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February 12, 2008 Are Foreigners Financing our Presidential Campaigns?
Ed Lasky points us to this shocking article in the New York Sun that shows the utter futility in trying to enforce current campaign finance laws.
A very large number of people - numbering in the hundreds of thousands - have contributed to both Democratic and Republican campaigns online. As long as the amount donated is $200 or less, it doesn't have to be itemized. This means the donation can come from anyone, anywhere. According to an analysis being released today by a Washington think tank, the Campaign Finance Institute, Senator Obama of Illinois led the pack with such small and secret donations, pulling in about $31 million during 2007.Some candidates actually make it easy for foreigners to donate: However, one area of concern with the flood of donations, particularly those made online, is that foreigners could be weighing in illegally in an American election. Mr. Obama's Web site allows donors to choose an address in one of 227 possible countries or territories, including Iran, Iraq, Zimbabwe, and Yemen.Evidently Hillary Clinton has the most cautious approach, informing those on her website if they live abroad and wish to donate that only mailed contributions will be accepted. Given Obama's huge appeal overseas, legitimate questions can be raised as to whether all of that $31 million he raised in January came from American citizens. But since current law doesn't require any record keeping for the vast majority of his individual donations, I guess we'll never know. |
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