Wednesday, October 8, 2008

Who Is Buying The White House?

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Who Is Buying The White House?

Sources of more than $190 million in Obama election contributions are unidentified. Will a federal investigation find foreigners illegally rigging the most important presidential election in history?

Newsmax reported last week that Sen. Barack Obama's campaign has collected "the largest pool of unidentified money that has ever flooded into the U.S. election system, before or after the McCain-Feingold campaign finance reforms of 2002."

Federal Election Commission data show that some $222 million of the cash Obama has collected came in the form of contributions of $200 or less, with the Democratic nominee's campaign identifying the donors of less than $40 million of that sum.

Campaigns may accept donations of less than $200 without providing the donors' names and addresses in campaign finance reports, but Sen. John McCain's camp has made its full donor database available on the Internet. Independent campaign finance watchdog organizations have asked the Obama campaign to list all its donors, as well, but it's refused. What is Obama hiding?

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