The Obama campaign raised a vast haul of money from individuals who must not be reported or disclosed in FEC reports. Naturally this means that the usual speech regulators and campaign finance crusaders have fallen silent. What is interesting about this haul is that since so much of the money not subject to FEC reporting comes in through the internet, it raises questions about who is actually making the contributions, and whether they are legitimate contributors.
In 2008, the Obama campaign failed to implement safeguards against illegal contributions by foreigners. Whether or not those failures have been remedied remains to be seen. I’m sure the usual speech regulators and campaign finance crusaders in academia will be all over the issue shortly.