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Darrell Issa, secured Nearly $1 Million In Earmarks Potentially Benefiting Real Estate he owns

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Bill USA Donating Member (628 posts) Send PM | Profile | Ignore Mon Apr-04-11 03:26 PM
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Darrell Issa, secured Nearly $1 Million In Earmarks Potentially Benefiting Real Estate he owns
GOP's Chief Inquisitor, Darrell Issa, secured Nearly $1 Million In Earmarks Potentially Benefiting Real Estate he owns.

http://thinkprogress.org/2011/03/30/issa-earmark-property

As Roll Call reported earlier this month, Rep. Darrell Issa (R-CA) has a history of blending his personal business interests with his work as a member of Congress. Companies owned by the Issa family, including a firm called DEI (an acronym for Issa’s initials), set up websites to channel users to Issa’s official congressional campaign website. After Roll Call made an ethical inquiry to Issa, he changed the website.

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. A map showing the location of Issa’s property, and the road, is below:

Issa has said that an “earmark is tantamount to a bribe.” While Issa has handed out earmarks to his campaign donors in the past, in this case, he appears to be helping himself
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This was previously posted here, by kPete (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4793500 ) but I thought just in case anybody missed it I would make sure they were aware of Issa's duplicitous behavior....I know, SOP for a Corporate Lobbyist Party member, but we need to make note of these things...especially since you will never hear this mentioned on Corporate Media.




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FSogol Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 03:27 PM
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1. K & R. Wish I could Rec it 100x. n/t
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 03:32 PM
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2. Recommended because he's my Luddite sister's criminal congressman.
It's a tradition. Their last one, Duke Cunningham, went to jail. Maybe one day Issa can have the same cell. Maybe put a plaque on it: Reserved for California congressmen only.
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 03:43 PM
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3. Oh, if only the Chairman of the House Committee on Oversight and Government Reform knew about this.
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