Another Democrat with a government land deal!

posted at 10:00 am on August 14, 2008 by Ed Morrissey

Move over, Harry Reid — Rep. Heath Shuler (D-NC) has become the new king of Capitol Hill real-estate riches.  The Tennessee Valley Authority just announced a new water-access deal for members of an investment group, which includes Shuler, the former Volunteer quarterback.  Just coincidentally, Shuler happens to sit on the House subcommittee that oversees the TVA (via Instapundit):

TVA has approved a water-access deal for a development group whose investors include U.S. Rep. Heath Shuler, D-N.C., who sits on a committee that exercises oversight of the federal utility.

On June 3, TVA CEO Tom Kilgore approved a transaction that provides 145 feet of water-access rights along the shoreline of Watts Bar Reservoir in Roane County to an entity called The Cove at Blackberry Ridge LLC. In exchange, The Cove agreed to relinquish 150 feet of water-access rights in Rhea County and also provide approximately $15,000 for a bank stabilization project at a different location on Watts Bar Reservoir.

Investors in The Cove at Blackberry Ridge include Shuler, a first-term Democrat from western North Carolina who is a former star quarterback for the University of Tennessee football team. Shuler sits on the House transportation committee’s Subcommittee on Water Resources and the Environment, one of two congressional panels that provide formal oversight of TVA.

A financial disclosure statement filed by Shuler for 2007 showed his investment in The Cove fell in a range between $5 million and $25 million.

Wow.  I guess a middling career in the NFL still pays pretty well, huh?  He has at least $5 million tied up in The Cove, and perhaps as much as $25 million.  With that kind of investment, I’d say that Shuler needs to make sure it pays off for him, right?

How fortunate he just happens to sit on the committee that can make TVA’s life very, very uncomfortable.  I’m sure that all of this is just coincidental, though.  Shuler probably cares more about good water access policy than he does about millions of his own money going down the drain … right?

Right?

Sure.


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For how long, people, for how long?

davidk on August 14, 2008 at 10:04 AM

Uh oh…

robblefarian on August 14, 2008 at 10:05 AM

Most ethical congress…..ever?

thekingtut on August 14, 2008 at 10:06 AM

The most ethical Congress… EVAH!

SilverStar830 on August 14, 2008 at 10:06 AM

The same group of thieves that want to tax the bejeesus out of Energy companies for actually making money or that would send any CEO to jail for similar activities. It is a national disgrace that these men are still allowed to work in politics,period.

bbz123 on August 14, 2008 at 10:06 AM

Can you say “Windfall Profits Tax”?

Oh wait, that’s held back exclusively for those evil oil companies…never mind citizens…move along…there is nothing to see here.

PappaMac on August 14, 2008 at 10:08 AM

Since he’s kind of a celebrity, the MSM might actually report on this. I’m guessing the MSM addiction to celebrity news will trump the usual Democrat exemption from negative coverage.

forest on August 14, 2008 at 10:09 AM

Drain teh swamp!!!!1

Hoodlumman on August 14, 2008 at 10:11 AM

I’m sure he thought Quid Pro Quo was a cornerback.

eaglesdontflock on August 14, 2008 at 10:11 AM

What the hell is with the politicians from N. Carolina? Edwards now Shuler? Time for N. Carolinians to do some serious house cleaning. One down…..how many more to go?

Winebabe on August 14, 2008 at 10:11 AM

I wonder,

how long it’ll take, for investment to move from the evil “Big Oil” to the righteous “Big Wind” and “Big Solar” and collapsing the whole economy?

franksalterego on August 14, 2008 at 10:11 AM

Sounds like it’s time for another ethics investigation…into Republican Congressman delivering baby’s for free!

Queasy on August 14, 2008 at 10:12 AM

Apparently the term “conflict of interest” doesn’t exist any more. These folks sure do become wealthy after they get elected. Must be lots of money honeys around DC and the state capitols to make sure these people are taken care of.

The place is so corrupt there is no way to fix it except a total purge.

Terri on August 14, 2008 at 10:12 AM

I’ll retract my previous post. It may get reported, but the “Democrat” part will be left out of the stories. How could I forget that old trick?

forest on August 14, 2008 at 10:13 AM

Hey I know lets elect Obama to keep the congress in check!

elduende on August 14, 2008 at 10:13 AM

I guess a middling career in the NFL still pays pretty well, huh?

Middling? Heath sucked. When even Gus “Headbutt” Frerotte outplays you, I guess it’s time to get into Congress and turn on the free other people’s money, huh?

fiatboomer on August 14, 2008 at 10:15 AM

How fortunate he just happens to sit on the committee that can make TVA’s life very, very uncomfortable. I’m sure that all of this is just coincidental, though. Shuler probably cares more about good water access policy than he does about millions of his own money going down the drain … right?

Just about as much interest as Pelosi has in CLNE

NEW FTC Rule Could Apply to Pelosi

Dr.Cwac.Cwac on August 14, 2008 at 10:16 AM

Come on! What have you people got against capitalism.

thekingtut on August 14, 2008 at 10:20 AM

Some genius recently floated Shuler as VP material.

As if.

JammieWearingFool on August 14, 2008 at 10:21 AM

The blue dog makes his bones.

mymanpotsandpans on August 14, 2008 at 10:23 AM

Heath Shuler was one of the biggest busts in the history of first round NFL selections. The Redskins already had Gus Ferrate, who was then and now a superior quarterback to Shuler. But the Skins had a top pick in the draft and decided they needed a glamour guy at the QB positions. Shuler did nothing in the pros after receiving an enormous contract. He was injured alot but even when he was in the game, he did not understand NFL defenses, could not throw in the face of the rush and was a lackluster runner. The American Spectator, a magazine the leftwing loves to demonize, wrote presciently at the time of the stupidity of choosing Shuler over Ferrate. And Gus has had a solid NFL career. I think he is still on an NFL roster somewhere. Mike Ditka, for reasons known only to himself, decided to bring Shuler to New Orleans and Ditka briefly gave him the starting job. Shuler was just as bad with the Saints as with the Redskins. Yes, Shuler good post good numbers throwing at a tough Vanderbilt secondary but against an NFL defense, Heath was like a deer in the headlights. I think he took one look at LT and said “I’m outta here”.

Larraby on August 14, 2008 at 10:27 AM

A crooked dem and a Deadskin? Hell yeah. Put him away.

thekingtut on August 14, 2008 at 10:32 AM

I stand corrected Silverstar. Most ethical congress EVAH! Heh heh. I still smirk when I hear that. As if we’ll ever get an ethical dem controlled congress.

thekingtut on August 14, 2008 at 10:34 AM

The media can still identify him without giving his party. How’s this: “Heath Shuler, a Southern conservative who co-sponsored an anti-immigration bill, was charged with a conflict of interest …”

See, that was easy.

BuzzCrutcher on August 14, 2008 at 10:35 AM

That’s one helluva investment range.

tree hugging sister on August 14, 2008 at 10:38 AM

Heath Shuler, a Southern conservative who co-sponsored an anti-immigration bill, PRO-LIFE, was charged with a conflict of interest …

Democrats are winning in the South with conservative candidates while Republicans are trying to be more liberal. I would imagine this is par for the course for DC. How many millions has Pelosi voted herself?

ThackerAgency on August 14, 2008 at 10:57 AM

What the hell is with the politicians from N. Carolina? Edwards now Shuler? Time for N. Carolinians to do some serious house cleaning. One down…..how many more to go?

Winebabe on August 14, 2008 at 10:11 AM

Well, we do have Elizabeth Dole and Richard Burr, who don’t disappoint TOO often. There are other good Repubs, but you don’t hear about them often because they don’t do wrong. :)

But some of us have no control over idiot dems from other parts of the state electing morons like David Price or Shuler.

tickleddragon on August 14, 2008 at 11:00 AM

And Gus has had a solid NFL career. I think he is still on an NFL roster somewhere. Mike Ditka, for reasons known only to himself, decided to bring Shuler to New Orleans and Ditka briefly gave him the starting job. Shuler was just as bad with the Saints as with the Redskins. Yes, Shuler good post good numbers throwing at a tough Vanderbilt secondary but against an NFL defense, Heath was like a deer in the headlights. I think he took one look at LT and said “I’m outta here”.

Larraby on August 14, 2008 at 10:27 AM

Gus is the backup to Tavaris Jackson…sigh…for my Minnesota Vikings the next Super Bowl champions…if we just had a QB!

sabbott on August 14, 2008 at 11:06 AM

Pelosi is enriching herself by providing zillions of dollars in subsidies for wind power.

Schuler is enriching himself by using public assets to make his land more valuable.

Reid has been enriching himself through fixed real estate transactions in Las Vegas.

It would be a much better result for the taxpayer if we could frankly ask these people how much it would cost to make them go away, and we could just cut them a check. Now we have to spend a Million Dollars to spin off a Hundred Thousand Dollars of graft. If we just paid them off directly, we could save 90%.

gridlock2 on August 14, 2008 at 11:09 AM

I live in Shuler’s district, where he’s hated by Democrats for being a blue dog.
Yes, this sounds awfully fishy, but considering Shuler is pro-life, anti-amnesty, opposes gun control and voted in favor of the FISA bill, I’ll keep him.
Besides, his opponent is an absolute douchebag.

SouthernDem on August 14, 2008 at 11:18 AM

I find it comical that our legislators can put their funds into such a WIDE range. Between 5 -25 Million? They can’t narrow it down even more. Isn’t closer to..25 million?

It’s like saying I’m in the top 3 of political experts. Well that must mean I’m really NUMBER 3…otherwise, I’d be in the top TWO!

originalpechanga on August 14, 2008 at 11:20 AM

Also, from the article Ed linked, there’s this:

according to documents provided by the development group, efforts to obtain the access rights for Blackberry Cove predate his election by more than a year.

SouthernDem on August 14, 2008 at 11:24 AM

“Ethics, ethics, we ain’t got no ethics, we don’t got to show you no stinkin’ ethics…

pueblo1032 on August 14, 2008 at 12:35 PM

Mediocre QB makes it in politics…we’re seeing the future profession of Donovan McNabb. At least it will get him out of Philly.

danarchy on August 14, 2008 at 12:40 PM

SWEET! I live in Rhea (pronounced “ray” not “ruh-HEE-uh”) county.

We finally made the big time…

again.

We’ve actually been in the national news a lot lately for a county of about 30,000. Ya’ll might remember us as the county whose county commissioners voted to outlaw gays, at least that’s how the media painted it. They really just voted to reaffirm that gay marriage was not recognized in our county, but it was a pretty bad idea to even go there.

I’ve been seeing ads for Black Bear Cove for several years now, so I’m with SouthernDem on the need to note that.

Not saying Heath didn’t use his influence, but this is not reason enough to slander someone who has very conservative values. There are far more egregious abuses of power that go unnoticed or un-cared about daily.

y2church on August 14, 2008 at 1:46 PM