More than 37,000 Obama donations appear to be conversions of foreign currency.

October 21, 2008 by forthardknox  
Filed under News and Opinion

From Ken Timmerman of Newsmax:

“As Barack Obama reaped a stunning $150 million in campaign donations in September, bringing his total to more than $600 million, new questions have arisen about the source of his amazing funding.

“By Obama’s own admission, more than half of his contributions have come from small donors giving $200 or less. But unlike John McCain’s campaign, Obama won’t release the names of these donors.

“A Newsmax canvass of disclosed Obama campaign donors shows worrisome anomalies, including outright violations of federal election laws.

“For example, Obama has numerous donors who have contributed well over the $4,600 federal election limit.

“Many of these donors have never been contacted by the Obama campaign to refund the excess amounts to them.

“And more than 37,000 Obama donations appear to be conversions of foreign currency.

“According to a Newsmax analysis of the Obama campaign data before the latest figures were released, potential foreign currency donations could range anywhere from $12.8 million to a stunning $63 million in all. With the addition of $150 million raised in September, this amount could be much more….Continue reading on Newsmax >>

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  1. [...] BigNameArticles.com wrote an interesting post today onHere’s a quick excerpt From Ken Timmerman of Newsmax: “As Barack Obama reaped a stunning $150 million in campaign donations in September, bringing his total to more than $600 million, new questions have arisen about the source of his amazing funding. “By Obama’s own admission, more than half of his contributions have come from small donors giving $200 or less. But unlike John McCain’s campaign, Obama won’t release the names of these donors. “A Newsmax canvass of disclosed Obama campaign donors shows worrisome an [...]



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