Say it isn't so, Joe!

After reading the posted article, I became concerned about the sources of

the Candidates campaign contributions.

Are these serious allegations of foreign donations true, or is this yellow

journalism that ought to be discredited?

As a collateral matter, should Congress abolish Political Action

Committees?

Secret, Foreign Money Floods Into Obama Campaign
Monday, September 29, 2008 9:23 PM

Newsmax.com

"More than half of the whopping $426.9 million Barack Obama has raised has come from small donors whose names the Obama campaign won't disclose.

And questions have arisen about millions more in foreign donations the Obama campaign has received that apparently have not been vetted as legitimate...

The FEC breakdown of the Obama campaign has identified a staggering $222.7 million as coming from contributions of $200 or less. Only $39.6 million of that amount comes from donors the Obama campaign has identified.


It is the largest pool of unidentified money that has ever flooded into the U.S. election system, before or after the McCain-Feingold campaign finance reforms of 2002.


Biersack would not comment on whether the FEC was investigating the huge amount of cash that has come into Obama’s coffers with no public reporting."

Say it isn't so, Joe!