“You are woefully uninformed. USPS is already overpaid into the FERS system by $78 billion. The FEHB payment is 5 years in advance.”
The article that I posted in a link directly contradicts your assertion about pensions and health care liabilities. I cannot find any documentation to indicate that the USPS does not have large unfunded liabilities, just like the rest of the federal government. You are just spouting labor cartel propaganda.
Your arrogance in referring to customers (LEACHES) is a new low for labor cartels. Government labor cartels are some of the worst as your comments clearly demonstrate.
The USPS is abmonination, a monster created and maintained by a combination of an ignorant Congress, self serving management, and militant labor cartel. Congress should start over by rationalizing mail delivery requirements, authorizing competition on all services, and eliminating all post retiree health care benefits and pensions (leave 401K with higher contributions). The idea that first class mail service should have a uniform price regardless of distance is ridiculous. All service should be distance sensitive. The combination of rationalized delivery requirements and competition will eventually lead to improved services and economically viable organizations.
There's your problem, you haven't read it yet. Try it someday.
>> I cannot find any documentation to indicate that the USPS does not have large unfunded liabilities, <<
It looks like a $2.8 billion unfunded liability here: http://www.usps.com/financials/_pdf/annual_report_2009.pdf
Wonder what FedEx and UPS have on their books?
hey, if you want your mail to be all complex and expensive, that is fine. I like not having to calclate distance and not have to pay extra to send small things in the mail.
packages from businesses do take distance into account-—on our postage machine, mail over a certain weight you also factor in the zip code.