[dinodino]

The Post Office are asking for $6 billion in bailouts. I heard it on the radio yesterday.

There ARE other types of jobs besides manufacturing and sorting envelopes, you know. A software company doesn’t manufacture anything, but it creates IP and jobs and contributes to the economy. Your disparaging referral to anyone whom doesn’t sort envelopes as a “shopkeeper” is beyond bizarre.

Tell me, where are the USPS going to get this $6B, if not from the taxpayers? Personally, I would break up the USPS and auction off the pieces.

[muawiyah]

hear whatever you want ~ the legislation in place doesn't give them tax money. The $5 billion payment they aren't making was enacted by the 2006 Congress in its waning days ~ for no purpose other than to balance the budget ~ which still didn't get balanced.

The postal reorganization act does not allow USPS to count costs of tribute ~ best possible word for that $5 bil ~ as a cost to be passed on to the rate payers as a postage rate increase.

RINO Olympia Snowe came up with that particular stupid idea ~ she's gone. Her idea should be disposed of as well.

[muawiyah]

USPS actually has assets ~ which can be sold or rented. Their borrowing authority is almost exhausted.

The US government, in general, has immense resources. They could base a currency on nothing but natural gas on public lands ~ and that'd be one of the world's strongest currencies ~ and could pay off the debt.

The taxpayers aren't giving USPS any money ~ at the same time the Congress is holding up on giving them approval to cut losses ~ at least $10 billion in annual costs can be eliminated by closing 28,000 rural and small urban postal facilities.

Write your congressman.