September 21, 2007

Hsu Confesses to Massive Fraud - Now Will Tennessee Democrats Give Up Their Hsu Money?

Terry Frank wonders if, now that big-time Democratic Party fund-raiser Norman Hsu has confessed to orchestrating a massive fraud scheme, "will the Tennessee Democrat Party return the $58,000 they received in 2006 to run state and federal races?"

I hope the Tennessee Democratic Party - which received more donations from Hsu than any other single recipient nationwide - will do the right thing and escrow the money to be returned to Hsu's victims, but I predict the TDP will offer up new reasons why it can't divest itself of the money. They'll repeat that it's already been spent. They'll say the decision to accept it was made by the previous party leadership, that the books are closed, and that it's old news. They'll talk about "the Gregory family," in reckless disregard of the facts. But, I predict, they won't give up the $58,000 money that Hsu got from defrauding others.