DeLay and Exxon

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Somehow, for some reason, it always comes back to Exxon, doesn’t it? Here’s Newsday:

House Majority Leader Tom DeLay owns stock worth more than $50,000 in ExxonMobil, according to financial disclosure reports, while at the same time he is one of the driving forces behind legislation that would shield that company and other manufacturers of the gasoline additive MTBE from lawsuits that could cost them millions.

Already under fire for alleged ethical lapses, DeLay, a Texas Republican, has hired the Houston law firm Bracewell and Giuliani to defend against those charges. But the firm, in which former New York City Mayor Rudolph Giuliani is a partner, also represents a host of MTBE manufacturers in court and in Congress.

My colleague Erik has written about the MTBE liability legislation here. This latest story certainly adds an ugly twist. Granted, as far as scandals go, it’s not the most amount of money ever, but as the Carpetbagger Report comments, it certainly “feeds the perception that DeLay thinks he can get away with anything.”

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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