Obama Finance Fraud, II

Ok, so National Journal has done an article about the way Obama is raising money via the Internet, It’s too bad there’s not contact information for the author, Neil Munro, because he including this howler in the article

Obama campaign spokesman Nick Shapiro said, “We review our contributions to ensure that the information donors provide is complete and verifiable. We would only accept a contribution from a pre-paid credit card if the donor provides complete and verifiable information, consistent with FEC guidelines.”

Now, let’s consider what the Chicago Tribune said about Obama’s September 2008 Fundraising

Obama campaign manager David Plouffe did not detail the contributions, beyond saying that the campaign had added 632,000 new donors to its rolls and that the average donation for the month was less than $100.

632,000 new donors, which is to say more than 20,000 new donors a day. How many of those donors do you think the Obama campaign “checked out”?

Let’s assume the average donation was $100 a month (the campaign claims less, but we’ll bump it a bit to make them look better). In that case, 1,500,000 people donated to the campaign last month. So they have 600,000 new donors, and 900,000 repeat donors. How many of those donations, do you think, got checked out?

Then there’s this

Campaign funding experts say that real-world difficulties present a significant barrier to anyone trying to make surreptitious direct donations. For example, National Journal‘s $25 donation would have to be quadrupled to $100, and then repeated 10,000 times, to deliver $1 million to the Obama campaign, which has collected more than $600 million from at least 3.1 million donors.

Well, the Obama campaign is refusing to report any donations less than $200 (following the letter of the law). So, you start by make $150 donations. You make one in the morning, and one at night. That’s $9,000 you’ve donated to the campaign in September, almost 4 times the legal limit, for a comparatively trivial effort.

You want to give more than that? Hire a kid to make donations for you. Or use a computer program to make the donations for you. You know, one that emits random strings of letters for the name. Or, even one that’s more sophisticated, andgrabs random real names and addresses and uses those to donate. Although, in that case, you probably want to make sure the random number generator is good. Otherwise you might end up donating $174,800 in the name of the same person.

Finally, there’s the sub headline for the article

Reports Of Irregularities In Donations Under $200 Raise Questions Of Who Bears The Burden Of Filtering Out Improper Money

Well, if you simply publicly release all the names, WE The People will check it out for you.

But, if you don’t turn off the standard anti-fraud protections, you can let your credit card company do most of the work. In fact, they’re charge you less if you do it that way.

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One Response to “Obama Finance Fraud, II”

  1. » Obama Finance Fraud, II Says:

    […] We would only accept a contribution from a pre-paid credit card if the donor provides complete and verifiable information, consistent with FEC guidelines.” Now, let’s consider what the Chicago Tribune said about Obama’s September 2008 … Obama Finance Fraud, II […]

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