So far the only story about speculation that California Sen. Diane Feinstein has used her position to direct dollars toward two corporations with ties to her husband come from a single source with many people, including myself speculating as to its meaning. Hyper-conservative talk radio personality, Michael Savage, is running with this story. It is apparent that Feinstein, given her high profile as Chair of the Senate Rules and Administration (which oversees ethics violations) is worth targeting to shift the focus from other scandals including one's previously mentioned on the pages here involving Republicans.
According to the Metroactive story by Peter Byrne, Senator Feinstein, "as chairperson and ranking member of the Military Construction Appropriations subcommittee (MILCON) from 2001 through the end of 2005, Feinstein supervised the appropriation of billions of dollars a year for specific military construction projects. Two defense contractors whose interests were largely controlled by her husband, financier Richard C. Blum, benefited from decisions made by Feinstein as leader of this powerful subcommittee." This story was reiterated in a press release from the Association of Alternative Weeklies in late January.
If there is anything else to this story, the larger mass media isn't picking it up. Still a statement from Sen. Feinstein explaining her side of the story would be helpful. Otherwise, this thing could snowball.
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