See, this is the type of stuff that just ticks me off:
Recently, Sen. Lisa Murkowski (R-AK) appeared in the news for purchasing property on the Kenai River at far below market value last year from Alaska businessman Bob Penney. It turns out, the plot is nearby one of her more notable earmarks: a three-mile stretch of road that abuts the property of about 50 residents, for which Murkowski has secured $6 million in federal funds since 2003.
It gets worse:
Sen. Ted Stevens (R-AK) and Rep. Don Young (R-AK) rounded up an extra $2 million for the three-mile road project, which is just under half mile from Murkowski’s plot, which she sold back to Penney in the wake of the controversy. And even that’s not all. To cover matching costs required by some of the federal money, Murkowski’s father, then-Gov. Frank Murkowksi ponied up another $325,000 in state funds. It’s unclear whether the project, construction for which is set to begin next year, will boost the value of the land.
I don’t see how it could make the land worth less.Â
