Dianne Feinstein’s Husband Gets $Billion-Dollar Sweetheart Government Deal

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Diane Feinstein will look you right in the eye and tell you she doesn’t have anything to do with the fact that her husband’s company makes millions and now billions of dollars off the government and she has nothing to do with it.

feinsteinShe is a corrupt crony capitalist of the worst kind.

Feinstein’s husband, Richard C. Blum, is chairman of C.B. Richard Ellis, or CBRE, the real estate firm hired in 2011 to serve as the exclusive agent to the Postal Service, selling facilities from post offices to plots of land worth hundreds of millions of dollars.

Hat tip / PageSix

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.

Journalist Peter Byrne conducted a yearlong investigation into the real estate portfolio of CBRE for his book, “Going Postal.” In the book, published in September, Byrne claimed the real estate company undersold Postal Service properties, shortchanging the Postal Service on tens of millions of dollars.

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Rodney Lee Conover

Rodney Lee Conover is a writer, producer and Senior Editor at JoeForAmerica.com

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