The Washington Post did an investigation into some of the real estate sales made by members of Congress. The targets in this article are Ken Calvert (R, CA-44), Gary Miller(R, CA-42) and Denny Hastert. Calvert first:
Last year, Calvert, the California Republican congressman, and a business partner bought a four-acre parcel near the March Air Reserve Base in Riverside County, Calif., for $550,000. He then secured $8 million for a planned freeway interchange 16 miles away, an additional $1.5 million to support commercial development around the airfield, and sold the property less than a year later for almost $1 million.(WaPo 6/22)
Wow, that’s a pretty sweet deal. He makes almost a half of a million buck just for slipping in a few earmarks. Miller’s story is pretty much the same:
Miller, the other California Republican, helped secure $1.28 million in last year’s highway bill for street improvements near a planned residential and commercial development in Diamond Bar, Calif., that he co-owns with a top campaign contributor.
Ho-hum, Ho-hum, what’s a few million amongst great friends, especially when it’s taxpayer money. Good Work guys, you are the best taxpayer-fleecing Reps since, well, uh, Duke Cunningham.