FBI searches Rep. Cunningham's Home

Oh I just feel so bad........NOT!!! AP reports: FBI agents searched the San Diego-area home of Rep. Randy "Duke" Cunningham on Friday, and served warrants in Washington, D.C., at the yacht where he has been living, an official said. Agents also searched the offices of a defense firm whose founder bought the congressman's previous home, according to a U.S. Justice Department official who spoke on condition of anonymity. You may remember that Cunningham sold his home to Mitchell Wade (owner of the defense firm MZM) for $1.675 million in November 2003. Soon after, Wade put the house back on the market and it sold after nearly a year for $975,000 -- a loss of $700,000. Cunningham is a member of the House Appropriations Defense Subcommittee and the Permanent Select Committee on Intelligence, both of which oversee the kind of classified intelligence work Washington, D.C.-based MZM does for the military. The Defense Department halted orders this month on a five-year contract that provided MZM with $163 million of revenue over its first three years after the department's inspector general found that it did not satisfy rules on competitiveness Looks as though the chickens may be coming home to roost for another ethically challenged member of congress. If there is any justice in the world, DeLay will be next.