NYC’s John Liu, One of Beijing's Top USA Agents, Continues Political Freefall

By:  William F. Jasper
04/04/2012
       
NYC’s John Liu, One of Beijing's Top USA Agents, Continues Political Freefall

New York City Comptroller John Liu’s multiplying political misfortunes may prove to be a serendipitous blessing for America. According to reports from various New York media outlets — most of which, until recently, were singing his praises — additional arrests and indictments of Liu’s donors and campaign staff may be coming soon. As reported previously in The New American, Liu has suffered a series of stinging blows, with his top campaign financiers being arrested for funneling illegal cash into Liu’s coffers through fraudulent “straw donors.”

 

New York City Comptroller John Liu’s multiplying political misfortunes may prove to be a serendipitous blessing for America. According to reports from various New York media outlets — most of which, until recently, were singing his praises — additional arrests and indictments of Liu’s donors and campaign staff may be coming soon. As reported previously in The New American, Liu (photo) has suffered a series of stinging blows, with his top campaign financiers being arrested for funneling illegal cash into Liu’s coffers through fraudulent “straw donors.”

Liu, a Democrat and the first Asian-American to win major elective office in New York, was once the golden boy of Manhattan politics. But he is quickly becoming a political pariah, his hopes for becoming mayor of one of the planet’s most important cities now growing less likely with each passing day — and each new scandal.
 
As comptroller, Liu oversees an annual budget of $65 billion and a pension fund of $120 billion, giving him enormous political and economic clout. But many observers expect him to be ousted from that position in the near future.
 
In a recent story for the Huffington Post, Gerald Benjamin, a political science professor at the State University of New York at New Paltz, predicted that Liu has "effectively been taken out of the picture for the current cycle" for the mayoral race. “If he survives this process, which is still in question ... then the test will be whether he can be nominated and re-elected to his current position," Benjamin said.

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Photo: John Liu

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