Sep 212007
 

The WSJ continues to pursue the Hsu campaign finance scandal.   It now reports this about what Hsu was trying to accomplish.

Federal prosecutors said in a criminal complaint that Democratic fund-raiser Norman Hsu pressured investors to make campaign contributions through him in order to raise his public profile — then used his prominence to find more investors for illegal Ponzi schemes.

Link: Hsu is accused of Ponzi scheme

But why isn’t anybody asking the next question:  Why Hillary?

Contributors who are looking for some advantage usually hedge their bets by contributing to both parties.  Even a leftwing partisan like Steve Jobs tossed a $1000 bone to Republicans.   Bill Gates contributes to both parties.  So why did all of Hsu’s money go to Democrats, and such a large amount of it to Hillary?

It’s tempting to snark about the Ponzi aspects of Hillary’s ideas on social security or health care.  But really, what kind of reason would that be for Hsu to orchestrate so much money to be sent to her campaign.

If he’s looking for more investors, wouldn’t he want to find some rich Republicans to invest in his schemes?  And wouldn’t the way to do that be by donating money among Republican candidates, too?