Donor Hsu projected wealth, likability

LATimes ^ | September 16, 2007 | Claudia Blume and Mike Saccone and Janet Lundblad

[CutePuppy]

Associates describe the disgraced Democratic fundraiser as charming and self-effacing, but deceptive.

Last year, to celebrate New York Sen. Hillary Rodham Clinton's reelection victory, Norman Hsu capped an amazingly successful year as a Democratic fundraiser by treating members of her campaign staff to several days at the glitzy Mandalay Bay hotel and casino in Las Vegas, complete with free show tickets and dinners at posh restaurants.

.....

For all who did business with Hsu, the pattern is remarkably consistent: an initial attraction to a likable individual who offered the moon, followed by disillusionment and feelings of betrayal -- sometimes tinged with embarrassment at having been gullible.

Many questions remain about Hsu's often murky career. How could he rise to such heights, given that he had been a fugitive on a felony grand-theft charge since 1992? Why did no one ever dig into the background of a benefactor who seemed to emerge from nowhere? Exactly where did the hundreds of thousands of dollars that he showered on politicians come from?

And how was Hsu able to continue organizing multimillion-dollar financial schemes despite a trail of business failures and disappointed, often accusatory, investors? After all, he had no obvious source of income and had gone bankrupt twice.

.....

Even as he was ingratiating himself, Hsu used his ready access to the world of celebrity politics to enhance his credibility with potential business investors. And some investors said he or his associates pressured them to make campaign contributions, further cementing Hsu's standing in the political world.

Several investors admitted they were agog when Hsu took them to fundraising parties with the likes of Barbra Streisand and Steven Spielberg.

.....

[Calpernia]

Laundering the donations that way would be a very similar concept to how voter fraud has been used. “Legacy” systems have been used to pump up elections. Hijacked name ids would work better for donations and votes since the names would be legit:

http://www.freerepublic.com/focus/f-chat/1892934/posts?page=11#11
For “legacy” system reference

[Roccus]

“The stolen names should be checked againt these other sources.

A good Data Mining program will do the trick.”
__________________________________________________________

Can you say, “ABLE DANGER”?????

[Calpernia]

I caught onto that while doing MSM editorial writings. As you know from other threads, I’m volunteering on a campaign. I’ve been sending letters to editors and comments to radio and news stations for months. Not one has been picked up to date.

I started following up on that. One USA based news source actually redirected me to their HONG KONG office to find out why.

Needless to say, the redirect answered my question so I didn’t need to actually contact the Hong Kong office.

[Calpernia]

I sure can.

Curt Weldon bump

[Roccus]

I know the program was supposed to have been destroyed, but I’d bet my next pension check that there’s a programmer somewhere in the Pentagon who still has it!

[Calpernia]

There was a thread, towards the end of Able Danger being in the forefront of FR News about someone saving data from it. It was right before the congressional hears on it. Then, Able Danger fell off the radar.

[Liz]

Data thefts figure in this; political campaigns might use stolen names to fill out FEC reports (to hide real sources of funds). Like plain old voter-roll scams........

Even better-----illegals who are fraudulently registered to vote using fake ID's are being outed by the simple act of elections boards sending out jury notices (which are compiled from voter lists).

Such a good way to nail these people.

Illegals not only register to vote with fake ID's, they get on the tax-paid gravy train for all kinds of benefits. That's how they're able to send $50 billion back to their moth-eaten countries every year.

[ClaireSolt]

Well you do know that the subtext of the Firing of attorneys was that the Dems were mad about investigating election fraud. Corzine has been mentioned in corruption case in NJ as he apparently gae 6 million to a union official he dated while buying NJ elections with his millions. I would be very happy if they skewered people like him who raped the American public of 1T in the dot com bust whiloe Clintonistas took their ill gotten gains out of DC in wheelbarrows. The Dems are also protecting DiFi as they clamor for Albertos head.

[Lonesome in Massachussets]

I still lean to believe that any conman worth the name would be drawn to a glitzy Democratic Party fund raiser like a moth to a search light. Lots of low hanging fruit, people with far more money than circumspection.

For the chicoms, otoh, however, there need be no obvious quid pro quo, no need for the Clintons or any Democrat to know that they were behind the donations. They are the rare donors who are actually simply aligned with the goals of the candidates they donate to. The chicoms see the U.S. military as the chief obstacle to their expansion, the Dems see the U.S. military as chief source of mischief in the world. The chicoms want to weaken the U.S. economically, the Democrats are more likely to pursue redistributionist and "environmentalist" policies that damage the U.S. economically.

[Eroteme]

There was not one question on Fox this morning about Hsu!!

The day's front page story in the Washington Post, and it's not worthy of a mention. Figures.

While there's plenty here to call the media on, I'm not so sure their studied avoidance won't ultimately bite them in their butts. There's more than a year til the elections, and the public has a short attention span. Plus, the democrats are masters at the old-news card. Playing that card is a whole lot less effective when the public's just now hearing about it.

Investigators--both official and citizen sleuths--will be amassing mountains of damning info on this massive scheme in the months to come. It will paint a picture far more damning than this lone conman crap the media's peddling now. And it won't be old news.

[ClaireSolt]

There are lots of ways to get lists. Use the phone book, or the city directory, or what about that list seller in Omaha from India that is paying Bill Clinton and Nancy Pelosi’s son.

[Liz]

O-k-a-y, I will.

[Diana in Wisconsin]

“This woman claims to be clueless enough to be totally surprised by her husband’s string of adulteries, “can’t recall” anything when testifying to a grand jury, takes enormous campaign checks from felons without checking who they are, and lies every time her lips move...yep, sounds like we should trust her to be President of the United States as we fight a war against Islamists who have sworn to kill us.”

Well said! *BUMP*

[Calpernia]

>>>That’s how they’re able to send $50 billion back to their moth-eaten countries every year.

Remittances really reminded me of hawalas.

[Calpernia]

>>>Well you do know that the subtext of the Firing of attorneys was that the Dems were mad about investigating election fraud.

Reference:

http://www.freerepublic.com/focus/news/1800101/posts
Attorney firings had genesis in White House (serving at the pleasure of the President)

The White House suggested two years ago that the Justice Department fire all 93 U.S. attorneys, a proposal that eventually resulted in the dismissals of eight prosecutors last year, according to e-mails and internal documents that the administration will provide to Congress today.

The dismissals took place after President Bush told Attorney General Alberto R. Gonzales that he had received complaints that some prosecutors had not energetically pursued voter-fraud investigations, according to White House spokeswoman Dana Perino.

Gonzales approved the idea of firing a smaller group of U.S. attorneys shortly after taking office in February 2005. The Gonzales aide in charge of the dismissals — his chief of staff, D. Kyle Sampson — resigned yesterday, officials said, after acknowledging that he did not tell Justice officials about the extent of his communications with the White House, leading them to provide incomplete information to Congress.

excerpt

[Liz]

Can't they find one person on this planet who refused to put millions of dollars on Hsu's offer of outsized financial returns?

Good question.

Keep in mind, Hsu's schemes could also be connected to massive IRS, SEC and bank fraud.

Do stockholders know CEO's were taking millions out of companies. Does the IRS know? Does the SEC know?

Schemes to illegally take money out of companies to evade state and federal taxes, and US banking laws could include: misusing corporate reserve accounts, concealing losses, inflating asset values and improperly accounting for transactions, as well as deferring profits into reserve accounts, improperly shifting capital funding to other projects to hide illegal payments to Hsu.

Hsu may have colluded with politicians and campaign donors in illegal activities that might include businesses, non-profit organizations, foundations, and donors (particularly officers of publicly-held companies) using corporate holdings, investment and development companies, management firms, brokerage companies, insurance companies, law firms, legal firms, firms that process reimbursements, real estate firms, R/E partnerships, limited liability companies, banks, bonding insurance companies, etc, engaging in fraud, collusion, and illegal conversion of funds.

Hsu's investor-campaign donor schemes to evade the IRS, SEC and US banking laws would constitute tax evasion, money-laundering, illegal monetary conversions, and FEC fraud.

[CutePuppy]

Yes, that’s the right track.

See my thoughts on this here:
http://www.freerepublic.com/focus/f-news/1896320/posts?page=66#66

http://www.freerepublic.com/focus/f-news/1896320/posts?page=58#58

http://www.freerepublic.com/focus/f-news/1897293/posts

[Rudder]

There's the problem right there. During that time period, the only thing they were doing at Berkeley was assisting the Communists to defeat the American military in Southeast Asia.

Not true.

[Calpernia]

http://www.freerepublic.com/focus/f-news/1897293/posts?page=56#56

[Calpernia]

http://www.freerepublic.com/focus/news/1897293/posts?page=57#57

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