Assigned Reading: U.S. Charges Obama Fundraiser in $290 Million Fraud (FROM:Reuters)
“For more than 10 years, Hassan Nemazee projected the illusion of wealth, stealing more than $290 million so that he could lead a lavish lifestyle and play the part of heavyweight political fundraiser,” United States Attorney Preet Bharara in Manhattan said in a statement.
Two things come to mind immediately:
First, Hassan Nemazee seems like a microcosm of the American federal government under both Barack Obama and George W. Bush — projecting the illusion of wealth and taking a boatload of money from taxpayers that it was not entited to, all in order to play the part of a heavyweight broker of social justice and perceived fairness.
Secondly–and perhaps this is a little xenophobic of me–I’m not too comfortable with a heavy contributor to the Secretary of State and one of the president’s top campaign “bundlers” being a board member on an Iranian-American PAC, especially considering the concessions we’re about to make to a nuclear Iran. Campaign finance, though, is always a fine line to toe because of the very nature of officials on both sides of the aisle feeling beholden to contributors. Still, that little detail jumped out at me.