"King Leopold" writes:
... some pretty financially savvy folks who have looked at it
closely have come to the conclusion that B&E has been losing money
steadily under recent USCF management, so it's time to let someone
else run it. My guess is, they are right and you are wrong.

You are right in that you are guessing, but your guess is wrong.

That's what Sam says too, but neither of you have given anyone the
slightest reason to believe that you know better than the financial
experts who have looked into the issue. Your repeating a falsehood
doesn't make it true.

The only way for the B&E of the USCF not to make money is to
mismanage it, which is the true problem.

That is correct.

Fix the management and the accounting and the B&E is profitable.

Probably true, but apparently beyond the USCF's competence.

Since the USCF can not fix those two areas than they are stuck
outsourcing it for pennies on the dollar scraps they will get.

Yes, correct, having a net inflow is better than losing money, even if
the inflow is pennies on the dollar. Hence the outsourcing. Given
the USCF's limitations, doing anything else is just about certain to
result in yet more losses.