Governor Bill Richardson (D-New Mexico), Obama's Commerce Secretary designate, is being investigated for a bit of commerce.
New Mexico's Gov. Bill Richardson, who is the newly named Secretary of Commerce in Obama's about-to-be Cabinet, is also being investigated by a federal grand jury in his home state for possibly steering state bond business from the New Mexico Financial Authority toward David Rubin, a significant campaign contributor, according to an NBC News report, among others. NBC's Lisa Myers reports that two former state officials say they've recently been questioned by a federal grand jury specifically about allegations that Richardson or aides pushed state business worth nearly $1.5 million in fees toward CDR Financial Products in 2004. The company is headquartered in Beverly Hills.You know what I hope? I hope the Obama administration goes after Republicans in retaliation. Perhaps between the two parties some of the rot in the country will get cleaned up. One can only hope.
This was about the same time as CDR's founder, Rubin, donated $100,000 to two of Richardson's political action committees; mainly it appears to cover expenses of the governor and his staff at the Democratic Party's National Convention in Boston that summer.
Rubin also donated another $29,000 to Richardson's unsuccessful presidential campaign this year and last.
The only real way to bring all this under control though is smaller government. Because when politicians control what is bought and sold, the first thing bought and sold is politicians.
Cross Posted at Classical Values