Cooler Bulkhead w/ Standard Valve

Poorly engineered

When I received this, I suspected it was not going to work, but installed it anyway. Sure enough...it leaked and waterlogged the insulation of my $200 cooler. Unlike normal bulkheads, the inside nut is not one piece with the pass through tube, but screws on. It doesn't matter what kind of seal you get between the rubber washer and the inside of the cooler, there is nothing to prevent liquids from leaking through the threads. Can someone please make a bulkhead long enough to pass through a cooler that actually works?