The Democrats’ bundles of straw; Update: Hsu facing charges in NY

By Michelle Malkin  •  September 20, 2007 09:48 AM

Update: The Hsu falls in NY….

Federal prosecutors in New York are expected to announce criminal charges against Democratic fundraiser Norman Hsu later Thursday, sources told WNBC.com
Hsu is expected to be charged with orchestrating a $60 million “Ponzi Scheme” and engaging in widespread campaign finance violations.

WSJ has more details on Source Financing.

***
The Wall Street Journal continues to dig into Democrat funny money. They identify a Clinton donor who says her political contribution was reimbursed by her husband’s boss, a fund-raising bundler for the candidate:

When Hillary Rodham Clinton held an intimate fund-raising event at her Washington home in late March, Pamela Layton donated $4,600, the maximum allowed by law, to Mrs. Clinton’s presidential campaign.

But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband’s boss for the donations. “It wasn’t personal money. It was all corporate money,” Mrs. Layton said outside her home here. “I don’t even like Hillary. I’m a Republican.”

The boss is William Danielczyk, founder of a Washington-area private-equity firm and a major fund-raising “bundler” for Mrs. Clinton. Mrs. Layton’s gift was one of more than a dozen donations that night from people with Republican ties or no history of political giving. Mr. Danielczyk and his family, employees and friends donated a total of $120,000 to Mrs. Clinton in the days around the fund-raiser.

In an interview, Mr. Danielczyk said he “did not and would not” reimburse employees or others for their political donations. Such reimbursement would be illegal. Mr. Danielczyk said he was a co-host for the event at Mrs. Clinton’s home. “Everybody was asked to contribute,” he said, “some said yes and some said no.” He added, “No arm was twisted.”

Hill’s “Hillraisers”–special designees who rake in $100,000 or more like Norman Hsu–are now coming under increased scrutiny:

Other Republican voters who contributed the maximum amount to Mrs. Clinton at this event included Mr. Danielczyk’s mother, sister, personal assistant and a half-dozen employees or their spouses. Most of the donors had never made a political donation before contributing $4,600 to Mrs. Clinton, according to fund-raising records.

Mr. Danielczyk said some of the attendees were Republicans, but “they may vote for her [Mrs. Clinton] now.” He added, “It’s odd … You try to get involved in the political process and you come under scrutiny.

“Odd?” No. It’s the necessary consequence of public disclosure.

Meanwhile, Norman Hsu is set to return to Cali today:

Democratic fundraiser Norman Hsu is expected to return to San Mateo County today to face a 15-year-old felony theft conviction for defrauding Bay Area investors for up to $1 million. Hsu appeared in Mesa County District Court in Colorado on Wednesday in a yellow jail jumpsuit – his hands cuffed and his ankles shackled – and signed documents that sealed his extradition to California.

The San Mateo County Sheriff’s Office was given 10 days to collect Hsu, but Mesa County District Attorney Pete Hautzinger said in court that San Mateo County sheriff’s officials were planning to retrieve Hsu today.
Hsu was subdued in court and told Judge Brian Flynn that no one was forcing him to give up his right to fight extradition.

“Are you thinking clearly this morning?” Flynn asked. “Yes, your honor,” Hsu said.

Can’t say the same about all the Dems who allowed this con man to ingratiate himself into their coffers.

***
Stay tuned to investigative blogger Flip Pidot’s site for more number-crunching, dot-connecting, and loose ends-tying.

Mitt Romney’s got a bundler, but the majority named in this WaPo piece are Dems.

Glenn Reynolds is having too much fun.

More Bundlemania probing from Allah and See-Dub.

Posted in: Norman Hsu

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Comments


  1. #131900
    On September 20th, 2007 at 9:56 am, almeehan said:

    It is still an outrage that this is so downplayed in the MSM. Thanks Michelle for keeping on top of it.

  2. #131902
    On September 20th, 2007 at 9:58 am, katieanne said:

    Using one’s position as boss to intimidate employees to contribute to a candidate they don’t like? Isn’t there something legally wrong with that? I myself can’t imagine allowing myself to be bullied into donating to Hillary’s campaign. Either these Republicans have no backbone or are really scared of losing their job. I would think the latter could be grounds for a lawsuit.

    Where is the outrage from MSM for all this funny money stuff with Hillary? Where is Nancy screaming about the “culture of corruption”? Why are so many so willing to turn a blind eye to typcial Clinton corruption?

  3. #131912
    On September 20th, 2007 at 10:06 am, ajmontana said:

    Be patient Katie, IMHO, the lid is going to blow clear off here soon. The mud slinging will intensify and she won’t be able to squirm out of this.

  4. #131917
    On September 20th, 2007 at 10:18 am, pressto said:

    I still can not believe the silence by the MSM on this case. Even Fox is not covering this case much.

  5. #131923
    On September 20th, 2007 at 10:30 am, trinitytim said:

    aj, I hope you’re right but I’m afraid I won’t believe it until I see it.

    Too much corruption in the MSM.

  6. #131927
    On September 20th, 2007 at 10:34 am, On-my-soap-box said:

    AJ – they didn’t call him slick willy for nothing. Nothing stuck to him. It will be the same with slick hilly. So slimy nothing will stick.

  7. #131940
    On September 20th, 2007 at 10:54 am, ajmontana said:

    Maybe I’m just trying to see the pot-o-gold at the end of the rainbow. :)

  8. #131943
    On September 20th, 2007 at 11:00 am, jrlingreenbay said:

    Someone once asked me – “Why does it cost so much to run for public office?”, or something to that effect.

    My answer was, “It isn’t that it costs that much – it’s that that’s how much they spend.

    And the reason they spend that much is because of all the money they receive.

    If we eliminated all this back-door bundled money and other garbage, they’d be forced to do all this campaigning with less money.

    But, I suppose, it’s a learning ground for our Politicians….they’ve become so USED to having all this money that they feel they need to spend – it prepares them for public office – and having OUR money that they feel they need to spend.

  9. #131947
    On September 20th, 2007 at 11:08 am, ajmontana said:

    Yeah jrl,
    Liken to slot machine mentality, keep puttin enough in and eventually you might get the big pay-out. :)

  10. #131956
    On September 20th, 2007 at 11:28 am, jrlingreenbay said:

    Aj…funny you put it that way.

    I work in the gaming industry. It is the high-rollers who spend the most money and bring in our greatest profits – so who does the gaming industry cater to most? Those same high rollers – they get the biggest perks and the most attention.

    The smaller gamblers get the standard perks and offers.

    I see the same happening with politics and government. Those who give the most – get the most. Period.

  11. #131960
    On September 20th, 2007 at 11:37 am, ajmontana said:

    Cha Ching!

  12. #131971
    On September 20th, 2007 at 12:07 pm, Thunder_Run said:

    Trackbacked by The Thunder Run – Web Reconnaissance for 09/20/2007
    A short recon of what’s out there that might draw your attention updated throughout the day…so check back often.

  13. #131979
    On September 20th, 2007 at 12:30 pm, Boomer said:

    This story just keeps getting better and better (for conservatives). I would really like to see the lid blown off this thing to end the political ambitions of “she-who-must-not-be-named.” In a perfect world she would even be stripped of her Senate seat and be looking at some serious federal prison time. We can only dream and hope!

  14. #131996
    On September 20th, 2007 at 1:20 pm, Just A Grunt said:

    Check out Neal Boortz’s post on why the Democrats hate being called, well Democrats.

  15. #132007
    On September 20th, 2007 at 1:40 pm, katieanne said:

    aj, I sure hope you are right. For once I would love to see the Clintons reap what they have sown.

    What gauls me is that the same people who call the Republicans corrupt support the Clintons and have turned a blind eye all these years to their slick cheating tricks.

  16. #132010
    On September 20th, 2007 at 1:52 pm, ThackerAgency said:

    On September 20th, 2007 at 9:56 am, almeehan said:
    It is still an outrage that this is so downplayed in the MSM.

    agreed. They would rather talk more about Larry Craig who represents the ’scandal’ of the Republican party. They can’t seem to figure out that the Clintons are not very good at integrity and never have been.

  17. #132013
    On September 20th, 2007 at 1:59 pm, ajmontana said:

    Me too Katie,
    Norman (bates) Hsu just took another big hit from the Feds. That might give you more hope. enjoy… :)

  18. #132020
    On September 20th, 2007 at 2:21 pm, BadIdeaGuy said:

    If the Hsu were on the other foot (the right one?) we’d be hearing about this all day long on the news.

    But the msm hsu’ses their topics carefully. You’re way more likely to hear about Senator Craig’s less consequential Hsu’s than Hillary Clinton’s Hsu.

  19. #132066
    On September 20th, 2007 at 3:34 pm, michael griggs said:

    Nice tag from Neal Boortzs site,”crude and mindless”

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