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Will Red China’s money elect the next president?
Contributed by: Richard Yale on 10/4/2008

We citizens have no idea who is manipulating our electoral system with foreign money flow. Please see:

Secret, Foreign Money Floods Into Obama Campaign

No one gives secret money to political campaigns without expecting power and favors in return. From the financial melt down we already see what the hidden obligations of the elected in Congress had to do with the growth of graft and corruption in Fannie Mae & Freddie Mac. What graft and corruption quid pro quo is implicit in foreign money the donations to the Obama campaign?

By a loophole in the law a greedy presidential candidate is using the loop hole, unlike former President Clinton's who rose above using the loophole to hide donations, to not reporting all his overseas donation sources and amounts. Unlike McCain's or Sen. Hillary Clinton's online donation pages, the Obama site did not ask for proof of citizenship until just recently. Clinton's presidential campaign required U.S. citizens living abroad to actually fax a copy of their passport before a donation would be accepted.

"Our goal is to bring 50,000 new donors into our movement by Friday at midnight," campaign manager David Plouffe e-mailed supporters on Sept. 15. "And if you make your first online donation today, your gift will go twice as far. A previous donor has promised to match every dollar you donate."

Until now, the names of those donors and where they live have remained anonymous - and the federal watchdog agency in charge of ensuring that the presidential campaigns play by the same rules has no tools to find out.

The FEC has compiled a separate database of potentially questionable overseas donations that contains more than 11,500 contributions totaling $33.8 million. More than 520 listed their "state" as "IR," often an abbreviation for Iran. Another 63 listed it as "UK," the United Kingdom.

More than 1,400 of the overseas entries clearly were U.S. diplomats or military personnel, who gave an APO address overseas. Their total contributions came to just $201,680.

But others came from places as far afield as Abu Dhabi, Addis Ababa, Beijing, Fallujah, Florence, Italy, and a wide selection of towns and cities in France.

Until recently, the Obama Web site allowed a contributor to select the country where he resided from the entire membership of the United Nations, including such friendly places as North Korea and the Islamic Republic of Iran.




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Showing 1-10 of 38 comments
Submitted By: Bing Van Gorden
posted on 10/8/2008 @ 11:12:03 AM
Rated Story
I can not roll my eyes hard enough at the absurd nature of this attack. Keep deluding yourself Richard. While you opine aboutObama, McCain is robbing you blind. Don't bother looking anything up when you can easily find something to fuel your petty fears.
Submitted By: Chris Rodriguez
posted on 10/6/2008 @ 6:14:40 PM
(Not Rated)
CBS News "More Bogus Obama Donors Surface" http://www.cbsnews.com/stories/2008/10/06/cbsnews_investigates/main4504955.shtml - these are in addition to those other two, not the same ones. It says "contributions under fake names that look like they were written by a mouse running across a keyboard", pretty funny. I must say I'm surprised the MSM is picking up and reporting this as much as they are. FEC won't comment though.
Submitted By: Ralph Dosser
posted on 10/4/2008 @ 10:20:03 PM
Rated Story
CR, fair enough, I'll buy the story coming from Newsweek. Which means there are two donors (out of a million) who spammed Obama's automated donation form, and the campaign returned the money as soon as the problem was pointed out. Not exactly a Chinese conspiracy. Not exactly the campaign manager taking $2M from Freddie Mac, but you've definitely got yourself an anecdote there.
Submitted By: Richard Yale
posted on 10/4/2008 @ 7:37:08 PM
(Not Rated)
The $183 M. is reported by Newsmax, “the FEC breakdown of the Obama campaign has identified a staggering $222.7 million...from contributions of $200 or less. Only $39.6 million of that amount comes from donors the Obama campaign has identified.” The delta is $183.1 Million “Contributions that come under $200 aggregated per person are not listed,” said Bob Biersack, a spokesman for the FEC. “They don’t appear anywhere, so there’s no way of knowing who they are.” On July 14, 2008 A Federal grand jury today indicted a Thai businesswoman who worked as a Washington lobbyist on charges that she and her family funneled hundreds of thousands of dollars in foreign money to the Democratic Party to gain access for her clients to President Clinton and members of the Administration. Howard Dean is DNC, a leopard doesn’t change spots in 2 months. Part 1 to answer to RD.
Submitted By: Richard Yale
posted on 10/4/2008 @ 7:36:51 PM
(Not Rated)
Part 2 to answer for RD ''Ms. Kanchanalak has been caught up in a political controversy relating to D.N.C. fund-raising practices. The filing of a 24-count indictment against her continues a pattern of the Government inflating alleged Federal Election Commission violations into massive felony charges.'' “With today's indictment, prosecutors in the special task force have now charged most of the main contributors who gave money to the Democratic National Committee through John Huang, the former senior Democratic finance official who has long been a central focus of the inquiry.” The indictment said little about Ms. Kanchanalak's clients. http://query.nytimes.com/gst/fullpage.html?res=9804EED71031F937A25754C0A96E958260 Given the Bailout bill I don’t trust any of these weasels say or claim anymore, without seeing verified facts about anything financial effecting my grandchildren’s future.
Submitted By: Stephanie Baum
posted on 10/4/2008 @ 7:05:46 PM
Rated Story
http://atlasshrugs2000.typepad.com/atlas_shrugs/files/GoodWillDetail.xls or http://atlasshrugs2000.typepad.com/atlas_shrugs/files/DoodadDetail.xls
Submitted By: Chris Rodriguez
posted on 10/4/2008 @ 6:36:47 PM
(Not Rated)
That right-wing fringe news outlet NEWSWEEK just put this out: Obama's "Good Will" Hunting http://www.newsweek.com/id/162403
Submitted By: Ralph Dosser
posted on 10/4/2008 @ 5:53:47 PM
Rated Story
CR, looking at the FEC's site it seems like it simply doesn't come up that often: maybe one case a year gets prosecuted. But let's say McCain gets caught accepting contributions from foreign donors: from what I can tell there's a statutory maximum of 5 years in prison for violations of campaign finance regs, but I think that's pretty much unheard of. I'd say a hefty fine would be the most likely - it happens to campaigns all the time.
Submitted By: Chris Rodriguez
posted on 10/4/2008 @ 5:41:04 PM
(Not Rated)
Even if this is true, it won't get the legs necessary to matter. I'm betting lots of people think it's legal to get foreign donations, same people probably think that's why he went to Europe. That's just an observation, not a statement of my opinion. But playing devils advocate RD, what IF it were true? What should happen? Is it an impeachable offense? My personal opinion, he and his campaign will do anything and say anything to win, and is making promises that will be impossible to keep. Might was well start making a list and check em off when the time comes.
Submitted By: Ralph Dosser
posted on 10/4/2008 @ 5:38:25 PM
Rated Story
BTW, that $222M that Obama has raised from small donors is absolutely amazing. McCain has only brought in $73M from small donors. Talk about voting with your wallet! Obama has $77M cash-on-hand going into the home stretch. McCain is woefully outgunned at about $27M, which is not a good sign for him at all.
Showing 1-10 of 38 comments
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CONTRIBUTOR INFORMATION

Richard Yale

Longmont , CO

Richard Yale has posted 73 stories and 178 comments since joining on 12/13/2007. Richard Yale 's average story rating is 3.89.
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