Obama And That Other Ponzi Scheme

President-elect's name may emerge in Norman Hsu fraud trial

 DECEMBER 31--As if being linked to one high-profile criminal case weren't enough, President-elect Barack Obama's name may soon pop up in another federal prosecution, this one involving a massive Ponzi scheme (no, the other massive Ponzi scheme). In addition to the Rod Blagojevich pay-for-play probe, Obama could figure in the upcoming fraud trial of Norman Hsu, the disgraced Democratic fundraiser who was charged last year with operating a $60 million pyramid scheme. According to investigators, Hsu, a major Hillary Clinton fundraiser, pressured investors to donate money to political candidates with whom he was aligned. In a letter last week to U.S. District Court Judge Victor Marrero, Hsu's lawyer, Martin Cohen, requested a 60-day delay in the start of Hsu's trial, scheduled to open January 12 (Cohen cited the "extraordinary level of negative publicity" generated by the recent arrest of alleged Ponzi schemer Bernard Madoff). In his December 22 letter, a copy of which you'll find below, Cohen also noted that Hsu was already "notorious for his political activities" and that it was "inevitable" that his client's "connections" to Bill and Hillary Clinton "and other democratic notables--including perhaps the president-elect--will be introduced at trial."

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Sooo, we see another corrupt connection by the Dems and the unvetted "president elect".   and this one involves ALOT more funny money and a wide range of Ponzi like political schemes! Will Obama step on the wrong mine eventually and will we watch it blow up in his face??? All criminals get caught eventually, and I think Obama's minefield is loaded!