Thread: Donor credit card fraud problem
#1 Donor credit card fraud problem10-22-2008, 07:19 PMObama’s donor credit card fraud problem
By Michelle Malkin • October 22, 2008 10:19 AM
More than a week ago, a north Kansas City couple blew the whistle on credit card fraud benefiting the Obama campaign.
Investigative journalist Ken Timmerman has uncovered more:
What do Bart Simpson, Family Guy, Daffy Duck, King Kong, O.J. Simpson, and Raela Odinga have in common?
All are celebrities; and with the exception of Odinga and O.J. Simpson, they also are fictional characters. And yet, all of them gave money earlier this month to the campaign of Barack Obama, without any apparent effort by the campaign to screen them out as suspect donors.
In actual dollars, President Obama’s $4.4 trillion in deficit spending in just three years is 37 percent higher than the previous record of $3.2 trillion (held by President George W. Bush) in deficit spending for an entire presidency. It’s no small feat to demolish an 8-year record in just 3 years.
Under Obama’s own projections, interest payments on the debt are on course to triple from 2010 (his first budgetary year) to 2018, climbing from $196 billion to $685 billion annually.
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