John Fund passed along a report that renewed my frustration. People feel the need to concoct all sorts of shenanigans to circumvent the absurd campaign finance laws.
Mr. Hsu later became one of Mrs. Clinton's top bundlers--powerbrokers who collect many small donations for delivery to candidates. He brought in hundreds of thousands of dollars to her and other Democratic causes. The Wall Street Journal reports that many of the contributions came from "people who had no prior history of political giving or obvious means for paying."I regret that we've created a market for people like Hsu. Reports are now coming in that Clinton will return all the money associated with Hsu. She shouldn't have to, but she really has no choice.
Take the Paw family of Daly City, Calif., which is headed by a mail carrier who makes $49,000 a year. Members of the family have given almost $300,000 to politicians, including Mrs. Clinton and Mr. Obama, since 2004, often on or about the same days that Mr. Hsu gave money. The U.S. Justice Department is investigating whether any Hsu donors were illegally reimbursed for their contributions.
Of course, John McCain is a mastermind behind this reform. It will give me pause in supporting him if he is the GOP candidate.