Urbin Report

Thursday, May 26, 2005

HRC Fund Raising Criminal Investigation update

Y'All remember David Rosen. If not, check here, here, here, and here.

CNN has an update on his criminal felony trial involving his job a fundraiser for HRC during her Senate run.

Rosen faces two counts of making false and fraudulent statements to the Federal Election Commission for allegedly filing reports saying the event cost only about $400,000 when it really cost $1.2 million.

Prosecutors said the underreporting was designed to provide Hillary Clinton with more money for her campaign.

[Rosen] blamed the problems on event organizers Peter Paul, a three-time convicted felon who underwrote the affair, and Paul's business partner, Aaron Tonken, who is serving a five-year prison sentence for fraud.


The key here is that Rosen's doctoring of the books allowed HRC's senate campaign access to hard money (which she was chronically short of) at a critical time in the campaign.

Dick Morris pointed this out:
If the real cost of the event were $1.2 million instead of $400,000, the campaign would have had to use hard money to make up the difference. The Hillary Clinton campaign would have had $800,000 less of hard money to spend running TV ads and funding get-out-the-vote operations.
...
Did Hillary know? Paul and Tonken say she did, and it seems obvious that she must have: Hillary followed every dime in her campaign, personally calling donors for most of it. How could she possibly not have known of a decision that saved her $800,000?


So what we have here is really an $800,00 illegal campaign funding donation that quite possibly made HRC's victory possible.