Ron Paul will launch a formal investigation into $44 Million given to Kingfisher!

Editor's note: This is the final installment of a seven-part series that details federal stimulus funding to the Crossroads.

One private company received approval for more stimulus money than all other Crossroads agencies combined, according to multiple federal sources.

This region's biggest recipient by far won't discuss how it will spend $44 million, money that represents your tax dollars.

Questions raised by the Advocate in this story prompted U.S. Rep. Ron Paul, R-Surfside, to announce this week his office will launch a formal investigation.

The company's vice president and general counsel said corporate officers can't answer basic questions about the money: How many jobs will the $44 million create? What work will be performed? What's the rationale for the projects?

A deeper look at the company, King Fisher Marine Services Inc. in Port Lavaca, and at its Houston-based parent company, Orion Marine Group, raises another question: Why did the Texas group's top executive give money last year to an Indiana congressman? The Indiana congressman is under federal investigation for fundraising practices and earmarking big sums for out-of-state businesses.

Read more at: http://www.victoriaadvocate.com/news/2010/jan/01/gs_stimulus...