Saturday, April 08, 2006

The Bipartisan Culture of Corruption

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Donks and Elephants can't seem to agree on much in congress. One thing they do see eye-to-eye on is greed and corruption. The more there is, the better they like it:

The Wall Street Journal reported this morning that the feds are investigating Rep. Alan Mollohan's (D-WV 01) finances and "whether they were properly disclosed."

According to the Journal, Mollohan's household assets exponentially grew (from $565K in '00 to at least $6.3M in' 04).

In addition, the article notes that one of his non-profit groups is "funded almost entirely through provisions he put into annual spending bills." NRCC Chmn Tom Reynolds called today for Mollohan to step down as ranking member of the ethics cmte until an investigation is complete.

If this story has legs, it could muddy the Dem narrative of the GOP culture of corruption. It's possible Mollohan accrued a quick fortune from real estate acquisitions and just improperly reporting his finances.

The honorable Representative says that he had some real estate ventures appreciate and that is why he had that $5-million plus jump in assets. OK. This makes Hillary's futures market luck look shabby by comparison.

The sins of Tom DeLay have opened a Pandora's Box and it won't end in the near term.

He serves as the leading Donk on the...wait for it...Ethics Committee. Hastert called for him to step down.

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