Yesterday, I noted that Rep. Randy “Duke” Cunningham (R-Calif.) has a bit of a problem on his hands. In 2003, he sold his house to a military contractor with business before his committee for an inflated price, ultimately leading to a $700,000 gift for the lawmaker. Shortly thereafter, Cunningham helped direct tens of millions of dollars in defense appropriations to the same contractor. It doesn’t look good.
But, never fear. Any concerns you may have about Cunningham’s potential conflicts of interests, illegal contributions, or outright bribery should be completely assuaged by the fact Tom DeLay believes Cunningham is completely innocent of wrongdoing.
House Majority Leader Tom DeLay (R-Texas) yesterday defended Rep. Duke Cunningham (R-Calif.) after calls from congressional Democrats to investigate the Republican appropriator for selling his San Diego home to a defense contractor whose firm had received $65 million in federal funds in 2004.
“Duke Cunningham is a hero,” DeLay said during a press briefing Tuesday. “He is an honorable man of high integrity.”
What a relief. If DeLay says nothing untoward happened here, it must be true. It’s not as if DeLay has multiple legal and ethical scandals swirling him, undermining his credibility on what, exactly, constitutes “high integrity.” Oh wait…
In related news, Josh Marshall has written up several key updates on this story. Perhaps most importantly, Josh noted that Cunningham has insisted that the defense contractor (Mitchell Wade) bought his house at a fair market value when it sold for $1.675 million. As proof, Cunningham has claimed that an “independent source” helped establish the value of the home.
Except there’s reason to believe that source was anything but independent. A real estate agent named Elizabeth Todd arranged the deal between Cunningham and Wade and set the inflated purchase price. It just so happens that Todd’s family also contributed $11,500 to Cunningham’s campaigns between July 1997 to May 2004. She also was the agent of record when Cunningham used his profits from the original sale to buy a new home for $2,550,000, for which she received a generous commission.
Tom DeLay’s assurances notwithstanding, I’d say Cunningham, Wade, and Todd should probably be hiring some lawyers right about now.