“When they keep getting bailed out its tax payer funded.”
Do you want to be informed and know the facts, or do you want to spread falsehoods?
The fact is the U.S.P.S. operates in the black MOST of the time and they do it through the sale of a product that no one is holding a gun to anyone’s head to purchase. Occasionally they are in the red, and they do go to Congress for funding in order to purchase multimillion-dollar equipment,etc. [BTW, this equipment processes your mail whether you use USPS, UPS, or FedEx]. However, the next year, when they are in the black once again, the money is paid back to Congress, so no loss to the taxpayer there.
Regarding the retirement accounts — if Congress takes money from private accounts that people have paid into without any taxpayer funding for 20 or 30 years — then that money has to be paid back. If you want to call it a taxpayer bailout, I can’t stop you, I just think you should know the facts as they are and not the facts that have been spun.
More falsehoods to spread
Post Office Loses $3.5 Billion as 2011 Cash Crunch Looms
http://www.dailyfinance.com/2010/08/05/post-office-loses-3-5-billion-as-2011-cash-crunch-looms/
80% of post offices losing money
http://www.federaltimes.com/article/20101010/DEPARTMENTS02/10100307/1029/FACILITIES02
Post Office reports loss, may cut Saturday service
http://money.cnn.com/2009/11/16/news/companies/US_postal_service/
The first step to fixing a problem is to admit there is a problem. There is no reason it should be losing money, but it does. The Post Office loses money because it is poorly managed and is forced to deal with unionized labor.
Is there anything a union can’t kill?