If he is telling the truth, the amount will jump to $100,000.

"My motivation for making this public is my desire for a presidential candidate to be honest," Sinclair tells right-wing publication WorldNetDaily. "I didn't want the sex thing to come out. But I think it is important for the candidate to be honest about his drug use as late as 1999."

In November of 1999, Sinclair charges, he snorted cocaine, while Senator Obama smoked crack, in the back of Sinclair's limousine. Sinclair then says he performed oral sex on the Senator in a hotel room in Chicago, and later in nearby Gurnee.

After attempting to make contacts within mainstream media, Sinclair instead took his story to YouTube last month. The video, embedded below, has been viewed nearly 350,000 times.

Sinclair has since filed a federal lawsuit against Senator Obama, campaign consultant David Axelrod and the Democratic National Committee. In the pages available below to read, he claims slander, Internet harassment, including physical threats, and attempts to suppress his speech in violation of his First Amendment rights.