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Obama’s Fishy $200 Million (Who will investigate before Election Day? Also: Barney and Fannie.)
The American Prowler ^ | 10/2/2008 | The Prowler

Posted on 10/01/2008 9:42:48 PM PDT by nickcarraway

FUNNY MONEY

An auditor for the Federal Election Commission is attempting to have his bosses seek a formal investigation into the collection by the Obama for President campaign of more than $200 million in potentially illegal political donations, including millions of dollars of illegal, foreign donations, and has sought a request for assistance from the Department of Justice or Federal Bureau of Investigation. But the analyst's requests have largely been ignored. "I can't get anyone to move. I believe we are looking at a hijacking of our political system that makes the Clinton and Gore fundraising scandals pale in comparison. And no one here wants to touch it."

One reasons cited by his superiors, says the analyst, is that involvement by the Justice Department or FBI would be indicative of a criminal investigation, something the FEC would prefer not take place a month before the presidential election. Such actions, though, have been used to scuttle Republican campaigns in the past, the most famous being the Weinberger case in the days leading up to the 1992 re-election bid of President George H.W. Bush.

The analyst, who declines to be identified for fear of retribution, says that on four different occasions in the past three months, he sought to open formal investigations into the Obama campaign's fundraising techniques, but those investigations have been discouraged. "Without formal approval, I can't get the resources I need, manpower, that kind of thing. This is a huge undertaking." And the analyst says that he believes that campaign finance violations have occurred.

The Obama campaign has already had to deal with several FEC complaints about fraudulent donors and illegal foreign contributions, and the FEC says it has no record that those complaints have been resolved or closed. As well, the Obama campaign has been cagey at times about the means by which it has made its historic fundraising hauls, which now total almost $500 million for the election cycle. The Hillary Clinton campaign raised questions about the huge amount of e-retail sales the Obama campaign was making for such things as t-shirts and other campaign paraphernalia, and how such sales were being tracked and used for fundraising purposes. While the profits of those items counted against the $2,300 personal donation limit, there have always been lingering questions about the e-retail system.

"The question has always been, if you buy a $25 t-shirt and you go back to that purchaser eight or nine times with email appeals for $200 or $500 donations, and you have people donating like that all the time, at what point does the campaign bother to check if the FEC limit has been exceeded?" says a former Clinton campaign fundraiser. "There are enough of us from the 1992 and 1996 and 2000 races around to know that many of these kinds of violations never get caught until after the election has been won or lost. In this case, there is no way the Obama campaign will be held accountable before Election Day, unless someone raises holy hell."

The FEC analyst says that Obama's filings indicate he has received large, bundled sums of donations from overseas, sometimes exceeding a quarter millions dollars. "It's suspicious, but it's the small donations made by credit card that need to be examined. We've raised red flags on many of these and the Obama campaign just ignores us. After this election, after we've sifted through everything -- if we're allowed to sift through everything -- I am confident that we are looking at perhaps the largest fine every leveled against a national campaign entity."

Just as frustrating as the lack of desire on the part of his bosses to act, says the analyst, is that major media outlets have ignored the story he has been attempting to tell. Thus far, Newsmax is one of the few publications to cover the Obama campaign finance scam story.

FAN, FRED, AND FRANK

House Democrats are concerned that it wasn't just Rep. Barney Frank who was having extracurricular relations with Fannie Mae and Freddie Mac executives, and that those relationships will come to light before the election a month from now.

According to a former Democrat staffer working for the House Committee on Financial Services, there were a number of stories involving Democrat members of the committee, as well as staffers for those Democrats, participating in retreats and getaway weekends paid for by Fan and Fred executives and lobbyists.

"Republicans were in the majority, and they weren't getting invited on these trips," says the former aide, who now works for an investment house in New York. "It's not that Republicans weren't enjoying themselves, but not the way my guys were. If I were a Democratic member in the mid to late 90s and dealt with financial services or housing issues, I'd be real nervous right now."

Frank has not hidden the fact that he was in a romantic relationship with a former executive for Fannie Mae. Frank now chairs the Financial Services Committee and was one of several longtime Democrat members who sought assurances from Speaker of the House Nancy Pelosi that no action would be taken on Fan or Fred investigations until after the election in November.


TOPICS: Culture/Society; Extended News; News/Current Events; Politics/Elections
KEYWORDS: barneyfrank; fec; funnymoney; obama
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1 posted on 10/01/2008 9:42:49 PM PDT by nickcarraway
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To: nickcarraway

I’m sure this will be above the fold in the New York Times tomorrow morning, and will be the lead story on all 3 network news casts....

If it were a republican, you could bet your ass it would be, for multiple days.


2 posted on 10/01/2008 9:46:06 PM PDT by KoRn ("Change": Come Help A Nitwit Get Elected)
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To: nickcarraway

President Bush should get involved.

This would be perfect payback for all the shots he’s had to take from these people.

Help McCain Mr. President ! USE the power vested in you !
Don’t go out like a whipped puppy! Kick some okole !


3 posted on 10/01/2008 9:47:16 PM PDT by LeoWindhorse
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To: nickcarraway

Don’t worry,Obama will fire every US Attorney. A curtain of corruption is about to descend on the USA. Yes, the American people are this stupid.


4 posted on 10/01/2008 9:48:53 PM PDT by Williams (It's The Policies, Stupid.)
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To: LeoWindhorse
President Bush should get involved....

Prone to stop reading there, sorry.

5 posted on 10/01/2008 9:50:33 PM PDT by unspun (Tell the truth about Obama to all you know.)
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To: nickcarraway
I am confident that we are looking at perhaps the largest fine every (sic) leveled against a national campaign entity.

Gee, maybe the fine will bankrupt his campaign after he's been elected. That'll teach 'em crime doesn't pay. /sarc
6 posted on 10/01/2008 9:51:06 PM PDT by javachip
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To: nickcarraway

“that major media outlets have ignored the story he has been attempting to tell.”

Well, DUHhhhh!
Who’d a thunk it!

The MEDIA ignoring a potentially damaging Story about OBAMA? DO TELL!!!

Now, if it had been something JUICY like Sarah Palin getting an F in the 6th grade, well, THAT would be worthy of a LEAD!!!


7 posted on 10/01/2008 9:53:14 PM PDT by tcrlaf (SARAH PALIN-The American Everywoman (Yes, You Really CAN!))
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To: nickcarraway

The rats got away with it in the 90s and figured what the hell lets try it again.Seems to be working just fine.Dont wait for bush to do anything just avoid the disappointment.


8 posted on 10/01/2008 9:53:43 PM PDT by HANG THE EXPENSE (Defeat liberalism, its the right thing to do for America.)
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To: nickcarraway
"Barney and Fannie"...
9 posted on 10/01/2008 9:55:38 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: nickcarraway

The next question is how much Communist and Moslem money, both internally and from foreign countries, is being laundered into the Obama campaign?

It will be almost impossible to follow anonymous cash trails to an individual, but to specific places, and possibly organizations, yes.

You know damned well that Castro, Chavez, Morales, Correa and Ortega are funneling money under the table and across the border. That is the way Communists operate. No debate on this.

What about the Saudis, Yemen, Indonesians, Nigerian Moslems, the Sudanese Moslems (who are not afraid of Obie), Kenyan moslems (whom he supports), Hamas, Hezbulloh (they are really afraid of Obie, right?), IRAN, Syria, Belarus, Russia, and Red China?

They have enough agents and sleepers in the US to start a new country, and don’t think that they aren’t working to aid the man from Chicago.

Local reds and retread reds from the CPUSA/SDS/MDS and the PFO/DSA and the crooks of Chicago are out there in force also. Go to www.usasurvival.org, www.aim.org and www.newzeal.blogspot.com for NAMES AND PLACES.

America, we are in trouble.


10 posted on 10/01/2008 10:06:55 PM PDT by MadMax, the Grinning Reaper
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To: nickcarraway
The analyst, who declines to be identified for fear of retribution...

This guy needs to come forward. I assume there are whistleblower laws that would protect him.

11 posted on 10/01/2008 10:11:24 PM PDT by Azzurri
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To: nickcarraway

Time for Senator McCain to come to his rescue with a super-duper Campaign Finance Reform law to distract from the illegal donations. That was how he responded to the Chinese financing of Clinton.


12 posted on 10/01/2008 10:11:46 PM PDT by Jeff Chandler (The Democrats drove our financial system into a ditch.)
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To: nickcarraway
This is the most corrupt political campaign I have ever witnessed.
13 posted on 10/01/2008 10:13:27 PM PDT by roses of sharon (The MSM vampires must die!)
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To: nickcarraway

Who cares about massive campaign finance corruption — I just heard that dumpster divers found Sarah Palin’s 3rd grade homework and young Sarah wrote that she believes in God, nation, family..... THAT is the outrage the MSM is concerned about now.


14 posted on 10/01/2008 10:18:47 PM PDT by Enchante (America: can you seriously believe that Obama & Biden know how to "run our economy"?)
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To: nickcarraway

The next question is how much Communist and Moslem money, both internally and from foreign countries, is being laundered into the Obama campaign?

It will be almost impossible to follow anonymous cash trails to an individual, but to specific places, and possibly organizations, yes.

You know damned well that Castro, Chavez, Morales, Correa and Ortega are funneling money under the table and across the border. That is the way Communists operate. No debate on this.

What about the Saudis, Yemen, Indonesians, Nigerian Moslems, the Sudanese Moslems (who are not afraid of Obie), Kenyan moslems (whom he supports), Hamas, Hezbulloh (they are really afraid of Obie, right?), IRAN, Syria, Belarus, Russia, and Red China?

They have enough agents and sleepers in the US to start a new country, and don’t think that they aren’t working to aid the man from Chicago.

Local reds and retread reds from the CPUSA/SDS/MDS and the PFO/DSA and the crooks of Chicago are out there in force too. Go to www.usasurvival.org, www.aim.org and www.newzeal.blogspot.com for NAMES AND PLACES.

America, we are in trouble.


15 posted on 10/01/2008 10:20:06 PM PDT by MadMax, the Grinning Reaper
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To: nickcarraway
folks and fellow freepers.....if there is just one reason why you should work your fanny off to defeat hussein, its because the stench and utter obscenity that is his campaign will never be addressed if he becomes prez.. if its never addressed, it will only grow bolder and more destructive.....

remember, the White Water investigation had LEGS before Toon was elected...he shafted all the sitting US Attorneys and I believe he shut down the investigation out of the Kansas City office that had the goods on him...

WE CAN DEFEAT THE ABOMINATION....

16 posted on 10/01/2008 10:29:01 PM PDT by cherry
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To: nickcarraway

Anything that the Feckless Election Commission does will drag out for many months, then result in nothing.

BTW, isn’t this the Commission lacking enough members to seat a quorum because the Dims refuse to consider Bush’s nominees?


17 posted on 10/01/2008 11:00:29 PM PDT by Elsiejay
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To: nickcarraway

“Frank has not hidden the fact that he was in a romantic relationship with a former executive for Fannie Mae.”

Maybe it is just me, but the adjective in front of “relationship” is not the word I would choose.


18 posted on 10/01/2008 11:30:12 PM PDT by doug from upland (8 million views of HILLARY! UNCENSORED - put some ice on it, witch)
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To: doug from upland

Where is Woodward and Bernstein these days? I’m sure they’d love to uncover the real truth and get to the bottom of things, right? Right? SARC


19 posted on 10/02/2008 12:56:39 AM PDT by princeofdarkness (Ronald Reagan- "Trust But Verify" MSM- "Report, Lie, Then Crucify")
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To: nickcarraway
After this election, after we've sifted through everything -- if we're allowed to sift through everything -- I am confident that we are looking at perhaps the largest fine every leveled against a national campaign entity."

The Empty Suit Marxists are not worried about that Mr Auditor because if they win, they know that thier leader will stack the FCC with his corrupt cronies.

20 posted on 10/02/2008 1:25:21 AM PDT by AmericaUnited
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