Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote user="henry6"] What do we know about The Caller and Betsi Fores?  Is it a government watchdog agency, is it a political agency.  The accusations outlined above could be charged against any restuarant or restuarant chain for instance.  And the idea of Congressional micromanagment and looking for controlling costs are investor mantra while complaints against government controls is always heard from the Right.  I'm not saying that there is no merit in anythng stated, I just quesiton the agenda of the writer and the publication.  And no, I haven't read the whole thing.  I will if anyone can identify the publication and writer better. [/quote] The report, which is entitled Food and Beverage Service: Further Actions Needed to Address Revenue Losses Due to Control Weaknesses and Gaps, Report E11-03, issued on June 23, 2011, was produced by the Office of Inspector General, National Railroad Passenger Corporation.  In the corporate world it would be know as Internal Audit or something similar. The Caller and Betsi Fores has simply flagged the report for reasons unknown. The compensation package for most corporate managers contains a pay for performance clause.  That is to say, a portion of their pay is linked to the achievement of their goals and the goals of the company. Controlling costs, including the cost of fraud, is very important, as is generating revenues, if the mutual desirable goals are to be achieved. If the management team fails to do so, their compensation package will be less than expected.      Amtrak is a government entity.  It has little incentive to control costs?  As long as they don't rocke the political boat, their jobs are secure. This is just one more reason why passenger rail in the United States should be privatized.
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag