Hsu, a big-time contributor to the Hillary Clinton campaign, is in a Colorado jail awaiting extradition to California, to face 15-year-old criminal charges involving another fraud case.
Rendell had this to say about Hsu as recently as Sept. 1: "He is a man who has proved himself to be of good character," Rendell told The Philadelphia Inquirer in a story titled, "Rendell: Don't Rush to Judge Fund-raiser."
Rendell, a two-term governor of Pennsylvania and the former chairman of the Democratic National Committee, told the newspaper he had socialized with Hsu about 15 to 20 times over the years. He said he met Hsu "through my work" as chairman of the Democratic National Committee in 2000.
The newspaper reported Rendell received nearly $40,000 from Hsu during 2005 and 2006, according to state campaign-finance records. Pennsylvania does not limit the size of contributions.After initially refusing to give up the tainted money, Rendell gave in to mounting pressure as the Hsu scandal grew and donated the $40,000 to nine charities in Pennsylvania.
Hsu's ongoing legal troubles and his shady dealings involving Clinton, Rendell and other Democrats, is the tip of the iceberg. Money has corrupted the American political system and nobody has taken advantage of loopholes in campaign finance laws more than the Democratic Party.
We face the prospect of the likely Democratic presidential nominee, Hillary Clinton, dividing her time between campaign stops and testifying in the various fraud trials Hsu is facing in 2008.