Why Obama rejected public financing (Updated)

This has been burning up the blogosphere for the past couple of days.  Turns out Obama has turned off address verification on his donation system.  That, coupled with the all of the illegitimate names that have been found and the foreign donations, I would say he’s stealing the campaign.  It’s been reported that about half of his $600M dollars have been of the less-than-$200-not-required-to-be-reported kind.

You think that, during the primaries, he realized he could get away with this garbage and THAT’S why he decided to forego public financing?

Update:  It looks like Obama’s campaign has been reading the blogs and has fixed the hole.  Also, the RNC has updated their FEC complaint filed earlier in the month.  Follow the first link in this post for the details.

Update II: One reader at National Review Online wonders how much Obama makes on the “float,” since the campaign insists that they go through the offerings AFTER they are made to refund any fraudulent donations.

Update III: Looks like the epidemic is hitting home.  Rick Noriega, who is challenging John Cornyn for his Senate seat in Texas, has a website that also accepts fraudulent donations, while Cornyn’s site does not.

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