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Obama’s Shady Fundraising (Update)

John on October 1, 2008 at 3:28 pm

For a man who touts his desire to put the federal budget online, Barack Obama isn’t off to a very good start:

More than half of the whopping $426.9 million Barack Obama has raised has come from small donors whose names the Obama campaign won’t disclose…

Unlike the McCain campaign, which has made its complete donor database available online, the Obama campaign has not identified donors for nearly half the amount he has raised, according to the Center for Responsive Politics (CRP).

Federal law does not require the campaigns to identify donors who give less than $200 during the election cycle. However, it does require that campaigns calculate running totals for each donor and report them once they go beyond the $200 mark.

Why does this matter?

Under campaign finance laws, an individual can donate $2,300 to a candidate for federal office in both the primary and general election, for a total of $4,600. If a donor has topped the limit in the primary, the campaign can “redesignate” the contribution to the general election on its books.

In a letter dated June 25, 2008, the FEC asked the Obama campaign to verify a series of $25 donations from a contributor identified as “Will, Good” from Austin, Texas.

Mr. Good Will listed his employer as “Loving” and his profession as “You.”

A Newsmax analysis of the 1.4 million individual contributions in the latest master file for the Obama campaign discovered 1,000 separate entries for Mr. Good Will, most of them for $25.

In total, Mr. Good Will gave $17,375.

Mr. Good Will is not alone. Click the link above and read about a few more shady donors, including Obama’s tens of thousands in contributions from Iran and the Gaza strip. And keep in mind this is just the tip of the iceberg. We’d know a lot more if Obama released his “small donor” data online as McCain has done.

Update 10PM: From the Spectator. The government is giving Obama a pass:

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.”

[...]

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 ever leveled against a national campaign entity.”

After the election, they’ll look into it. He’ll pay a fine after claiming he didn’t know (and I’m guessing he’ll say the FEC should have brought it up earlier so he could address it, wait and see). Then the NY Times will tsk, tsk a bit and it’ll be forgotten. What’s a little fraud as long as it helps their guy be President.

[HT: Hot Air]

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