buildings that currently house U.S. Post Offices. The government has decided it no longer needs these buildings, many of which are located on prime land in towns and cities across the country. The sale of these properties will fetch billions of dollars and a handsome 6% commission to the company handling the sales. Richard Blum is Chairman of the Board since September 2001.Why the husband of Senator Dianne Feinstein, that's who.
Senator Feinstein and her husband, Richard Blum, stand to make a
fortune. His firm, C.R. I., is the sole real estate company offering these properties for
sale. Of course, C.R.I. will be making a 6% commission on the sale of each and every one of these postal properties. They were purchased with U.S. taxpayers dollars, and they are allowed free and clear by the U.S.P.S. The only cost to keep them 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 property taxes on these subject properties.
How does a powerful U.S. Senator from San Francisco manage to get away
with such a sweet deal? A powerful United States Senator's husband is standing by, all ready to make millions from a U.S. taxpayer funded enterprise.
No one in the mainstream media is even raising an eyebrow over his 6%
commission on the sale of hundreds of millions of dollar's worth of quasi-public assets
Richard C. Blum
Robert E. Sulentic