Friday, December 09, 2005


Josh Marshall drops a hint:

"HUGH BANCROFT III,, a member of the Bancroft family that owns Dow Jones & Co., publisher of the Wall Street Journal, buys Duke Cunningham's house for $2.6 million.

The house appreciated a mere 2% over two years.

Back in August, before the bottom fell out, Duke put it on the market for $3.5 million."

Watch for very kind coverage of Cunningham and his colorful friends in the Wall Street Journal (not that they wouldn't have received kid gloves treatment there anyway).

Joseph Cannon has done an exemplary job (and see also LieparDestin at Daily Kos) explaining the Cunningham/Wilkes/Wade connections, and the mainstream media, hobbled as it is by a lack of experience in covering the news, is following up behind. It's still early days, but it looks like the same old story of money appropriated for military purposes being directed to fund Republican politicians and put money in their pockets. What caught my eye was that Wilkes has CIA connections, through his history with a spooky, drug-money-laundering financial institution called World Finance Corp., which had connections to South American drug smuggling and Iran-Contra (same old, same old, for the CIA), and through his personal friendship with Kyle Dustin 'Dusty' Foggo, who is now the number 3 guy at the CIA. From

"According to past and present CIA officials interviewed over the past month, CIA executive director Kyle "Dusty" Foggo - whose career duties have encompassed letting CIA contracts - has had a long, close personal relationship with two contractors identified (though not explicitly named) in court papers as bribing Cunningham: Brent Wilkes of the Wilkes Corp., whose subsidiaries include defense contractor ADCS; and former ADCS consultant Mitchell Wade, until recently president of defense contractor MZM, Inc. It is a relationship, the CIA officials say (with some putting a particular emphasis on Wilkes), that has increasingly been of concern."


"Another recently-retired senior agency official, while not naming Wilkes or Wade by name, also noted concerns borne out of both personal experience with and reports from colleagues about Foggo. 'If you were a case officer and worked with him, you'd be saying to yourself, 'I've got to watch this guy,'' says the former official. 'There is one contractor with whom he enjoys a very, very, very close relationship.'"

I've been going on about the inexplicable way in which the CIA has been letting itself be pushed around by the White House (Cheney appears to have the CIA's balls in a jar on his desk). When Kennedy tried to reduce the power of the CIA, the Agency stood by and let the Pentagon blow his head clean off, and then set up the cover-up. Sending Valerie Plame out to fight the Bush Administration is hardly in the same league. Is it just possible that the reason for the CIA emasculation is that some of the highest officials in the CIA have been bought and paid for by Republican corruption?


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