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Wednesday, March 30, 2011

Darrell Issa, worth $164 million, needs help from Congress

[Here's a link to the thinkprogress article.

The sad part is that this probably won't even get any traction or media attention: This kind of thing is just business as usual.]

Crooks are Crooks

by digby (at Hullabaloo)

Oh my goodness, I think someone's going to have to convene an investigative hearing:

ThinkProgress has discovered more troubling evidence that Issa may have blended his work as a lawmaker with his own business empire. After founding a successful car alarm company, Issa invested his fortune in a sprawling network of real estate companies with holdings throughout his district. One of Issa’s most valuable properties, a medical office building at 2067 West Vista Way in Vista, California, is called the Vista Medical Center, and was purchased in 2008 for $16.6 million. Described as “a long-term investment,” the property was bought by a company called Viper LLC, a business entity operated by Issa’s family that Issa has up to a $25 million dollar stake in.

Around the same time Issa made the Vista Medical Center purchase, the congressman began requesting millions of dollars worth of earmarks to widen and improve the highway adjacent to the building. In 2008, he requested $2 million to expand West Vista Way, the road in front of his “long-term investment,” but only received $245,000 from the government. The next year, Issa made another earmark request for improving the West Vista Way highway next to his building. He earmarked another $570,000, bringing his total to $815,000, to add parking lots, widen the road, add bus stops, improve the sewer system, and other utility work.
One of the things I love best about the Republicans is their remarkable ability to embody everything they purport to hate. It's like a mass personality disorder.

Issa is, and was, a crook. It's his defining characteristic. Why anyone thought it was good idea to put him in charge of an investigative committee is anyone's guess. (Maybe they just didn't have anyone better?)

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