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October 29, 2008
Obama Campaign Gobbles Up Illicit Donations via Prepaid Credit Cards
Posted by Dave Blount at October 29, 2008 8:31 AM
Without even having won the election, the Obama Administration is already notable for its corruption. The latest revelation:
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. […]
The problem with [prepaid credit] cards, campaign finance lawyers said, is that they make it impossible to tell whether foreign nationals, donors who have exceeded the limits, government contractors or others who are barred from giving to a federal campaign are making contributions.
"They have opened the floodgates to all this money coming in," said Sean Cairncross, chief counsel to the Republican National Committee. "I think they've made the determination that whatever money they have to refund on the back end doesn't outweigh the benefit of taking all this money upfront."
I'm sure Obama won't mind refunding the illegal funds he gets nailed on, once he's in the White House. At that point, he'll be vacuuming money out of our bank accounts, instead of from foreigners and George Soros.
This helps explain why Democrats more than Republicans favored McCain's atrocious campaign finance reform. Republicans have the disadvantage of having to follow the rules, if only because the media will tear them to pieces if they don't. Meanwhile, Mary T. Biskup, a retired insurance manager from Manchester, Missouri, donated $174,800 to the Obama campaign, despite being limited to $2,300 for the general election.
If this is how the Obama campaign is run, imagine how Obamunists would run the country.
On a tip from nanc.
