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Ever wonder how lowly paid lawmakers leave office filthy rich? Sen. Dianne Feinstein is showing how it’s done.
The US Postal Service plans to sell 56 buildings — so it can lease space more expensively — and the real estate company of the California senator’s husband, Richard Blum, is set to pocket about $1 billion in commissions.
Blum’s company, CBRE, was selected in March 2011 as the sole real estate agent on sales expected to fetch $19 billion. Most voters didn’t notice that Blum is a member of CBRE’s board and served as chairman from 2001 to 2014. This feat of federal spousal support was ignored by the media after Feinstein’s office said the senator, whose wealth is pegged at $70 million, had nothing to do with the USPS decisions. When the national debt is $18 trillion, a billion seems like small change.
originally posted by: Brotherman
a reply to: queenofswords
link don't work and what should be illegal I have no clue what this op is about?
originally posted by: CharlieSpeirs
That's how Capitalism works.
originally posted by: DYepes
oh that evil witch. The Devil himself resides within her. She is the antithesis of Traditional American values, the evil witch.
originally posted by: buster2010
You know the old saying you don't go to DC to make laws you go there to make money. Both sides do this so why do people acted shocked when they find out it's real?
originally posted by: MOMof3
I read the article. I did not see where any laws were broken. How do you legislate greed hidden behind free market principles? It is a morality problem that seems to have taken over america.
originally posted by: Jamie1
originally posted by: buster2010
You know the old saying you don't go to DC to make laws you go there to make money. Both sides do this so why do people acted shocked when they find out it's real?
Yes, except the Democrat who is doing it in this case made her career out of demonizing the wealthy and big business.