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...Wallace now serves as investment committee chairman for Perry Properties Realty Investment Fund & Perry Properties, a commercial real estate company owned by Will Perry, son of Houston area homebuilder Bob Perry, a top Republican fundraiser in Texas who has enjoyed a long friendship with Karl Rove. Bob Perry made national news when he donated $200,000 to fund the controversial Swiftboat Veterans for Truth ads that challenged Senator John Kerry's war record during the presidential campaign...

Author: /time Magazine | Title: Frontrunner: Wallace Launches Bid for DeLay?s Seat | 4/4/2006 | See Source »

...political gains. This is nothing but a political hit job. And it's not just me. He's done it before, against all his political enemies, Democrats or Republicans. It is outrageous. It has had a direct impact on the future of this state and the future of the Houston-Galveston area. When you have the Majority Leader that passed the sales-tax deductibility in Texas, that got Texas 92 cents for every dollar of highway money [sent to Washington], which is $788 million more a year than what they'd been doing, when he has been able to fully...

Author: /time Magazine | Title: Q&A: Tom DeLay Explains His Decision | 4/3/2006 | See Source »

...minute interview on Monday. "I'm very much at peace with it." He notified President Bush in the afternoon. DeLay and his wife, Christine, said they had been prepared to fight, but that he decided last Wednesday, after months of prayer and contemplation, to spare his suburban Houston district the mudfest to come. "This had become a referendum on me," he said. "So it's better for me to step aside and let it be a referendum on ideas, Republican values and what's important for this district...

Author: /time Magazine | Title: Tom DeLay Tells Why He's Quitting | 4/3/2006 | See Source »

...realist. I've been around awhile. I can evaluate political situations," DeLay told TIME at his kitchen table in Sugar Land, a former sugar plantation in suburban Houston. Bluebonnets are blooming along the highways. "I feel that I could have won the race. I just felt like I didn't want to risk the seat and that I can do more on the outside of the House than I can on the inside right now. I want to continue to fight for the conservative cause. I want to continue to work for a Republican majority...

Author: /time Magazine | Title: Tom DeLay Tells Why He's Quitting | 4/3/2006 | See Source »

...sparking other reactions, especially after they ignored the pleas of rally organizers to wave only American flags. There was the scene in Apache Junction, Ariz., in which a few Hispanic students raised a Mexican flag over their high school and another group took it down and burned it. In Houston the principal at Reagan High School was reprimanded for raising a Mexican flag below the U.S. and Texas ones, in solidarity with his largely Hispanic student body. Tom Tancredo, the Republican from Colorado who has become Congress's loudest anti-immigrant voice, said his congressional offices in Colorado and Washington...

Author: /time Magazine | Title: Should They Stay Or Should They Go? | 4/2/2006 | See Source »

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