Posted on 04/23/2020 4:52:26 PM PDT by DoodleDawg
The Treasury Department is considering taking unprecedented control over key operations of the U.S. Postal Service by imposing tough terms on an emergency coronavirus loan from Congress, which would fulfill President Trumps longtime goal of changing how the service does business, according to two people familiar with the matter.
Officials working under Treasury Secretary Steven Mnuchin, who must approve the $10 billion loan, have told senior officials at the USPS in recent weeks that he could use the loan as leverage to give the administration influence over how much the agency charges for delivering packages and how it manages its finances, according to the two people, who spoke on the condition of anonymity because the talks are preliminary.
Trump has railed for years against what he sees as mismanagement at the Postal Service, which he argues has been exploited by e-commerce sites such as Amazon, and has sought to change how much the agency charges for delivery packages. (Amazons founder and chief executive Jeff Bezos owns The Washington Post.)
(Excerpt) Read more at msn.com ...
I propose laying off half the workforce and deliver mail 3 days a week. MWF for one zip code, TTS for the next, etc.
You want to save the postal service? Make it matter again.
For many years the postal service delivered almost everything that mattered, from es about family and friends to paychecks.
Now they deliver mass mailed ads.
News ... not es ... darn typos....
Hey daytrading FReepers, Amazon stock may be a fun trade (DOWN) in the a.m. on the prospect of higher fees from USPS.
“according to the two people, who spoke on the condition of anonymity” Here we go again anonymous sources quoted by the Wash Post and MSN. Until it comes from Munichin or Trump, it is likely fake news.
Change all pensions to 401ks
That's right - For an annual or monthly fee, let Americans get a secured email address for digital mail and a social media page. Let the USPS expand into banking, debit cards, short-term loans, and online bill-pay.
This will immediately destroy the Left's stranglehold on Twitter, Facebook, and YouTube. With the USPS, every American can engage on their page without the fear of censorship or shadow-banning.
And for packages? Current USPS post offices can still arrange package pickups or a post office box. Rural dwellers can still opt for mail delivery.
There is no need for mail delivery as it exists today. It is an anachronism. It also wastes precious resources. Digitize all regular mail, let the Post Office implement online bill pay and checking and debit accounts, and it'll become solvent and profitable within 3 years.
USPS is the only thing that has helped during all this BS, They are the only ones not trying to disrupt our lives. I salute them!
Im impressed.
L
That actually has some very good working points you know.
Retired postal worker. USPS Is a typical mismanaged government bureaucracy.I think it should be privatized.
Triple the cost of sending out the junk mail none of us wants to get anyway.
Most of my deliveries come via the RAM vans.
Not really.
Grandma has no problem with mail, and higher degree of on time deliveries, and any important mail is sent via UPS of FedEx.
What a great idea. Why don’t you send that suggestion to the White House?
They spent millions on management studies, finally time to implement.
Thanks! By the way, I just saw some pigs fly by my window. I’m sure it’s not a coincidence.
The lack of junk mail the last few weeks has reduced the crap I transfer directly to the trash by probably two thirds. It’s been great. One upside I can find to this whole disastrous mess.
There's just no need for mail carriers delivering mail anymore, unless of course if you live in a rural area or are disabled or elderly. All regular mail should be digital, and packages can easily be picked up at a Post Office that's converted into a storefront that also helps with email, online bill-pay, short-term payday loans and such for people who are not computer savvy. A USPS as a social media hub would destroy YouTube, Facebook, and Twitter.
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