January 23, 2025

The Trump Admin is Considering Selling Two-Thirds of the Federal Government’s Offices

Trump would push the sale to private companies who then will lease it back to the government at ripoff rates. Making his rich buddies even richer.

Australia sold government offices to private investors and leased them back under long-term agreements. Studies later found that the leases were more expensive in the long run compared to the costs of owning and maintaining the buildings.

The UK government sold public assets (including schools, hospitals, and office buildings) to private companies and leased them back under the PFI scheme. It resulted in higher costs for taxpayers due to inflated lease payments and maintenance contracts over decades.

By way of WSJ and Reddit




Previous post Trump Administration Directs Federal Health Agencies to Pause Communications America is out of WHO. Now we are just going to go dark and pretend nothing is happening. No news means no issues in the mind of MAGA. Amid a Next post Trump Moves to Revoke Clearances of Ex-intel Officials wWo Signed Letter on Hunter Biden Laptop WASHINGTON (AP) — President Donald Trump says his administration will move to revoke the security clearances of the more than four dozen former