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Yo_Mama_Been_Loggin

(107,922 posts)
Sat Aug 14, 2021, 08:03 PM Aug 2021

Calls for removal of "bandit" USPS Postmaster General Louis DeJoy gain steam

The removal of both U.S. Postmaster General Louis DeJoy and Ron Bloom, chair of the Postal Service Board of Governors, were demanded Friday night after it was reported that DeJoy had purchased hundreds of thousand of dollars worth of publicly-traded bonds from an investment firm for which Bloom is a managing partner—a transaction critics say is a gross breach of government ethics.

With Bloom and DeJoy—both appointed by former President Donald Trump—already under fire by defenders of the U.S. Postal Service for a scheme to slow mail service and undermine the nation's federal mailing system from within, the new reporting by the Washington Post revealed that DeJoy "purchased 11 bonds from Brookfield Asset Management each worth between $1,000 and $15,000, or $15,000 and $50,000" between October of 2020 and April of this year.

In total, the purchases totaled up to $305,000 during that period. In response to the reporting, Rep. Gerry Connolly (D-Va.)—who chairs the House Subcommittee on Government Operations which has oversight of the Postal Service—ripped into both DeJoy and Bloom.

"This report is outrageous," Connolly tweeted Friday night. "DeJoy and Bloom are bandits, and their conflicts of interest do nothing but harm the Postal Service and the American people."

https://www.msn.com/en-us/news/politics/calls-for-removal-of-bandit-usps-postmaster-general-louis-dejoy-gain-steam/ar-AANjVpN

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Calls for removal of "bandit" USPS Postmaster General Louis DeJoy gain steam (Original Post) Yo_Mama_Been_Loggin Aug 2021 OP
PLEASE can these guys be fired and prosecuted? Hekate Aug 2021 #1
lock these fucking asshole criminals up. NewHendoLib Aug 2021 #2
I have a 90 year-old neighbor across the street who get meds for a heart condition in the mail 70sEraVet Aug 2021 #3
It's corruption straight out. Dejoy purchased 305k or job security by buying bonds... brush Aug 2021 #4
Power feeds the ego and that is why he exists sanatanadharma Aug 2021 #8
Probably so it's ego. But the PO job is relatively obscure. I can see him hanging on if... brush Aug 2021 #13
What? former9thward Aug 2021 #9
Daily Kos just did a story on it. DeJoy did purchase the bonds, which is why Bloom... brush Aug 2021 #11
So Bloom backs DeJoy because his company made $300 on a sale of bonds? former9thward Aug 2021 #14
So you explain to us why Bloom is backing Dejoy who made a blatant attempt to slow... brush Aug 2021 #15
I don't know why. former9thward Aug 2021 #16
You don't know why he's backing Dejoy, the only top PO administrator who is? brush Aug 2021 #19
Do you know what bonds pay? former9thward Aug 2021 #23
You're not getting it. It apparently hasn't occurred to you that the 305k infusion of... brush Aug 2021 #24
These are NOT bonds in Bloom's firm. former9thward Aug 2021 #26
IT'S A CONFLICT OF INTEREST. brush Aug 2021 #27
Better do something quick... 2naSalit Aug 2021 #5
AFAIK, Bloom's term is up in December 2021. Grasswire2 Aug 2021 #6
The TRUTH comes out . . . George McGovern Aug 2021 #7
I went to the post office this week to buy stamps bucolic_frolic Aug 2021 #10
Corruption piled on top of corruption. keithbvadu2 Aug 2021 #12
Can we ship DeJoystick to Russia and leave him there? Blue Owl Aug 2021 #17
I can't believe DeJoy is still there SCantiGOP Aug 2021 #18
HE. CAN'T. BE. FIRED. soldierant Aug 2021 #28
He can be replaced SCantiGOP Aug 2021 #31
Get this a-hole out of there. And prosecute all accomplices in working to destroy USPS Evolve Dammit Aug 2021 #20
Get. Rid. Of. Him. NOW!!! ailsagirl Aug 2021 #21
The boss will get rid of him...soon..boss has other items on his list..like a country -Afghanistan.. Stuart G Aug 2021 #25
This is true. ailsagirl Aug 2021 #32
Hopefully this is enough "cause" for the Prez to fire these turds. dsp3000 Aug 2021 #22
THE.PRESIDENT.CANNOT.FIRE.THEM. soldierant Aug 2021 #29
lets get rid of the garbage ! Crooks and thieves RANDYWILDMAN Aug 2021 #30

70sEraVet

(3,495 posts)
3. I have a 90 year-old neighbor across the street who get meds for a heart condition in the mail
Sat Aug 14, 2021, 08:17 PM
Aug 2021

Needless to say, they don't show up on time, so she has to call her doctor, get a prescription to hold her over, then get one of her children to go get it. Fortunately, the kids live close by.
I know there are thousands upon thousands of stories like this.

brush

(53,771 posts)
4. It's corruption straight out. Dejoy purchased 305k or job security by buying bonds...
Sat Aug 14, 2021, 08:22 PM
Aug 2021

of the entity Bloom is administrator of. This of course was not supposed to come out. Now that it has, the Biden admin has the opening it needed to get trumper DeJoy out.

What I don't get is why DeJoy is hanging on to that job like a pitbull? He's wealthy as hell and doesn't need to work (I mean, 305k just laying around). Is he such a loyal trumper that he's determined to keep being a mole for trump? Maybe he was one of the ones who thought the orange turd would be re-installed yesterday and he would be needed to fuck up future elections.

sanatanadharma

(3,700 posts)
8. Power feeds the ego and that is why he exists
Sat Aug 14, 2021, 09:02 PM
Aug 2021

Ego is never satiated

Don't be an ego

Don't deJOY the ego

brush

(53,771 posts)
13. Probably so it's ego. But the PO job is relatively obscure. I can see him hanging on if...
Sat Aug 14, 2021, 09:25 PM
Aug 2021

trump was still president and thinking trump might tap him for something bigger and more visible in his second admin, but that's certainly not happening.

Guess ego can be a powerful drug.

former9thward

(31,986 posts)
9. What?
Sat Aug 14, 2021, 09:06 PM
Aug 2021

That company Bloom works for made around $200 to $300 off the sale of those bonds. Those are not bonds for that company. They just sell them. They are a financial services company. The bond commission are very little. Bloom, BTW, is a long time Obama appointee and administrator.

brush

(53,771 posts)
11. Daily Kos just did a story on it. DeJoy did purchase the bonds, which is why Bloom...
Sat Aug 14, 2021, 09:18 PM
Aug 2021

a Democrat allegedly, is the only one in the top echelon of the PO who backs Dejoy.

Read it and weep.

This explains soooo much. Everyone except Republicans thinks Postmaster General Louis DeJoy has a really terrible plan to "save" the Postal Service by slowing down deliveries and hiking postage prices—including special price gouging specifically for holiday deliveries. The Postal Regulators blasted the plan. The new members on the Board of Governors blasted the plan.

But DeJoy is holding on to a critical ally: the chair of that Board of Governors (and Trump's only Democratic appointee), Ron Bloom. He's been sticking by DeJoy and this plan. "We do not and will not always agree," Bloom said, but insists everyone "has the best interest of the Postal Service at heart."

https://www.dailykos.com/stories/2021/8/13/2045613/-Cloud-of-corruption-surrounding-DeJoy-appears-to-envelop-Postal-Service-Board-chair?detail=emaildkre

former9thward

(31,986 posts)
14. So Bloom backs DeJoy because his company made $300 on a sale of bonds?
Sat Aug 14, 2021, 09:35 PM
Aug 2021

That is exactly what you are saying.

On Labor Day, 2009 (September 7), President Obama formally introduced Bloom as the Administration's Senior Counselor for Manufacturing Policy.He was charged with “working closely with the National Economic Council [to] provide leadership on policy development and strategic planning for the President’s agenda to revitalize the manufacturing sector.”

https://en.wikipedia.org/wiki/Ron_Bloom

Before that he was a senior advisor to the President of the United Steelworkers Union. Why would Obama appoint someone who you say can be corrupted for $300?

brush

(53,771 posts)
15. So you explain to us why Bloom is backing Dejoy who made a blatant attempt to slow...
Sat Aug 14, 2021, 09:40 PM
Aug 2021

mail-in ballots in the 2020 election which benefited trump? Why is he the only backing Dejoy?

Explain it please what the "Daily Kos" investigation is about. And it's obviously deeper than any $300.

former9thward

(31,986 posts)
16. I don't know why.
Sat Aug 14, 2021, 09:46 PM
Aug 2021

He has not said as far as I know. What I do know is that he is not doing so because his company, which makes hundreds of millions, made $300 selling some bonds.

brush

(53,771 posts)
19. You don't know why he's backing Dejoy, the only top PO administrator who is?
Sat Aug 14, 2021, 09:56 PM
Aug 2021

What are you protesting then? Something shady is obviously afoot. DeJoy coughed up 305k, certainly not chump change, easily enough. There's probably more where that came from that went who knows where. That doesn't arouse suspicions in you worth meriting an investigation?

former9thward

(31,986 posts)
23. Do you know what bonds pay?
Sat Aug 14, 2021, 11:05 PM
Aug 2021

1 or 2 or 3% over 10 years. Such as US Treasury bonds. Yeah, tons of money being made there. Let's investigate everyone buying bonds.

brush

(53,771 posts)
24. You're not getting it. It apparently hasn't occurred to you that the 305k infusion of...
Sat Aug 14, 2021, 11:21 PM
Aug 2021

cash benefited Bloom's firm. That's a huge conflict of interests right there. And then there's also the question which come immediately to mind is if the quasi-legal transaction could be an above board-appearing distraction from maybe an under the table transference of funds to who knows where?

The glaring point is it's a huge conflict of interest.

Come on. You have to know this. No one in government should make these kind of questionable transactions with a colleague's firm.

former9thward

(31,986 posts)
26. These are NOT bonds in Bloom's firm.
Sat Aug 14, 2021, 11:31 PM
Aug 2021

There is no 300k "infusion of cash". The so-called infusion of cash goes to the government or company issuing the bond. All Bloom's company is doing is selling it. They get a commission. About $300 on 300k.

brush

(53,771 posts)
27. IT'S A CONFLICT OF INTEREST.
Sat Aug 14, 2021, 11:35 PM
Aug 2021

And perhaps it influences Bloom in backing DeJoy, the guy who tried to slow down the mail so trump would win.

Wake up. You want DeJoy to stay in that position and keep slowing down the mail, and maybe messing with the '22 election?

2naSalit

(86,569 posts)
5. Better do something quick...
Sat Aug 14, 2021, 08:24 PM
Aug 2021

Like get him out of his position and charge him with crimes in the appropriate manner.

Grasswire2

(13,568 posts)
6. AFAIK, Bloom's term is up in December 2021.
Sat Aug 14, 2021, 08:26 PM
Aug 2021

He is currently in a one-year "extra" term expiring then.

He was originally appointed to the board in 2019 to fill the one year remaining of a board member who left. Then somehow got this extra term of one more year.

Although nominally a Dem, he's another white fat cat. Sure would be nice to see some diversity on that board.

bucolic_frolic

(43,137 posts)
10. I went to the post office this week to buy stamps
Sat Aug 14, 2021, 09:07 PM
Aug 2021

of several denominations. All they had were forever books, and a few one cent stamps. I said what happened to ten cent stamps? "You can order them online." Yeah, for a shipping fee.

SCantiGOP

(13,869 posts)
18. I can't believe DeJoy is still there
Sat Aug 14, 2021, 09:55 PM
Aug 2021

There is no downside to firing him tomorrow. I’m very disappointed that he is still there.
I’m surprised the US Chamber and other business groups aren’t leaning on the GOP to get him out. He is costing businesses millions of dollars.

soldierant

(6,847 posts)
28. HE. CAN'T. BE. FIRED.
Sat Aug 14, 2021, 11:39 PM
Aug 2021

Except by the board of Governors and I don't believe Bloom is the only one supprting him

I suppose deJoy, Bloom, or both could be criminally charged, but that would not remove either from his office. It might be worth doing anyway, just for leverage.

Republicans have been working to bring this situation about since at least 2006, and maybe earlier. Only Congress can change those rules, and the GOPs in the House and Senate are working hard now to keep them busy with ther things. And the ones in the Senate would filibuster any attempt to 12make the USPS effective.

I think right now I may be angriest at all the Democrats who failed to vote in all the elections fro, 1980 goin forward, and that includes midterms. What we are reaping now was sowed during that 40+ years.

SCantiGOP

(13,869 posts)
31. He can be replaced
Sun Aug 15, 2021, 12:09 AM
Aug 2021

Maybe not directly, but Biden can probably replace the Chairmen for cause.
Do it and fight it out in court.

Stuart G

(38,420 posts)
25. The boss will get rid of him...soon..boss has other items on his list..like a country -Afghanistan..
Sat Aug 14, 2021, 11:30 PM
Aug 2021

ailsagirl

(22,896 posts)
32. This is true.
Sun Aug 15, 2021, 12:54 AM
Aug 2021

I think our President his that snake in sight, so I know it’ll be only a matter of time.

🤞🏽🤞🏽

soldierant

(6,847 posts)
29. THE.PRESIDENT.CANNOT.FIRE.THEM.
Sat Aug 14, 2021, 11:41 PM
Aug 2021

Only the Board can fire the deJoy, and no one can fire Bloom. His term expires in December and he can be replaced.

That is how the LAW is written.

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