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Finally the real reason Gregg backed down. What do you think?

WASHINGTON – President Barack Obama's former nominee to become commerce secretary, Sen. Judd Gregg, steered taxpayer money to his home state's redevelopment of a former Air Force base even as he and his brother engaged in real estate deals there, an Associated Press investigation found.
Gregg, R-N.H., personally has invested hundreds of thousands of dollars in Cyrus Gregg's office projects at the Pease International Tradeport, a Portsmouth business park built at the defunct Pease Air Force Base, once home to nuclear bombers. Judd Gregg has collected at least $240,017 to $651,801 from his investments there, Senate records show, while helping arrange at least $66 million in federal aid for the former base.

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Anonymous

Asked by Anonymous at 8:28 AM on Feb. 27, 2009 in Politics & Current Events

Answers (16)
  • Gregg was governor in the early 1990s when Pease became the first base shut down in closings under then-President George H.W. Bush. Gregg created a state development authority to approve development projects at the former base, and he supported millions of dollars in state-backed bonds and at least $10 million in state roadwork to help transform Pease from a military installation to a business center.
    Such efforts to convert defunct bases were encouraged by the federal government. But the personal financial involvement of Gregg and his brother, Cyrus, at Pease sets it apart from other bases' redevelopment.
    By putting government money into the former base, Gregg helped it become a desirable place for employers to locate, making developments there more valuable.
    Anonymous

    Answer by Anonymous at 8:30 AM on Feb. 27, 2009

  • In the Senate, Gregg has repeatedly won federal money for Pease's redevelopment:
    • At least $24.8 million for a new federal building. The senator said the city of Portsmouth wanted to move an unattractive federal building out of its picturesque downtown. The new building hasn't been built yet, he said.
    • At least $24.5 million for other New Hampshire National Guard projects at the base, including a new fire and crash rescue station, a new medical training facility, repair to an aircraft parking ramp and the upgrade of an aircraft parking apron.
    • $8.9 million for a new wing headquarters operations and training facility at Pease for the Air National Guard.
    • At least $8 million to help Pease's airport transition from military to civilian use, including improving terminal security, buying snow removal equipment, building an aircraft deicing area and adding a parking lot.
    Anonymous

    Answer by Anonymous at 8:31 AM on Feb. 27, 2009

  • • $475,000 to shield office buildings at Pease from noise from the former Air Force runway, which is now used by private planes and the New Hampshire Air National Guard. Earlier, Gregg lined up $25,000 in federal money for noise monitoring equipment at Pease.
    • $400,000 for development of a photonics and laser technology program at the New Hampshire Community Technical College campus at Pease. Earlier, Gregg and then-Sen. John Sununu, R-N.H., won federal money to develop the college's biotechnology lab, and education and training center at Pease.
    Gregg leases a former guard post at the Pease entrance and uses it as one of his Senate offices.
    Anonymous

    Answer by Anonymous at 8:32 AM on Feb. 27, 2009

  • I think I would LOVE a link!
    momof030404

    Answer by momof030404 at 8:34 AM on Feb. 27, 2009

  • An actual timeline would be nice, too.
    NotPanicking

    Answer by NotPanicking at 8:36 AM on Feb. 27, 2009

  • A link would be nice. And if this is found to be true and illegal course of action, then His arse should be outta there. Illegal crap that needs addressed and needs to get taken care of. But a link to substantiate, would be nice.

    grlygrlz2

    Answer by grlygrlz2 at 8:43 AM on Feb. 27, 2009

  • HAS ANYONE HERE EVER SAID THAT CROOKED REPUBLICANS DON'T EXIST?

    Conservatives are about realism!

    Please concentrate on the issue at hand, America is going to hell in a hand basket.
    mustbeGRACE

    Answer by mustbeGRACE at 8:45 AM on Feb. 27, 2009

  • http://news.yahoo.com/s/ap/20090227/ap_on_go_co/gregg_real_estate

    sorry about that.
    Anonymous

    Answer by Anonymous at 8:48 AM on Feb. 27, 2009

  • If he did something wrong, they should investigate, but it would seem according to the parts of the article that were not copy and pasted in, the White House saw no need to the entire time they vetted him.
    NotPanicking

    Answer by NotPanicking at 8:55 AM on Feb. 27, 2009

  • it also says in the article a quote by him saying the white house did not know about him, too long of an article. but I can see why he would back down and not want his special interests investigated
    Anonymous

    Answer by Anonymous at 8:58 AM on Feb. 27, 2009

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