Subj : Re: Chinese Scientists Cr
To   : AARON THOMAS
From : Mike Powell
Date : Mon Mar 03 2025 12:21:00

>  KW> I'd have a hard time believing that the US government selling the Nancy
>  KW> Pelosi building in San Francisco then leasing it back at a profit to the
>  KW> buyer was an entirely financial move.

> That's another story I'm not familiar with. It's local news for you. What's up
> with it? By the way you described it, it sounds like a profitable thing for th
> government to do.

It means the US Government owned it, had equity in it, sold it to someone
else and are now paying that someone else rent money.

Here in Kentucky, administrations used to "pay" donors by renting buildings
from them vs. owning their own.  KY eventually came to realize that it
was cheaper to either own outright, or have a mortgage on, their own
buildings and got out of all the rental agreements they could.

I wouldn't mind hearing more about this San Fransisco deal but it sounds
like on the surface that they are wasting money.


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