Monday, October 27, 2008

What $600 Million Won't Buy

Evidently it won't buy a state-of-the-art credit card processing system.

(Via Instapundit)
Barack Obama has proved the greatest fund-raiser of all time by a long shot. His campaign has raised more than $600 million - $150 million in September alone. But the campaign has also failed to adopt standard protections against fraudulent giving.
- NY Post

I'm in IT. I'm pretty sure any self-respecting credit card processing system vendor would try to sell the Obama campaign "standard protections against fraudulent giving". I'm sure they would have done their homework and known what the federal elections regulations were--and since it likely would have meant MORE money for them, they would have tried to sell Obama on it. They evidently failed.

You would have to specifically turn down that kind of protection to NOT have the basic guards against credit card fraud.

And this is the person who wants to implement tougher regulations on everyone else.

Physician, heal thyself.

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