All the president’s funny money
Ka-ching, ka-ching, ka-ching. President Obama’s perpetual campaign cash-o-matic machine kicks into high gear again this week as the celebrity-in-chief heads to Hollywood for several high-priced fundraisers. But while the Democrats’ 2012 re-election team stuffs its hands into every liberal deep pocket in sight, questions about the Obama 2008 campaign finance operation still fester.
Last week, the laggard watchdogs at the Federal Election Commission announced an audit of the Obama 2008 campaign committee — which raised a record-setting $750 million. White House flacks are downplaying the probe as a “routine review.”
But there’s nothing routine about the nearly $3 million Obama has spent on legal expenses to address federal campaign finance irregularities and inquiries. Roll Call reports that Obama’s campaign legal fees have exceeded all other House and presidential campaign committees, including members of Congress under ethics investigations.
There’s nothing routine about the whopping $6 million that Team Obama has refunded to individual donors since Obama took office.
And there’s nothing routine about the 26 warning letters to Obama for America totaling “more than 1,500 pages of questions and data that outlined compliance concerns — including the longest one ever sent to a presidential candidate,” according to Roll Call.
Among the Obama 2008 campaign committee’s shadiest transactions that have gone unpunished:
– Foreign funny money. Federal election law bans foreign nationals from contributing to American candidates. But during 2008, the Obama campaign was forced to return an illegal foreign donation worth $31,100 made by two brothers in the Gaza Strip, and even mainstream news outlets reported that candidate Obama’s money-handlers had routinely failed to verify citizenship by checking donors’ passports. As the Associated Press reported at the time: “One donor, Tom Sanderson of Canada, made clear his $500 contribution came from a foreign source. He included a note that said, ‘I am not an American citizen!’ Obama’s campaign took the money anyway…”