Fishy! Obama-DNC raises $181 million in September yet only 2 percent reportable
These fund raising numbers that show Obama and the corrupt Democrats raised $181 million in the month of September is a very interesting lead in to the so called ‘bombshell’ story that Newsweek/Daily Beast is supposed to break next week about Obama/Democrat donor scandal. Of the $181 million raised, just 2% were reportable. Odd coincidence isn’t it? A little more than 1.8 million donors were reported. Oddly, 500,000 were new donors, who didn’t give a dime in 2008 or up until last month. Of the 98% under reporting threshold (of $250), the average ‘small’ contribution came to about an average of $53 per person. Again, rather odd and fishy.
The average of $53 from small donors is particularly noteworthy. Contributions under $200 don’t have to be disclosed, but the campaign still has to keep track of the donor’s name, in case subsequent donations push their contribution over the reporting threshold.
For contributions under $50, however, the campaign doesn’t even have to keep track of the donor’s name. It is effectively considered a “petty cash” donation. A person could theoretically make 10 $49 donations and never be reported, even though their total contributions are above the FEC’s reporting threshold.
With an average donation of $53 from small donors, Obama has A LOT of donors who will never be disclosed and whose names aren’t even known to the campaign. Tens of millions of dollars worth.