Tuesday, December 16, 2008

Raghuveer Nayak Update

On Sunday I noted that Barack Obama had received $10,000 in campaign contributions for his 2004 US senate primary run from Mr. Raghuveer Nayak, an Illinois businessman now caught up in the federal investigation of Illinois Gov. Rod R. Blagojevich. [For additional information on the Obama-Nayak connection and Mr. Nayak's ties to Illinois Gov. Rod Blagojevich, click here.] I then went on to say that Mr. Nayak's $10,000 campaign contribution had exceeded the maximum amount permitted by law. However, after re-examining the matter, I now acknowledge that I was mistaken.

Under the “millionaire’s amendment” - which was written into the Bipartisan Campaign Reform Act of 2002 - Barack Obama was permitted to accept up to $12,000 in campaign donations [per donor] since his opponent, Blair Hull, a wealthy investor, had poured $28 million of his own money into the campaign.The “millionaire’s amendment” was overturned by the Supreme Court earlier this year, however, in 2004 it still had not been overturned.

Now, it is well known that in this year's presidential race, Barack Obama received campaign contributions that were well over the legal limit. It is also well known that some of Obama's donations came from abroad and that his website had intentionally disabled all the basic credit-card-processing security checks, thereby enabling multiple contributions from donors with fake names.

The blogosphere has already written about Obama's deceptive and slimy fund-raising techniques ad nauseum. No need to elaborate on that right now. However, as far as Mr. Nayak's $10,000 in campaign contributions are concerned, the president-elect is in the clear. I stand corrected and my earlier post is now officially deleted.

5 comments:

mmjiaxin said...

abercrombie and fitch
juicy couture tracksuit
longchamp handbags
ray ban sunglasses
air max 90
michael kors outlet
michael kors handbags
links of london jewellery
christian louboutin shoes
michael kors outlet
rolex watches outlet
hermes belt for sale
ray ban outlet
babyliss flat iron
ugg clearance
tiffany jewellery
calvin klein outlet
cheap ray ban sunglasses
abercrombie and fitch
true religion outlet uk
mm0105

Yuanyuan Lin said...

4.21LLLLLYUANmarc jacobs
ferragamo outlet
tods shoes
tods outlet
kobe 9
abercrombie and fitch
abercrombie and fitch
abercrombie and fitch
instyler ionic styler
mac cosmetics
new balance shoes
converse shoes
lacoste pas cher
valentino outlet
giuseppe zanotti outlet
salomon shoes
celine outlet
ed hardy clothing
fred perry polo shirts
nike foamposite

Xiaozhengm 520 said...

nike factory outlet
louis vuitton outlet
michael kors outlet
true religion
louis vuitton outlet
louis vuitton
polo ralph lauren
cheap jordan shoes
hollister kids
christian louboutin outlet
louis vuitton bags
jordan retro
toms shoes
michael kors
ray ban sunglasses
hollister clothing store
jordan 8s
louis vuitton outlet
pandora jewelry
beats headphones
replica watches for sale
nike free run 2
burberry outlet online
coach outlet store online clearances
air jordan 13
jordan 3 infrared
louis vuitton bags
air max 90
michael kors handbags
jordan 6
ghd hair straighteners
christian louboutin outlet
designer handbags
michael kors outlet online
kate spade
michael kors outlet online
kobe 9
fitflop sandals
louis vuitton outlet
michael kors handbags
2016.5.31haungqin

Gege Dai said...

nike roshe run
celine outlet online
versace sunglasses
true religion canada
ugg outlet
nike trainers uk
burberry sunglasses
uggs clearance
hollister
nike outlet store
michael kors outlet clearance
michael kors outlet
swarovski outlet
cheap oakley sunglasses
adidas outlet store
tory burch outlet
air jordan shoes for sale
tory burch shoes
adidas shoes
hollister canada
ferragamo shoes
michael kors handbags
rolex watches
hollister shirts
longchamp
michael kors outlet
michael kors outlet
jordan 11
mlb jerseys
rolex watches,rolex watches,swiss watches,watches for men,watches for women,omega watches,replica watches,rolex watches for sale,rolex replica,rolex watch,cartier watches,rolex submariner,fake rolex,rolex replica watches,replica rolex
nike air force 1
moncler jackets
adidas nmd
uggs outlet
louis vuitton sunglasses for women
hermes belt for sale
0815jianxiang

adidas nmd said...

nike huarache
hugo boss
lions jerseys
michael kors handbags wholesale
oakley sunglasses
pittsburgh steelers jersey
ugg boots
ray ban sunglasses
coach handbags
ray ban sunglasses outlet