[Colonel Kangaroo]

An article from October is not breaking news, but it does shed some light on the source of current stories about USPS financial woes. According to the OIG, just allowing the USPS to fund pensions like a private company would would cure its ills and we all want the USPS to be run like a private company!

[martinidon]

““If our proposals to recover the overfunded amounts were placed in effect, the Postal Service could potentially recover $142.4 billion”
You think that money is in some lock box waiting for the overpaid union postal workers to draw from...... Get in line with SS, that box is full of IOU’s

[NoLibZone]

USPS’ Office of Inspector General (OIG) said in a summary report.

What!

Is the guy a TeaParty Walker zombie!

LOL

[muawiyah]

AT the time the Senate was looking around for a way to save the small post offices. Every Senator has a bunch of them ~ some more than others but all share in the problem.

5% of your constituency complaining to you is enough correspondence to crash your constituent service.

The answer there is CLOSE THEM ANYWAY.

Let Congress sort out the problem later.

[Hodar]

Technology and private competition has killed the Post Office.

When’s the last time someone wrote a letter, and actually mailed it? I can’t remember how long it’s been - but it’s been a LONG time. I write or call my Mother via a cell, or email. I can send photo’s, movies or exchange pleasantries nearly instantaneously.

Facebook and Classmates to keep in touch with those who are on my ‘bulk list’.

When it comes to mailing objects; UPS, Fed-Ex are not only price competitive to the USPS - they ACTUALLY garrantee delivery - not the “Oh, trust us - we’ll really try” line of crud.

Time to shut the doors, and send the folks home. Sorry, the USPS is obsolete, just like 8-Track, Commodore 64’s, Nixon stickers and buggy whips.

[Opinionated Blowhard]

This is the story of America right now. A huge part of our financial troubles are pension related. Politicians from prior generations promised workers something that never could be delivered. Now those workers expect the taxpayer to try to honor those promises even if it means confiscatory taxes. If you simply reset the Post Office pensions to be the same as pensions for other workers—meaning put money for them in a 401K and then they are on their own—there would be no crisis. Yet if that happens, you can be sure that your local post office will turn into a shooting gallery with postal workers “going postal” because someone finally stopped the gravy train.

[blueunicorn6]

I’m sure all those package delivery companies and the internet are going to go away so it can be just like the good old days. 570,000 employees and they don’t know where to cut to balance their budget.