HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Oh joy Diane Feinstein's ...
Introducing Discussionist: A new forum by the creators of DU

Wed Feb 6, 2013, 11:40 PM

Oh joy Diane Feinstein's husband behind selling off of Historic Post Offices in CA

http://www.savethepostoffice.com/eureka-postal-service-finds-gold-california

* And by the way the selling off of historic WPA Post Offices 2,200 of them was initiated by Reagan

--snip

The Postal Service and CBRE soon set up a website advertising many of the USPS properties for sale. But overall, the company seems to be taking a low profile. Some properties have been put up for sale without appearing on the website, and CBRE rarely gets mentioned in news articles about pending or completed sales.

The California connection is that CBRE is headquartered in Los Angeles, and the Chairman of the Board is Richard C. Blum ó a native of San Francisco, a graduate of UC-Berkeley, and a Regent of the University of California. He also happens to be the husband of California Senator Dianne Feinstein.


Mr. Blum has been on the board of CBRE since 1993, and he's been Chair since 2011. In 2001, Mr. Blum's company, Blum Capital Partners, an equity investment management firm, did a leveraged buyout of CBRE for $800 million. In other words, Mr. Blum basically owns and runs CBRE.

The Blum-Feinstein relationship has received scrutiny because of Mr. Blumís government contracts as well as his dealings with China, which raise conflict-of-interest issues with his wifeís official duties. For example, in 2009 the senator introduced legislation to provide $25 billion in taxpayer money to the Federal Deposit Insurance Corp, a government agency that had recently awarded CBRE a contract to sell foreclosed properties. Citizens for Responsibility and Ethics in Washington (CREW) urged the Inspector General of the FDIC to investigate the CBRE contract, but apparently that didnít happen. (More on the web of connections, here and here, and more allegations, here.)

32 replies, 5365 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 32 replies Author Time Post
Reply Oh joy Diane Feinstein's husband behind selling off of Historic Post Offices in CA (Original post)
flamingdem Feb 2013 OP
abelenkpe Feb 2013 #1
flamingdem Feb 2013 #3
lonestarnot Feb 2013 #2
flamingdem Feb 2013 #4
lonestarnot Feb 2013 #5
flamingdem Feb 2013 #6
lonestarnot Feb 2013 #7
flamingdem Feb 2013 #8
HiPointDem Feb 2013 #12
HiPointDem Feb 2013 #13
flamingdem Feb 2013 #15
HiPointDem Feb 2013 #14
hughee99 Feb 2013 #17
HiPointDem Feb 2013 #20
hughee99 Feb 2013 #30
dreamnightwind Feb 2013 #9
flamingdem Feb 2013 #10
HiPointDem Feb 2013 #11
flamingdem Feb 2013 #16
Egalitarian Thug Feb 2013 #18
Tom Ripley Feb 2013 #19
appal_jack Feb 2013 #21
Left Coast2020 Feb 2013 #27
slackmaster Feb 2013 #22
flamingdem Feb 2013 #23
slackmaster Feb 2013 #24
flamingdem Feb 2013 #25
slackmaster Feb 2013 #26
awoke_in_2003 Feb 2013 #28
Raine Feb 2013 #29
robinlynne Feb 2013 #31
Xithras Feb 2013 #32

Response to flamingdem (Original post)

Wed Feb 6, 2013, 11:59 PM

1. Bummer

I just emailed her in the hope that she would support the post office.

The post office near my old work has been sitting empty for years. Nice property near the beach. Totally overrun with weeds now.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to abelenkpe (Reply #1)

Thu Feb 7, 2013, 12:03 AM

3. Good idea!

There is something hinky going on with those sales. I think that some pressure has happened to preserve at least some of them. Or I'm dreaming. I will write her as well.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 12:01 AM

2. Bluedogger.

She's no differently positioned than idiot Clarence Thomas. They're apparently allowed conflict of interest operations.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lonestarnot (Reply #2)

Thu Feb 7, 2013, 12:04 AM

4. Indeed.

Something very questionable about his involvement and her position. She should be against selling off those historic buildings and against loss of jobs at the PO!

grrrr ville

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Reply #4)

Thu Feb 7, 2013, 12:06 AM

5. No shit ville!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lonestarnot (Reply #5)

Thu Feb 7, 2013, 12:08 AM

6. Berkeley called him out

http://www.dailykos.com/story/2012/12/01/1165912/-Selling-off-the-Post-Office-Berkeley-calls-out-Richard-Blum#

Angered by the proposed sale of their historic Downtown Post Office, citizens of Berkeley, California are going to San Francisco on Tuesday, December 4th. They have two demands. The first is that investment bankers stop profiteering from the sale of public property assigned to the Postal Service. And the second demand is that Congress stop bleeding the Postal Service dry.

Led by Citizens to Save the Berkeley Post Office, community members will assemble at 11:30 a.m. for a rally at 909 Montgomery in front of the offices of Blum Capital Partners. Blum Capital is a private equity firm founded in 1976 by Richard Blum, a current regent of the University of California. Commercial real estate giant Coldwell Banker Richard Ellis (CBRE) is among the many investments of Blum Capital. In fact the Chairman of CBRE is Richard Blum.
Poster: Citizens to Save the Berkeley Post Office
"The hand of Richard Blum" Graphic by Sances & Hazelwood
The Postal Service is eager to sell properties in their control to raise quick cash. CBRE advises the USPS on what properties to sell. The properties are advertised on a joint CBRE/ USPS website and as a general rule CBRE profits again as the listing agent.

After the rally in front of Blum Capital, the marchers intend to proceed down Montgomery Street to One Post Street, the office of California Senator Dianne Feinstein. Senator Feinstein's husband is Richard Blum.

Newspaper headlines read "The Post Office is Going Broke". Truth: The Postal Service is being bled dry by a law passed in the 2006 lame duck session of Congress.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Reply #6)

Thu Feb 7, 2013, 12:19 AM

7. No they are in fact being stolen fucking blind.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lonestarnot (Reply #7)

Thu Feb 7, 2013, 01:03 AM

8. I found out locally that historic associations can't do a thing

when it's federal property. What a Catch 22. Screwn

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Reply #8)

Thu Feb 7, 2013, 01:16 AM

12. but private oligarchs can get it on the cheap

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lonestarnot (Reply #7)

Thu Feb 7, 2013, 01:17 AM

13. +1. and 'we' are being stolen blind, in that all public assets were paid for with public dollars

 

and will likely be transferred to private hands below cost.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HiPointDem (Reply #13)

Thu Feb 7, 2013, 01:22 AM

15. And even built and lovely murals painted in some by the WPA!

So disgusting that Blum is behind this grrrrrr

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lonestarnot (Reply #2)

Thu Feb 7, 2013, 01:19 AM

14. the entire concept of 'conflict of interest' seems to have disappeared, save when it's to be used

 

against some low-level schmuck, usually one trying to do something decent.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to lonestarnot (Reply #2)

Thu Feb 7, 2013, 01:25 AM

17. This is nothing compared to her husband's companies getting billions in war contracts

while she sat on the defense appropriations committee.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to hughee99 (Reply #17)

Thu Feb 7, 2013, 01:30 AM

20. it's the *same* thing.

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HiPointDem (Reply #20)

Thu Feb 7, 2013, 10:49 AM

30. Not in scale.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 01:04 AM

9. The rot in our own party

These two are not our friends. Great OP!

I have never heard Richard Blum's name without the prefix of "war profiteer". I don't know what that's all about, but I've seen more than enough of his wife over the years, a big-money DINO. California deserves better.

It's a shame we can never mount a serious primary against a powerful senator like Feinstein. It would be a worthwhile fight.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to dreamnightwind (Reply #9)

Thu Feb 7, 2013, 01:10 AM

10. At least now I know who to blame

I am very pissed off about this and will let her know!

When is she retiring!?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 01:15 AM

11. Which brings up another motivation for destruction of the post office: REAL ESTATE. Private grabs

 

for the REAL ESTATE and the assets.

shades of the russian oligarchs.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HiPointDem (Reply #11)

Thu Feb 7, 2013, 01:23 AM

16. Thanks reagan

He started this push as detailed in a post on the saveourpostoffice.com site.

Always reagan.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 01:25 AM

18. The U.S. Senate has been berry, berry good to Mr Blum and his wife.

 

There are not that many professions where one can expect a 40 year lucky streak that can propel an upper-middle class housewife to a personal fortune in excess of $70M, and a spouse that can successfully avoid several federal investigations for mind-bogglingly lucky foreign investments, particularly when one's primary wealth comes from government contracts.

Truly, their story is a tribute to the wonder that is the American system.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 01:27 AM

19. He is why I call DiFi a pigfucker.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 01:31 AM

21. DiFi is scum. Her husband is worse. K&R, n/t

Reply to this post

Back to top Alert abuse Link here Permalink


Response to appal_jack (Reply #21)

Thu Feb 7, 2013, 02:29 AM

27. I wanted to see someone challenge her after several of her votes supporting duffus

Lets see, war, the surveillance issue, ahh, more $$$ for war, allowing wire-tapping to take place from a switching station in San Francisco, uhhh, should I continue?

She should have been voted out long ago.

Di-Fi is a fake. Fuck her.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 01:37 AM

22. But guns.

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to slackmaster (Reply #22)

Thu Feb 7, 2013, 01:39 AM

23. Yea, is she doing anything effective there?

I avoid hearing about her

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Reply #23)

Thu Feb 7, 2013, 01:40 AM

24. The answer is no.

 

Or potato.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to slackmaster (Reply #24)

Thu Feb 7, 2013, 01:42 AM

25. More

wanking off.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Reply #25)

Thu Feb 7, 2013, 01:43 AM

26. It's a personal issue for her. Not rational at all.

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 02:32 AM

28. She and Harry the Wimp...

voted against filibuster reform. Suprprise, surprise, surprise (not)

Reply to this post

Back to top Alert abuse Link here Permalink


Response to flamingdem (Original post)

Thu Feb 7, 2013, 03:18 AM

29. She is one Democrat that NEVER gets my vote, I always leave it blank

no way can I vote for that crook.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Raine (Reply #29)

Thu Feb 7, 2013, 05:14 PM

31. excellent idea. count me in.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Raine (Reply #29)

Thu Feb 7, 2013, 05:39 PM

32. Same here.

I voted for her when she ran in the special election in 1992 (that was the very first election I ever participated in). Haven't voted for her since. That box stays blank.

Feinstein's political power came out of the same cabal that put Willie Brown in charge of California politics for so many years. Willie Brown was implicated not-so-long ago as being one of the string-pullers that put Arnold into office. There is no ideological or party loyalty with these people...it's all about power and money.

This is one of the reasons that I also dislike Gavin Newsom. He's Willie Brown's protege and has too many connections into Feinsteins political network.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread