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To: tx_eggman

I suspect you live in a different century ~ time to take your shots old-timer ~


25 posted on 08/05/2010 10:07:45 AM PDT by muawiyah
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To: muawiyah; SpinnerWebb
I suspect you live in a different century

USPS has a government mandated monopoly on mail delivery and a governance model that allows them to raise rates whenever they deem it necessary.

Seems to me that a self-supporting government agency shouldn't need to have a bill passed (HR 2918) that allows it to postpone required payments into their pension plan ($4 billion worth) just so they can keep their head above water.

They also went fro $0 debt in 2005 to $10.2 billion on 2009 (out of a statutory limit of $15 billion) and racked up another 3.5 billion in losses in the last quarter alone.

Self supporting indeed.

Your profile informs me:

After 38 years with USPS I retired just over 6 years ago

Tells me all I need to know.

time to take your shots old-timer

Don't mind if I do ..

93 posted on 08/05/2010 1:49:32 PM PDT by tx_eggman (Liberalism is only possible in that moment when a man chooses Barabas over Christ.)
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