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![]() A Strategic Partnership http://www.ChinagateTheMovie.com/ Big Source of Clinton's Cash is an Unlikely Address in California DALY CITY, Calif. -- One of the biggest sources of political donations to Hillary Rodham Clinton is a tiny, lime-green bungalow that lies under the flight path from San Francisco International Airport. Six members of the Paw family, each listing the house at 41 Shelbourne Ave. as their residence, have donated a combined $45,000 to the Democratic senator from New York since 2005, for her presidential campaign, her Senate re-election last year and her political action committee. In all, the six Paws have donated a total of $200,000 to Democratic candidates since 2005, election records show. Their donations closely follow contributions made by a wealthy New York businessman. See Donation record via WSJ here http://online.wsj.com/public/resourc...etro_sort.html It isn't obvious how the Paw family is able to afford such political largess. Records show they own a gift shop and live in a 1,280-square-foot house that they recently refinanced for $270,000. William Paw, the 64-year-old head of the household, is a mail carrier with the U.S. Postal Service who earns about $49,000 a year, according to a union representative. Alice Paw, also 64, is a homemaker. The couple's grown children have jobs ranging from account manager at a software company to "attendance liaison" at a local public high school. One is listed on campaign records as an executive at a mutual fund. Source: http://online.wsj.com/article/SB1188...s_us_whats_new s So far what we have is a family of limited means donating an extraordinary amount of money (considering their income) to Hillary Clinton and in smaller part to other Democrats, that lives in a house that was once listed as Mr. Hsu's home address, which makes that connection very obvious. http://wwwwakeupamericans-spree.blog...linton-paw-fam ily-and-norman.html Now lets take a look at Norman Hsu. Norman Hsu's love of Clinton on display http://www.latimes.com/business/inve...834069.story?c oll=la-headlines-business-invest Hey Hillary, what's that big mark on your ear? It looks like $950,000 for a school that your favorite Chinese fundraiser, Norman Hsu, just happens to have been a board member of. And in the case of the New School in Greenwich Village, it turned out to have some national resonance: Norman Hsu, a major Democratic donor active in Senator Hillary Rodham Clinton's presidential campaign and a New School trustee, was found to be a fugitive who had skipped out after a felony theft conviction in California 15 years ago. Here's the bill, S.1710. http://thomas.loc.gov/cgi-bin/cpquer...07&dbname=110& It's the Labor/HHS/Education spending bill that's being debated in the Senate right now. Do a search on "Clinton" a whole bunch of times (she has quite a few line items in this bill, $500k here, $250k there, $1.5 million over there) and you'll eventually land at this earmark. New York Times September 20, 2007 Norman Hsu, an apparel-industry executive and a major donor to Democratic candidates and causes, confessed to FBI agents last week that he had pressured investors in what he now admits were phony business deals to contribute to Democratic political campaigns, prosecutors said in an indictment that was unsealed today. The complaint, filed in Federal District Court in Manhattan, accused Mr. Hsu of bilking at least $60 million from hundreds of investors in a nationwide Ponzi scheme, and using some of that money to illegally reimburse at least two people who made a total of $60,000 in campaign donations at his request. While the complaint did not specify which candidates received the illegal or coerced contributions, federal authorities confirmed that one of them was Senator Hillary Rodham Clinton. Her presidential campaign has said it intends to return $850,000 to more than 200 people whose donations were bundled by Mr. Hsu. .... The indictment said that while in Colorado, Mr. Hsu reached out to FBI agents on three occasions and asked to speak to them without his lawyers present. He is said to have told the agents that his business deals involved no real investments but were in fact fraudulent, and "admitted that he made implied threats to his investors to pressure them to contribute to political candidates he supported." Working through two shell companies, Components Ltd. and Next Components Ltd., Mr. Hsu persuaded numerous investors from across country to give him money ostensibly to help secure short-term loans for various companies doing business in the apparel industry, the government said. The Ponzi scheme had been not intended to generate political contributions even though several investors were bullied into making donations, David A. Cardona, the special agent in charge of the F.B.I.'s New York office, said at a news conference today. Rather, Mr. Cardona said, it was the cachet derived from Mr. Hsu's political activities that gave his investment schemes a certain allure. Those schemes, the complaint said, focused on several aspects of the apparel trade, from helping obtain letters of credits for wholly imaginary manufacturers to financing the importation of "high-end" Chinese clothing that did not exist. As in all Ponzi schemes, the government said, Mr. Hsu paid interest to the first wave of investors with principle invested by secondary waves and used this purported success to lure more investors. The experience of Joel Rosenman - a New York investor referred to in the complaint only as "Victim 1" but whose identity was confirmed by several lawyers involved in the case - was presented in the indictment as indicative of the scheme as a whole. Mr. Rosenman's interactions with Mr. Hsu were also laid out in a civil suit filed Friday in New York County Superior Court. Mr. Rosenman was introduced to Mr. Hsu by a mutual friend in 2003 and made an initial investment of $50,000 with Mr. Hsu. In return, he received a check for $57,000 postdated for four and a half months later. The indictment said that when Mr. Rosenman successfully cashed the check, it helped him develop trust in Mr. Hsu, who claimed to have lined up clothing deals with big-name companies like Nordstrom, L.L. Bean and Hugo Boss. By 2007, Mr. Rosenman had created an investment fund, Source Financing Investors, with friends and relatives that funneled more than $40 million into Mr. Hsu's hands. In August, however, when reports about Mr. Hsu's shadowy past began to surface, Mr. Rosenman confronted Mr. Hsu, who assured him his investments were not in danger, the government said. But earlier this month, Mr. Rosenman went to cash a check in the amount of $1,031,300 that Mr. Hsu had given him and, according to the complaint, the bank refused to accept it. The civil suit filed by Source Financing Investors said that $40.2 million of its money is missing. Ronald Minkoff, a lawyer representing Source Financing Investors, said he has asked campaigns that received contributions from Mr. Hsu and his network of investors not to dispose of the money. "We are asking them to hold that money in escrow," Mr. Minkoff said. "We are trying to find what we can find." Crime Stats: - Number of individuals and businesses associated with the Clinton machine who have been convicted of or pleaded guilty to crimes: 47 - Number of these convictions during Clinton's presidency: 33 - Number of indictments/misdemeanor charges: 61 - Number of congressional witnesses who have pleaded the Fifth Amendment, fled the country to avoid testifying, or (in the case of foreign witnesses) refused to be interviewed: 122 Forgetful Clinton "friends": Number of times that Clinton figures who testified in court or before Congress said that they didn't remember, didn't know, or something similar. Hillary Clinton 250. Bill Kennedy 116 Harold Ickes 148 Ricki Seidman 160 Bruce Lindsey 161 Bill Burton 191 Mark Gearan 221 Mack McLarty 233 Neil Egglseston 250 John Podesta 264 Jennifer O'Connor 343 Dwight Holton 348 Patsy Thomasson 420 Jeff Eller 697 Folks, this is a the prefect example of the old adage, if it walks like a duck, quacks like a duck and looks like a duck, chances are, it is, indeed, a duck. Follow all the links above and ask yourself one final question. Will Americans vote for a person that has such close associations with fraud and crime and fugitives? |
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