Friday, October 24, 2008

RNC: Obama 'Outside Law' on Donors

LET THE GAMES BEGIN..............

The Republican National Committee on Thursday supplemented its Oct. 6 complaint to the Federal Election Committee and — citing new revelations by Newsmax and other news organizations — called on the FEC to “immediately conduct a full audit” of the Obama campaign accounts.

The RNC complaint asserts that the Obama campaign had demonstrated a “lack of compliance with the law” because of its acceptance of prohibited donations from foreign nationals, excessive contributions from individuals, and donations from unknown sources.

At the same time, RNC officials said they recognize that the FEC has “no authority” to freeze campaign accounts or to take other actions that would actually prevent the Obama campaign from spending money illegally obtained from foreign nationals to influence the U.S. presidential election.

“The system isn’t designed for actors who are going to ignore the law,” RNC chief legal counsel Sean Cairncross told Newsmax.

A Newsmax analysis of the Obama campaign’s campaign finance disclosures found 60,000 donations in unrounded amounts that fundraising experts said clearly suggested were “foreign currency transactions” translated into U.S. dollars.

The Obama campaign claims that many of these donations were purchases of T-shirts from the Obama store. However, when asked by Newsmax to provide an accounting for receipts and expenditures of the Obama store, Obama spokesman Ben LaBolt could only name a single supplier who sold merchandise worth less than $500,000, according to campaign records.

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