Google
 

Wednesday, August 29, 2007

Dem Fundraiser Norman Hsu Wanted On Swindling Charges

Big surprise here. Hillary would never skirt around campaign finance laws *cough-cough*. Of course, those dem's that took money from him are refusing to return it. Let's say a Republican would do the same thing...oh, the outrage.

The crazy thing about this is the LA Times is reporting it!

The Los Angeles Times will report on this website later tonight and in Wednesday's print editions that a major Democratic Party fundraiser named Norman Hsu is wanted by authorities for skipping out on an agreement to serve up to three years in prison after pleading no contest to grand theft swindling charges.

In an exclusive story by Chuck Neubauer and Robin Fields, The Times will report that for three years Hsu has been carving out a place of political and financial influence by funneling hundreds of thousands of dollars in campaign contributions into Democratic Party coffers, much of the money earmarked for Sen. Hillary Clinton. He has earned the ranking of Hillraiser for pledging to raise at least $100,000 for her.

In just the last 36 months Hsu has been involved in raising more than $1 million for Clinton and other Democrats. Howard Wolfson, a spokesman for the Democratic National Committee, confirmed today that Hsu had been a "longtime and generous supporter" of the party including Clinton. "We have no reason to call his contributions into question or to return them," Wolfson added.

Hsu has developed a specialty of bundling hefty campaign contributions from obscure citizens who live modest lives and have never before given money to campaigns. Many are not even registered to vote.

Over the years other recipients of Hsu donations have included Sens. Dianne Feinstein, Barack Obama, Joe Biden and Edward Kennedy.

***UPDATE 08/29/07***

The dem's had a change of heart and decided that maybe they shouldn't keep the donations from Norman Hsu. This is quite a change since yesterday.

Democratic presidential candidate Hillary Rodham Clinton will give to charity the $23,000 in donations she has received from a fundraiser who is wanted in California for failing to appear for sentencing on a 1991 grand theft charge.

The decision came Wednesday as other Democrats began distancing themselves from Norman Hsu, whose legal encounters and links to other Democratic donors have drawn public scrutiny in the past two days.

Al Franken, a Senate candidate in Minnesota, Reps. Michael Honda and Doris Matsui of California and Rep. Joe Sestak of Pennsylvania said they would divest their campaigns of Hsu's donations.

Hsu is a fundraiser for Clinton and is described as a devoted fan of the presidential candidate and New York senator. He had planned to co- host a money event for Clinton on Sept. 30. In a statement Wednesday, Hsu said he believed he had resolved his legal issues, but said he would halt his work raising political money.