BHO war chest still a mystery

.

Consider this NewsMax report from a year ago:

Excerpt

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.  Surprisingly, the great majority of Obama donors never break the $200 threshold.

_________

Some say Obama bought the Presidency.    Here are the reasons for suspicion.  One might ask, is the FEC investigating?  No.  Is the mainstream media investigating.  No.  How come?

Obama likely to escape campaign audit  Politico

Obama raised $747 million and spent about $730 million.  McCain raised $351 million and spent about $310 million.  Obama raised more than twice as much and spent more than twice as much as McCain.  Hillary raised $227 million and spent $218 million.  Combined, McCain and Clinton only raised 77% of what Obama raised. 

No one has ever raised $747 million to run for President, and obviously, no one has ever spent $730 million either.

Overall, in the last presidential campaign, the Democrats spent $1.079 BILLION, while Republicans spent $606 MILLION, so why then are Republicans considered the party of the rich?

Source:  FEC disclosures here.

Even the Washington Post raised eyebrows concerning the financial dealings of the Democrats and Obama in particular, full story here.  The story, headlined “Obama Accepting Untraceable Donations” noted:

 Sen. Barack Obama‘s presidential campaign is allowing donors to use largely untraceable prepaid credit cards that could potentially be used to evade limits on how much an individual is legally allowed to give or to mask a contributor’s identity, campaign officials confirmed. Faced with a huge influx of donations over the Internet, the campaign has also chosen not to use basic security measures to prevent potentially illegal or anonymous contributions from flowing into its accounts, aides acknowledged. Instead, the campaign is scrutinizing its books for improper donations after the money has been deposited.”

SCRUTINIZING THE BOOKS AFTER THE MONEY IS DEPOSITED.   CONVENIENT.   IF YOU CANNOT DETERMINE THE SOURCE OF THE DONATION, HOW CAN YOU RETURN IT?  IF THERE IS NO WAY TO DETECT ILLEGALITY, WHY EVEN BOTHER? 

In view of the extraordinary war chest amassed by Obama, and the methods used to collect money over the internet, money not easily traced or accounted for, serious questions were raised about campaign finance irregularies and allegedly illegal contributions from foreign sources.

Among the stories to appear:

Obama’s Foreign Donors: The media averts its eyes

Obama contributions: foreign and domestic

OH, OH . . . BUT WAIT!  HERE’S THE GOOD NEWS.  THE OBAMA CAMPAIGN IS RETURNING FOREIGN CONTRIBUTIONS!  How much so far?

$89,000.00

Hey, but the Obama campaign gave $50,000.00 to charity in Chicago!

Source:  THE HILL

 

 

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