Hopefully, this at least puts an end to public financing

That's about the only bright spot of the Obama credit card fraud story:

If you are keeping score at home, that's five different kinds of illegality that can come from reduced security on the web:

(1) Donations by foreign nationals

(2) Donations in excess of legal limits

(3) Identity theft/credit card fraud, resulting in donations of stolen funds

(4) Donations by domestic individuals not entitled to give money

(5) Donations by individuals whose identity may be embarrassing to the campaign

Moreover, it appears that - as has traditionally been true of voter fraud - it will be exceptionally difficult to follow the trail to apprehend the real donors, precisely because of the use of false or stolen identities. In fact, it may take some time to even get a handle on the scope of the problem.