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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (223845)	1/31/2002 12:34:52 AM
From: Rollcast...	Read Replies (2) \| Respond to of 769670

Yeah, it looks like the McCauliffe money train is going to be coming under some major scrutiny... Those CNN producers are going to be hurting.

To: TigerPaw who wrote (223845)	1/31/2002 1:19:02 AM
From: Zoltan!	Read Replies (1) \| Respond to of 769670

Latest Clinton scandal: Morris: Clinton Bought 'Vacation Home' with Library Funds The top political strategist contended that the home's purchase "establishes that the money he got in return for (the Marc Rich) pardon was really a bribe." newsmax.com

To: TigerPaw who wrote (223845)	1/31/2002 4:15:58 AM
From: DOUG H	Read Replies (1) \| Respond to of 769670

But what about the starving elderly?????? CAGW Denounces Postal Service's Executives Relocation Program This is some perk, Schatz says. (Washington, D.C.) – Citizens Against Government Waste (CAGW) today criticized the U.S. Postal Service's (USPS) executive home financing program, in response to a report from the USPS Office of Inspector General (OIG). To relocate executives from low to high cost areas without lowering their standard of living, USPS purchases the executive's new home and operates as the lien holder. At the time of the review, there were 30 residences in the program valued at $12.3 million. "Once again, the U.S. Postal Service, which is about to hike its first-class letter rate by 8.7 percent to 37 cents, and just received a new $500 million federal subsidy, is caught with its hand in the cookie jar," CAGW President Tom Schatz said. "Even while postal executives plead poverty, hike rates, and demand bailouts, it is giving out executive bonuses and extravagant perks like this housing program." Last month CAGW criticized postal executives for distributing annual bonuses despite losing $1.7 billion in 2001. The USPS OIG has also identified $1.6 billion in waste, fraud, and abuse at the Post Office. The OIG's independent audit found that the postal program, called the Shared Real Estate Appreciation Loan Program, was more generous than relocation programs offered by Fortune 500 companies and federal agencies; offered selectively to 48 executives - 10 of whom did not fit the program eligibility requirements - between January 1997 and October 2000; offered in 3 cities not covered by the program; offered to 5 individuals multiple times, regardless of their eligibility; and based on informal policies that did not address program exceptions or establish adequate documentation. The way the program works is the Postal Service purchases a home for the postal executive. The executive contributes the equity from the sale of their prior residence and pays a "mortgage" to the Postal Service equal to the value of their prior home, according to the OIG. "Taxpayers and the Postal Service's captive ratepayers need to know a lot more about this program," Schatz also said. "$12.3 million divided by 30 homes comes out to an average of $410,000 per house. Congress must force postal executives to be more accountable and reign in waste." Citizens Against Government Waste is the nation's largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government. ### And TPcrats wanna keep the faucet open,............