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OpEdNews Op Eds    H4'ed 8/19/20

How to Fire the Postmaster General

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How to Fire the Postmaster General

By Joel D. Joseph

Even though Postmaster General Louis DeJoy has backed off from his plan to sabotage the U.S. Postal Service, he should be fired for the harm that he has already done as well as for his conflicts of interest. The Board of Governors of the USPS has the power to fire the Postmaster General. 39 U.S. Code ┬ž 202.

Federal law also provides that the Governors "shall represent the public interest generally." The Postmaster General has acted contrary to the public interest by slowing down mail service, cutting overtime, eliminating mail-sorting machines and removing mailboxes around the country. Each of these sorting machines can sort 35,000 pieces of mail per hour.

Documents obtained by CNN indicate that 671 machines used to sort letters or other pieces of mail are slated for "reduction" in dozens of cities this year. This is about ten percent of the total sorting machines. In addition, theUSPS has removed mailboxes in Oregon,Montana,Indiana and in Manhattan. Trucks filled with the blue metal boxes alarmed Oregon residents in Portland, where four were removed, and in Eugene (28 boxes) recently.

Conflict of Interest DeJoy continues to hold a $30 million equity stake in his former company, XPO Logistics, a USPS contractor, which could conceivably partner with a competitor if the agency stumbles.

Postmaster DeJoy also purchased Amazon stock options after he was appointed postmaster general, giving him the right to buy shares of Amazon at a price much lower than their current market price, according to his financial disclosure filings. Amazon competes directly with the postal service in the delivery of packages.

How to Take Action

The position of Governor of the United States Postal Service is a part-time job. Governors are paid $30,000 per year, plus $300 per day for not more than 42 days of meetings each year and travel expenses.

The board is composed of four Republicans and two Democrats, mostly political hacks. Robert Duncan is CEO, Chairman and president of a small bank in Kentucky and longtime Republican Party fundraiser, a close associate of Mitch McConnell. McConnell recommended that President Trump appoint Duncan's son to be the U.S. attorney for the eastern district of Kentucky.

John Bargeris the managing director of NorthernCross Partners, an investment and advisory firm providing private capital and advisory services to middle market companies and private equity funds.

Ron Bloom is a Managing Partner and Vice Chair in Brookfield's Private Equity Group, responsible for investment origination, analysis and execution across North America. Prior to joining Brookfield, Mr. Bloom was Vice Chairman, U.S. Investment Banking, at Lazard, focused on restructurings, mergers and acquisitions. Bloom was the CarCzar under President Obama. He botched the auto bailout by failing to require General Motors and Chrysler to keep U.S. auto plants in operation. After these two U.S. auto companies were bailed out they moved production outside of the United States.

Roman Martinez is a director of Rmiv Advisory LLC in Palm Beach, Florida.

Donald Moak is a former Delta Airlines Boeing 767 pilot and former president of the Air Line Pilots Association.

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Chairman, Made in the USA Foundation, economist and lawyer, author of ten books and hundreds of articles.
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