Reid is not getting kickbacks from the contractors and if Reid is not promoting other projects that benefit him personally, it may not be such a big deal. From other accounts I have read, it appears that he did not hide the fact that he owned the property. It may be that this was a local issue that really has merit and that Reid was aware of it because he has ties to the area. We should hold Democrats to the same high standard of ethics to which we hold Republicans. But, we need to find out more about this situation before assuming that Reid's support of this project was a form of corruption. Did he support the profit for his gain, or did he support it to help his neighbors and his community? Did he gain more from the project than others in the community in question? Does the project serve the interests of the people of Nevada. Was the cost of the bridge reasonable? Did Reid receive any kick-back money? Did Reid have a say in precisely where the bridge was located? Depending on the facts, we can determine whether Reid is yet another politician in it for the money. We don't have enough information at this point to decide that. You can't conclude that Reid did anything improper just because his property became more valuable due to the bridge.
It looks like Reid owned the property a long time before the building of the bridge was an issue.
Reid's interest in the Arizona land dates back more than 20 years and, according to his staff, has been a long-running headache. He paid about $150,000 for 100 acres of the Bullhead City parcel, and his longtime friend Clair Haycock bought the remaining 60 acres for $90,000.
http://www.latimes.com/news/politics/la-na-earmarks13nov13,0,6626376,full.story?coll=la-home-headlinesIt also appears likely, objectively speaking, that the bridge is needed.
Development is booming in the area and local officials in Laughlin and Bullhead City support a new crossing to ease traffic on the one existing bridge. They also expect it would add to property values.
. . . .
After the Los Angeles Times published a story on the issue Monday, Reid's office issued a five-page fact sheet in response.
According to the statement, Laughlin officials began pushing for another bridge after the nearby Hoover dam crossing was closed because of security concerns after the Sept. 11, 2001, terror attacks, pushing traffic onto a single Laughlin-Bullhead City bridge.
http://news.yahoo.com/s/ap/20061113/ap_on_go_co/reid_bridge&printer=1Now, is the amount to be paid for the bridge unreasonable? Is there something else "wrong" about the deal? There could be, but based on the facts in these two articles, we can't know.
Members of Congress, and Representatives more than Senators, are supposed to represent the interests of their local communities. There is nothing wrong with promoting a project that will promote prosperity in the area that you represent. It depends on all the facts of the situation.