Acutally the bigger dope here is the US Gov’t (and by default us). Why in the world would the USPS give these people $100M of tax-payer money in the 1st place!
Once the Federal Government becomes big enough it becomes immune from justifying or responding to criticism. At most, a mid level government official will be asked to resign and they’ll continue business as usual.
InsGuy: The USPS paid Armstrong $30M but, if they recover then the added penalties because it involves the federal government will be about $100M. However, I agree – why would the USPS invest in Lance Armstrong for advertising.
We should all think about this: How much money did these organizations profit during the period that Armstrong represented them – before and after the doping scandal? Should they be allowed to get back the money they paid to Armstrong if they made more than that from his endorsing them – NO! For all we know the insurance company may have made $25M from Armstrong’s endorsements – same with the USPS as they may have made more than $30M in increased shipping from Armstrong. ANYTIME a company pays someone to endorse them they are gambling that person will retain a clean image or at least long enough for them to recope their investment. Let us not allow these companies seeking reimbursement from Armstrong be the biggest crooks of all.
Your right I used the incorrect number. I agree with all but USPS thing – haven’t you kept up? They haven’t made money on anything in the last 30 years or so! :)
Well this is unrelated but last year the State Department spent $650,000 on Facebook “likes”…Facebook “likes”…. Don’t tell me the State Department is underfunded, spending $650,000 on Facebook “likes” is the definition of government largess/waste. And they didn’t even get positive results because next to nobody wants to “like” the State Department on Facebook.
June 4, 2014 at 3:41 pm
Destro says:
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Every governmental agency would have a surplus if they eliminated the wasteful spending.
June 6, 2014 at 9:48 am
Libby says:
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I don’t understand what you mean about spending $650,000 on Facebook likes. Did they do a study on it? Or did they pay someone to set up a FB page for them?
Seems to me that the only dope involved here was Armstrong.
May he lose everything, and then some.
Acutally the bigger dope here is the US Gov’t (and by default us). Why in the world would the USPS give these people $100M of tax-payer money in the 1st place!
Once the Federal Government becomes big enough it becomes immune from justifying or responding to criticism. At most, a mid level government official will be asked to resign and they’ll continue business as usual.
InsGuy: The USPS paid Armstrong $30M but, if they recover then the added penalties because it involves the federal government will be about $100M. However, I agree – why would the USPS invest in Lance Armstrong for advertising.
We should all think about this: How much money did these organizations profit during the period that Armstrong represented them – before and after the doping scandal? Should they be allowed to get back the money they paid to Armstrong if they made more than that from his endorsing them – NO! For all we know the insurance company may have made $25M from Armstrong’s endorsements – same with the USPS as they may have made more than $30M in increased shipping from Armstrong. ANYTIME a company pays someone to endorse them they are gambling that person will retain a clean image or at least long enough for them to recope their investment. Let us not allow these companies seeking reimbursement from Armstrong be the biggest crooks of all.
Your right I used the incorrect number. I agree with all but USPS thing – haven’t you kept up? They haven’t made money on anything in the last 30 years or so! :)
How does a governmental agency “make money?”
Libby – even non-profits can run budget surpluses.
Oh, really? The government has an agency with a budget surplus hanging out there? I’d like to see that.
Well this is unrelated but last year the State Department spent $650,000 on Facebook “likes”…Facebook “likes”…. Don’t tell me the State Department is underfunded, spending $650,000 on Facebook “likes” is the definition of government largess/waste. And they didn’t even get positive results because next to nobody wants to “like” the State Department on Facebook.
Every governmental agency would have a surplus if they eliminated the wasteful spending.
I don’t understand what you mean about spending $650,000 on Facebook likes. Did they do a study on it? Or did they pay someone to set up a FB page for them?