Dan Riehl of the Riehl World View has run two very interesting posts building on published material about Nancy Pelosi's family fortune(s), and the possible role of (gasp!) political influence in securing lucre for relatives. The issue immediately at hand is Treasure Island, formerly the property of the United States Navy, a man—made isalnd in the middle of San Francisco Bay. It is being decontaminated at taxpayer expense, and plans are for it to be developed to house 6,000 families. It is all very complex, and many details remain murky. Dan summarizes nicely: So, we have a major land transfer with the Army and Navy spending money to rehabilitate the land as a result of major contamination. And there is Nancy Pelosi on the front end involved in the land transfer — her son in the middle involved with zoning — and a nephew bringing up the rear with the developer. Coincidence? And how much pressure did Pelosi exert on the military to put money into this, or grant...(Read Full Post)