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Democratic Fundraiser Norman Hsu Sentenced to 3 Years
NBC11 ^ | Wed, Nov 19, 2008

Posted on 11/19/2008 5:48:40 PM PST by nickcarraway

A state appeals court in San Francisco has upheld a San Mateo County Superior Court sentence of three years in prison for a former political fundraiser who was a fugitive for 15 years.

Norman Hsu, 57, was sentenced in January for a 1992 no-contest plea to a charge of grand theft in an investment scheme.

County prosecutors said Hsu operated a so-called Ponzi scheme, by soliciting investments in a purported latex glove company and paying returns to early investors with funds from later investors. Prosecutors said he defrauded about 20 victims of nearly $1 million.

After pleading no contest to one charge of grand theft in 1992 and agreeing to a three-year sentence, Hsu fled the country instead of appearing for sentencing.

He spent about a decade in Hong Kong and returned to the United States in 2003, where he began donating funds and acting as a fundraiser for prominent Democratic candidates in California and New York.

In 2007, Hsu agreed to surrender, but instead of appearing for sentencing in Redwood City, he fled a second time and was arrested by the FBI after he became ill on an Amtrak train in Colorado.

Hsu was finally sentenced to the three-year term on Jan. 4.

In his appeal, he claimed that he was denied his right to a speedy trial and his right to be sentenced by the original judge.

But a three-judge panel of the Court of Appeal, in a ruling issued Tuesday, rejected those arguments. The court said the delay was caused by Hsu's own actions and that agreeing with his arguments would encourage defendants to flee.

Hsu faces separate criminal charges in federal court in New York.


TOPICS: Crime/Corruption; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 110th; bho2008; billclinton; campaignfinance; cheating; chinagate; clinton; clintonistas; communists; corruptdems; corruption; crime; criminals; democrats; fundraising; hillary; hillaryclinton; hsu; klinton; lying; slickwillie; stealing; xlinton

1 posted on 11/19/2008 5:48:41 PM PST by nickcarraway
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To: nickcarraway

Pardon me?


2 posted on 11/19/2008 5:50:25 PM PST by Old Sarge (For the first time in my life, I am ashamed to be an American)
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To: nickcarraway

The Bush admin. should dangle a pardon, and IF Hsu tells all he knows about every criminal Demagogue then he gets it.


3 posted on 11/19/2008 5:52:20 PM PST by Enchante (Thanks, Mediascum, you "elected" your candidate and now the country will pay....)
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To: nickcarraway
soliciting investments in a purported latex glove company

You can't make this stuff up.

4 posted on 11/19/2008 5:54:06 PM PST by neodad (USS Vincennes (CG 49) "Freedom's Fortress")
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To: nickcarraway

5 posted on 11/19/2008 5:58:16 PM PST by Bean Counter (Stout Hearts.....)
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To: nickcarraway
Obamazoid MSM: “Norman Who?”

Remember, Norman Hsu’s conviction will not feed one hungry child. (sarc)

6 posted on 11/19/2008 5:58:35 PM PST by Chairman of the Bard
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To: Old Sarge

>about 20 victims of nearly $1 million.

3 years? What do you think you or I would get for 20 counts of fraud totaling ~$1 mil?


7 posted on 11/19/2008 5:59:28 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Bean Counter

lol - nice pic.


8 posted on 11/19/2008 6:00:39 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

It’ll get you a pardon. Just remember to keep your receipts.


9 posted on 11/19/2008 6:02:38 PM PST by Old Sarge (For the first time in my life, I am ashamed to be an American)
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To: nickcarraway

Wow — that was the actual headline!


10 posted on 11/19/2008 6:03:46 PM PST by BenLurkin
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To: Old Sarge

Does this mean he can’t hold a cabinet post?


11 posted on 11/19/2008 6:04:11 PM PST by SJackson (http://www.jewish-history.com/emporium/)
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To: nickcarraway

President Hillary’s first pardon.

Oh, you think Obama is the president? Then why are all of Bill & Hillary’s people running the govt?

Damned she was smart. Lose and still win. Nothing like an old foxy bitch to beat a Chicago communist/crook protege.


12 posted on 11/19/2008 6:05:20 PM PST by MadMax, the Grinning Reaper
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To: SJackson

Jury’s still out...

( /rimshot)


13 posted on 11/19/2008 6:05:52 PM PST by Old Sarge (For the first time in my life, I am ashamed to be an American)
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To: MadMax, the Grinning Reaper

Welcome back to 1992.


14 posted on 11/19/2008 6:07:18 PM PST by txhurl (somebody just bought 12 Carrier Battle Groups for 600 million dollars)
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To: nickcarraway
Memories...

"'We like your president. We want to see him reelected', former Chinese intelligence chief General Ji Shengde told Chinagate bagman Johnny Chung. Indeed, Chinese intelligence organized a massive covert operation aimed at tilting the 1996 election Clinton’s way."

The Idiot's Guide to Chinagate
By Richard Poe
May 26, 2003

CHINA WILL LIKELY replace the USA as world leader, said Bill Clinton in a recent Washington Post interview. It is just a matter of time. Clinton should know. He has personally done more to build China’s military strength than any man on earth.

Most Americans have heard of the so-called "Chinagate " scandal. Few understand its deadly import, however. Web sites such as "Chinagate for Dummies" and its companion "More Chinagate for Dummies" offer some assistance. Unfortunately, with a combined total of nearly 8,000 words, these two sites – like so many others of the genre – offer more detail than most of us "dummies" can absorb.

For that reason, in the 600 words left in this column, I will try to craft my own "Idiot’s Guide to Chinagate," dedicated to all those busy folks like you and me whose attention span tends to peter out after about 750 words. Here goes.

When Bill Clinton took office in 1993, China presented little threat to the United States. Chinese missiles "couldn’t hit the side of a barn," notes Timothy W. Maier of Insight magazine. Few could reach North America and those that made it would likely miss their targets.

Thanks to Bill Clinton, China can now hit any city in the USA, using state-of-the-art, solid-fueled missiles with dead-accurate, computerized guidance systems and multiple warheads.

China probably has suitcase nukes as well. These enable China to strike by proxy – equipping nuclear-armed terrorists to do their dirty work, while the Chinese play innocent. Some intelligence sources claim that China maintains secret stockpiles of chemical, biological and nuclear weapons on U.S. soil, for just such contingencies.

In 1997, Clinton allowed China to take over the Panama Canal. The Chinese company Hutchison Whampoa leased the ports of Cristobal and Balboa, on the east and west openings of the canal respectively, thus controlling access both ways. A public outcry stopped Clinton in 1998 from leasing California’s Long Beach Naval Yard to the Chinese firm COSCO. Even so, China can now strike U.S. targets easily from their bases in Panama, Vancouver and the Bahamas.

How did China catch up so fast? Easy. We sold them all the technology they needed – or handed it over for free. Neither neglect nor carelessness are to blame. Bill Clinton did it on purpose.

As a globalist, Clinton promotes "multipolarity" – the doctrine that no country (such as the USA) should be allowed to gain decisive advantage over others.

To this end, Clinton appointed anti-nuclear activist Hazel O’Leary to head the Department of Energy. O’Leary set to work "leveling the playing field," as she put it, by giving away our nuclear secrets. She declassified 11 million pages of data on U.S. nuclear weapons and loosened up security at weapons labs.

Federal investigators [Cox Report] later concluded that China made off with the "crown jewels" of our nuclear weapons research under Clinton’s open-door policy – probably including design specifications for suitcase nukes. Meanwhile, Clinton and his corporate cronies raked in millions.

In his book The China Threat, Washington Times correspondent Bill Gertz describes how the system worked. Defense contractors eager to sell technology to China poured millions of dollars into Clinton’s campaign. In return, Clinton called off the dogs.

Janet Reno and other counterintelligence officials stood down while Lockheed Martin, Hughes Electronics, Loral Space & Communications and other U.S. companies helped China modernize its nuclear strike force.

"We like your president. We want to see him reelected," former Chinese intelligence chief General Ji Shengde told Chinagate bagman Johnny Chung. Indeed, Chinese intelligence organized a massive covert operation aimed at tilting the 1996 election Clinton’s way.

Clinton’s top campaign contributors for 1992 were Chinese agents; his top donors in 1996 were U.S. defense contractors selling missile technology to China.

Clinton recieved funding directly from known or suspected Chinese intelligence agents, among them James and Mochtar Riady who own the Indonesian Lippo Group; John Huang; Charlie Trie; Ted Sioeng; Maria Hsia; Wang Jun and others.

Commerce Secretary Ron Brown served as Clinton’s front man in many Chinagate deals. When investigators began probing Brown’s Lippo Group and Chinagate connections, Brown died suddenly in a suspicious April 1996 plane crash.

Needless to say, China does not share Clinton’s enthusiasm for globalism or multipolarity. The Chinese look out for Number One.

"War [with the United States] is inevitable; we cannot avoid it," said Chinese Defense Minister General Chi Haotian in 2000. "The issue is that the Chinese armed forces must control the initiative in this war." Bill Clinton has given them a good start.

The Idiot's Guide to Chinagate:
http://www.richardpoe.com/column.cgi?story=125

or,
http://www.newsmax.com/archives/articles/2003/5/26/214938.shtml
(this version hasn't the necessary hyperlinks, but the above doesn't seem to be available any longer)
_________________________________

Related Stories
Richard Poe, "Chinagate: The Third-Way Scandal" (June 3, 1999)
Christopher Ruddy, "Russia and China Prepare for War: Parts I - VIII," NewsMax.com (March 9 -18, 1999)

15 posted on 11/19/2008 6:07:39 PM PST by ETL (Smoking gun evidence on ALL the ObamaRat-commie connections at my newly revised FR Home/About page)
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To: nickcarraway

When the Clintons are tied to this man...3 years is a death sentence. Ask McDougal.


16 posted on 11/19/2008 6:09:30 PM PST by DCPatriot ("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
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To: Bean Counter

Put your elbows on the table,
turn your head to the right and sneeze.


17 posted on 11/19/2008 6:22:13 PM PST by billorites (freepo ergo sum)
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To: nickcarraway; All

So what ever happened to the case against Hillary that Doug from upland was involved with?


18 posted on 11/19/2008 10:09:09 PM PST by Revel
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To: nickcarraway

Everybody surrounding the Clintons ends up in jail, yet they always manage to skate off.


19 posted on 11/20/2008 12:41:59 AM PST by Bon mots
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