SENATOR FEINSTEIN HUSBAND WIN CONTRACT TO SELL U.S.P.S. BUILDINGS
The US has entered into a contract with a real estate firm to sell 56 buildings that currently house U.S. Post Offices. All 56 were built, operated, and paid for by tax-paying American citizens. Now enjoy reading the rest: The government has decided it no longer needs these buildings, most of which are located on prime land in towns and cities across the country.
The sale of these properties will fetch about $19 billion!
A regular real estate commission will be paid to the company that was given the exclusive listing for handling the sales. That company is CRI and it belongs to a man named Richard Blum.
Richard Blum is the husband of Senator Dianne Feinstein!(Most voters and many of the government people who approved the deal have not made the connection between the two because they have different last names).
Senator Feinstein and her husband stand to make a fortune, estimated at between $950 million and $1.1 BILLION from these transactions!
His company is the sole real estate agent on the sale!
CRI will be making a minimum of 2% and as much as 6% commission on each and every sale. All of the properties that are being sold are all fully paid for. They were purchased with U.S. taxpayers’ dollars.
The U.S.P.S. is allowed free and clear, tax exempt use. The only cost to keep them open is the cost to actually keep the doors open and the heat and lights on. The United States Postal Service doesn’t even have to pay county property taxes on these subject properties. QUESTION? Would you put your house in foreclosure just because you couldn’t afford to pay the electric bill?
Well, the folks in Washington have given the Post Office the OK to do it! Worse yet, most of the net proceeds of the sales will go back to the U.S.P.S, an organization that is so poorly managed that they have lost $117 billion dollars in the past 10 years!
No one in the mainstream media is even raising an eyebrow over the conflict of interest and on the possibility of corruption on the sale of billions of dollars worth of public assets.
How does a U.S. Senator from San Francisco manage to get away with organizing and lobbying such a sweet deal ? Has our government become so elitist that they have no fear of oversight?
It’s no mere coincidence that these two public service crooks have different last names; a feeble attempt at avoiding transparency in these type of transactions.
Pass this info on before it’s pulled from the Internet. You can verify it on TruthorFiction and Snopes:
http://www.truthorfiction.com/rumors/b/Blum-Post-Office-Sale-061013.htm
http://www.snopes.com/politics/business/blum.asp
This is so City County Observer….Will print ANTHING…w/out attributing a source.
Who wrote this?
My guess……The CCO Editor is catching up on the news. THIS IS FROM THE YEAR 2013.
That’s right. This is a BAIT article….it is from 2013 or before….and the CCO printed it w/out a date or attribution.
Whew!
One other thing. Kind of important.
CBRE…Coldwell Banker Richard Ellis, a national commercial real estate group that is publicly owned, got this USPS listing. That’s what they do. They sell real estate nationally.
The CCO is printing paranoid trash apparently.
http://www.factcheck.org/2013/06/sen-feinsteins-husband-the-postal-service/
“Worse yet, most of the net proceeds of the sales will go back to the U.S.P.S, an organization that is so poorly managed that they have lost $117 billion dollars in the past 10 years!”
I won’t say that we’re not poorly managed , but that said ,most of the losses you cite are from paying retirement benefits 75 years into to future. No other Gov. agency does that , or is forced to.
It’s nothing more than a accounting trick , sort of like all those IOU’s to Social Sec.
And it was this long…
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