"Was Obama rattled by developing donor scandal story?"

In some areas of the internet conservative media, there was a big hue and cry over the Obama campaign's disabling of all security mechanisms on its online credit card giving site. This allowed, at least potentially, for huge amounts of illegal contributions, including overseas contributions, to make their way into the campaigns coffers. A big scandal being something that the press wasn't interested in (racist, no doubt), this concern was largely confined to the right-hand side of the blogosphere. It did briefly break, or sneak, into some corners of the mainstream press a week before the election, when his lead had pretty much become insurmountable. Too late and too tame to harm his campaign, but early enough to allow anyone trying to raise the cry for an investigation to be dismissed with "old story..."

Sen. Barack Obama's presidential campaign is allowing donors to use largely untraceable prepaid credit cards that could potentially be used to evade limits on how much an individual is legally allowed to give or to mask a contributor's identity, campaign officials confirmed.

Faced with a huge influx of donations over the Internet, the campaign has also chosen not to use basic security measures to prevent potentially illegal or anonymous contributions from flowing into its accounts, aides acknowledged. Instead, the campaign is scrutinizing its books for improper donations after the money has been deposited.

Having gotten away with it in 2008, is there any reason to expect them to have behaved any better in 2012?

No. There is not.

President Obama's reelection campaign, rattled by his Wednesday night debate performance, could be in for even worse news. According to knowledgeable sources, a national magazine and a national web site are preparing a blockbuster donor scandal story.

Sources told Secrets that the Obama campaign has been trying to block the story. But a key source said it plans to publish the story Friday or, more likely, Monday.

According to the sources, a taxpayer watchdog group conducted a nine-month investigation into presidential and congressional fundraising and has uncovered thousands of cases of credit card solicitations and donations to Obama and Capitol Hill, allegedly from unsecure accounts, and many from overseas. That might be [LB:  Might be?  Try clearly is.]  a violation of federal election laws.

The Obama campaign has received hundreds of millions in small dollar donations, many via credit card donations through their website.

Have they done anything wrong? I'm quite certain of it.

Will there be any repercussions? I'm skeptical.

But it's something to keep an eye on...