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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCould This Be What Finally Gets Rid Of DeJoy?
A Democratic congressman is demanding that the Securities and Exchange Commission investigate a shady $54 million purchase of Oshkosh Corporation stock just hours before scandal-ridden Postmaster General Louis DeJoy announced the decision to award that company with a lucrative 10-year contract to produce a new, largely gasoline-powered fleet of U.S. Postal Service delivery trucks.
"This contract was awarded to Oshkosh Corporation and is worth up to $6 billion," Rep. Tim Ryan (D-Ohio) wrote in a letter to Acting SEC Chair Allison Herren Lee on Monday. "I write to pass along reports of what might be unusual trading of Oshkosh stock that took place less than 24 hours before Postmaster General Louis DeJoy publicly announced the contract decision in front of a House panel on February 23rd."
"It definitely stinks and needs to be looked into at the highest levels. If that is not suspicious, I don't know what is. Somebody clearly knew something."
Rep. Tim Ryan
Ryan's letter comes after he joined two fellow Ohio DemocratsRep. Marcy Kaptur and Sen. Sherrod Brownin urging President Joe Biden to halt the Oshkosh contract over concerns about "inappropriate political influence in the process."
https://www.rawstory.com/usps-contract/
I so want that crooked bastard to go down hard.
area51
(11,906 posts)patricia92243
(12,595 posts)WA-03 Democrat
(3,046 posts)Hoyt
(54,770 posts)Congress kicked in the extra cost of roughly $3 Billion. Considering the financial restrictions on the USPS and they have to beg for funds or loans every year, thats probably close to true.
tinrobot
(10,895 posts)The USPS just needs to decide what they want and how much they're willing to spend.
The electric ones cost more up front, but less over the lifetime of the vehicle due to lower maintenance and fuel costs.
hlthe2b
(102,225 posts)Blue Owl
(50,349 posts)Like Raphael Ted Loose-sCruzs (R-Batshit Crazy), makes you just want to punch the shit out of it. If I didnt know anything about either one, just seeing those faces, they piss me off enough Pow! Right in the kisser!
Jerry2144
(2,099 posts)The word you're looking for is backpfeifengesicht. The Germans have a perfectly good word for this. And it applies to the Korrupt Korpulent Koprolite who most recently (until Jan 20) occupied the White House.
[link:https://germanyinusa.com/2019/02/22/word-of-the-week-backpfeifengesicht/#:~:text=Well%2C%20Germans%20have%20a%20unique,in%20need%20of%20a%20fist.&text=The%20word%20Backpfeife%20means%20%E2%80%9Cpunch,and%20Gesicht%20means%20%E2%80%9Cface%E2%80%9D.|
GB_RN
(2,347 posts)Since I speak a little German, but that word, for some reason, always eludes me.
Fun fact: I was in (what was then West) Germany in August of '89 while the events that would trigger the fall of the Berlin Wall were kicking off. Of course, I didn't know it at the time - I was 17 and on an exchange program. Was surreal going through all the checkpoints from West-East Germany/West Berlin and then Checkpoint Charlie for crossing back and forth from East Berlin.
jimfields33
(15,774 posts)The top 5 persons from owning stock. Nope not in a trust either. Not in the wifes name or any family member. Heck they are all rich anyway. Let them keep them in a savings account until they finish their term no matter how long.
no_hypocrisy
(46,080 posts)He's after DeJoy as well.
magicarpet
(14,144 posts)empedocles
(15,751 posts)the mail sorting machines . . . somewhere . . . right?
Me.
(35,454 posts)Especially as I would bet that those machines will need to be replaced at some point
empedocles
(15,751 posts)Me.
(35,454 posts)or refurbishibg the ones they damaged, supposedly beyond repair?
Yavin4
(35,437 posts)and soon he'll be on his way to DePrison.
Tommymac
(7,263 posts)Auggy74
(60 posts)..DeLighted.
lagomorph777
(30,613 posts)it's DeJoy in DeJail!
PatSeg
(47,399 posts)This guy is so friggin' DeGraceful!
lagomorph777
(30,613 posts)PatSeg
(47,399 posts)Joinfortmill
(14,416 posts)Bluepinky
(2,268 posts)He seems to be a solid progressive, willing to put some teeth in the game.
Me.
(35,454 posts)far from the days when he thought he could replace Nancy P.
lagomorph777
(30,613 posts)Me.
(35,454 posts)was a thing of beauty
lagomorph777
(30,613 posts)PatSeg
(47,399 posts)He's come a long way. I'm starting to get impressed.
lagomorph777
(30,613 posts)OMGWTF
(3,951 posts)I will never be able to rid my memory of the Bug Man shaking his butt in flag pants on DWTS. I never watch that show, but accidentally saw that one scene while changing channels and it's haunted me ever since. Brain bleach, please!
lagomorph777
(30,613 posts)Ew.
BobTheSubgenius
(11,563 posts)I can't believe he would make a buy like that personally. At the very least, it was an associate.
Me.
(35,454 posts)way too arrogant to my mind for him to think he had to be cautious
appleannie1
(5,067 posts)maxsolomon
(33,310 posts)Who have the authority over the Postmaster General.
Me.
(35,454 posts)especially if an investigation is opened. I wonder what the delay is as he has already named the people for the board.
efhmc
(14,725 posts)efhmc
(14,725 posts)The Postmaster General is selected and appointed by the Board of Governors of the Postal Service, the members of which are appointed by the President of the United States, with the advice and consent of the United States Senate. ... The appointment of the Postmaster General does not require Senate confirmation.
Me.
(35,454 posts)how id it work for the former guy?
efhmc
(14,725 posts)JUst a few things, it doesn't say what exactly the procedure is. I looked it up and all I could get is advise and consent, but what will that entail. Also the article says there are 4 vacancies. In addition after looking at the pics of the last full board, I can guess why De Joy got what he wanted. THey all look like him in that they are middle aged white men, some balding.
efhmc
(14,725 posts)Rep. @CoriBush
(D-MO) to Postmaster General Louis DeJoy:
"Do you see it as a problem that the Board of Governors of the United States Postal Service looks like a millionaire white boys club?"
She is definitely great.
Poiuyt
(18,122 posts)I'm sure he wouldn't be involved in corrupt activities though.