The Washington Post reports that the lovely Senator from California, Ms. Feinstein and her husband made some ‘lucky’ deals:
On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband’s real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms.
Mrs. Feinstein’s intervention on behalf of the Federal Deposit Insurance Corp. was unusual: the California Democrat isn’t a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC; and the agency is supposed to operate from money it raises from bank-paid insurance payments – not direct federal dollars.
Documents reviewed by The Washington Times show Mrs. Feinstein first offered Oct. 30 to help the FDIC secure money for its effort to stem the rise of home foreclosures. Her letter was sent just days before the agency determined that CB Richard Ellis Group (CBRE) – the commercial real estate firm that her husband Richard Blum heads as board chairman – had won the competitive bidding for a contract to sell foreclosed properties that FDIC had inherited from failed banks.
About the same time of the contract award, Mr. Blum’s private investment firm reported to the Securities and Exchange Commission that it and related affiliates had purchased more than 10 million new shares in CBRE. The shares were purchased for the going price of $3.77; CBRE’s stock closed Monday at $5.14.
Wow. Feinstein gives some money to the FDIC, despite not being a member fo the group that determines their funding, magically her husband’s business gets a deal with the FDIC, and then Feinstein’s hubby invests and the stocks magically go up about 40%… in this economy.
In other news, another Democrat (Hope and Change didn’t motivate them I guess), likes to sell out to Israel.
Rep. Jane Harman , the California Democrat with a longtime involvement in intelligence issues, was overheard on an NSA wiretap telling a suspected Israeli agent that she would lobby the Justice Department reduce espionage-related charges against two officials of the American Israeli Public Affairs Committee, the most powerful pro-Israel organization in Washington.
Harman was recorded saying she would “waddle into” the AIPAC case “if you think it’ll make a difference,” according to two former senior national security officials familiar with the NSA transcript.
The phone call ended with her stating, “This conversation doesn’t exist.” Seems strange to say that if the conversation was above board. She is denying that all this took place and is trying to act as if it’s all one big conspiracy against HER. No doubt that it is, and she is a mark of the Republican Smear Machine.
Anti-American former Marine Murtha (wait, ANOTHER Democrat?) seems to be in hot water too:
Spring in Washington is “earmark season” – a busy time for Congressman John Murtha.
“That’s my business,” Murtha said. “I’ve been in it for 35 years.”
As head of a powerful Defense committee, Murtha controls hundreds of millions of taxpayer dollars, reports CBS News investigative correspondent Sharyl Attkisson. And he’s not shy about directing money to those who give generously to his election campaigns.
CBS News has learned that this month, Murtha is steering new earmarks toward 10 companies that recently donated to his campaign.
Murtha wants $8 million for Argon ST, a defense contractor whose CEO gave Murtha the maximum allowed by law – $2,400 by an individual. He’s directing a $5 million earmark toward Advanced Acoustic Concepts, which also gave the max – $5,000 for a political action committee – to his campaign. In all, 10 recent Murtha donors are slated to receive $31 million in Murtha earmarks for 2010.
Impressive. Nice return on another investment by Democrats giving money to or through Congress. Again, it is to be noted that over 75% of all money from lawyers goes to Democrats, and it is lawyers who write the laws and chase the ambulances LOOKING for ways to swindle.
All of this is happening under the nose of the President of the Hope and Change Club, Barry Obama — and in his own party from his own supporters. I guess the support is on the surface only because they certainly did not take the idea to heart. Spread the wealth sure does apply if you’re a member of Congress.
How much longer will we, as Americans, put up with this corruption and elitism? America voted, and now America is getting exactly what it asked for.
Zeno Sees, Zeno Writes 