July 27, 2007

Maybe She Should Have Stuck To Cattle Futures

After all, then Democrats would have nothing to say about any particularly good deals Senator Murkowski made.

Sen. Lisa Murkowski said Thursday she and her husband will sell Alaska land back to its owner, a day after a complaint to the Senate ethics committee about the purchase of the riverfront property.

"While Verne and I intended to make this our family home and we paid a fair price for this land, no property is worth compromising the trust of the Alaskan people," the Alaska Republican said in a prepared statement.

Murkowski said the vacant lot was being sold back to a friend, real estate developer Bob Penney, for $179,400, the same price that she and her husband, Verne Martell, had paid Penney.

Murkowski has drawn criticism over the purchase late last year of property along the scenic Kenai River, southwest of Anchorage on the Kenai Peninsula.

Real estate agents said the land could have fetched as much as $350,000. Penney, who lives two lots from the tract he sold Murkowski and owns the land in between, has said he considered the price paid a fair deal.

This seems to be a case of "less than meets the eye". However, I applaud the Senator for taking a course of action to end even the appearance of impropriety. After all, it isn't like she was making sweetheart deals with a a known criminal.

Posted by: Greg at 01:12 AM | No Comments | Add Comment
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