The Company You Keep
Fourth Congressional District Rep. Marilyn Musgrave is hosting a campaign fundraising event this week which has again raised questions about her connections to ethically-challenged politicians. Colorado Confidential obtained an email invitation to the fundraiser:
For your information –
Marilyn Musgrave for Congress fundraiser with Dennis Hastert
Wednesday, August 16
American Eagle Distribution
3800 Clydesdale Parkway
Loveland, CO 80538
$500 photo with Dennis Hastert
Rep. Musgrave has previously come under criticism for her support of disgraced former Republican House Majority Leader Tom DeLay and now-convicted lobbyist Jack Abramoff.
The fundraiser features U.S. Speaker of the House Dennis Hastert, who has come under fire for a secret real estate deal which personally earned him $1.5 million following a vote for a federal highway and interchange project near his property.
The deal chronicled by the Chicago Tribune on June 18 – How Hastert benefited from sale.
Planned highway could sweeten asset near Plano:
The complex structure of a real estate transaction in Kendall County last December left House Speaker Dennis Hastert with a seven-figure profit and in prime position to reap further benefits as the exurban region west of Chicago continues its prairie-fire growth boosted by a Hastert-backed federally funded proposed highway.
Instead of cash, Hastert (R-Ill.) took most of his share of the proceeds in land, some of it less than 2 miles from the parcels he and two partners in a land trust sold for nearly $5 million to a developer who plans to build more than 1,500 homes and commercial space on the property near Little Rock and Galena roads in Plano.
Hastert received five-eighths of the proceeds of the sale, which worked out to a profit of more than $1.5 million for him on property that he and his partners accumulated in a little more than three years.
Accuracy in Media, a conservative-funded media watchdog group which counts former actor and NRA Chairman Charleton Heston on its National Advisory Board, also raised questions about the deal in an August 8 guest column entitled Land or Water
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