As the November 2 General Election draws near, Barack Obama and congressional Democrats find themselves staring political repudiation squarely in the eye.\u00a0 Like condemned men watching their gallows being built, they become more and more desperate with each passing day.\u00a0 Unable to defend their record of the past four years in Congress and the past two years in the White House, they do what liberals always do\u2026 they lie, they frighten old people, they play the race card, and they engage in name-calling and character assassination.<\/p>\n
Facing the loss of 60-80 seats in the House and 10-12 seats in the Senate, their latest gambit has been to try to convince the American people that Republican strategists Karl Rove and Ed Gillespie, with the financial resources of the U.S. Chamber of Commerce at their disposal, are attempting to buy elections with illegal foreign contributions.\u00a0<\/p>\n
An ad broadcast by the Democratic National Committee and parroted by none other than the Usurper himself, accuses Rove and Gillespie of \u201cspending millions from secret donors to elect Republicans to do their bidding in Congress.\u201d\u00a0 With absolutely no proof of their accusations, a shortcoming that has never concerned Democrats, they go on to say, \u201cIt appears they\u2019re even taking secret foreign money to influence our elections.\u201d<\/p>\n
By engaging in the worst sort of gutter politics, by making wild accusations with absolutely no supporting evidence, Obama not only cheapens himself and the office he occupies, he runs the risk of calling attention to his own fundraising crimes\u2026 for which there is ample evidence.\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n
For example, just days before the 2008 General Election, the Obama campaign announced that their contributor base had increased from 1.5 million to 2.5 million in just five months and that the total amount raised approached $600 million.\u00a0 If we can take their word that 25% of their contributions came from individuals giving $2,000 to $2,300, that base numbered some 65,000 people, while the number of individuals contributing modest amounts\u2026 \u201c$5, $10, $20, or whatever they could afford,\u201d as Obama claimed\u2026 approximated 2.43 million people.\u00a0\u00a0<\/p>\n
While it is true that Obama is the kind of guy who could read Bill Clinton\u2019s golf scores off a teleprompter and make it sound convincing, simple arithmetic should have told him that $450 million cannot be contributed by 2.43 million people in \u201c$5, $10, or $20\u201d amounts.\u00a0 Each of those 2.43 million people would have had to contribute, on average, $185 to create a pool of $450 million\u2026 and that simply does not happen.\u00a0 Anyone who believes that actually happened will believe almost anything.\u00a0 It has never happened before in American politics and it did not<\/em> happen in 2008.<\/p>\n So how did they do it?\u00a0 In a July 25, 2008 column we pointed out that UBS Americas, headed by Robert Wolf\u2026 along with George Soros, one of Obama\u2019s top two money men\u2026 had been accused of highly unethical and illegal banking practices in six months of hearings by the Senate Permanent Subcommittee on Investigations, chaired by Senator Carl Levin (D-MI).\u00a0<\/p>\n According to an article in The Nation<\/em>, UBS Americas\u2026 a subsidiary of UBS, of Zurich, Switzerland\u2026 had advised wealthy Americans, including many of our worst villains, on how to shelter funds from the IRS, from U.S. Customs, and others.\u00a0 To accomplish this, the bank established an elaborate training program which taught bank employees how to avoid surveillance by U.S. Customs and law enforcement, how to falsify visas, how to encrypt communications, and how to secretly move money into and out of the country.<\/p>\n Earlier, in a Statement of Facts in the criminal trial of former UBS executive Bradley Birkenfeld, it was also alleged that UBS took extraordinary steps to help American clients manage their Swiss accounts without alerting federal authorities.\u00a0\u00a0 For example, UBS advised American clients to avoid detection by using Swiss credit cards to withdraw funds, to destroy all existing off-shore banking records, and to misrepresent the receipt of funds from their Swiss accounts as loans<\/em> from the Swiss bank.\u00a0 It was the perfect instrument for funneling illegal campaign money into the coffers of an unscrupulous American politician.\u00a0<\/p>\n Putting two and two together, I suggested that a very wealthy individual, or cartel, wishing to influence the election of the President of the United States, could transfer unlimited sums of money through this device.\u00a0 A U.S. recipient, such as the Obama campaign, could receive tens of thousands of individual contributions via Swiss credit card transfers, with fictitious payees being entered by paid staffers working in a \u201cboiler room\u201d setting\u2026 \u201cborrowing\u201d names, addresses, and occupations from lists of Obama\u2019s $10 and $20 contributors to make them appear legitimate.\u00a0<\/p>\n The owners of the Swiss accounts would receive periodic statements indicating: a) debits of varying amounts, up to $2,300 each, and b) offsetting credits provided by the cartel, or by the wealthy, but unnamed, \u201cinternational financier.\u201d\u00a0 For most of the super wealthy, especially those attempting to hide income and assets from U.S. authorities, an unexplained debit and credit of $2,300, or less, would not even raise an eyebrow.\u00a0 So who would ever know the source of such contributions?\u00a0 No one.\u00a0<\/p>\n Intrigued by that hypothesis, senior writer Kenneth Timmerman of Newsmax<\/em> sent a team of investigators to the Federal Election Commission.\u00a0 What Timmerman found gave considerable weight to my theory.\u00a0 In studying Obama\u2019s FEC filings, Newsmax<\/em> investigators found 66,383 highly suspicious contributions, from 37,265 donors, whose contributions were not rounded to even dollar amounts. For example, Timmerman found that a single donor in Burr Ridge, Illinois, gave a total of $8,724.26.\u00a0 He gave in odd amounts such as $188.67, $1,542.06, $876.09, $388.67, $282.20, $195.66, $118.15, and one of $2,300.\u00a0<\/p>\n A woman who identified herself as a \u201cself-employed caregiver\u201d in Los Angeles, made 36 separate contributions totaling $7,051.12.\u00a0 Thirteen of her contributions were later refunded.\u00a0 However, in an odd coincidence those 13 refunds, in amounts such as $233.88 and $201.44, came to an even $2,300, the maximum amount allowable in any one election.<\/p>\n Another contributor interviewed by Newsmax<\/em>, a retired schoolteacher from Rockledge, Florida, is reported to have given $13,800\u2026 $9,200 over his limit.\u00a0 However, he did not remember giving Obama that much money, nor has anyone from the campaign ever contacted him about a refund.<\/p>\n To say that the Obama people were \u201ccooking the books,\u201d providing fraudulent reports to the Federal Election Commission, is a gross understatement.<\/p>\n And, lest anyone suggest that those 37,265 donors either emptied their piggy banks or their pockets and purses periodically and sent it all to Obama, pennies and all, let me suggest another alternative, a bit more sinister.\u00a0 I would suggest that those 66,383 contributions are the proceeds of foreign currency conversions, smuggled into the country through Swiss credit card transfers, converted to U.S. dollars, and made to look legitimate by supplying the names, addresses, and occupations of some of Obama\u2019s unsuspecting and unknowing $10 and $20 donors.\u00a0<\/p>\n According to the Newsmax findings, more than 2,000 donors gave substantially more than their $4,600 limit ($2,300 in the primaries and $2,300 in the General Election).\u00a0 The law requires that such excess contributions must be returned to the donor within 60 days of the donor going over his\/her limit.\u00a0 However, many of the donors contacted by Newsmax<\/em> said that they had not been contacted by the Obama campaign and that they had not received refunds.\u00a0<\/p>\n Newsmax <\/em>found that Obama\u2019s campaign finance reports contained some 370,500 unique names\u2026 a far cry from the 2.5 million contributor base claimed by the campaign.\u00a0 Of course, when your money is coming in large chunks from offshore contributors, such as hundreds of thousands of dollars at a time from the Middle East and from Third World African countries, then laundered though UBS accounts in Zurich, it takes a bit of creativity to put authentic-sounding names on all of it for the FEC. If I were a $10 or $20 Obama donor, I\u2019d be checking FEC records to see how much had been reported in my name and I\u2019d be demanding a \u201crefund.\u201d<\/p>\n How massive is this crime?\u00a0 Since Obama has steadfastly refused to disclose his complete contributor list, as John McCain has done (Obama continues to hide the identities of some 2 million donors, many of them Muslims who were given cash to give, illegally, to Obama), Newsmax<\/em> estimates that \u201cObama financed his presidential campaign with anywhere from $13 million to a whopping $63 million from overseas credit cards or foreign currency purchases.\u201d<\/p>\n Given the massive voter registration fraud committed by ACORN and other Obama\u2019s supporters, the fraudulent votes cast in early voting by itinerant out-of-state voters, and the massive crime involved in accepting tens of thousands of illegal foreign contributions, it appears more than a bit risky for Obama to now accuse Karl Rove, Ed Gillespie, and the U.S. Chamber of using illegal foreign contributions to influence the 2010 General Election.\u00a0<\/p>\n Of course, if that\u2019s the game Obama and his Democrat friends want to play, then let the games begin.\u00a0 Rove, Gillespie, and the U.S. Chamber should proceed to sue the Democrat National Committee for $50-$75 million each and the Republican National Committee should be calling them in a major side bet.\u00a0<\/p>\n I\u2019ll call your one misdemeanor and raise you one impeachment.<\/p>\n","protected":false},"excerpt":{"rendered":" As the November 2 General Election draws near, Barack Obama and congressional Democrats find themselves staring political repudiation squarely in the eye.\u00a0 Like condemned men watching their gallows being built, they become more and more desperate with each passing day.\u00a0 … Continue reading