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Hsu and the $40 million Ponzi Scheme

It's an overused line, but the other Hsu really dropped tonight. It seems Hsu was running yet another Ponzi scheme but this time he went for the whole enchilada.

'60s Figure Says He Financed Donor Hsu

Where did Norman Hsu get his money?

That has been one of the big questions hanging over the prominent Democratic fund-raiser, as reports have surfaced about hundreds of thousands of dollars he made in political donations, plus lavish parties, fancy apartments and a $2 million bond he posted to get out of jail earlier this month.

New documents reviewed by The Wall Street Journal may help point to an answer: A company controlled by Mr. Hsu recently received $40 million from a Madison Avenue investment fund run by Joel Rosenman, who was one of the creators of the Woodstock rock festival in 1969. That money, Mr. Rosenman told investors this week, is missing.

Mr. Hsu told Mr. Rosenman the money would be used to manufacture apparel in China for Gucci, Prada and other private labels, yielding a 40% profit on each deal, according to a business plan obtained by the Journal. Now the investment fund, Source Financing Investors, says Mr. Hsu's company owes it the $40 million, which represents 37 separate deals with Mr. Hsu's company. When Source Financing recently attempted to cash checks from the company, Components Ltd., the investors say they were told the account held insufficient funds.

It's the latex glove scam only with a Gucci logo on it.

Well we now know how the Paw's and other people of modest incomes managed to give so much to Democrats. I said in my last post that I did not understand what was taking the FBI so long to untangle this mess. Now it is all clear. They have a few hundred suspects.

Every person who gave "bundled" donations to Hillary and other Democrat may have committed several felonies. Not the least of which is money laundering, campaign financing violations, wire fraud, RICO violations, tax evasion, the list goes on and on. That's not to say they are all dirty but geeze the FBI has some work ahead.

I also said in my last post the "scandal meter" was still on low... It just climbed tonight, $40 mill ain't chump change. Now, I doubt Hillary knew Hsu's background, but still, the political stink is growing and there are a few people on her staff the FBI is going to want to talk to. -- And the other candidates aren't going to wait for the whole thing to be sorted out before the mud flies. Look for John Edwards to something about this within hours. (Unless he got money too, I forget)

We now know why Hillary was so eager to give back the $850,000 a few days ago. She surely knew this was going to break.

We also know why he skipped on a $2 million bond and tried to OD on the train. He had bigger things on the brain than a 15 year old conviction.

Yet I still have dozens of unanswered questions on this deal..

Like the look on Rosenman's face when he read in the paper about the latex glove scam and realized he had fallen for the same thing to the tune of $40 million.

Hsu gave $1.8 million to the Dems, he gave $2 million to California to get out of jail. He probably spend $5 million being a jet setter. So where is the other $30 million or so that's missing?

Hsu scammed Rosenman out of such a large sum because they worked some smaller deals and made money. Where did that money come from? In my last post, we learned he had all sorts of investors, Hsu's MO would have been to take their money and give it to Rosenman. So that's probably explained but still, we need to know.

Bringing Rosenman into the picture raises some other issues though... Rosenman is a long time Hillary pal. By the looks of it, Hsu never cared about politics until he started doing business with Rosenman. Hsu never even voted. -- Did Rosenman push Hsu to donate to Hill and various Dems? While he is the "victim" I'm sure the Feds are keeping their eyes open on this front as well.

Questions, questions, questions...

I'll close like like I did last post, say what you will about the MSM, they are booming on this story. Every day is another bombshell.

H/T Tanks Game


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Comments (58)

My, my, my, the dimmers wer... (Below threshold)
WildWillie:

My, my, my, the dimmers were going to "clean up the corruption" and their biggest political stars are worse then ever. I am loving this. I knew Hillary is the best gift to republicans ever. ww

The time frame when Hillary... (Below threshold)
jpm100:

The time frame when Hillary needed the money has passed. Its just Hillary and Obama with Edwards as a very distant third. On that fact alone Hillary can now get plenty of money legitimately.

Early on the campaign trail that was not the case and ill-gotten campaign money may have helped Hillary be one of those front 3 or arguably front 2.

Anyway, Hillary can just give back any identified ill-gotten money because
1) Hillary can now afford to give it back eventhough I'm sure she rather not.
2) the MSM will say thats sufficient to clear her

Hillary may be able to get ... (Below threshold)
hermie:

Hillary may be able to get money 'legitimately', but the Clintons are just too greedy and money hungry to let a little thing like obeying the law get in their way to accumulate more big bucks.

They just have to do it in a way that won't be as visible. Besides, by the time Nov 2008 comes around, the MSM will dismiss it as 'old news'.

notice how she only gives t... (Below threshold)
Dave W:

notice how she only gives the illegal money back AFTER she gets caught. I hope the paw family gets all the money they contributed back! I mean they DID contribute that huge sum of money right???

Sort of makes Jack Abramoff... (Below threshold)

Sort of makes Jack Abramoff look like small beans. I doubt the media will jump all over this one thought.

...say what you will abo... (Below threshold)

...say what you will about the MSM, they are booming on this story.

Actually, it's only the Wall Street Journal. Just about every other MSM outlet (save, to a degree, the LA Times) is seriously lowballing, if not outright ignoring, this story and its political implications.

Now, if Hsu had been forking the funny money over to Republicans....

This story is starting to s... (Below threshold)
Mikey:

This story is starting to sound a lot like the Teamsters scandal in the mid-late 90's.
Money was shifted from the union to a company then to another consultant which turned around and transfered the funds back to a campaign.
This has the filthy fingerprints of the Clintons all over it.

Velly intelesting, ah so, M... (Below threshold)
Guest:

Velly intelesting, ah so, Meester Rosenshield -- a cut-out?

Hopefully, the FBI, DHS, ICE and all the rest of 'em will put enough resources on Rosenman, his company, his investors and check beyond the apparent domestic source. Hm, and there may be many more Rosenshields and Hsus, with common denominators like Sioeng San Wong - PRC - "Friends of Norman Hsu."

Confucius says:
Many led helling in pond
Koi can swim beyond
and cross the Dragon Gate

http://tattoos.lovetoknow.com/Koi_Fish_Tattoos
http://fengshui.dragon-gate.com/Fishes.asp

Wouldn't it be fun to see the victorious FBI investigator get one of those sexy dragon tattoos!

"Norman never cared abou... (Below threshold)
914:

"Norman never cared about politic's until He started doing business with Rosenman, He never even voted" ?
Could He ? after all, He is a felon and a chinese national. ahh what the hey, it would be a vote for shillary so it's ok.

Norman! We have guest's...yes mother.

I was wondering why Federal... (Below threshold)
Guest:

I was wondering why Federal charges were to be dropped once Hsu was transported from CO back to CA for his CA matter. Is that usual or could it be he's turning state's evidence in exchange? Especially if the "suicide" was an attempt on his life.

"Sort of makes Jack Abramof... (Below threshold)
jp2:

"Sort of makes Jack Abramoff look like small beans."

Truly frightening. Wizbang sure attracts some winners.

I don't know the answer, G,... (Below threshold)
kim:

I don't know the answer, G, but I do have another explanation for the Monroe scene on the train. Before he fled I thought the best course for the Clintonista was for him to stay and lie. I was surprised by his flight, but now he's found and completely neutralized. Whatever he says can be sloughed off as the ravings of a madman.

When aroused, he asked if he was in jail. He didn't know what hit him. That argues against suicide. Granted, he was toxic and confused.
==========================================

To be plain, though I doubt... (Below threshold)
kim:

To be plain, though I doubt you need the explanation, this is a better outcome for the Clintonista than if he were to flee, be found dead, or try to lie.

Criminals learn from their mistakes, just as do the honest. Only the foolish or mad repeat mistakes.
=================================

Ummm, why does it seem peop... (Below threshold)
cstmbuild:

Ummm, why does it seem people think Mr. Rosenman is an innocent dupe? If Mr. Hsu wasn't interested in politics until teaming up with Rosenman, then I would think, the finger should be aimed at Rosenman. Where was Mr. Rosenman the last month or so? All the sudden Hsu survives a "suicide attempt" and Mr. Rosenman comes forward with his concerns.

jp2: How much money did Abramhoff scam? (I honestly don't know and he used it for personal gain, not to influence/buy national elections) Plus, Abramhoff was convicted and removed from office, unlike all these demos who have been caught with there hand in the cookie jar or freezer William Jefferson (Clinton).
Hsu scammed $40 million and it seems he gave the majority to the Democrats. Sounds like a major scandal to me, plus this is all we know about so far.

I'll close like like I d... (Below threshold)

I'll close like like I did last post, say what you will about the MSM, they are booming on this story.

Well, not all of them. You'd think the major paper of the NY State Capital would want to be in on this since it impacts (at least) one of it's senators, one of it's local Reps, it's governor, it's AG, it's State Democratic party.

But if you thought that you'd be wrong. They broke their silence that began when "Hillraiser" Hsu was recaptured when they mentioned Hillary giving back the 850 large. But in the story they failed to mention the scandal surrounding Hsu, just said 'oh, hillary found out there may be problems with certain donations, so they're giving it all back, isn't she great for doing that? She's so great.'. That was on page 5.

Today is day 5 of the Albany Times Union coverup of the Democrat/Hsu scandal. Heck, even the NYT, who owns them, is giving this some play. Not, of course, that anyone is interested in this story at all, so there's no reason for them to cover it. Yeah, right. My local media website's hits yesterday were 7 times higher than normal. This is news.

I just keep asking myself .... (Below threshold)
Neo:

I just keep asking myself .. what was it about the Clintons that America was so weary about that Al Gore didn't even want them to campaign for him back in 2000 ?

Now I remember .. it was everything.

Anything that verifies that... (Below threshold)
Scrapiron:

Anything that verifies that the Clintons are life long criminals is old news. Nothing new and nothing to see. Time to give Shrillary another reward and move on.org.

Ole Rosenman and Hsu had be... (Below threshold)
stan25:

Ole Rosenman and Hsu had better keep a low profile. I don't think that they want to end up dead like Vince Foster, Ron Brown and few others that have double-crossed the Clintons. This little ditty makes that story of the Clintons killing those two kids in Mena Arkansas a bit more creditable.

We all know that the Clintons have a dirty trail behind them and would really like to keep it covered up. At least with the Mafia, you knew who you were dealing with up front.

On the media... (to several... (Below threshold)
Paul:

On the media... (to several of you)

The NYT and the LAT both have investigative reporters on this and both have produced big bombshell. Plus the WSJ.

Don't convict them of past wrongdoings on this one...

But this gets me interested:

>Today is day 5 of the Albany Times Union coverup of the Democrat/Hsu scandal.


Falze keep me posed. On day 7 I make a post calling them out. That's inexcusable considering they are the state capital and all.

Anyone seen the trolls here... (Below threshold)
brainy435:

Anyone seen the trolls here yet?

Hmmmmm.

Is it time to demand that t... (Below threshold)
Scrapiron:

Is it time to demand that the traitors (aka democrats) return every dime they have taken from Moveon.Org and the Socialist/Communist/Marxist Soros, one and the same?

"Anyone seen the trolls her... (Below threshold)
yo:

"Anyone seen the trolls here yet?"

I did find a bunch of crickets.

An interesting article in the Times, today:

- "The campaign will try to get most of the donors to give the money back right after the refunds, said a senior Democratic strategist who advises Mrs. Clinton's campaign. "That's the plan," the strategist said. -

Nice.

And, what's even nicer is how Obama and Edwards are getting sucked in, as well:

- Mr. Obama has taken only a measured approach when dealing with donations raised by Antoin Rezko, a Chicago developer facing federal corruption charges. While Mr. Obama has given to charity contributions from people connected to the criminal case involving Mr. Rezko, he has kept thousands of dollars more that Mr. Rezko raised from others. -

And, Obama's folks follow up with the "it's not about the money, it's about the message, stupid":

- "Ultimately we assume that voters will choose based on the record and the vision that candidates have in reforming the role of money in politics." -

Edwards?

- Mr. Edwards, a former North Carolina senator, is saddled with Geoffrey Fieger, a lawyer who was indicted last month on charges of using straw donors to funnel illegally more than $125,000 to Mr. Edwards's 2004 presidential campaign. -

So, that's 3 Dems currently embroiled in dirty money and trying to spin out of it (2 of which, I might add, are part of the most ethical Congress in history ... lol).

Sure, there's Abramoff, but that's not only old news, no current GOP candidate is connected.

The number of GOP candidates caught up in dirty money: 0.5 (McCain/Feingold could take a toll on John).

Indeed, where are the trolls, now?


link:

http://www.nytimes.com/2007/09/12/us/politics/12clinton.html?ex=1347336000&en=0886048fab5b1005&ei=5124&partner=permalink&exprod=permalink

Stan25,Is the Mena... (Below threshold)
BrandonInBatonRouge:

Stan25,

Is the Mena, Arkansas, story you refer to related to the bit about the drug-smugglers using a nearby air-field to offload their product?


That's connected to the Barry Seale case, IIRC, which is a part of local lore around here.

(Seale was a drug-smuggler and DEA informant who was eventually killed in a professional hit in front of a local halfway house, where he'd been remanded by a judge.

The halfway house in question is the local Salvation Army, which has been a source of gallows humor around here ever since.)

Sorry Jay, doesn't look lik... (Below threshold)
mantis:

Sorry Jay, doesn't look like you're getting your "Red China funds Democrats" story.

Is the Mena, Arkan... (Below threshold)
stan25 Author Profile Page:
Is the Mena, Arkansas, story you refer to related to the bit about the drug-smugglers using a nearby air-field to offload their product?

Yes it is.

Can do, Paul. What bugs me... (Below threshold)

Can do, Paul. What bugs me the most isn't even the Hillary angle, we all know the media will protect her to the death. What bugs me is their silence regarding Gillibrand (who has also been tied to lying about fundraising in other countries, who has her campaign office in DC instead of NY, and who has raked in half her contributions from San Francisco), and even more troubling is the money given to Eliot Spitzer and Andrew Cuomo - the only mention of them was early on and it understated the money they got from Hsu by about a factor of 4 or 5.

Well Falze and paul, if you... (Below threshold)
Veeshir:

Well Falze and paul, if you're waiting for the Albany Times Useless to actually cover a story about Dems doing bad things, don't hold your breath.
Have they covered any of the Spitzer/Bruno/State Trooper story?
I don't know, but I would put a dollar on "No".
Especially since they were the paper used to put out the initial, BS story about Bruno before people started finding out it wasn't about Bruno, but about some in the gov's office using State Troopers to spy on Bruno.
When they didn't find anything juicy enough about Bruno, the Times Useless was more than happy to put out some horribly slanted, factually challenged stories that they were fed.

They've covered 'troopergat... (Below threshold)

They've covered 'troopergate' (ugh, I hate the use of -gate for everything, especially since 'troopergate' already has been used) a fair bit, but they certainly have made no effort to dig deeper. I covered that on my blog a bit - they got Fred LeDuckhunter to write a few ramblings deflecting attention away from our increasingly corrupt Governor and focusing on Bruno instead of the people that actually did something wrong. Boy, if Spitzer thought that having been Attorney General meant he knew how to get away with stuff, he was way wrong.

"If the Hsu fits, you must ... (Below threshold)
Mitchell:

"If the Hsu fits, you must convict!"

Nothing changes with the Clintons--you'd think they'd change a little as they age, just for the sake of change, if not maturity in their old age.

If they were normal, I guess they would.

I heard Hilary returned Hsu... (Below threshold)
Robert:

I heard Hilary returned Hsu's cash.

Still waiting for W to return Enron's.

3774 American soldiers have... (Below threshold)
DP:

3774 American soldiers have died in Iraq, and this is the story you consider to be a "bombshell."

(Those of you looking for "trolls," which I can only assume means anyone who doesn't agree with you, here I am. Flame away!)

Hey, we got two trolls post... (Below threshold)
Mitchell:

Hey, we got two trolls posting just now. Typical change the subject stuff on Enron/war dead. C'mon, guys, don't you have anything more clever or relevant?

"3774 American soldiers hav... (Below threshold)
yo:

"3774 American soldiers have died in Iraq, and this is the story you consider to be a "bombshell."

Please. Here's an idea: ..|.,


Oh, and ...

"Still waiting for W to return Enron's."

Still waiting for Bill Clinton to return the check from the Chinese gov't.

You heard Hill returned the check, but you left out the fact that she's asking for it back.

Stupid enlightened liberals.

Yo,Are you against c... (Below threshold)
Robert:

Yo,
Are you against candidates receiving illegally gotten money or aren't you?
If yes, lump W and his gang in with the Clintons.
If not, then STFU!

Take a stand you coward!

Coward? Dude ...Y... (Below threshold)
yo:

Coward? Dude ...

Your term of "illegally gotten money" is rather broad. Let's narrow it, shall we?

Money contributed to campaigns NOT in accordance to the law ... yes, I'm against that.

Money gotten illegally THEN contributed to campaigns is bad, too. Kinda' like your logic.

Again, stupid, enlightened liberals

So you're not against thing... (Below threshold)
Robert:

So you're not against things that are bad.
Thanks for clearing that up.

This was an interesting pie... (Below threshold)

This was an interesting piece.

http://austin.craigslist.org/pol/412094914.html

Think I'll wander over to opensecrets.org and see what I can find.....

Based on your (piss-poor) l... (Below threshold)
yo:

Based on your (piss-poor) logic, I could conclude that you are FOR illegal campaign contributions.

But, I guess if you're a Clinton supporter, I could have figured that out on my own.

And, since you're just gonna use stupid liberal quite sniping and nuance twisting to make yourself look like a hero in your own mind, let me really clear this up for you (and I'll even type slowly so you don't get confused):

Illegal campaign contributions = bad.

I'm against them.

Enron stole money from their customers/employees (I'm against stealing) and THEN contributed such to Bush's campaign.

Do.you.see.the.dif.er.ence.you.putz?

However, Enron did not violate campaign contribution laws.

Hence, Enron is despicable, yes. I'm also against despicable (which is why I can't/won't/haven't supported the Clintons).

Unless you have proof that they violated campaign laws, then your argument is - much like your brainwave pattern and your girlfriend - flat.

Feel free to spin that however you'd like, or to completely change the subject, or to find something else with which to insult/challenge me that has nothing to do with anything. I won't hold it against you since ... well, that's what liberals do.

Enron was a bipartis... (Below threshold)


Enron was a bipartisan affair

http://query.nytimes.com/gst/fullpage.html?res=9C06E3DA163AF936A15752C0A9649C8B63&sec=&spon=&pagewanted=print

Money quote:

A new computer analysis of campaign finance records showed that of the 248 senators and House members on the 11 Congressional committees that are investigating the Enron affair, 212 had received contributions from Enron or Arthur Andersen. The donations from the two companies have been so pervasive that all the Senate's top 20 recipients of Enron donations are serving on at least one panel investigating Enron. Because many lawmakers who accepted Enron donations were Democrats, the burgeoning scandal has created bipartisan discomfort.

But, Hugh, were the contrib... (Below threshold)
yo:

But, Hugh, were the contributions illegal?

yoI can't find anyth... (Below threshold)

yo
I can't find anything about the contributions being illegal.

Oh, and here's a nice bit f... (Below threshold)
yo:

Oh, and here's a nice bit from Hugh's article that will make Alexander McKlure twist a bit:

"'We have an opportunity to do some good here on a bipartisan basis,' Mr. Thompson said as he outlined issues raised by the scandal. 'In the process, we may even finally decide that allowing huge amounts of soft money contributions to public officials is not such a good idea.'"

"I can't find anything abou... (Below threshold)
yo:

"I can't find anything about the contributions being illegal."

Thanks, Hugh.

Robert ...? Any follow up, or did your mom tell you that you can't play on the computer until you've cleaned up your room?

My followup:Let's ge... (Below threshold)
Robert:

My followup:
Let's get the money out of politics and elections.
While we're at it, let's have more than 2 parties to choose from.
And a functioning media would help too.

My room is clean, and my girlfriend is hot.

(Those sound like reasons the MSM might use to push my Presidential nomination. Sort of like, "Bush is the kinda guy you'd like to have a beer with." or "Fred Thompson looks Presidential.")

Robert, I don't disagree wi... (Below threshold)
yo:

Robert, I don't disagree with your follow up, one bit, and I doubt you'd get flack from many, around here.

However, tossing out easily destroyed Bush arguments won't gain you any traction.

Correct, and there is no ev... (Below threshold)
Mitchell:

Correct, and there is no evidence Bush or his people knew he was getting anything illegal (which likely he was not since we all agree Enron's contributions were legal under campaign finance law), unlike Ms. Clinton's people who have taken money from numerous Chinese fraudsters/confidence men.

And by "my girlfriend is ho... (Below threshold)
Robert:

And by "my girlfriend is hot," I mean that I stole the strap-on that I have to use on myself because no one will touch me.

So Hillary Clinton has deci... (Below threshold)
tommo:

So Hillary Clinton has decided to return donations linked to disgraced fundraiser Norman Hsu. OK, good: that was the right thing to do. And while we're on the topic of campaign donations, I have a question for the Republicans. When will George W. Bush return the $1.14 million that his campaign received from Enron? You remember Enron, don't you? It was only the most evil corporation in the history of American capitalism (and that's really saying something).

Bush took the money from retirees and small investors. He should be in prison.

tommo I don't thin... (Below threshold)

tommo

I don't think even a crow bar will get your foot out of your mouth on this one.

Well we see the Dem talking... (Below threshold)
Paul:

Well we see the Dem talking point... It took a few hours but expect every troll and his brother to say "Enron" on every post.

geeze these people are pathetic

>When will George W.... (Below threshold)
Paul:


>When will George W. Bush return the $1.14 million that his campaign received from Enron?

You little child.

Enron DNC Money

During the 1990s, Enron CEO Ken Lay personally contributed $11,000 to former President Bill Clinton for his two campaigns. In addition, Lay gave Vice President Al Gore $13,750 for his 2000 election campaign.

During Clinton's eight years in office, the company and Lay contributed about $900,000 to the Democratic Party. Former Enron officials said an important part of their strategy to win favor with the Gore campaign was a significant increase in the company's donations to Democrats. In 1999 and 2000, the company gave
$362,000 in soft-money donations to Democrats.

Crap, they need a new talking point.

Damn it Paul get out of my ... (Below threshold)
stan25 Author Profile Page:

Damn it Paul get out of my head I was going to post that.

Conrad Burns - Former Sen. ... (Below threshold)
MattM:

Conrad Burns - Former Sen. Burns was the largest recipient of Abramoff-related money in the U.S. Senate, and made calls urging the Department of Interior to award federal grants to an Abramoff client. That effort failed and Burns later inserted an earmark directing the grant in an appropriations bill.

Bill Frist - The Securities and Exchange Commission in investigating whether Frist, the former Senate Majority Leader engaged in insider trading, selling off holdings in HCA immediately before its value plummeted. Frist maintained that his holdings were in a blind trust, but the Senate frequently provided Frist with information on his holdings and Frist directed the sale of the stock. At the time of the sale, Frist's brother was on HCA's Board of Directors.

Mel Martinez - A FEC audit found the Martinez campaign failed to properly disclose $162,000 in contributions.

Lisa Murkowski - A complaint filed with Senate Ethics Committee alleges that Sen. Murkowski received property from an Alaska real estate developer at a price well below market value.

Ted Stevens - Sen. Stevens home in Alaska was raided in July 2007 by the FBI and IRS looking for evidence in connection with an investigation of a remodeling project conducted by VECO.

Ken Calvert - A Grand Jury issued a report which said that Rep. Calvert received an illegal no-bid contract for sale of 4 acres of public land in California.

Tom DeLay - Former Rep. DeLay resigned from Congress after being admonished by the ethics four times, being indicted for money laundering in Texas, and revelations showing numerous controversial ties to Jack Abramoff.

John Doolittle - In April 2007, the FBI raided Rep. Doolittle's home in its investigation into ties between Doolittle and Jack Abramoff.

Tom Feeney - The U.S. House said that Rep. Feeney violated House rules by accepting a trip to Scotland. Feeney was required to pay the cost of the trip to the Treasury. He was later questioned by the FBI in the investigation into lobbying activities of Jack Abramoff.

Katherine Harris - Former Rep. Harris accepted $32,000 in illegal contributions from MZM Inc.'s President Mitchell Wade. She then requested tens of millions in earmarks that would benefit Wade. Wade later pleaded guilty to making illegal campaign contributions, in addition to conspiracy, corruption and election fraud. Harris maintained that she did not know the contributions were illegal and lost her race for Senate in 2006.

Gary Miller - The FBI is investgating land deals in which Rep. Miller made an estimated $10 million.

Bob Ney - Former Rep. Ney was sentenced to 30 months in prison for corruption after pleading guilty to conspiracy and filing false financial disclosures.

Don Young - Federal officials are investigating a number of allegations against Young, including his ties to Veco, an Alaska company whos CEO pleaded guilty to bribery, as well as contributions connected to a Florida highway and a transportation measure benefiting a Wisconsin trucking company.

Curt Weldon - In September 2006, the FBI raided the homes of Rep. Curt Weldon's daughter and one of his closest political supporters as part of an investigation into whether the veteran Republican congressman used his influence to benefit himself and his daughter's lobbying firm, according to sources familiar with the investigation.

Robert E. Coughlin II - Coughlin, resigned as deputy chief of staff in the Criminal Division of the Justice Department after "a federal task force investigating the activities of disgraced lobbyist Jack Abramoff," began probing whether Coughlin traded favors with an Abramoff colleague.

Susan Ralston - A top aide to White House strategist Karl Rove "resigned after disclosures that she accepted gifts and passed information to now-convicted lobbyist Jack Abramoff.

David Safavian - Safavian, the former chief of staff for the General Services Administration, was sentenced to 18 months in prison on "obstruction and concealment charges for lying to investigators about his relationship with [Jack] Abramoff."

Robert T. Schofield - Schofield "pleaded guilty to accepting at least $600,000 in bribes to provide fraudulent citizenship documents to hundreds of Asian immigrants."

Roger Stillwell - "Stillwell, a former Interior Department official, was sentenced to two years on probation in January after pleading guilty to a misdemeanor charge for not reporting hundreds of dollars worth of sports and concert tickets he received from Abramoff."

Mark Dennis Zachares - Zachares pleaded guilty "to conspiracy to defraud the public by steering potential clients and inside government information to disgraced lobbyist Jack Abramoff in return for cash, gifts and the promise of a high-paying job on K Street." Zachares "admitted to prosecutors that he accepted more than $30,000 in tickets to 40 sporting events, a luxury golf trip to Scotland and $10,000 in cash from Abramoff and his lobbying team. He acknowledged providing them with information about the reorganization of the Homeland Security Department, federal disaster and highway aid, and maritime issues."

I could keep going...

Nice cut & paste MattM wher... (Below threshold)
marc:

Nice cut & paste MattM where'd ya get it?

More importantly what's the point? That Reps are the only ones caught in illegal contribution scandals? If so your delusional.

Sorry I don't have some BS site bookmarked to pull out when needed, and not so incidentally avoid commenting on the topic at hand that is Hsu and Clinton. But it only took a couple seconds to find these:

Former Democrat Gubernatorial candidate Mazie Hirono's campaign committee may never pay over $98,000 in unpaid assessments for illegal campaign contributions says the Executive Director of the State Campaign Spending Commission, Barbara Wong.

The Democrat controlled Colorado House State Affairs Committee today killed, on a party-line vote, a bill that would have shined the light on illegal foreign contributions to political campaigns. Currently, unions can shunt confiscated dues from non-US citizens into their PACs. As long as those contributions are under $20, they're anonymous.

The growing list of state politicians involved in campaign finance violations added a new name last week - Rep. Mary McAllister, D-Cumberland.

McAllister was fined more than $15,000 by the State Board of Elections after investigators determined she had illegally used campaign donations to repay herself for loans that she never made.

Trail attorneys Geoffrey Fieger and Vernon Johnson, huge contributors to Sen. John Edwards' 2004 campaign for president, have been indicted by a federal grand jury on charges related to the pair's funneling illegal contributions to the Edwards campaign.

The pair is charged with using 'straw donors,' donors who contribute the maximum amount to a campaign with the understanding that they will later be reimbursed for their contributions, to funnel $127,000 in illegal contributions to the Edwards' campaign.

AND THIS one is the biggest laugh of all. Its displayed on the Clinton Library web Page:

Bill Clinton, Al Gore and the Democrat National Committee (DNC) repeatedly violated existing campaign finance laws and degraded the White House by using access to the president and the office of the presidency as a fund-raising device for a political campaign.

According to a document released in December 1996, (dated 3/6/96 from the DNC's Office of Asian Pacific Affairs), the White House was aware of and a major participant in the DNC fund-raising effort. The memo read: "Administration of campaign activities will require the coordination of the White House, DNC, Clinton/Gore, Clinton administration appointees, community groups and thousands of individuals." (USA Today; Los Angeles Times, 12/30/96)


Oh I'm not claiming the Dem... (Below threshold)
MattM:

Oh I'm not claiming the Democrats are saints. But if anyone seriously thinks that this Hsu thing is worse than Abramoff, or the Dems are somehow MORE corrupt than the Republicans, they're crazy.

You will never get the mone... (Below threshold)
Dave W:

You will never get the money out of politics, you will only change the ways in which they are injected into politics. The Clintons are a perfect example of this. The democrats hold up campaign finance laws on such a high pedastal and only enforce them when a republican breaks them.

Double standard? nah, thats just the way we work here in washington!!

"Nice cut & paste MattM ... (Below threshold)
rrita m:

"Nice cut & paste MattM where'd ya get it?"

Re: comment 53. For the hell of it, here's the (shocking) source:

The Democratic Party.

A federal judge is impeache... (Below threshold)
SPQR:

A federal judge is impeached and removed from office for bribery. He is subsequently elected to Congress and is put by his party onto the most sensitive national security committe in the House. What party is that?

Democrats. Of course.




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