In a story that shouldn’t have escaped our attention last week but somehow did (damn you, Chickipedia), the U.S. Treasury Department dramatically expanded its “carbon footprint” in Washington D.C. by scooping up 72,000 square feet (i.e. four floors) of new office space.
The floors – all four of ‘em – will house the government’s Troubled Asset Relief Program (TARP).
Oddly enough, what struck us as most peculiar about this deal wasn’t the square footage cost or the space required for all these new bureaucrats, it’s the timing of the leases.
They run ten years …
Wait, what?
A decade?
Wasn’t this supposed to be an “emergency” government program?
Clearly some folks in D.C. believe that bailouts … and the recession … are here to stay.
