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Treasury cracks down on perks

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High Five
Thursday, April 08, 2010
Prompted by an investigation from The Oregonian into the first-class travel and free golf being received by treasury investment officers, Oregon Treasurer Ted Wheeler is cutting down on those perks.

Travel is part of the routine for the investment staff, but many of those trips have also included luxurious shopping and resort meetings — perks paid for by state funds.

Wheeler said he was concerned when he learned that state money was being used to pay for first-class travel for investment officers. He said he was troubled by the kinds of entertainment those officers were accepting and that internal procedures, such as travel requests, weren't apparently being followed.

"There's the question of perception," said Wheeler, who will be a first-time candidate for statewide office when he faces treasurer candidate and longtime state Sen. Rick Metsger in May's democratic primary. Wheeler said public employees must set a "sterling" example of frugal spending.

Read the full story at OregonLive.com.

{biztweet}Oregon Department of Revenue perks{/biztweet}



Walter W. Want
0 #1 State PerksWalter W. Want 2010-04-09 10:09:25
I owned an operated my own businesss for over 30 years. I never once flew first class or rode in limos or stayed in high class places to make sure I could make payroll. Perhaps we should terminate the offenders, have them pay us back the diffrence and be more respectiful of their employeers. You and I. WWW
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0 #2 Annoyed citizencjpa 2010-04-23 12:32:29
Am I missing something here? How come everyone is mad at Treasury staff and no on is complaining about the companies that provide the perks? Oh, right, that's just how business is done in the private sector. You can't say it's wrong for Treasury to accept perks and say it's okay for corporations to offer them to try and buy State business.

Wheeler is right to clamp down on perks, but effective change has to happen on both sides of the fence. For those of you in the private sector that really want smaller government, how about some moral and ethical self-regulation ?
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