The Other Hsu Keeps Dropping
: President 2008, Democrats, Scandal, Hillary Clinton
The continuing saga of Norman Hsu is showing more and more the dark underbelly of political fundraising. It keeps getting worse for the Democrats as a whole and Hillary in particular:
A Laguna Beach investment firm filed a lawsuit against Democratic fundraiser Norman Hsu on Friday, claiming he defrauded investors out of at least $23 million and required them to donate to Democratic candidates.
According to the lawsuit filed by Briar Wood Investments, Hsu persuaded the company's operator to do business with him by taking him to star-studded Democratic Party events. There, the 56-year-old Hong Kong native was praised by New York Sen. Hillary Rodham Clinton, California Atty. Gen. Jerry Brown and others, the lawsuit said.
As a condition of doing business with the fundraiser, Hsu directed investors to make contributions to certain Democratic candidates, the lawsuit said. The investors turned over tens of thousands of dollars, including $30,000 worth of checks to Clinton's campaign on a single day.
Read that again, Hillary knew who he was and probably invited him to events. He used that access to persuade investors to give him money which he duly defrauded them of and also coerced them to donate to Hillary's campaign. One would think that $30,000 in one day would make the campaign take notice. $23-million will definitely make the country take notice.
What we're seeing emerge is that Hillary knew Hsu--a man who was a fugitive mind you--and actively used his fund raising skills to enrich her campaign and the campaigns of other Democrats. The facts, when put together, show clearly that Hillary was actively involved in meeting with Hsu. While she may not have known about the various scams that he perpetrated, one would further think that she should have done some research to see exactly what this guy was up to. Maybe she did, in which case she's complicit in shady practices that violate FEC regulations.
This story is not going away and the more that it trickles out, the longer the campaign will have to deal with it and the more ammo the GOP has to work with. At least half the country think the Clinton's are shady and the people they've worked with and discarded only lend credence to that belief. If even 10-15% more believe that she had anything to do with this, she's toast in the general election.
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