California Senator Dianne Feinstein, vice chairman of the powerful Senate Intelligence Committee, is demonstrating how lowly paid lawmakers leave office filthy rich, according to a newspaper columnist that writes about the senior Democrat’s most recent scandal.
Like many of Feinstein’s past scandals, this one involves her enormous influence as a veteran federal lawmaker translating into big bucks for her husband, real estate mogul and investment banker Richard Blum. The U.S. Postal Service is selling 56 buildings and Blum’s commercial real estate company, CBRE, stands to make about $1 billion in commissions, the news report says. A few years ago CBRE was selected as the sole real estate agent for the huge deal, most likely with the help of his powerful wife.
Here’s a line from the article, which appears in a New York paper this month: “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.” It’s not surprising that the mainstream media swallowed the unbelievable denial since Feinstein is the prototype of the liberal politician that seldom receives any real scrutiny. We’ve seen evidence of this in the mainstream media’s ongoing love fest with President Obama.