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Postal Service Faces $100B in Debts and Unfunded Benefits
Cybercast News Service ^
| March 14, 2014 - 4:23 PM
| Michael W. Chapman
Posted on 03/14/2014 7:29:09 PM PDT by Olog-hai
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1
posted on
03/14/2014 7:29:09 PM PDT
by
Olog-hai
To: Olog-hai
but we’re reminded they are not government. until they want to be government, then they are government.
2
posted on
03/14/2014 7:31:38 PM PDT
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Olog-hai
USPS is always broke - and continually raising the cost of first class delivery never seems to fix the problem.
3
posted on
03/14/2014 7:32:53 PM PDT
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: Olog-hai
Break them up and sell off the assets. Every year we hear the same thing from these guys.
4
posted on
03/14/2014 7:33:08 PM PDT
by
dinodino
To: Secret Agent Man
They have a legal monopoly on first class mail and they still can’t turn a profit.
5
posted on
03/14/2014 7:34:28 PM PDT
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: dinodino
6
posted on
03/14/2014 7:35:02 PM PDT
by
GeronL
(Vote for Conservatives not for Republicans!)
To: dinodino
Have they tried doubling the junk mail postage?
7
posted on
03/14/2014 7:35:43 PM PDT
by
GeronL
(Vote for Conservatives not for Republicans!)
To: Olog-hai
Golly, I wonder where they will find the money they need???
To: Olog-hai
No government or agency should be allowed to have unfunded pensions. They should all be forced to switch to funded 401k plans like most corporations have.
It’s just too easy to write your self a check for the future that a government can’t cash, and that is far out of line with what private jobs are paying.
9
posted on
03/14/2014 7:37:29 PM PDT
by
DannyTN
To: GeronL
USPS does partner with UPS on some package deliveries. They take over for DHL in certain areas of the country.
10
posted on
03/14/2014 7:37:51 PM PDT
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: goldstategop
Time to shut down all U.S. Post Offices. Privatize the routes..rural routes get service 2X a week.
To: Olog-hai
Profit = Income - Expenses. A simple audit should identify the problem.
12
posted on
03/14/2014 7:40:55 PM PDT
by
VRWC For Truth
(Roberts has perverted the Constitution)
To: Olog-hai
Future headline:
ACA Faces $100B in Debts and Unfunded Benefits
13
posted on
03/14/2014 7:41:43 PM PDT
by
12th_Monkey
(One man one vote is a big fail, when the "one" man is an idiot.)
To: Olog-hai
The post office isn't about delivering mail, it's about being able to send government correspondences to each and every citizen.
14
posted on
03/14/2014 7:42:31 PM PDT
by
RC one
(Militarized law enforcement is just a nice way of saying martial law enforcement.)
To: Olog-hai
YeahBut keep that 4th class junkmail YOU subsidize for the directmail industry clogging up your mailbox.
To: Olog-hai
Can’t they just pay for this with some of Obama’s “stash”?
16
posted on
03/14/2014 7:43:51 PM PDT
by
The Duke
("Forgiveness is between them and God, it's my job to arrange the meeting.")
To: Olog-hai
let them go into bankruptcy and reorganize without the union. It can be done.
17
posted on
03/14/2014 7:50:26 PM PDT
by
elpadre
(AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
To: Olog-hai
Any time the USPS tries to make a rational business decision to make ends meet, Congress says “NO!”. They are basically damned if they do and damned if they don’t.
They wanted to cut off Saturday delivery to help stop some losses, but Congress calls the shots.
18
posted on
03/14/2014 7:50:31 PM PDT
by
C210N
(When people fear government there is tyranny; when government fears people there is liberty)
To: 12th_Monkey
No wonder the federal government claws back part of my payment. But they were kind enough to reduce the amount they wanted back.
19
posted on
03/14/2014 7:51:52 PM PDT
by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: Olog-hai
and yet we seem to have a trillion sitting around to pay for affordable health care?
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