Saturday, February 28, 2009

Which one of these statements is true

This one about Sen. Judd Gregg's reward for helping get federal money for one of his investment's.
Judd Gregg has collected at least $240,017 to $651,801 from his investments there, Senate records show, while helping to arrange at least $66 million in federal aid for the former base.
Or this one from Sen. Gregg's explanation.
"None of these in any way have benefited me personally," Gregg said.
Obviously, both are true because as a senior Senator from NH, $651K is hardly worth his notice. Of course, normal Americans might have a different opinion.
Melanie Sloan of Citizens for Responsibility and Ethics in Washington, said Gregg's actions have the appearance of a conflict of interest, even if they did not fall under the Senate's narrow definition of an actual conflict.

"He increased the value of property, which caused his own investment to increase in value," she said. "So, it appears that he earmarked and then financially benefited from his own earmark." Sloan noted that Gregg secured earmarks for Pease beyond those sought for the National Guard and city.
But not to worry for poor old Judd's future, IOKIYAR.

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