Darrell Issa's Fight Against The Post Office- Could It Have Anything To Do With Contributions He Has Received From UPS?
80Darrell Issa Has Some Explaining To Do!
Darrell Issa, the GOP ranking member of the House Oversight and Government Reform Committee, is leading the charge that may very well close the United States Post Office. The fight may initially cost 120,000 postal service workers their jobs and eventually cost all of the other postal workers their jobs as well. The goal of the GOP and Issa, according to most involved in the fight, is to put the US Post Office out of business and allow private companies to take over all mail operations in this country. The reason: the GOP currently believes that private corporations are more efficient in every field. But according to the Center for Responsive Politics, Issa has received thousands of dollars in campaign contributions from the PAC representing UPS. To be fair, prior to Issa turning against the US Post Office, he did accept contributions from the US Post Office. Their representatives now say that Issa will never receive another dime. Does it sound a little fishy that Issa would accept money from both sides in the fight? Everything Issa does sounds fishy, because everything Issa does rarely passes the smell test.
Issa is one of the wealthiest men in Congress. He has a more than shady past, dotted with arrests for auto theft, allegations of arson and insurance fraud, as well as a conviction on weapons charges. Trust him because he has proven to be trustworthy? Not likely, if you consider his past. Even Issa's recent past while a member of Congress is shrouded in questionable actions. Congressman Issa purchased land and then asked for and received pork barrel government funds for improvements that increased the value of his investment. He has purchased another land parcel at a price $3 million dollars less than another offer on the table, thus suggesting to some that he has received millions of dollars in land discounts in a pay for play scheme.
Issa has a Goldman-Sachs connection, too. While using his Congressional power to block an investigation into the activities of Goldman-Sachs, it was revealed that Issa was investing millions with the company.
Does Issa Own Stock In UPS or FedEx?
Darrell Issa owns, according to his financial disclosure forms, interests in many financial funds that feature varied investments in many private corporations. The breakdowns of the funds' investment portfolios are not readily apparent. In light of issa's past patterns, it would be prudent to determine just how much, if any, money Issa has invested in either UPS, FedEx or any other private firms that would seek to pick up the slack if the Post Office were to close. Congress, or at least the Postal Service should pose the question to Issa. It is the only way to determine if Issa has a personal interest in pushing for the closure of the US Post Office. The hundreds of thousands of workers that would lose their jobs deserve answers.
Why The Post Office Operates At A Loss
The US Post Office costs American taxpayers nothing. All operating costs are funded by the sales of stamps and postage. Granted, they are currently operating in the red, but that is because of onerous requirements placed upon them in the recent past. Unlike any public or private corporation in this country, Congress has mandated that the post office fully fund all of their forseeable pension and health benefit costs for the next 75 years. Congress also decided, in their infinite wisdom, to allow only 10 years for the Post Office to accomplish this feat. Sounds impossible? It may prove to be. But Congress could remove the requirement, or at least amend it, so that the Post Office could survive.
In this economic climate of job losses and financial insecurity, why would the Republican members of Congress desire to add to the economic misery being suffered by millions of Americans? Why would they chance increasing the numbers of unemployed?
Maybe those making these decisions have personal financial gains to consider. The American people need to question the motives behind this all out assault on the U.S Post Office and its employees.
Leave it to Darrell Issa? No way! Not in light of his past transgressions and questionable sense of ethics. Issa, who owned the security company that manufactured the Viper car alarm even supplied his voice to the alarm itself. What is the old saying? If it sounds like a viper...
Issa's Colorful Past!
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Hi Jillian,
I posted a comment about an hour ago and it never showed up. HP don't like me anymore since Adsense dropped me. good one, put this guy in the slammer.
Peter
That's a familiar story Jillian. The post office workers in this country (UK) are on the hit list. There are some people in this World who'd sell their grannies for profit.
Way to 'Follow the money'!
Great Hub Jillian. issa has no scruples yet investigates everyone. Has he ever investigated himself? I doubt it. How does he get re-elected?
As always, Jillian, these guys are always cut from the same cloth. We are going to have to continue to call them out on their lies and spread of misinformation. Thanks Cred2
One has to wonder if anyone on the right has any morals or ethics. All of their issues seem to revolve around greed. Greed for money and greed for power.
Perhaps OWS offers a little ray of hope
Voted up as usual
And these are the same people screaming about Obama stopping the 'job creating' Keystone XL (which will only create about 20,000 jobs - maybe) . . . the hypocrisy never ends. Good hub!
Actually, I have heard of this. Think there's a bill out there trying to stop it but then what are the chances of that passing?! Go for it - looks like you really do your research and it will be a good hub! And you'll either feel better or be mad as hell after writing it - or both :)
Ups mkes so many more mistakes then the USPS/ million sent that it is not funny. If we let the GOP sell off this service it will be our falt not the GOP. By the way if the DEMS thought they could get away with it they would being doing the same. Both parties are for the rich parties. There is only one party that is for the people of this nation, The Green Party. If you want good government register and vote Green.
I know nothing of Issa, but I do know that unionized pensions are mounting at the post office and cannot be sustained!........I also know FedEX and UPS don't have these problems! The only real way to save these unionized pensions is for the American taxpayer to once again bail them out! I for one am sick and tired of bailing everyone out! Who is going to give me a pension when I'm working till I"m 70 so someone else can have one and be able to retire at 55?? .........something wrong with this pic!
American Romance I don't understand your statement. Unionized pensions are mounting?? Here are the facts: the pension funds for the USPS have been OVERFUNDED, and the unions are fighting to get Congress to refund these overpayments to the USPS so that they can use this money to get out of the financial hole Congress created back in 2006 when it passed the law requiring the USPS to prefund future retirees health benefits. There is no call from the unions for a bailout of any kind, nor is there any problem with any of the USPS pensions. Without the prefunding requirement alone, the USPS would be in the black. If Congress amends or eliminates this requirement, and refunds the pension overpayments, the USPS would be profitable, WITHOUT a bailout, WITHOUT reductions in service, WITHOUT closures of over 50% of all processing centers, WITHOUT major reductions in workforce, and (STILL) WITHOUT taxpayer money.
Jillian, NO YOU are not getting the point! Every independent business has to have a plan for funding promised retirement! It must be that the post office has never made that plan! Someone has figured out they are in trouble if they don't! You can bet money WE the taxpayer will be paying this if it doesn't get fixed! Don't think for a moment it wont happen!.............cause it always does!........How many times have we heard ......but their too big to fail blah blah blah















PETER LUMETTA Level 6 Commenter 7 months ago
Here is a prime example of your tax dollars at work, but not working for you but for Mr. Issa, the guy who is supposed to be working for you. There is no law that stops the people who make the laws from getting rich on those laws they pass. There aughta be a law! Today a Wall Street thief got convicted of insider trading and got the highest penalty ever given, 7 years, for stealing billions. This same thing needs to be applied to the thieves in Congress, they need to atart going to prison not getting a slap on the wrist and taken off a committee. Thanks for a really good article Jillian, good to see you, your friend,
Peter