Feinstein routes government money to firm doing business with husband

posted at 9:28 am on April 21, 2009 by Ed Morrissey

The Washington Times reports that Senator Dianne Feinstein (D-CA) took unusual steps to route government funding to an agency that usually works from a separate stream of revenue just after the agency awarded her husband’s firm a lucrative contract.  The FDIC gave Richard Blum’s firm, property management firm CB Richard Ellis, contracts to handle residential foreclosures at a higher rate than normal market price, even though CBRE had less experience in that market than other competing firms.  And Feinstein got the FDIC the money even though she has no connection to the Senate Banking Committee, the body that normally deals with the FDIC:

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.

In other words, Richard Blum bought 10 million shares at the same time his wife arranged for an unusual and extremely large chunk of taxpayer money to go to FDIC.  Blum must have been an investment genius to guess that his wife’s intervention would coincidentally precede the FDIC’s award, making CBRE stock more valuable.  Blum’s investment made a $14 million profit for Blum and Feinstein and their partners.

But of course, that’s all just a coincidence.

The contract award to CBRE should raise a few eyebrows:

The firm, known for its commercial real estate services, is to be paid monthly maintenance fees for each foreclosed property it handles, as well as commissions and incentives. The total compensation can range from 8 percent of the sales price on many residential properties to 30 percent for properties worth $25,000 or less. A smaller firm also won a slice of the work with similar terms, records show.

Most real estate agents earn no more than 6 percent on residential, even on foreclosed properties, and CBRE doesn’t have as much experience in foreclosure sales as other firms, the experts said.

FDIC awarded this contract to CBRE even though it’s more known as a commercial real estate property management firm, and it gave them more commission than agents usually get.  Why would the FDIC deliberately award a contract at relatively unfavorable terms to a company with a weak track record in this industry?  Perhaps they knew that the contract award would net them a lot more cash than they would have to pay out, thanks to the political connections at CBRE … and they were right.

Now Feinstein wants people to believe that she and Blum had no idea that the FDIC would give CBRE this contract at the time she gave the FDIC $25 billion.  How did CBRE get the contract — a lottery?  They had to bid for the FDIC contract.  Blum obviously knew that the bid was under consideration, or he’s the most incompetent board chairman in history.  Feinstein expects us to believe that the board chairman would have no idea that his own company had a major bid under consideration for handling foreclosures at a time when foreclosures were exploding?  Is that really going to be her final answer?

At the very least, this shows a clear conflict of interest, especially with Feinstein suddenly jumping into the banking arena and FDIC at a time when her husband was doing business with them.  It looks a lot more like a payoff and a shell game to allow her family to cash in on taxpayer-funded bailout money.  (via Instapundit)

Blowback

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Comment pages: 1 2

And we all know the msm will ignore and nothing will happen.

artist on April 21, 2009 at 9:30 AM

Encore performance.

maverick muse on April 21, 2009 at 9:30 AM

Corruption? No… really?

My, my,… imagine that.

Daddy-O on April 21, 2009 at 9:31 AM

nothing to see here, move along, move along….

corruption and graft are only issues when evil right-wingers like Duke Cunningham do it…

dollar bill Jefferson, Charlie Rangel, Chuckles Schumer, DiFi, SFNan all have unimpeachable moral compasses and values…

sven10077 on April 21, 2009 at 9:31 AM

The MSM collectively have no comment.

perroviejo on April 21, 2009 at 9:31 AM

f’ing criminals

stlpatriot on April 21, 2009 at 9:32 AM

Now,, lets not rush to judgment here.
We should wait and see what the rest of the MSM has to say. I am sure the New York Times and CNN will dig deep into this.

JellyToast on April 21, 2009 at 9:32 AM

Feinstein routes government money to firm doing business with husband

Please add this: AGAIN

right2bright on April 21, 2009 at 9:33 AM

*checks party affiliation*

Nothing to see here, folks. She’s a Dem, therefore no laws were broken.

Vic on April 21, 2009 at 9:33 AM

D in front of name = perfect little angel in eyes of the MSM.

I saw her old city for about 3 hours of life just long enough to see the GGB and leave town headed south.

gsherin on April 21, 2009 at 9:33 AM

Jail. Go directly to jail. That’s completely unexcuseable, no matter which party does it.

BadgerHawk on April 21, 2009 at 9:34 AM

She’s done this before and it drew no drive-by notice.

I’m going to run for office as a dem and then go on a coast-to-coast killing spree. Upon arrival at a fundraiser in Malibu I can say that I “misspoke.”

noblejones on April 21, 2009 at 9:34 AM

Most ethical Congress in history.

DavidM on April 21, 2009 at 9:35 AM

I’ll wait to see the proof of this, first. Feinstein has always conducted herself aboveboard. You may disagree with some of her decisions, but she’s one of the most moderate and straightforward senators, in my opinion.

AnninCA on April 21, 2009 at 9:35 AM

Not the first time, his companies doing defense work also were getting contracts while she was on the Defense Appropriations committee, if that is what it is called.

No wonder she is so eager to disarm Mr. and Mrs. America. No comebacks if the sheep can’t bite.

Not my Senator, though she claims to be.

Harry Schell on April 21, 2009 at 9:36 AM

Isn’t this old news? Or was it another incident of corruption with Feinstein related to her husband?
I recall something similar a year or two ago.

carbon_footprint on April 21, 2009 at 9:37 AM

The simple fact that wholesale corruption in our government elicits nothing but a weak “ho-hum’ from the populace says volumes about the magnitude of moral and ethical decline in this poor sick old Republic.

rplat on April 21, 2009 at 9:38 AM

Blum’s wife, Senator Dianne Feinstein, has received scrutiny due to her husband’s government contracts and extensive business dealings with China and her past votes on trade issues with the country. Blum has denied any wrongdoing, however. [1] Critics have argued that business contracts with the US government awarded to a company (Perini) controlled by Blum may raise a potential conflict-of-interest issue with the voting and policy activities of his wife. [2] However, these charges have never been substantiated.

Blum did hold over 111,000 shares of stock in URS Corporation, which is now one of the top defense contractors in the United States. URS bought EG&G, a leading provider of technical services and management to the U.S. military, from The Carlyle Group in 2002. Carlyle’s trusty advisers, past and present, include former President George H.W. Bush, James Baker, and ex-SEC Commissioner Arthur Levitt, among other prominent neoconservatives and Washington power brokers.

URS and Blum have since banked on the Iraq war, scoring a $600 million contract through EG&G. As a result, URS has seen its stock price more than triple since the war began in March 2003. Blum has cashed in over $2 million on this venture alone and another $100 million for his investment firm.

“As part of EG&G’s sale price,” reports the San Francisco Chronicle, “Carlyle acquired a 21.74 percent stake in URS – second only to the 23.7 percent of shares controlled by Blum Capital.”

The Carlyle Group has long been accused of exploiting its political connections to turn a profit.

Owen Blicksilver, Blum’s spokesman, claims his boss and Sen. Feinstein have never talked shop at home in their gated mansion: “Mr. Blum and Sen. Feinstein have never had any discussions about outsourcing, government contracts, or URS.”[citation needed]

According the the Los Angeles Times, on January 16, 2009, at Blum’s office at 909 Montgomery Street San Francisco, 60 University of California (UC) workers and at least 10 UC student supporters stormed the office, chanting and posting images and words of impoverished UC service workers. The UC workers and students announced their intentions to occupy of Blum’s office until he and UC President Mark Yudof, agree to end poverty wages at UC once and for all. Beneath pictures of Dianne Feinstein and the Dalai Lama, surrounded by Tibetan prayer flags, pictures of presidents and potentates and other knick-knacks of Blum’s career, twenty people, including AFSCME members and student supporters, sat-in at and were arrested after Blum gave the SFPD his civil complaint. [[1]].

http://en.wikipedia.org/wiki/Richard_C._Blum

It’s not the first time, but do you think the MSM and Dem’s “in power” care? URS is very interesting, being it is military related and isn’t it ironic Mr Blum went from a military-based company before and during a war and then to a foreclosure chop shop during a housing crisis?

Odie1941 on April 21, 2009 at 9:38 AM

Corrupt Democrat. Look for this on the national news. Find it only if you watch Fox.

hawksruleva on April 21, 2009 at 9:39 AM

Look! A puppy moobs!

Joe Caps on April 21, 2009 at 9:40 AM

At the very least, this shows a clear conflict of interest, especially with Feinstein suddenly jumping into the banking arena and FDIC at a time when her husband was doing business with them.

I realize that Feinstein’s not alone, but her inability to understand, appreciate, and avoid these obvious conflicts of interest is stunning. Until these instances are uncovered and then punished, it will continue.

And the Left can’t understand the Tea Party outrage?

The answer that “it’s okay because everybody does it” or “it’s the way of the world” is simply unacceptable.

BuckeyeSam on April 21, 2009 at 9:40 AM

Last time, and I remember it well. I posted last year several times that I think Feinstein (and the dems went along), that she traded not being prosecuted, for her support and “backing off” of Bush.
She was adamantly against Bush, then when allegations of her diverting bids to Blum (her hubby). She resigned, and she suddenly became mute on the war, and very passive against Bush. She was never prosecuted, only a mild reprimand and a removal from her committee position, but given another.
Bush could have skewered her, why didn’t he?

The big one was Feinstein…I have a feeling a deal was made, notice Feinstein has not been front and center attacking Bush for many months now? She was a lead attack dog, but after getting her hand caught in the “cookie jar”, shoving bids off to her husbands businesses, not a word from her or about her.

right2bright on May 5, 2008 at 9:04 AM

right2bright on April 21, 2009 at 9:41 AM

I’m so glad the FBI is busy investigating the military and Tea Party goers rather than mutlibillion dollar political corruption or Wall Street Ponzi schemes. I feel so well served by my government.

TheBigOldDog on April 21, 2009 at 9:41 AM

But Larry Craig has a wide stance!
Look, David Vitter loves whores!
Um, Mark Foley enjoys sexting!
Isn’t Bo adorable?

carbon_footprint on April 21, 2009 at 9:42 AM

Come on everyone get off of Feinstein back, you know it’s only corruption if a republican politician.

cmptrnerd on April 21, 2009 at 9:43 AM

Come on everyone get off of Feinstein back, you know it’s only corruption if a republican politician.

cmptrnerd on April 21, 2009 at 9:43 AM

CA is one of 18 states to recall elected officials! WTF is wrong with CA? Oh wait dumb question everyone knows what’s wrong with CA!

xler8bmw on April 21, 2009 at 9:45 AM

Again?

mchristian on April 21, 2009 at 9:45 AM

Feinstein is no Einstein

poxoma on April 21, 2009 at 9:45 AM

Bush could have skewered her, why didn’t he?

…..

B/C R’s are cowards and don’t fight back.

Where are they on Napolitano?

Holder?

Nowhere to be heard or found.

artist on April 21, 2009 at 9:46 AM

WIll you losers please just knock it off already. The corrupt adults are in charge now.

GET OVER IT.

We won and we can do anything we want.

hawkdriver on April 21, 2009 at 9:47 AM

Of course this is minor compared to what the administration is really facing….radio talk show hosts.

right2bright on April 21, 2009 at 9:47 AM

hawkdriver on April 21, 2009 at 9:47 AM

Oops, forgot to say channeling nondescript Hot Air troll.

hawkdriver on April 21, 2009 at 9:48 AM

Ed is just reporting this because we all are upset that Obama won the Presidency.

First Jane Harman, now, finally Dianne Feinstein. Will the press report this with the glee that they reported on Duke Cunningham?

originalpechanga on April 21, 2009 at 9:48 AM

Glad to see you have given attention to this story Ed. This woman is the example of what plagues our political system and has been the example for so many years now, it’s pretty hard to imagine that anything will come of this corruption. Liberals have absolutely perfected the art of “campaign contributions”, but Republicans are guilty as well. Conrad Burns got ousted here in Montana for similar acts of corruption, although on a much smaller scale.

Campaigns cost a fortune these days, and it seems that the candidate who raises the most money usually wins. This comes at the peril of the people, but yet we sit back at take it, year after year.

We need to boot all incumbents… Start over!

http://www.scnow.com/scp/news/opinion/letters_to_the_editor/article/letter_to_the_editor_lets_get_rid_of_all_incumbents_in_congress/7459/

Keemo on April 21, 2009 at 9:48 AM

congresscritters are not even trying to hide it anymore. look at murtha, barney frank, rangel & money-in-the-freezer jefferson.

vote them all out.

kelley in virginia on April 21, 2009 at 9:52 AM

Doesn’t Michelle have nicely toned arms? And Dear Leader is going to save us $100 million in spending cuts!

rbj on April 21, 2009 at 9:52 AM

Just another example of why we need term limits and a few changes in how public officials take office.

They should be required to put all assets, except their home at the time they are elected, into a triple blind trust while they are in office.

There should be no pensions for elected officials, their terms are limited so there won’t be the concept of CAREER POLITICIANSCORRUPT-O-CRATS and no need for any pension. Serve and then return to private life.

belad on April 21, 2009 at 9:53 AM

Ed,

One request, please substitute all future references to “government money” with “taxpayer money”.

The govt only has what it extracts from those who produce. Too easily does that phrase govt. money roll off the tongue, and numbs people to forget it’s their money to begin with.

rightside on April 21, 2009 at 9:53 AM

I feel so well served by my government.

TheBigOldDog on April 21, 2009 at 9:41 AM

The problem is Dog, we, the people, are the main course being “served”. And the price of the “meal” will be paid by our grandchildren while this re-distribution of wealth continues down its corrupt path. Isn’t it ironic that Joe the Plumber understood these motives while the media castigated him.

Rovin on April 21, 2009 at 9:54 AM

Pfffft! Can we please stick to hard-hitting exposes on how the Obowa’s manage to keep their marriage so darn vibrant?

Let’s move on.

Bishop on April 21, 2009 at 9:55 AM

I’m so glad the FBI is busy investigating the military and Tea Party goers rather than mutlibillion dollar political corruption or Wall Street Ponzi schemes. I feel so well served by my government.

TheBigOldDog on April 21, 2009 at 9:41 AM

Rules for Radicals

RULE 9: “The threat is usually more terrifying than the thing itself.” Imagination and ego can dream up many more consequences than any activist.

izoneguy on April 21, 2009 at 9:55 AM

Is this what we would call “draining the swamp?”

First she leaks sensitive information about a Pakistan base being the launch pad for U.S. attacks, now this?

And what does this do for her ambitions to run for governor? (though, it stands to reason she might do a better job that Arnold).

rockmycar on April 21, 2009 at 9:56 AM

rightside on April 21, 2009 at 9:53 AM

Double-plus Ditto on that.

Feinstein isn’t by far the worst of the bunch either. We must always keep a vigilant watch on those in power. Power corrupts; absolute power corrupts absolutely.

I believe that Term Limits would be of help here.

connertown on April 21, 2009 at 9:57 AM

rightside: you are so “right”. the congresscritters are spending OUR money. taxpayer money.

say it out loud everybody. that is my money.

kelley in virginia on April 21, 2009 at 9:57 AM

Yeah, but Brian Williams can’t preempt his blockbuster lead story on Michelle Obama’s America-loving arms.

marklmail on April 21, 2009 at 9:58 AM

Not only is this not a surprise, it has been predicted on this blog since the Iowa 2008 primary.

(Don’t make me look it up. I’m not in the mood. Google it yourself.)

It’s the democrat party’s idea of good governance. Using the power of government to enrich yourself, and reward party loyalists.

Skandia Recluse on April 21, 2009 at 9:58 AM

Just another example of why we need term limits and a few changes in how public officials take office.

They should be required to put all assets, except their home at the time they are elected, into a triple blind trust while they are in office.

There should be no pensions for elected officials, their terms are limited so there won’t be the concept of CAREER POLITICIANSCORRUPT-O-CRATS and no need for any pension. Serve and then return to private life.

belad on April 21, 2009 at 9:53 AM

You want term limits? Then institute them yourself as a voter! They won’t willingly change term limits on themselves.

If after 2 terms and they’re not effective vote them out. The american people have reaped what they sowed by continuing to vote them in Kennedy, Kerry, Murtha, Franks, Pelosi, Reid, Biden the list goes on that have served more that 12 years and are career corrupt politicians.

Why the griping about term limits create your own. If everyone voted out incumbants after 12 years then we might have as much corruption!

xler8bmw on April 21, 2009 at 9:59 AM

As others have noted, this is not Feinstein and Blum’s first visit to the trough. While great attention was being paid to Haliburton, she steered hundreds of millions to her husband’s companies doing business in Iraq.

Here is a woman who has been milking her good fortune for years. I imagine she has a shrine of Twinkies in her San Francisco mansion.

mr1216 on April 21, 2009 at 10:01 AM

congresscritters are not even trying to hide it anymore. look at murtha, barney frank, rangel & money-in-the-freezer jefferson.
vote them all out.
kelley in virginia on April 21, 2009 at 9:52 AM

Yep, they aren’t listening, they don’t care what we have to say, they won’t care until people start showing up at places like Lexington, Congress and the DC Mall and refusing to leave.

If we get the government we deserve, I’d like to know what the hell I could have possibly done to get this government.

Bishop on April 21, 2009 at 10:01 AM

Man, what a time warp…. These cretins look and act EXACTLY like the Parliament of King George III…. right before our Patriots stuck it to them.
Rails – check
Tar – check
Feathers – check

Tea anyone?

HomeoftheBrave on April 21, 2009 at 10:03 AM

While the rest of the country is in recession and Americans are making sacrifices, Washington DC is booming and government officials are getting rich.

And the moral of that is – “The more there is of mine, the less there is of yours.”

– Alice’s Adventures in Wonderland

Loxodonta on April 21, 2009 at 10:03 AM

I find this all almost impossible to believe. Feinstein is married?

29Victor on April 21, 2009 at 10:04 AM

I sure love California. We lead the nation in corruption, union control and stupid politicians. But hey, around here, Feinstein’s antics only help her reelection. I love that some of the naive commenters think we have even a whiff of a chance of voting her out. It ain’t gonna happen.

InTheBellyoftheBeast on April 21, 2009 at 10:07 AM

The hippies have elected quite a nice bunch of crooks. No wonder they want to ban guns, crooks sometimes get shot.

kirkill on April 21, 2009 at 10:08 AM

I’m too numb to even be upset by this. The corruption of this administration and it’s blatant misuse of power leaves me with a feeling of shame. Not for myself, but for the generations to come that are going to inherit an America that resembles NOTHING of it’s 1st 220 years. What kind of legacy are we leaving our children? If the left thinks Tea-parties are a threatening situation, just wait until a younger, violence induced generation gets the drift that they have been screwed out of their America by the very people that were voted upon to run this country. It will NOT be pretty!

theRealMcCoy on April 21, 2009 at 10:08 AM

could Arnold win this seat? getting rid of Feinstein, we could end up with something worse like Boxer or a Pelosi type.

jp on April 21, 2009 at 10:08 AM

another corrupt politician falls from the tree.
they are dropping like flies….

hawkman on April 21, 2009 at 10:09 AM

rplat on April 21, 2009 at 9:38 AM

Trouble is 99% for the public will never know as the Democrat owned media will not report.
Its beyond mainstream or drive bys it’s democrat owned media covering, electing, enhancing, promoting dems at every opportunity and Dissing Repubs.

When the revolution turns from TEA PARTIES to pitchforks and torches the media needs to be swinging from the lampposts alongside the corrupt Dem and RINO carreer pols!

Just another example of why we need term limits and a few changes in how public officials take office.

They should be required to put all assets, except their home at the time they are elected, into a triple blind trust while they are in office.

There should be no pensions for elected officials, their terms are limited so there won’t be the concept of CAREER POLITICIANSCORRUPT-O-CRATS and no need for any pension. Serve and then return to private life.

belad on April 21, 2009 at 9:53 AM

ABSOLUTELY and no other elective office or lobby postions in DC for them.
Real Citizens doing their duty and returning to real jobs in the private sector.

dhunter on April 21, 2009 at 10:09 AM

right2bright on April 21, 2009 at 9:41 AM

Very prescient.

BadgerHawk on April 21, 2009 at 10:10 AM

Let’s not forget Pelosi and, I think, Starkist.

Tom

marinetbryant on April 21, 2009 at 10:11 AM

Very prescient.

BadgerHawk on April 21, 2009 at 10:10 AM

Thanks, but I am straight…

right2bright on April 21, 2009 at 10:14 AM

We got welfare to work in the ’90′s and saved billions. Then in ’09 we got Tarp and politicans got billions. Let’s pass a new bill—TERM LIMITS enforced at the ballot box.

Herb on April 21, 2009 at 10:17 AM

Let’s wait to see some proof. This is nothing more than speculation, frankly, and it’s tiresome. It’s tiresome when it’s used against Palin. It’s tiresome when it’s used against Feinstien.

We used to insist on the principle that proof was required. If it’s not important, anyway, then really news reporters are performing a job nobody even cares about. Why bother to get verification at all?

Just print the latest rumor and let it rip.

AnninCA on April 21, 2009 at 10:18 AM

The chicago Way is selling franchises in onther states?

she says there is nothing wrong.

seven on April 21, 2009 at 10:19 AM

Again?… Yawn… We here in Cali have know for years. We just keep her around so……. Wait a minute!

HotAirExpert on April 21, 2009 at 10:19 AM

The old adage “follow the money” needs to be revised to “follow the democrats and the money”.

carbon_footprint on April 21, 2009 at 10:19 AM

nothing to see here, move along, move along….

corruption and graft are only issues when evil right-wingers like Duke Cunningham do it…

dollar bill Jefferson, Charlie Rangel, Chuckles Schumer, DiFi, SFNan all have unimpeachable moral compasses and values…

sven10077 on April 21, 2009 at 9:31 AM

Truth to power. You may wind up in one of Obama’s education camps.

saiga on April 21, 2009 at 10:20 AM

Um, that’s my F’ng money. That’s YOUR F’ng money. She took our money to put in her pocket. What’s that called again? Are these crooks imune to this, or can we name her in a massive lawsuit??? Seriously. Anyone know?

marklmail on April 21, 2009 at 10:20 AM

If this were during Bush’s Administration and a Republican were doing what Feinstein’s doing, the libs and the MSM (aren’t they the same thing?) would be crowing from the rooftops. Pathetic.

http://www.teapartynation.com

tnmama on April 21, 2009 at 10:21 AM

Constitutional amendment for term limits! Anyone?

petunia on April 21, 2009 at 10:27 AM

The libs adjusted the withholding tables which gave people about enough to take their families to McDonalds while simultaneously stealing millions for themselves and their cronies. This nation is a tinderbox and the politicians are foolishly playing with matches.

Be on the lookout for backdoor gun control through international treaty. I don’t know about you, but I’m not giving my guns to Obama or the blue helmets.

flyfisher on April 21, 2009 at 10:28 AM

Feinstein routes government money to firm doing business with husband
Please add this: AGAIN

right2bright on April 21, 2009 at 9:33 AM

No kidding.

This is just business as usual for Feinstein and Blum. They’ve been gorging themselves at the taxpayer trough for a long, long, time.

And just like all the other times, there will be no meaningful consequences for their thievery.

AZCoyote on April 21, 2009 at 10:28 AM

can you imagine if she was a Republican…..the Media in this country should be in JAIL!

SDarchitect on April 21, 2009 at 10:28 AM

Constitutional amendment for term limits! Anyone?

petunia on April 21, 2009 at 10:27 AM

Wishful thinking! Why don’t you start by voting out the incumbants when you vote!

xler8bmw on April 21, 2009 at 10:29 AM

Thanks, but I am straight…

right2bright on April 21, 2009 at 10:14 AM

Hmm, I’m pretty sure I used that term in the proper context and not as an unintended pick up line.

BadgerHawk on April 21, 2009 at 10:29 AM

*checks party affiliation*

Nothing to see here, folks. She’s a Dem, therefore no laws were broken.

Vic on April 21, 2009 at 9:33 AM

D in front of name = perfect little angel in eyes of the MSM.

I saw her old city for about 3 hours of life just long enough to see the GGB and leave town headed south.

gsherin on April 21, 2009 at 9:33 AM

Since Diane Feinstein (C-CA) comes from SanFran, her seat in the House of Lords is safe, secure and hereditary.

No criminal charges will be brought, no Lords investigation will be forthcoming. The more equal pigs are in control.

SeniorD on April 21, 2009 at 10:30 AM

The SEC doesn’t have the time or staff to investigate this matter. They are too busy checking up on Joe the Plumber and Sarah Palin’s family.

It’s all about priorities ….. and party affiliation.

fogw on April 21, 2009 at 10:35 AM

Not her first time and not her last. Feinstein and her husband fish in the same swamp, looking to make money off out of tax dollars, so their lines get crossed a lot.

The Culture of Corruption Democrats will ignore this.

Jaibones on April 21, 2009 at 10:43 AM

CBRE has a number of defense related contracts too, which is why DiFi left the MILCON sub-committee, after awarding them over 1 Billion dollars. On a side note, CBRE owns the building next door to me, which has recruiting offices from all four branches.

BohicaTwentyTwo on April 21, 2009 at 10:44 AM

Culture of corruption, it never left.

About time that we have an earmark tea party — the real problem with corruption.

tarpon on April 21, 2009 at 10:44 AM

right before our Patriots stuck it to them.
Rails – check
Tar – check
Feathers – check
HomeoftheBrave on April 21, 2009 at 10:03 AM

But do you have a protest permit?
And are those feathers hypoallergenic & weed seed free?

Badger40 on April 21, 2009 at 10:47 AM

Too much money, too much temptation.

Of course, cons scream about any change so deal with it.

getalife on April 21, 2009 at 10:47 AM

Boxer, Harmon, Feinstein and Pelosi are California parasites who feed on the citizenry of their state as well as our country. Their gender does not lessen the lies and theft of all they can acquire by the most unethical practices imaginable. Californians obviously cannot stop their politicians from bankrupting their state. It is so obvious to those on the outside looking in that their standards have dissipated to the levels of futility.

volsense on April 21, 2009 at 10:48 AM

PLEASE STOP SAYING “Government Money”. IT’S OUR DAMN MONEY!!!! WE WORKED HARD FOR THIS MONEY!!!! Man, I’m pissed.

marklmail on April 21, 2009 at 10:55 AM

Let’s wait to see some proof. This is nothing more than speculation, frankly, and it’s tiresome. It’s tiresome when it’s used against Palin. It’s tiresome when it’s used against Feinstien.

We used to insist on the principle that proof was required. If it’s not important, anyway, then really news reporters are performing a job nobody even cares about. Why bother to get verification at all?

Just print the latest rumor and let it rip.

AnninCA on April 21, 2009 at 10:18 AM

Sometimes getting a ‘rumor’ like this out in public stirs up investigations.
The Palin rumors about her pregnancy were irrelevant, as well as false.
But if there was a question of corruption on her part, we needed to hear it.
It is the tone of the news that’s a problem.
News reporters need a lot more critical thinking skills.
Maybe they should have to get a BS in some SCIENCE before being able to be a reporter. Perhaps their methodology would improve!

Badger40 on April 21, 2009 at 10:55 AM

Just more of the same from Dame Diane. She steered military contracts to one of her husband’s companies a few years ago. Nothing came of that. After all, she didn’t KNOW her husband had his finger in the military pie. It was just a coincidence. Yeah, that’s it, it was a coincidence.

GarandFan on April 21, 2009 at 10:56 AM

Again this is a “Rahm Bomb” intended to bring Feinstein in line with the WH.

The “Cardinal Feinstein” story is at least two years old. Nothing has happened, the media entirely uninterested in the stunning allegations.

http://thehill.com/david-keene/feinsteins-cardinal-shenanigans-2007-04-30.html

Feinstein has nothing to fear from the stubby finger pointer. Nice try, Rahmbo.

Angry Dumbo on April 21, 2009 at 10:57 AM

What does it cost to run a full page ad in all, (or what’s left) of the major papers, listing ALL the corruption the Dem’s have been involved with, just in the last year?

Where is the RNC when you need them?

anniekc on April 21, 2009 at 11:00 AM

Reeks of cheney and Haliburton.

getalife on April 21, 2009 at 11:00 AM

nothing to see here, move along, move along….

corruption and graft are only issues when evil right-wingers like Duke Cunningham do it…

dollar bill Jefferson, Charlie Rangel, Chuckles Schumer, DiFi, SFNan all have unimpeachable moral compasses and values…

sven10077 on April 21, 2009 at 9:31 AM

+ 1000

Fuquay Steve on April 21, 2009 at 11:03 AM

Let’s wait to see some proof. This is nothing more than speculation, frankly, and it’s tiresome. It’s tiresome when it’s used against Palin. It’s tiresome when it’s used against Feinstien.

We used to insist on the principle that proof was required. If it’s not important, anyway, then really news reporters are performing a job nobody even cares about. Why bother to get verification at all?

Just print the latest rumor and let it rip.

AnninCA on April 21, 2009 at 10:18 AM

How many times do you have to taste the bitterness of the water before you go to a different well Annin? As a lifelong native of California, I have defended Di Fi over the years for her strong stance on national security issues that continually pi&&ed off her own party. While you may be right that there needs to be more factual information on this latest “indiscretion”, the evidence that Ed supplys above calls for her to explain why these taxpayer dollars are ending up in her family’s business accounts.

The newest “tactic” for democrats to hide their quid pro quo is to have a fellow dem commit the “crime” while Feinstein will wait to reciprocate at a later date. Follow her voting record after this transaction occurred, and see who might have benefited with her support. You may very well come across with the name of party that facilitated her hubby’s business.

Rovin on April 21, 2009 at 11:06 AM

We need to boot all incumbents… Start over!

Keemo on April 21, 2009 at 9:48 AM

Thanks for the link and this is definitely a message that is gaining steam from all walks of life and political associations.

Feinstein is not alone in her corruption coming from the “most ethical congress evahhhhhhhhh!!:

EXCLUSIVE: Pelosi paid husband with PAC funds

Jennifer Haberkorn
http://www.washingtontimes.com/news/2008/oct/01/pelosis-pac-pays-bills-for-spouses-firm/

House Speaker Nancy Pelosi has directed nearly $100,000 from her political action committee to her husband’s real estate and investment firm over the past decade, a practice of paying a spouse with political donations that she supported banning last year.

The payments have quadrupled since Mr. Pelosi took over as treasurer of his wife’s committee in 2007, Federal Election Commission records show. FLS is on track to take in $48,000 in payments this year alone – eight times as much as it received annually from 2000 to 2005, when the committee was run by another treasurer.

Democratic corruption is so vast it is sickening to even hear them say the words “ethical” without wanting to throw up:

Charlie Rangel
-tax evasion

Tim Geithner
- tax evasion,one of the leaders in finical world like Citi that has ripped off tax payers at an enormous cost.

Daschle-tax evasion.

John Murtha- pork king buying votes with our money(PMA) and slandering our troops on the battlefield.

Jefferson-Mr. freezer cash himself

Blago
-pay for play

Spitzer
-putting people in jail for prostitution while he engages in prostitution.

Reid
-corrupt land deals and declaring the Iraq war lost with Soldiers in the line of fire.

John Edwards
-having an affair while he touts family values and has a wife fighting cancer.

Gov. Richardson
-accused pay to play.dropped from Obama cabinet.

Dodd-corrupt mortgage deals(countrywide),pay to play,on the take with Fannie/Freddie.

Barney Frank/Obama-on the take with Fannie/Freddie.Took large amounts of money to obstruct regulations against Fannie/Freddie.Steered money from TARP to bank that he had personal ties with and did not qualify as “priority”.

Rahm Emanuel-Took in over 300 grand from Fannie/Freddie for doing pretty much nothing but providing cover for their sub-prime corruption.


Baltimore Mayor Sheila A. Dixon
- was charged today with 12 counts of felony theft, perjury, fraud and misconduct in office, becoming the city’s first sitting mayor to be criminally indicted.

Detroit mayor kilpatrick
-perjury,affair,assault,and misconduct with taxpayer money.

Tim Mahoney
-Elected to Remove ‘Ethical Cloud’ of His Disgraced Predecessor, Mark Foley,agreed to a $121,000 payment to a former mistress who worked on his staff and was threatening to sue him.Mahoney, who is married, also promised the woman, Patricia Allen, a $50,000 a year job for two years at the agency that handles his campaign advertising.Mahoney also pimped out another mistress to businessmen in hopes of securing money and favors.

Ohio Attorney General Marc Dann
- used his campaign account to bankroll home repairs and family vacations, according to a newspaper review of state investigative reports.

Rep. Jesse Jackson Jr.-investigated for pay -to- play.
—————————————————

And of course at the heart of a lot of this corruption is the lobbyist that suck up our money.
The lobbying system that Obama said he was going to clean up:

OBAMA FELT DIFFERENT ABOUT LOBBYIST DURING HIS PRESIDENTIAL CAMPAIGN
http://www.youtube.com/watch?v=5JLjhKkvjDo
DO AS I SAY, NOT AS I DO!!

November 3, 2007:
One year from now, we have the chance to tell all those corporate lobbyists that the days of them setting the agenda in Washington are over. I have done more to take on lobbyists than any other candidate in this race – and I’ve won. I don’t take a dime of their money, and when I am President, they won’t find a job in my White House.
– Barack Obama


Reality:


The list of lobbyists in the Obama administration

(via Hot Air)

The Times of India claimed that Barack Obama had appointed seventeen lobbyists to high government positions in the first 14 days of his administration. Politico provided a list of twelve of these last week, a handy reference with which we can start building our lists of “exceptions” to the Obama Administration Ethics Policy:


And here’s the Senate majority leader on lobbyist:

Reid invited top lobbyists to join him and his supporters for an inaugural brunch Monday where he told ABC News that he will still do plenty of business with them.

“And there’s nothing wrong with that,” said Reid. “And Obama will be meeting with them too.” When asked to clarify his remarks, given Obama’s promises to change that part of Capitol culture, Reid responded that lobbyists are part and parcel of the job.

“People should understand that lobbyists, per se, are someone’s father, mother, son, daughter,” said Reid. “They work for a living.” The Democratic leader’s sons and a son-in-law have worked as lobbyists.

I do wonder it something else is not going on behind the scenes with Feinstein and Harmon,both thorns in the administrations side concerning intelligence issues,having corruption issues popping up at the same time.

Either way,the swamp is no where close to being drained.
Still waiting for Cnn,MSNBC,and CBS to do their 24/7 coverage and hour long specials concerning democratic corruption like they did to Republicans.

Baxter Greene on April 21, 2009 at 11:06 AM

It’s time to investigate all of them. From the President on down.

BetseyRoss on April 21, 2009 at 11:09 AM

Either way,the swamp is no where close to being drained.
Still waiting for Cnn,MSNBC,and CBS to do their 24/7 coverage and hour long specials concerning democratic corruption like they did to Republicans.

Baxter Greene on April 21, 2009 at 11:06 AM

Another great post Baxter. It’s too bad that your beard will be down to your toes before we see the coverage you’re looking for.

Rovin on April 21, 2009 at 11:15 AM

AnninCA has either drunk enough Kool-Aid to float a battleship or she/he has been living under a rock somewhere. In what parallel universe is this kind of behavior “above board?” Puh-leeze. Are liberals so shameless or so willfully ignorant that they never question the actions of their political demagogues? I’d be interested in seeing how they rationalize the collective actions of Jefferson, Rangel, Schumer, Dodd, Pelosi, Frank, Reid and all of the other members of the most ethical corrupt Congress, evah.

College Prof on April 21, 2009 at 11:16 AM

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