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Saturday, June 02, 2012

Government Selling Off Real Estate

The White House said that at the rate things were going, the government would save more than $8 billion by year's end through real estate deals. Most of the savings come from the Pentagon's Base Realignment and Closure process, but civilian agencies so far have saved nearly $2.5 billion combined. The Internal Revenue Service has reduced office space by 1 million square feet, and the General Services Administration has made a relative killing on a 1950s building in Nome, Alaska, which sold for nearly $1.7 million.

4 comments:

Anonymous said...

Since when did this criminal regime care about saving money? Of course this is a rhetorical question because we all know the answer. It's election season.

Anonymous said...

My guess only people with money are Chinese so they will own us soon

Anonymous said...

Isn't the Alaske property the ones sold to Russia or China? And, I can imagine, not a penny was excnanged, only debt papers.

Anonymous said...

the government is also buying real estate. they have use gas tax money on the state level to purchase land. remember they paid 14 million for land on snow hill rd a few years ago. its funny because the state owned the same land in the 70's. its like they bought it twice yet the are broke??? this pice of land is on snowhill rd, millville rd iron furnace rd about 4400 acers.