Trump administration gave a $700M bailout to a $70M truck company after it allegedly defrauded the Pentagon

Originally published at: https://boingboing.net/2020/07/03/trump-administration-gave-a-7.html

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I’m sure that this is just the tip of the giant trump shitberg of CARES grifting.

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Like most right-wing populist regimes, this one is a grifter’s paradise of cronyism.

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The grift must flow.

image

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Of course they did; they’re a government contractor.

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It’s almost like Zollars knows where the bodies are buried.

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That picture is screaming out for a speech bubble / caption competition.

Screen Shot 2020-07-03 at 16.32.03

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Huh. We do collateral material for this company.

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Wow, that statement from Mnuchin is misleading. He makes it sound like this company employs 30,0000 truckers and has 200,000 corporate customers. It doesn’t. It can’t. Just doing the numbers from the pre-drop value of ~$430M, they might employ 1,000 to 2,000 full-time truckers, and that’s only if they run very lean on all the rest of their employees and their executive staff are paid well below standard. What those numbers are more likely to mean is that they do 30,000 individual loads per year and have, over the past decade or so, issued 200,000 invoices to companies, with lots of repeat business to the same ones over and over.

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Methinks someone at the company realized that if you let Trump pretend to drive one of your trucks he’ll give you anything you ask for.

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There once was a fellow named Zollars
Who loved to take Pentagon dollars
Cuz it isn’t illegal
To steal from the eagle
As long as you’re wearing white collars

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Bravo my good man.

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WELL PLAYED! BRAVO!!‏‏‎‏‏‎‏‏‎‏‏‎ ‎‏‏‎‏‏‎‏‏‎‏‏‎ ‎‏‏‎‏‏‎‏‏‎ ‎

(jeeesus h fucking christ, Discourse, yes this is a fucking sentence - train your algorithm better!!)

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Working as intended.

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Dolt 45 looks like he’s pinching one off in the cab.

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just like everything else he encounters, he shits on it.

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Drain the swamp…to scoop up the rotting dollars at the bottom of it! Seriously, I hope & pray this will get Zollars fired from his USPS job. We need the P.O. for voting, among other things.

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  1. You would think you could make a viable business out of 68% of DoD business.
  2. The fact that the govt. has taken over part of this business after it failed might indicate that we shouldn’t outsource military logistics.
  3. Our old Yellow rep said that when they did the Yellow/Roadway merger, they took the best parts of each company and destroyed them, then combined the steaming pile of garbage that was left.
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TrumpInc, who is fresh outta of fucks,
Bailed out not people but trucks
700mil
The bribe’s 7mil
To bribe crony Bill:
Lack of true oversight sucks!

ETA: incorrect dollar amount

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