McCain Gets Developer Big Returns

By Lance Ciepiela (Page 1 of 1 pages) No comments

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AN ARIZONA BUSINESSMAN with help from Sen. John McCain's office paid the federal government a mere fraction of the market value when he bought a Fort Ord land parcel in 1999.

Donald R. Diamond, an 80-year-old real estate developer, lobbyist and top fundraiser for McCain's presidential campaign, bought the land for $250,000, though it was valued at 7.2 million, according to Pentagon appraisals made three years before the sale.

He held on to the parcel for a little more than two years before selling it and the buildings on it for an ESTIMATED PROFIT OF MORE THAN $18 MILLION, click here

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Lance Ciepiela is a retired senior who had an interesting career in government service - a United States Marine Corps (USMC) Vietnam-Era veteran, who became interested in restoring the Constitution after I realized that W Bush had attacked (more...)