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Find The Boots

Rantings from a few corporate types about life, technology, travel, guns, politics, and everything good in the world.

Presidential Expense Accounts...

Sunday, July 02, 2006

Was reading some yammering fool in the MSM earlier this week (no, I won't link o him - why encourage such chatterers?) and found the following gem:

Title 3, Section 102, Compensation of the President.
The President shall receive . . . compensation of $400,000 a year, to be paid monthly, and in addition, an expense allowance of $50,000 to assist in defraying expenses relating to or resulting from the discharge of his official duties.”

Whoa, Nellie!

ATM card? Folded over roll of the new Big Head $100? Make a secret service agent carry that and the keys to Crawford in their man purse?

Oh, yeah, and the best part of all:

Act [of] Jan. 19. 1949 gave President a yearly expense account of $50,000 for which he was to make no accounting.

Yea verily, he is the LEADER of the expense report free world.

0 Comments:

Find The Boots

An executive goes on a business trip. When he arrives, it's raining cats and dogs. To avoid ruining his shoes, he purchases a pair of galoshes for $15, which he expenses under "Misc." on his expense report. A week later, the accounting department rejects his expense report, with a post-it note that says that the company does not reimburse for items of clothing. The next trip, the executive turns in an expense report without the galoshes, but with a post-it note that says "FIND THE BOOTS!".

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