Sunday, March 26, 2006

Details of the Great Republican Money Laundry

The WaPo has a front page report on the lucrative nature of operating the Great Republican Money Laundry. I don't belive we have seen this much money sticking to the greedy paws of its handlers since the days of Boss Tweed.
A top adviser to former House Whip Tom DeLay received more than a third of all the money collected by the U.S. Family Network, a nonprofit organization the adviser created to promote a pro-family political agenda in Congress, according to the group's accounting records.

DeLay's former chief of staff, Edwin A. Buckham, who helped create the group while still in DeLay's employ, and his wife, Wendy, were the principal beneficiaries of the group's $3.02 million in revenue, collecting payments totaling $1,022,729 during a five-year period ending in 2001, public and private records show.

The group's revenue was drawn mostly from clients of Republican lobbyist Jack Abramoff, according to its records. From an FBI subpoena for the records, it can be inferred that the bureau is exploring whether there were links between the payments and favorable legislative treatment of Abramoff's clients by DeLay's office.

In recent months, Abramoff pleaded guilty to charges of tax fraud and conspiracy to defraud clients and bribe a public official; DeLay (R-Tex.) stepped down from his post as House majority leader; and Buckham folded his lobbying firm, the Alexander Strategy Group.

In the late 1990s, when DeLay's influence was growing, the lawmaker depicted the USFN in a promotional letter as a nationwide, grass-roots organization. In fact, it had a tiny staff that barely registered an impact on Capitol Hill. The group appears to have served mostly as a vehicle for funneling corporate funds to DeLay's advisers and financing ads that attacked Democrats.

The group's payments to the Buckhams -- in the form of a monthly retainer as well as commissions on donations by Abramoff's clients -- overlapped briefly with Edwin Buckham's service as chief of staff to DeLay and continued during his subsequent role as DeLay's chief political adviser.

During this latter period, Buckham and his wife, Wendy, acting through their consulting firm, made monthly payments averaging $3,200-$3,400 apiece to DeLay's wife, Christine, for three of the years in which he collected money from the USFN and some other clients.
Ah, the sweet smell of money in the morning!

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