Rove, Gillespie Slam Obama for Spreading 'Baseless Lie' Over Foreign Contributions

Two top Republicans lit into President Obama and the Democratic Party Sunday over accusations that the GOP strategists and the Chamber of Commerce were using foreign contributions to influence the election, calling the claim a "baseless lie" and accusing the president of "abuse of power."

Karl Rove, a Fox News contributor, said on "Fox News Sunday" that the president had gone too far.

"Have these people no shame? Does the president of the United States have such little regard for the office that he holds that he goes out there and makes these kind of baseless charges against his political enemies?" Rove said. "This is just beyond the pale. How dare the president do this."

Rove was referring to a series of charges that have been leveled over the past week. Obama first said at a rally in Maryland Thursday that the U.S. Chamber of Commerce, which he referred to without mentioning by name, was paying for ads against Democrats while taking money from "foreign corporations."

"So groups that receive foreign money are spending huge sums to influence American elections, and they won't tell you where the money for their ads come from," Obama said. Then Obama twice mentioned Rove by name at an Illinois rally, saying "two groups funded and advised by Karl Rove have outspent the Democratic Party 2 to1 in an attempt to beat" Democratic Senate nominee Alexi Giannoulias.

2008 presidential election........

The FEC breakdown of the Obama campaign has identified a staggering $222.7 million as coming from contributions of $200 or less. Only $39.6 million of that amount comes from donors the Obama campaign has identified.

It is the largest pool of unidentified money that has ever flooded into the U.S. election system, before or after the McCain-Feingold campaign finance reforms of 2002.

Biersack would not comment on whether the FEC was investigating the huge amount of cash that has come into Obama’s coffers with no public reporting.

But Massie Ritsch, a spokesman for CRP, a campaign-finance watchdog group, dismissed the scale of the unreported money.

“We feel comfortable that it isn’t the $20 donations that are corrupting a campaign,” he told Newsmax.

But those small donations have added up to more than $200 million, all of it from unknown and unreported donors.

Ritsch acknowledges that there is skepticism about all the unreported money, especially in the Obama campaign coffers.

“We and seven other watchdog groups asked both campaigns for more information on small donors,” he said. “The Obama campaign never responded,” whereas the McCain campaign “makes all its donor information, including the small donors, available online.”

The rise of the Internet as a campaign funding tool raises new questions about the adequacy of FEC requirements on disclosure. In pre-Internet fundraising, almost all political donations, even small ones, were made by bank check, leaving a paper trail and limiting the amount of fraud.

But credit cards used to make donations on the Internet have allowed for far more abuse.

“While FEC practice is to do a post-election review of all presidential campaigns, given their sluggish metabolism, results can take three or four years,” said Ken Boehm, the chairman of the conservative National Legal and Policy Center.

Already, the FEC has noted unusual patterns in Obama campaign donations among donors who have been disclosed because they have gone beyond the $200 minimum.

(To continue reading this article and the information on foreign donations, click here: http://www.newsmax.com/timmerman/Obama_fundraising_illegal/2008/09/29/135718.html )

...strangely enough the link to newmax no longer works

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