Monday, April 5, 2010

Feds Buy Commercial Real Estate at Alarming Pace: Obama Government Grows with Our Money

You won't believe what's going on in Washington, D.C. and surrounding areas. Here's a glimpse, and if it doesn't send a chill down your spine, you may be missing one:

Jefferson Memorial

If Obama tries to sell our government monuments, I hope we know about it before it happens.

If you are homeless in D.C., you get first pick, and the taxpayer return on investment (ROI) is flipped-off:
The GSA decided to sell the 46-year-old former NIH building at 7550 Wisconsin Ave. in Bethesda eight years ago. "We have a process we have to go through before we sell a building. We have to offer it to homeless housing, to local government," said Bob Peck, commissioner for the GSA's Public Buildings Service.
Your tax dollars at work:
The government also is overhauling many of its buildings, making them energy efficient. As a result, several agencies will need to lease space in the commercial market for five years or so during renovations.
There goes the neighborhood:
The Bethesda business district's high vacancy rate will probably push any new owner of the former NIH property to offer substantially reduced rents to draw tenants, experts said.
Here's what an economic crises can do for a Marxist regime:
Expansion of the government's role in the nation's financial markets, increased defense spending and the new health-care law are driving its demand for more space. 
Source: Washington Post

Also talking about Obama's buying frenzy:

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