Posted on 10/29/2008 8:05:05 AM PDT by Scythian
Fox had an interesting story on this morning. Obama's campaign does not have AVS turned on for it's credit card processing on donations (AVS = Address Verification Service). So, in reality, there is no name validation or address verification tied to his donations, and a ton of money is pouring in from Europe and elsewhere. They can just type in anyname they want to, Fox listed some of the names, Adolf Hilter, William Ayers, Yogi Bear, and so on. Basically, the Obama campaign has put the US Presidency on his own EBay and Europe and others are saying "Okay, we would like you to win, here's some money". A large percentage of his money is coming from outside of the US and he knows it. I run a business that does online sales, trust me, nobody runs with AVS turned off, you would end up with 95% fraud if you did.
I will try again. My bank just keeps saying they are all from overseas. I have the names but they are just meaningless alphabet soup.
My business would never be allowed to process such transactions. Who is the merchant bank handling Obama’s C/C processing?
Is anybody going to do anything about this?
I agree. Can you convince the McCain campaign to do that?
I have been thinking privately about treason / sedition for a couple of weeks. I think that’s why no one is making a big issue out of these continuing series of illegal activities, I mean look at the RICO possibilities with Acorn.
In my mind, I see teams of FBI and DOJ employees working feverishly behind the scenes collecting evidence, documenting money flows and voter registration frauds, nevermind the questionable relationships - and they are building a pretty big mountain of documentable evidence.
If BHO loses, well it’s not that BIG of a deal (although charges should be brought against him). But if he wins, can you imagine the outcry if the Feds then brought charges against him for racketeering, fraudulent credit card transactions, illegal payments for get out the vote, etc. that then leads to treason / sedition charges?
Get your guns loaded ladies and gentlemen if that happens.
This broke last week on Ace of Spades HQ and a bunch of other conservative blogs. I’ve got a few years’ experience on the IT side of the credit card industry, plus my wife has a small side business that takes and processes cards, so let me explain...
AVS is used to reduce the “chargeback” rate on credit card transactions. A chargeback is when a transaction is disputed or reversed, basically an error. High chargeback rates cause the credit card processors to charge the vendor more per transaction to cover the increased costs of handling the reversals. You as a business might pay your processor, say, 1% per credit card transaction you run. If your chargeback rate goes too high, they’ll ramp it up to 2%. But if you use AVS, you might only have to pay .6%. Every bank and processor does it differently.
For my wife’s business, what we are required to do to get a lower rate, when we enter a credit card transaction through our terminal, is collect the house number and zip code of the cardholder’s billing address. (We only sell at craft shows, not in stores, and don’t have an online presence.) We put that in along with the card number, expiration date, amount, etc., and get a lower rate taken out of the money before the processor sends it to us. If we don’t have that address info, we can send the transaction, but the rate roughly doubles.
AVS is almost always on by DEFAULT. Try making an online credit card purchase virtually anywhere, even a donation at the McCain campaign, and screw up one digit in your zipcode or mess up your address, and it won’t fly. At many places, try making a purchase even with the right address, and if you screw up your CVV/CVC (that little three- or four-digit code printed on your card’s signature plate), it won’t fly.
AVS is a fraud-protection system for the business, and it saves them money in lower rates paid to the credit card processor. I honestly cannot think of a reason that you would EVER want to run without AVS if there is an option for you to use it...or you wanted to let things slip through the cracks.
}:-)4
added digg to keywords.
Where was that Democrat attorney Berg when we needed him? He could file suit to enforce campaign finance laws. Or, is Berg only capable of filing one suit at a time?
If true couldn’t someone from the Justice Dept. step in, or a quick filing with a proper court?
This has been going on for at least a couple of years. I would be willing to bet that the amount of donations from IP addresses in China, Saudi & other muslim countries is in the tens, if not hundreds of millions. 1600 Penn. Ave. is for sale to foreign bidders.
Thanks for posting. Thanks to all posters. Re-BUMP!
as far as I know, I was the first to say it here: we need BUSH to suspend the election and verify all voter registrations.
It is a shame, but we need immediate protection from fraud, and that means a national ID card or mandatory picture ID cards for all voters in their states
BIOMETRIC verification, fingerprints or iris scan preferred to verify
Obama is stealing this election, and he is doing it in a criminal manner, not a metaphoric theft, but a legimate threat.
I have been selling retail technology (point of sale) for 30 years, and I too know a little about AVS.
Plain and simple, what they are doing is immoral, if not illegal. And the qeustion “who is their credit switch” is a very interesting question. All transacations ultimately end up at a payment processor (FirstData, 5/3 Bank, etc.) that clears the transaction.
The poster above is right about the transaction fee. So it appears that the BHO campaign in not concerned about paying the higher fees (because they are not collecting name, zip, etc.). Now why would that be? On a $600M campaign, the cost of that 1% extra transaction fee could mean an extra $6,000,000, which would be enough for several more ads. So I have a conspiracy theory.
If a large % of these transactions are from stolen identity (that’s why they are using fake names), then that means that a good part of his $600M are fraudulent and illegal transactions. That means the average Joes across America will see a fraudulent transaction on their credit card bill. So even if it is at the $86 average per BHO donation, with 1 million people you can easily get $86,000,000 in just a few seconds!
If the feds can trace the money flow on this issue alone, BHO should be shot by firing squad for treason.
Maybe a special prosecutor? Something need to be done or the rules need to be repealed.
Republicans tend to not cheat in elections and, as such, we get our heads handed to us over and over again!
Then show a clip of Obama now refusing to live by his promise. Say we now know why...Obama is now taking illegal money from Iran, Syria, and North Koreathis is why he didnt want to limit his ability to raise money. Hes in the pocket of the terrorists. Why else would he have turned off standard fraud protection for credit card donations. In fact, Amedinajad has given him $$$ and so has Osama bin Laden.
Do you really want the next president to be someone that is willing to take money from Osama Bin Laden?
Great idea, for-q-clinton.
Is anybody on my list connected to the McCain campaign, or have any influence? PLEASE get this message to them - time is short.
Between Obama's shady donations, ACORN and voter fraud, I don't see where McCain/Palin have much of a chance to win this election unless we generate unprecedented turnout for them...
In the meantime... GET OUT THE VOTE FOR McCAIN/PALIN!!!
Thanks for posting.
The Dems have taken HUNDREDS OF MILLIONS OF DOLLARS in Illegal Overseas donations this year, both to OBAMA, and it’s other orgs, like “Act Blue”...
This became a big revenue stream for them in 2004, and it’s gone orgy this year.
But have no fear, it’s just foriegn nationals giving the money to Democrats, that Americans won’t give themselves.
Get your guns loaded ladies and gentlemen if that happens.
They're already loaded anticipating riots.
Laws are for Republicans
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