Get a grip, you sound like you're about ready to stroke out.
First off, the guy financed it himself, and only let in a few deep-pocketed investors who provided additional financing with their money. He turned down plenty of would-be investors who formed a conga line of money begging to land in his plate. So much for the idea that the taxpayers are paying for this.
Second, as to your complaint that the postal service will be buying it, what are you, Simon Legree? Do you think they'd be more efficient walking 20 miles out to the countryside instead of driving Jeeps? Sounds like your idea is that if the work isn't punishing -- and the more, the better -- then they workers need to be.. punished! Man, I'm glad I'm not working for you, sheesh!
Finally, as to your assertion that this isn't new technology because electric bicycles have been around for a hundred years, good grief you're a hoot! I can see you throwing rotten tomatoes at the Wright Brothers because kites and balloons have been around for a hundred years.
As to the venom, well, thanks for 'fessing up to it, but frankly, you couldn't hide it if you tried, so it's not like there's some major self-disclosure going on there.
That's the sound of a lead balloon going over, which is all that this device amounts to. Come to think of it...*SPLUD* is the same sound that some fatso's rump is going to make on the pavement once this thing's battery cuts out.