Say Anything Blog

From Ken Timmerman:

The Obama camp claims to have 2.5 million donors in all. But until now, they have kept secret the names of the overwhelming majority of these money-givers. According to a Newsmax analysis, the Obama campaign finance records contain just 370,448 unique names.

Even accounting for common names such as Robert Taylor or Michael Brown, which can signify multiple donors, Obama’s publicly known donor base is less than 20 percent of the total number of donors the campaign claims to have attracted. But the identity of the other 2 million donors is being kept secret.

As of the end of August, those secret donors have given an incredible $222.7 million to Obama, according to the FEC—money whose origin remains unknown to anyone other than Obama’s finance team, who won’t take calls from the press.

While no exact figures are available, if the same percentage of potential foreign contributions found in the itemized contribution data is applied to the total $426.9 million the Obama camp says it has taken in from individuals, this could mean that Obama is financing his presidential campaign with anywhere from $13 million to a whopping $63 million from overseas credit cards or foreign currency purchases.

The sum of all unrounded contributions in the itemized FEC filings for the Obama campaigns comes to $6,437,066.07. That is the actual amount of money that appears to have been charged to foreign credit cards that the Obama campaign has disclosed.

If the same ratio applies to the unitemized contributions, which are again as large, then the Obama campaign may have taken as much as $13 million from foreign donors.

However, the donors who made those unrounded contributions gave a total of $31,484,584.27, meaning that as much as $63 million may have come from questionable sources.

Both presidential campaigns are required to submit detailed fundraising reports for September on Monday.

It’s a long meaty article, you will want to read the whole thing.