8 Nov 2011 4:56 pm
Good, it's a mess and quietly lobbying for yet another massive bailout of Other People's Money.Legalize letter delivery by all carriers, and let it sink or swim on its own.Gosh, aren't the OWS moonbats yelling,"No more bailouts!!!!!!" . ?It's not lobbying for a bailout you jackhole.In 2006 the lame duck Republican Congress passed a law (The Postal Accountability and Enhancement Act of 2006) that forced the USPS to fund 75 years worth of retirees' benefits over a 10-year span. That's like a bank telling you, you have to pay your thirty year mortgage in 5 years. If not for that law, the USPS would not have a deficit now.All they want is for Congress to allow the Postal Service to reallocate the excess funds they paid in, and stop forcing them to overfund their pension plan.Once again.....they are not asking for a bailout. If I were dealing with an honest person, I'd cut you some slack, but given your endless lies. not a chance.With all of the name calling, accusations and counter-accusations, and charged debate at a fever pitch over the budget, deficit crisis, and Standard & Poors downgrade of the U.S. credit rating, the equally-pathetic condition of the United States Postal Service hasnt gotten much attention of late. It needs to soon. The good news? Its massively in the red, barely breathing on life-support, and threatening default on billions of dollars in mandated payments to the federal government next month if Congress doesnt ride to the rescue. Same old story, different players. Why does Washington fail to see the pattern here.....USPS cut work hours during the quarter by 3.1 percent compared to the previous year, when quarterly net losses were $3.5 billion. It says it lost $5.7 billion during the nine-month period ended June 30, compared to $5.4 billion in the same period of 2010. In its fourth straight year of declines, the agency had a net loss of $8.5 billion last year.http://constitutionc...he-post-office/