June 15, 2006

Neckless Wonder makes out like a bandit

For years, Hastert has been pushing the construction of a highway called the Prairie Parkway in Illinois. He secured $207 million in earmarks to support the project. But what he didn't tell constituents was that he owned a huge plot of farmland just a few miles from where the road would run. And now that the project's gone through, the land has been tranferred to a real estate development firm with plans to build a 1,600 home community. The land has already improved in value by millions of dollars.

Nice work if you can get it.

6 Comments:

At 6/15/2006 2:58 PM, Blogger DookOfURL said...

When I saw the "Neckless Wonder" headline, I thought this post was going to be about Phil Hare.

 
At 6/15/2006 6:25 PM, Blogger Carl Nyberg said...

I would really like to see John Laesch campaign become a priority.

I met him and I like him better than most Congressional candidates. He seems more sure of his principles and he actually thinks about how our system of int'l governance interacts with domestic policy.

 
At 6/16/2006 1:00 AM, Blogger Rob Johnson said...

I was all excited about Hassert being in the Geneseo Fathers Day Parade, and looks like now we all have a question to ask him when he is shaking hands....

 
At 6/16/2006 8:56 AM, Blogger IHG said...

Shocking, if true, another politician that cares more about personal profit than serving people.

 
At 6/18/2006 2:51 PM, Blogger DookOfURL said...

Back in the '90s, I was never one of those frothing Clinton haters. I thought then, as I do now, that he was a sleazebag, but the impeachment thing just seemed lame and politically driven.

But I have to give Clinton mad props for the following:

1. Thanks to Bill Clinton, it's really, really, REALLY difficult for anyone to get worked up about sexual misconduct by any elected official.

2. As ihg implied, thanks to Bill Clinton's Whitewater scandal, it's really, really, REALLY difficult for anyone to get worked up about questionable real estate deals by any elected official.

3. And thanks to Clinton's orgy of outrageous pardons in the last minutes of his administration, it will be really, really, REALLY difficult for anyone to get worked up about any Presidential pardon.

Bill Clinton----a grateful nation salutes you!

For the terminally nerdy, here's the story in the Chicago Tribune about Hastert's Whitewater-style adventure.

 
At 6/26/2006 6:37 PM, Blogger maybesomeday said...

AFter reading that Trib story line, I can now see how Hastert can afford those rich steak dinners he must be eating to keep his ample appetite at bay....

Wow - triple your investment in just 4 years! That is insider stuff if I ever saw it but yet it's land - so there is really no regulation to how it's sold...unlike stocks etc...

Smarter than I thought -- again WOW!!

 

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