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View Full Version : Ever Wonder How a Humbly-Paid Senator Leaves Office Filthy Rich?



HoneyBadger
01-17-2015, 16:14
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.

http://pagesix.com/2015/01/16/senators-husband-stands-to-profit-from-government-deal/?_ga=1.137700920.922370688.1421462337

Dave
01-17-2015, 16:33
Backdoor stuff like this I'm thinking is very common, just usually not on this scale. People don't spend 100 hours a week on their campaigns and use $100k plus (sometimes 7 figures) of their own money to get a job with a 2 or 6 year time limit that pays ~ $170k a year.

buffalobo
01-17-2015, 17:43
Read up on the insider trading done by congress. The Stock Act bans insider training, but still almost impossible to enforce.

Great-Kazoo
01-17-2015, 18:07
Isolated Incident

wyome
01-17-2015, 21:07
its for her children

jerrymrc
01-17-2015, 22:01
its for her children

Her children are ready to retire. The grandchildren will only use it on Hookers and Blow so it must be for the great grandchildren.[LOL][Flower]

clark
01-18-2015, 10:55
Didn't they just recently pass a rule about congress and insider trading,,,,nothing like knowing in advance what laws are changing and being able to take advantage of it.

SamuraiCO
01-18-2015, 16:34
We use to have reporters that took their 1st amendment rights seriously. It's so clear they are in the bag for these d-bags while we continue to foot the bill and continued barrage of not paying our fair share.