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Postmaster: Money woes behind rate hike request
Associated Press ^ | Sep 26, 2013 11:31 AM EDT | Andrew Miga

Posted on 09/26/2013 9:07:39 AM PDT by Olog-hai

The postmaster general says the Postal Service has no choice but to ask for an emergency rate hike given the agency’s dire finances. …

The post office expects to lose $6 billion this year. It wants to raise stamp prices by 3 cents next year. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Government; News/Current Events; US: District of Columbia
KEYWORDS: postalrates; ratehike; unionthugs; usps
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1 posted on 09/26/2013 9:07:39 AM PDT by Olog-hai
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To: Olog-hai

I wonder how much they spend on TV advertising, which seems unnecessary to me.


2 posted on 09/26/2013 9:09:27 AM PDT by NEMDF
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To: Olog-hai
They increase the price and I'll cull my Christmas card list and pay my taxes on line, thus reducing my stamp purchases even more.
3 posted on 09/26/2013 9:18:38 AM PDT by KarlInOhio (Why is our military going to be used as Al Qaeda's air force in Syria?)
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To: Olog-hai

What could go wrong with the gov’t running our health care?


4 posted on 09/26/2013 9:22:11 AM PDT by maine-iac7 (Christian is as Christian does - by their fruits)
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To: Olog-hai

Time to load up on “Forever” stamps, again.


5 posted on 09/26/2013 9:22:57 AM PDT by Adult Dog
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To: Olog-hai

Maybe they could get that other Gov’t run outfit, the IRS, to give them some of the 67 BILLION dollars that THEY have “lost or stolen”?


6 posted on 09/26/2013 9:23:45 AM PDT by maine-iac7 (Christian is as Christian does - by their fruits)
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To: KarlInOhio
I mail very little each month and it has been that way for years. Almost all my bill payments are done online. Most of my correspondence is done online.

So the Post Office is not making any money off me personally.

But the Post Office provides me a very valuable service by delivering my mail 6 days per week. I would gladly pay the postage increase for what I get in return from them.

7 posted on 09/26/2013 9:27:54 AM PDT by rawhide
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To: Olog-hai

Every day, when I go out to our curbside mailbox, I leave wondering just how long the USPS has before it goes under for good. With virtually all our monthly bills being paid electronically and some of the underlying statements coming in on the internet, all that’s left is all the direct mail trash. The best day of the week is the one where the trash bins are out at the curb for pickup. I don’t have to carry the “mail” into the house to throw it away. Unfortunately, after it’s gone, the “pension benefits” will go on for years to come.


8 posted on 09/26/2013 9:37:39 AM PDT by vette6387 (o)
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To: vette6387

UPS and FedEx are still not losing money (the latter posted a 6½ percent profit increase for this quarter). It’s not lack of business that is hurting the USPS—it’s their pension liabilities.


9 posted on 09/26/2013 9:40:58 AM PDT by Olog-hai
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To: rawhide
I think mail is important....but it also makes me very angry the huge pensions and health care at retirement these people get....

I can't afford that....I don't get that and can't afford to retire at 55 (moot point) why should I pay more and more so these people can do that?

cut the work force....change and reduce the pensions...cut Saturdays.....

cut the pension giveaways substantially and I'll pay $0.10 more per stamp..

10 posted on 09/26/2013 9:41:27 AM PDT by cherry
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To: maine-iac7

Honestly, THIS should be the example shouted out by every dang Republican as evidence of how the stupid government can’t manage money, staff, pensions, whatever is involved.

So easy a freakin child could connect the dots!


11 posted on 09/26/2013 9:47:34 AM PDT by AllAmericanGirl44 ('Hey citizen, what's in YOUR closet?')
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To: rawhide
But the Post Office provides me a very valuable service by delivering my mail 6 days per week. I would gladly pay the postage increase for what I get in return from them.

Even then I wouldn't miss 6 day delivery. Do I really need it today rather than tomorrow? I would be fine with going to 3 day delivery. Stuff I buy from Amazon or other web sites I usually pick "send it cheap" rather than "send it fast", so one further day sitting at the post office wouldn't kill me.

12 posted on 09/26/2013 9:48:29 AM PDT by KarlInOhio (Everyone get online for Obamacare on 10/1. Overload the system and crash it hard!)
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To: NEMDF

We had a wonderful small post office — four windows, almost no waiting, friendly clerks — THEN — the PTB decided our small town needed a huge, brand new building. The new PO only has TWO windows (both not always manned); wait time is usually 10-15 minutes; the clerks are sullen and act like they are doing you a favor by being there. BUT, it does have a large lobby with stamp machines and a USPS Store that takes up half the lobby space, selling USPS logo stuff, i.e., tee shirts, hats, etc.! WTH???? I refuse to walk into the place. If I need to take anything to a post office, I drive to a little PO in a nearby town — one window, friendly clerk, no wait.


13 posted on 09/26/2013 9:58:46 AM PDT by Polyxene (Out of the depths I have cried to Thee, O Lord; Lord, hear my voice.)
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To: Olog-hai

” It’s not lack of business that is hurting the USPS—it’s their pension liabilities.”

Maybe so, but it’s also the rude “minority” SOB’s with whom you are forced to deal when you have to go to the Post Office. I’d rather walk on hot coals than go to the PO. And as far as their “pensions” are concerned, i’d only hope that these miserable trolls be forced to live on the streets for the rest of their worthless lives. If FedEx or UPS treated their customers like the USPS, they’d be out of business. The USPS should, and it eventually will. And along with it all the miserable people that work there.


14 posted on 09/26/2013 9:59:14 AM PDT by vette6387 (o)
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To: Olog-hai

According to Open The Books a Laborer Custodian in Tallahassee, FL makes $51,000 per year salary. Benefits on top of that.

Maybe these wages are the reason the Post Office is needing more money.

Something tells me Fed Ex or UPS is not paying its janitors wages and benefits like this.


15 posted on 09/26/2013 10:08:03 AM PDT by Presbyterian Reporter
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To: rawhide

Your post is hard to understand.

You rarely use the post office, but the six day per week service is very important to you.

Are you a former or current post office employee?


16 posted on 09/26/2013 10:10:37 AM PDT by Presbyterian Reporter
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To: KarlInOhio

” I would be fine with going to 3 day delivery.”


I agree. The 3 day per week delivery would be great. I can live with getting mail on Mon-Wed-Fri or Tue-Thu-Sat. It would save me the time to walk out to the post box to see if there is any mail.

Going to 3 days per week delivery would cut the Post Office’s expenses. One half the number of trucks and one half the number of carriers.


17 posted on 09/26/2013 10:14:35 AM PDT by Presbyterian Reporter
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To: maine-iac7

Indeed kind of like Amtrak it hasn’t made a dime in 43 years.


18 posted on 09/26/2013 10:16:31 AM PDT by Vaduz
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To: Polyxene

We are lucky to have a nice PO set up inside our local HyVee grocery store. It is not 100% “full service” of a regular PO, but is staffed by the store’s customer service staff, and can handle most any normal transaction for mailings and packages, and there is no wait. AND they recognize us as valued customers who have a choice of where to shop or do business.


19 posted on 09/26/2013 11:21:33 AM PDT by NEMDF
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To: Presbyterian Reporter

No, never been one. I just think that this increase is going to cost me very little, probably less than $1 year total in additional postage. I realize magazines subs may go up because of the postage increase, but still the impact on me is minimal.

Yes, I rarely use the Post Office, but I do want my mail delivery service. What is so hard to understand?


20 posted on 09/26/2013 1:19:23 PM PDT by rawhide
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