Results 1 to 7 of 7

Thread: Four Stars for Hire

  1. #1
    OBGibby's Avatar
    OBGibby is offline TSP Talker
    Join Date
    Dec 2008
    Posts
    434

    Default Four Stars for Hire

    Retired military officers cash in as well-paid consultants

    USA Today - Tom Vanden, Ken Dilanian - ‎14 hours ago‎
    Most of the retired officers, one to four stars in rank, have been paid hundreds of dollars an hour by the military even as they worked for companies ...

    "WASHINGTON - Six months after Marine Lt. Gen. Gary McKissock retired in 2002, he did what many other ex-military leaders do: He joined the board of directors of a defense contractor, a company doing business with his former service.

    McKissock also had a second job. The Marines brought him back as an adviser, at double the rate of pay he made on active duty. Since 2005, the Marines have awarded McKissock contracts worth $1.2 million, in addition to his military pension of about $119,000 a year.

    McKissock is one of at least 158 retired admirals and generals the Pentagon has hired to offer advice under an unusual arrangement................. "


  2.  
  3. #2
    nnuut's Avatar
    nnuut is offline Moderator | TSP Legend
    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    20,699

    Default Re: Four Stars for Hire

    Triple DIPPERS??
    Links,
    Crude Settle $98.71 02/08/2012
    +$.30 Gain

  4.  
  5. #3
    phil is offline TSP Talker
    Join Date
    Sep 2009
    Posts
    415

    Default Re: Four Stars for Hire

    Revolving Door. And people criticize Congress for ethics violations.

  6.  
  7. #4
    nnuut's Avatar
    nnuut is offline Moderator | TSP Legend
    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    20,699

    Default Re: Four Stars for Hire

    I was offered a contractor's job but turned it down. Where is there WORK in the word RETIRE? Man_relaxes.gif
    Links,
    Crude Settle $98.71 02/08/2012
    +$.30 Gain

  8.  
  9. #5
    Frixxxx's Avatar
    Frixxxx is offline Moderator
    Join Date
    Feb 2007
    Location
    SOCAL
    Posts
    3,720

    Default Re: Four Stars for Hire

    Quote Originally Posted by nnuut View Post
    I was offered a contractor's job but turned it down. Where is there WORK in the word RETIRE?
    Good on ya Norm, let us youngins do the work..... What's that in your glass?
    If I'm curt with you it's because time is a factor. I think fast, I talk fast and I need you guys to act fast if you wanna get out of this. So, pretty please... with sugar on top. Post the IFT!!!

  10.  
  11. #6
    les2l8 is offline Rookie
    Join Date
    Aug 2009
    Location
    So. AZ
    Posts
    12

    Default Re: Four Stars for Hire

    The free market at work. Good for those who have a service or expertise in a field to be compensated. Like my son tells me all the time "I want to get paid".

  12.  
  13. #7
    phil is offline TSP Talker
    Join Date
    Sep 2009
    Posts
    415

    Default Re: Four Stars for Hire

    Free Market? No, it sounds more like the furthurance of an agenda.
    Consulting: If there's little money to be made in solutions, there's tons of dough in creating the problem.


    Discovery


    A company that will go to the ends of the Earth for its people will find it can hire them for about 10% of the cost of Americans.

  14.  

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P 500 (C fund)
[Chart]
1d  5d  3m  6m  1y  2y
Dow Completion (S fund)
[Chart]
1d  5d  3m  6m 
EFA (I fund)
[Chart]
1d  5d  3m  6m  1y  2y
Bonds (F fund)
[Chart]
1d  5d  3m  6m  1y  2y