Remember this the next time you're buying stamps at the post
office. An audit of the U.S. Postal Service has found that top mail
executives left employment there and then returned a few months
later as "knowledge transfer" contractors, racking up hefty fees.
The Washington Times
reports:
"These contracts were put in place, even though highly
experienced postal executives filled the positions vacated by the
former executives," the inspector general's office concluded in a
report, which was ordered by two senators amid a procurement
scandal involving the agency's former top marketing officer.
One former vice president retired in May and within two months
received a $260,000 no-bid "knowledge transfer" contract for the
postal executive who assumed his old job, the report found.
Overall, the inspector general's office found 17 no-bid
contracts awarded to former postal executives within a year of
their retirement dates ranging from October 2006 to September
2009.
Citing three of the contracts, the report found the rate was $75
an hour for one former executive and $160 an hour for two others.
The fees were between $6 and $72 an hour higher than the hourly
rate the executives made at the Postal Service, according to the
report.
Such contracting practices raise serious ethics concerns, the
inspector general's office warned in the report: "It appears
unethical to hire back former executives at nearly twice their
former pay to advise new executives who were placed in their
position based on their expertise and years of Postal Service
experience.
I think it's safe to eliminate the "appears" unethical part.
ADVISORS, give me a break! No doubt they advise on such things
as THE BEST WAY TO INSTALL A SCREEN DOOR ON A SUBMARINE [or
possibly HOW TO CHARGE A PENNY FEE FOR THIRD CLASS MAIL AND MAKE A
PROFIT FROM SAME] at the taxpayer money bleeding operations at the
USPS!!!!
JD| 10.5.10 @ 9:43AM
I understand Oldefarte's rant and most is probably deserved by
the managers there. But he had one thing wrong, the Postal Sevice
works from the income off stamps, not tax payer money.
Oldefarte| 9.27.10 @ 11:58AM
ADVISORS, give me a break! No doubt they advise on such things as THE BEST WAY TO INSTALL A SCREEN DOOR ON A SUBMARINE [or possibly HOW TO CHARGE A PENNY FEE FOR THIRD CLASS MAIL AND MAKE A PROFIT FROM SAME] at the taxpayer money bleeding operations at the USPS!!!!
JD| 10.5.10 @ 9:43AM
I understand Oldefarte's rant and most is probably deserved by the managers there. But he had one thing wrong, the Postal Sevice works from the income off stamps, not tax payer money.