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Friday, October 5, 2012

Obama Donor Scandal About To Break!

(Washington Examiner) President Obama reelection campaign, rattled by his Wednesday night debate performance, could be in for even worse news. According to knowlegable sources, a national magazine and a national web site are preparing a blockbuster donor scandal story.
Sources told Secrets that the Obama campaign has been trying to block the story. But a key source said it plans to publish the story Friday or, more likely, Monday.
According to the sources, a taxpayer watchdog group conducted a nine-month investigation into presidential and congressional fundraising and has uncovered thousands of cases of credit card solicitations and donations to Obama and Capitol Hill, allegedly from unsecure accounts, and many from overseas. That might be a violation of federal election laws.

Washington Examiner teases Obama credit card donor scandal

We’re heard every excuse for President Obama’s drubbing at last night’s presidential debate, from the high altitude to loud noises. The Washington Examiner tonight, though, is teasing another possible distraction for Team Obama — a “blockbuster” donor scandal that is set to break soon in a national magazine.
According to the sources, a taxpayer watchdog group conducted a nine-month investigation into presidential and congressional fundraising and has uncovered thousands of cases of credit card solicitations and donations to Obama and Capitol Hill, allegedly from unsecure accounts, and many from overseas. That might be a violation of federal election laws.



  • DC REPORT: IS POSSIBLE DONOR SCANDAL STORY DISTRACTING OBAMA?
  • Posted on October 4, 2012
DC Report: Was Upcoming Donor Scandal Story Distracting Barack Obama During Debate?
US President Barack Obama waves to supporters at a campaign rally October 4, 2012 at the University of Wisconsin-Madison in Madison, Wisconsin. Obama returned to the campaign trail after taking part in the first presidential debate on October 3, 2012 in Denver. (Credit: AFP/Getty Images)
A brewing political scandal regarding potentially illegal campaign donations is threatening to cause even more problems for President Barack Obama’s re-election campaign, the Washington Examiner reports.
The news comes the day after the commander-in-chief was easily outperformed by his rival Mitt Romney in the first presidential debate on Wednesday night, putting Obama suddenly on the defensive.
The Washington Examiner, citing “knowledgeable sources,” reports that a national magazine and a national web site are preparing to run a bombshell donor scandal story that President Obama and his campaign have been trying to keep under wraps.
However, a “key source” reportedly said the story could be published on Friday or this upcoming Monday.
According to the sources, a taxpayer watchdog group conducted a nine-month investigation into presidential and congressional fundraising and has uncovered thousands of cases of credit card solicitations and donations to Obama and Capitol Hill, allegedly from unsecure accounts, and many from overseas. That might be a violation of federal election laws.
The Obama campaign has received hundreds of millions in small dollar donations, many via credit card donations through their website. On Thursday, the campaign announced a record September donor haul of $150 million.
Political analysts have been trying to figure out why Obama looked off his game during the debate — a possible donor scandal story from a national magazine and website could be one possible explanation.
If there is any silver lining for Obama, the Obama-Biden ticket survived a similar scandal at the end of 2008. The Washington Post reported that the Obama campaign allowed 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.”


OBAMA RAISES $150M IN SEPTEMBER, TRIES TO BLOCK 'BLOCKBUSTER' DONOR SCANDAL



President Barack Obama’s campaign raised more than $150 million in September, which was a record haul for the 2012 cycle, but the campaign may be actively trying to block a story in the works about a “blockbuster donor scandal” that could put its fundraising numbers under intense scrutiny. 

According to the Washington Examiner, “a taxpayer watchdog group conducted a nine-month investigation” and uncovered “thousands of cases of credit card solicitations and donations” to the Obama campaign. Many of those donations have allegedly come from overseas and may be in violation of federal election laws. 
National outlets are preparing stories on the matter, and the Obama campaign has been trying to block those stories from being published. 
The Wall Street Journal, citing “people familiar with the totals,” reported the Obama campaign’s September fundraising haul on Thursday, which shattered the campaign’s August record of $114 million for the most money raised in a month during the 2012 election cycle.
The Obama campaign in August also broke the Romney campaign’s three-month streak in which it beat the Obama campaign in fundraising.
And in August, the Obama campaign raised $25 million from people donating $200 or less. In addition, while the September figures are not yet known, “more than 2 million people” had donated $25 or less as of August to the Obama campaign. 
Under Federal Election Commission (FEC) regulations, campaigns have to make their “best efforts” to collect information about contributors who donate $50-$200, but those who donate less than $200 do not have to be publicly disclosed.
Further, all donations less than $50 fall under the “Pass-the-Hat” rule, which means campaigns do not have to make their “best efforts” to collect identifying information on these donors and can actually report all such donations under a lump sum. 
The Obama campaign’s September fundraising numbers may give people a feeling of déjà vu. 
In September of 2008, the Obama campaign also raised $150 million, which was a record at that time, and added 632,000 new donors then. 
And as the Examiner noted, the Obama campaign in 2008 was hit with a similar scandal in which the campaign let donors 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."
David Plouffe, Obama’s campaign manager in 2008, wrote in his 2009 book, The Audacity to Win, about how even he was surprised by the amount of money the campaign was able to raise during the 2008 campaign.  
“Whenever I checked our fund-raising performance online, it was like watching a volcano erupt,” Plouffe wrote. “There were times when we were raising $250,000, $300,000, even $500,000 an hour. It was remarkable, and critical.”

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