De-Postal Monopoly: Feinstein’s Sweetheart’s Deal

“Senator Diane Feinstein is married to the CEO of the largest commercial real estate services firm in the U.S.  The U.S. Postal Service is going bust, because it can no longer compete. It has a monopoly, but it’s market is shrinking. The U.S.P.S. is selling off 41 post offices and 11 other properties. Always before, it hired multiple firms to do this. That made sense. Real estate is local. It has over 500 more properties scheduled for sale. This time, the U.S.P.S. awarded an exclusive contract to one firm to unload these post offices. Amazing as it may seem, Feinstein’s husband’s firm got the contract. It was just one of those things, just one of those crazy things.”

http://teapartyeconomist.com/2013/06/03/de-postal-monopoly-feinsteins-sweethearts-deal/

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