Wednesday, April 04, 2007

Democratic Blood Money and Senator Dianne Feinstein's War Profiteering by Joshua Frank

Democratic Senator Dianne Feinstein of California silently resigned from her post on the Military Construction Appropriations subcommittee (MILCON) late last week as her ethical limbo with war contracts began to surface in the media, including an excellent investigative report written by Peter Byrne for Metro in January. MILCON has supervised the appropriations of billions of dollars in reconstruction contracts since the Bush wars began.

Feinstein, who served as chairperson for the committee from 2001–2005, came under fire early last year in these pages for profiting by way of her husband Richard Blum who holds large stakes in two defense contracting companies. Both businesses, URS and Perini, have scored lucrative contracts in Iraq and Afghanistan in the last four years, and Blum has personally pocketed tens of millions of dollars off the deals his wife, along with her colleagues, so graciously approved.

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