September 2, 2007

money_politicspt.jpg August was a disastrous month for Republicans and the Romney campaign took a huge hit when it's national finance committee co-chairman, Alan B. Fabian was charged in a 23 count indictment, including charges of money laundering, mail fraud, perjury and obstruction of justice. It's reported Fabian, a former Bush Pioneer, allegedly ran a scheme that netted him millions of dollars which were used to purchase beach front property and travel. The Romney campaign said they would return Fabian's $2,300 campaign donation, but not funds donated by others through him. Fabian stepped down from Romney's campaign shortly after his August 9th indictment -- but you may not have heard much about this scandal.

However, you may have heard of a scandal involving Senator Hillary Clinton's campaign and a less-than savory character named Norman Hsu. According to reports from the LA Times, Hsu skipped out on a 1991 plea agreement in San Mateo Co. CA, in which he was to serve three years for grand theft. Hsu, who turned himself in to authorities in CA on Friday and awaits a September 5th bail hearing, became a top Democratic fundraiser and contributor to Hillary Clinton's campaign as well as other Democratic candidates, including Senator Barack Obama, much of which was laundered through others. The Clinton campaign has agreed to return $23,000 in campaign donations from Hsu, and Obama has agreed to donate his $2,300 donation to charity.

While both scandals hold equal potential for damage to the respective candidates involved, the media, for unknown reasons, gave Mitt Romney a pass, while devoting ample time to Hsu and the Clinton campaign. According to Media Matters, NBC, CNN and FOXNews all covered the Hsu scandal, but none of the aforementioned networks dedicated any time to the Romney/Fabian scandal that can be found in the Nexis database. More from Media Matters:

Summary: In recent days, NBC, CNN, and Fox News have all aired reports or discussed the case of Norman Hsu, who The Wall Street Journal suggested may have funneled illegal campaign contributions to Sen. Hillary Clinton. However, when Mitt Romney's national finance committee co-chairman Alan Fabian was charged with mail fraud, money laundering, bankruptcy fraud, perjury and obstruction of justice, the three networks did not report or discuss it during programs available in the Nexis database.

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