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Does anyone know what the reporting requirement for very small donors are?

For example, suppose I donate a tiny amount, say $10, to a campaign, and I do it online, type in my name, address, email, credit card information.

What are the reporting requirements for that data?

I assume that if I donate, say, $1000, it gets reported somewhere, though I'm no expert on campaign finance arcana.

But what about if I donate $10?

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gqmartinez's picture
Submitted by gqmartinez on

If someone claims to have 600,000 of such donors will anyone ever verify them?

Submitted by [Please enter a... (not verified) on

As a money laundering opportunity. I can't remember where. But no one stepped up with an answer.

Since some campaigns get their "small contributions" by selling buttons and do-dads at rallies. So how do you prove that all the money you're depositing came from the rally?

Submitted by lambert on

But as somebody asked... OK, massive operation with small donors. Where have the votes been since February? And there's no answer.

[x] Any (D) in the general. [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

myiq2xu's picture
Submitted by myiq2xu on

It occurred to me that to launder money you need to avoid setting off alarms and a legit reason.

Lots of small donations to a candidate under fake names over the internet would work perfect if no one was checking.

My best ML scheme actually got used by some mobsters. Open an art gallery and sell fake works of art to anonymous buyers then report the sales, pay taxes an voila! $100k paintings, etc.

They got caught cuz they kept reselling the same art over and over and some art critic types noticed.

I suspected if someone did that the fake artist would become famous, because people would figure if it was expensive and other people were buying it it "must" be good.

------------------------------------------------
“I don't belong to any organized political party. I'm a Democrat.” - Will Rogers

Submitted by lambert on

No doubt everything goes into the database. But is the database regulated in any way? Are the addresses checked, for example?

It would not be hard at all to write software that just... filled out the form automagically. Credit Card numbers might be a problem, but you could map fakes ones to a real account, as long as the fake ones were detectable. I just don't think this would be hard.

Do we have a functional FEC right now?

[x] Any (D) in the general. [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

corinne's picture
Submitted by corinne on

According to FEC (emphasis mine)

If you contribute more than $200 to a committee, the committee is required to use its best efforts to collect and publicly disclose on a financial report your name, address, occupation and employer, as well as the date and amount of your contribution. Committees sometimes request this information even for smaller contributions, since the $200 reporting threshold applies to your total contributions to one committee during a calendar year. For example, you may make several small contributions to a committee during a year. Once these contributions add up to over $200, the committee must report the contributor information.

Hope that helps. $10 doesn't get reported until you hit the aggregate $200 mark.

Iphie's picture
Submitted by Iphie on

I've never made a single contribution greater than $200, but my totals have been, yet I've never found myself on any of the websites that have lists of donors. I thought perhaps it might take time to show up, which would explain why I can't find my contributions to Hillary and John Edwards, but I gave more than $200 to Howard Dean in 2003, and I've never been able to find any record of it.

orionATL's picture
Submitted by orionATL on

and while you are at it,

be sure to read all of evelyn pringle's series called "curtains for obama" (start at "rezko watch", but you got to go further than there).

pringle's series is kind of a tease;

there is NO smoking money bag there with obama's name on it.

but

pringle documents in a fascinating way the particulars of the fact that that obama lived and worked politically FOR YEARS in a very corrupt political environment

with very corrupt people,

where moving money secretly was an art form.

and, i would add, as did david axelrod.

chicago politics -

it's the new politics.

the politics of transformation.

captainjohnbrown's picture
Submitted by captainjohnbrown on

that Hillary Clinton's partner at the Rose Law firm went to prison for defrauding his clients. She definitely has no business holding public office.

WTF is wrong with you people. You're like Republicans hopped up on goofballs.

Cap'n John Brown

gqmartinez's picture
Submitted by gqmartinez on

Or are you just one of those historically ignorant Obama supporters. You know, the ones who think that running a campaign based on uniting not dividing is the newest thing ever.

myiq2xu's picture
Submitted by myiq2xu on

after the last time we opened a big can of rhetorical asswhupp on him.

Maybe his hurt feelings finally healed.

------------------------------------------------
“I don't belong to any organized political party. I'm a Democrat.” - Will Rogers

corinne's picture
Submitted by corinne on

Do Obama "bloggers" get paid a flat fee or do you bill hourly or by the posting?

myiq2xu's picture
Submitted by myiq2xu on

Lobbyists and politicians, and the politicians always seemed to win.

I hear Obama is a lucky poker player too.

------------------------------------------------
“I don't belong to any organized political party. I'm a Democrat.” - Will Rogers

cal1942's picture
Submitted by cal1942 on

lambert is absolutely correct. Programming a massive online scam is all too easy. In fact, actually generating the contributions online wouldn't be necessary. Updating your own database would be the sole need.

If reports are made monthly then they must be made in a batch operation. I wonder if the FEC's database records credit card numbers. It would certainly take a hell of a lot of run time to verify person and address with credit card numbers.

Interesting.

Submitted by lambert on

then everything would look completely normal to the IT people -- server logs, hits, everything. All that would have to happen with the database is that it would be programmed to pick out spoofed credit card numbers and connect to a real account.

I think the plausible deniability would be greater that way.

In a way, it's rather like Philly street money, isn't it?

[x] Any (D) in the general. [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

trishb's picture
Submitted by trishb on

Damn, I probably show up under different employers unintentionally - when I entered my employer the first time I donated, it was something like - Megacorp, IT Solutions and Services. Next time it may have been just Megacorp as my employer.

wasabi's picture
Submitted by wasabi on

I've checked the database and I'm not on it either. No entries of less than $200 are on it. Many times individuals have numerous donations, but none of less than $200.