More lies, obviously.

It’s another example of this communists plan for ‘redistribution of the wealth’ – steal it from somebody else and give it to me!

When will at least one of these sleazy Clintons be indicted, prosecuted and put in prison?

Hillary returning the Hsu money

Kerry releasing his military records

Malkin appearing in a Girls Gone Wild video.

My money’s on Malkin at 300,000,000,000:1 odds. No way those other things will ever happen.

Check out Duncan Hunter’s speech sponsored by Townhall.com: http://www.gohunter08.com

Why hasn’t Hillary refunded Hsu’s bundles yet?

… Cause it’ll look bad if the screeching crow’s fund raising income goes negative before he primaries …

Miss_Anthrope on September 20, 2007 at 1:51 PM

No, that was my mistake for not being clear.

A factoring company takes your receivables and loans you money on those receivables, sometimes 80% or as high as 90% (very rare). They then collect the receivables when the receivables are due, and keep the difference which would be 20% on the 80% loan (often if your accounts pay late, a penalty fee is imposed, you can imagine the different variabls in setting this up). You get the money immediately, but you are paying 20% for that service. But you get immiediate operating capital, or immediate money to give to your favorite senator.

Factoring companies always make sure you ship the product, they look at your beginning inventories and your ending inventories to make sure you are manufactuiring what you say. They look at the shipping records, and receive the copies of the signed bills of lading. They in essence become a business partner. More often all bills are paid to a collection agency. The factoring company becomes your accounts receivables division. However, non-collection falls on you. If your sales drops off, then they will loan only 80% of the outstanding bills. And without going into details, that puts you in a tailspin if you are the manufacturer looking to buy inventory.

There is a little more to it than this, but this is close. As a ponzi scheme he may have just continually increased his receivables, more than likely they were in cahoots.

Hillary Clinton is beginning to look unstoppable. Rasmussen reports (yesterday) that; She holds a 2-1 lead over Senator Barack Obama garnering 40% to Obama’s 20%. and her favorable rating is 81% among Democrats and her negative rating is only 17%…….

I don’t know whether to run out and buy Bill’s book, Giving, or hold out for the box set with Hillary’s Taking.

saint kansas on September 20, 2007 at 2:40 PM

I’m saving that one.

dbdiva on September 20, 2007 at 1:21 PM

Thanks for the info. My local upstate NY paper refuses to publish any of this.

She adds, “Hsu also admitted that he made implied threats to his investors to pressure them to contribute to political candidates he supported.”

William Amos on September 20, 2007 at 2:47 PM

Hmmmm. I wonder what the nature of those threats were. Something like, Have you ever been to Ft. Marcy Park?

Google link to WSJ article:

Arrest Warrant Is Issued for Hsu – WSJ.com
Paul Su, the head of the household, says he is the president of Dilini Management Group LLC, according to campaign finance reports. Mr. Hsu once said he was …
online.wsj.com/article/SB118901034603118201.html – Similar pages

I did find an excerpt from the article at a blog:

Data show that Mr. Hsu often made donations to the same candidates on the same dates as did several occupants of a home in Dix Hills, N.Y., just outside of New York City. Paul Su, the head of the household, says he is the president of Dilini Management Group LLC, according to campaign finance reports. Mr. Hsu once said he was president of that company. Mr. Hsu also once listed Mr. Su’s house as his address. Mr. Su couldn’t be reached for comment.

Still, nothing seems to mention the Paul Hsu and Paul Su mixup.

FEC reports for Paul Hsu also list a “DILINI OLANA GZUZWI”. I have no idea what “Olana Gzuzwi” means.

This is so complicated, I’d hate to be one of the government agents trying to unravel this crazy scheme.

I don’t know whether to run out and buy Bill’s book, Giving, or hold out for the box set with Hillary’s Taking.

saint kansas on September 20, 2007 at 2:40 PM

LMFAO!!!

http://www.9news.com/rss/article.aspx?storyid=77660

Democratic fundraiser released to Calif. officials

posted by: Sara Gandy , Web Producer created: 9/20/2007 12:19:57 PM
Last updated: 9/20/2007 12:24:37 PM

Set 9NEWS as your homepage

Click to enlarge

Attorney: Hsu thought he was getting on train
Report: dispatchers identified fugitive Democratic fundraiser
Fundraiser waives extradition; suicide note mailed to Innocence Project
Disgraced fundraiser Norman Hsu in jail
Clinton to return $850,000 raised by Hsu
Disgraced Demo fundraiser may head to jail from hospital
Disgraced Democratic donor arrested in Colorado

——————————————————————————–
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GRAND JUNCTION – Mesa County sheriff’s officials say former Democratic fundraiser Norman Hsu has been released into the custody of officials from California.

Hsu faces a 15-year-old felony theft conviction in California revolving around a grand theft case.

At the end of a 16-page criminal complaint filed Thursday against Hsu are lines indicating that Hsu admitted his guilt to the FBI.

FBI Special Agent Patricia O’Connor writes that on Sept. 14 Hsu was interviewed by two FBI agents in Colorado.

“HSU then waived his Miranda rights and admitted to the FBI agents that he used Components Ltd. and Next Components Ltd. for “phony” deals. Hsu also admitted that the phony deals involved investments in the sale and distribution of items that did not actually exist, and that he used money he obtained from newer investors to pay initial investors.”

She adds, “Hsu also admitted that he made implied threats to his investors to pressure them to contribute to political candidates he supported.”

This part of the story, I thought, was a bit odd

4shoes on September 20, 2007 at 2:34 PM

Agreed.

Paul Su is married to Lelawattie Su, and Paul Su supposedly worked for Norman Hsu at “Dilini” Mangement.

I don’t think that Paul Hsu exists at all, and this was a mistake by the bundler’s typist, who made a sort of Freudian illegal donor’s slip.

Maybe they are taking info over the phone and if English is not their native language “Crowdwood” and “Candlewood” could be confused?

But the 37-year-old Ms. Layton says she and her husband were reimbursed by her husband’s boss for the donations. “It wasn’t personal money. It was all corporate money,” Mrs. Layton said outside her home here. “I don’t even like Hillary. I’m a Republican.”

This part of the story, I thought, was a bit odd… So, if she and her husband didn’t funnel the money for the boss, what, would Mr. Layton lose his job at the law firm, be punished in some way…? If it were me, the clue phone would be ringing; Hello? Time to look for another job!