Friday, July 27, 2007

Alaska Senator Lisa Murkowski decides that good land deal not such a bargain after all.

U.S. Sen. Lisa Murkowski said Thursday that she and her husband have decided to sell back their Kenai riverfront property to Anchorage real estate developer Bob Penney.

Murkowski announced the sell-back a day after a Washington watchdog group filed an ethics complaint against her, alleging that Penney sold the property at well below market value. The transaction amounted to an illegal gift worth between $70,000 and $170,000, depending on how the property was valued, according to the complaint by the National Legal and Policy Center.

I think that Lisa saw the writing on the wall and realized she was about to be lumped together with Ted Stevens and Don Young as they face their legal problems.

Lisa is still pretty new and therefore may not have been completely corrupted by the oil companies like old Ted and Don have been. However she is the daughter of this guy, who we Alaskans hate, so we still need to keep an eye on her.

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