In which talkstraight makes a false assumption about the President’s overseas fundraising:
At the 3:29 mark: “Globally we raised more than 86-million dollars — more than $47 million for Obama for America and more than $38 million for the DNC.” If Team Obama is indeed raising money “globally” as he claims, then they would be in violation of FEC contribution law.
If we read the the Federal Election Commission website, which he links us to, we can see where the false assumption arises:
Can non-US citizens contribute?
Foreign nationals are prohibited from making any contributions or expenditures in connection with any election in the U.S. Please note, however, that “green card” holders (i.e., individuals lawfully admitted for permanent residence in the U.S.) are not considered foreign nationals and, as a result, may contribute.
The assumption is made that foreign nationals are contributing to the campaign, because money was raised over seas, but this isn’t necessarily the case, as we can see from Romney’s recent London fundraiser, which was $2500 per plate for U.S. citizens abroad, or green card holders. And if we look at Presidential campaign fundraising history, we can see that past candidates have done this as well. Until we get a chance to examine the President’s fundraising reports, we won’t know who contributed, and until then a false assumption is being made about who contributed to the campaign, because they raised money from overseas, even though there are many U.S. citizens living overseas.