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Postal Service Is Nearing Default as Losses Mount

hell i dont even know what to say but its a f**ked situation all around hell our government so dam corrupt and screwed its not even funny. my vote is that they will get bailed out or helped to stay going strong some how.
 
R

rick shaw

The USPO is entirely self financed,which is both wonderful and amazing. 20 years ago,pre-E commerce,the post office ruled.

Flash forward to drastic reductions in the volume of mail $,add to that spiraling health care costs and pensions. IMO health care is the toughest part for business today,you can't freeze it it always goes up.

The Postal service,even with the computer marginalizing much employment,will always exist. They will either go to The Hill for money or reform their health care/pension system.

Any reform will be both needed and precedent setting for every organization in America
 
C

Chamba

Last Day on the Job
It was the mailman's last day on the job after 35 years of carrying the mail through all kinds of weather to the same neighborhood.

When he arrived at the first house on his route he was greeted by the whole family there, who congratulated him and sent him on his way with a big gift envelope.

At the second house they presented him with a box of fine cigars.

The folks at the third house handed him a selection of terrific fishing lures.

At the fourth house he was met at the door by a strikingly beautiful woman in a revealing negligee.

She took him by the hand, gently led him through the door, and led him up the stairs to the bedroom where she blew his mind with the most passionate love he had ever experienced.

When he had had enough they went downstairs, where she fixed him a giant breakfast, eggs, potatoes, ham, sausage, blueberry waffles, and fresh squeezed orange juice.

When he was truly satisfied she poured him a cup of steaming coffee.

As she was pouring, he noticed a dollar bill sticking out from under the cup's bottom edge. "All this was just too wonderful for words," he said, "but what's the dollar for?"

"Well," she said, "last night, I told my husband that today would be your last day, and that we should do something special for you. I asked him what to give you."

He said, "Fuck him, give him a dollar."

The lady then said, "The breakfast was my idea."

http://www.coolfunnyjokes.com/Funny-Jokes/Dirty-Jokes/Last-Day-on-the-Job.html

if the US government can simply print more money to pay off the interest on it's debt, then why can't the USPS just simply print more stamps....lol

seriously though,as mentioned previously, there are many post offices around the world that act as banks, why can't the USPS do the same?.....oh silly me, as there's no way that US banks would allow that to happen...more than anywhere else in the World, big corporations in the USA really do run things (iow have the politicians in their pockets) and the people hold so dearly to their constitution while getting screwed in every direction.
 
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I

In~Plain~Site

Wouldn't it be a trip if folks who fear government actually vote into office the ideologies they should fear?


lmao...

Imagine the suprise of those that thought they were actually voting for change...since we're painting with our broad,political brushes now.
 

Headbandf1

Bent Member
Veteran
Again REVOLUTION!

201109050912.jpg
 

Tyson53

Member
The problem with the USPS is the overhead of management...Donahue just appointed 27 VP's of departments with salaries of 200K plus ..they also get money to get a house to relocate and they don't move in the ghetto's......

Now at the mail processing plants they have supervisors for every 8 people ..so if a center has over 1000 employees ..you do the math..they average 75k a year plus....

Now they funny thing is they also deliver packages for UPS and Fedex in rural areas where its not cost effective for USP or Fedex to deliver...they even process thier packages in the parcel facilities across the country....

The priority flat rate shipping is the best deal in the country...try shipping a 35 pound box from fedex or UPS for 14.95...HAHA...

If the USPS ever went private forget the .42 cent letters...more like double since they will make sure of a profit...

the whole problem with the USPS is to many chiefs making the high bucks..plus performance bonuses a year some exceeding 30k a person for supervisors...

2 more years and I can retire from this mis managed hell hole....you have no idea what its like till you work there...there is more to it than your local post office....the processing centers is where it all happens...some bigger than a full size mall
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
The post office will be bailed out out at the taxpayers expense. It is just as insolvent as every other institution in this country. Why not anyway? The populace has embraced moral hazard as the answer to all the their problems. We can't stop the bailout bonanza now. We must see it to it's inevitable destructive conclusion.

When we can't bail it out anymore. It will be monetized with worthless US dollars along with everything else. And after that fails no one is going to care about sending post cards anyway so it will be a moot point.
 

whodare

Active member
Veteran
closing the usps is another attack on the lower class, the rich are not gunna even notice that 8.50 increase but someone living on 500-700 bucks a month will...

but hey the faster they corrode our liberties the faster this revolution can happen...
 

Headbandf1

Bent Member
Veteran
The problem is Americans are castrated, blind, deaf sheep just following the ass smell of the sheep in front of them. Our forefathers started a revolution over a much smaller tax on tea. We're now all getting force raped inseminated, breed and bleed.

We need to have a much quicker fuse at getting pissed off a our own government


as Tomas Jefferson said"....The tree of liberty must be refreshed from time to time, with the blood of patriots and tyrants. It is its natural manure."

European seem to have much more fucktuitiveness when confronted by dumbshit from their government.
 
G

grozzef

ain't no thang, when the postal service goes down imma hop in my new teleporter and hand deliver my junk
 

whodare

Active member
Veteran
The problem is Americans are castrated, blind, deaf sheep just following the ass smell of the sheep in front of them. Our forefathers started a revolution over a much smaller tax on tea. We're now all getting force raped inseminated, breed and bleed.

We need to have a much quicker fuse at getting pissed off a our own government


as Tomas Jefferson said"....The tree of liberty must be refreshed from time to time, with the blood of patriots and tyrants. It is its natural manure."

European seem to have much more fucktuitiveness when confronted by dumbshit from their government.


lol too true but the europeans are only aheads of us in the civil unrest department because they been getting fucked longer harder than us....



and i like the whole quote...

"God forbid we should ever be twenty years without such a rebellion. The people cannot be all, and always, well informed. The part which is wrong will be discontented, in proportion to the importance of the facts they misconceive. If they remain quiet under such misconceptions, it is lethargy, the forerunner of death to the public liberty.... And what country can preserve its liberties, if its rulers are not warned from time to time, that this people preserve the spirit of resistance? Let them take arms. The remedy is to set them right as to the facts, pardon and pacify them. What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time, with the blood of patriots and tyrants. It is its natural manure."
 

igrowone

Well-known member
Veteran
The post office will be bailed out out at the taxpayers expense. It is just as insolvent as every other institution in this country. Why not anyway? The populace has embraced moral hazard as the answer to all the their problems. We can't stop the bailout bonanza now. We must see it to it's inevitable destructive conclusion.

When we can't bail it out anymore. It will be monetized with worthless US dollars along with everything else. And after that fails no one is going to care about sending post cards anyway so it will be a moot point.

i agree with your view point partly, but it's not just the USA government that has tripped up
Europe has made bad choices, the American real estate fiasco was a bad choice, and it wasn't just due to the government freddie/fannie mays(though they helped a lot)
there have been huge mistakes by the large corporations, it's mass stupidity, but it's nothing new
paper will be exchanged, new bargains struck, and the cycle will begin again
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
Your are right. This is a global insolvency problem. Everyone everywhere in the western world bought into central planning since WWI ended, especially post WWII.

The planners bought off votes from the underclasses with promises they couldn't pay for and so now everyone pays for it together. The global ponzi system is unsustainable. Systemic corruption and moral rot has ensured there are no more leaders. The system implodes. The post office is just peripheral damage.
 

DiscoBiscuit

weed fiend
Veteran
lmao...

Imagine the suprise of those that thought they were actually voting for change...since we're painting with our broad,political brushes now.

Well, we could look at this several ways. I could point out the last guy who spoke of change.... compassionate conservative.... preempted a sovereign nation that didn't threaten us.

Or, I could manage every president since Truman speaking of 'change'.

Or we could defer to you, Mr. Contemporary and ignore history. Thanks for the spin lesson. The next guy I dislike will utter a single word I can dispel as a lie. But I'd have to live in a world of... duh.:)
 
I

In~Plain~Site

I know.

It's not all about whether you win or lose(anymore)...Who's keeping score anyways...amirite? :laughing: Everybody wins!

As for me, all I know is that I know nothing ;)

Misdirection is a bad habit, but when is a man responsible for his own life? His own actions?

When you figure it, let us all know...please.




Well, we could look at this several ways. I could point out the last guy who spoke of change.... compassionate conservative.... preempted a sovereign nation that didn't threaten us.

Or, I could manage every president since Truman speaking of 'change'.

Or we could defer to you, Mr. Contemporary and ignore history. Thanks for the spin lesson. The next guy I dislike will utter a single word I can dispel as a lie. But I'd have to live in a world of... duh.:)
 

DiscoBiscuit

weed fiend
Veteran
The post office will be bailed out out at the taxpayers expense. It is just as insolvent as every other institution in this country. Why not anyway? The populace has embraced moral hazard as the answer to all the their problems. We can't stop the bailout bonanza now. We must see it to it's inevitable destructive conclusion.

Wanting it all now is moral hazard. We can't stop the bailout bonanza because we deregulated too many hot spots. Business can make money, ie capital gains w/o even doing business. Just ask Warren Buffet.

The moral hazard the populace has embraced is living beyond their means. But they had a corporate class that assured us home values were solid. Kinda tough when they find out not only were home values artificially inflated, the industry encouraged them to do exactly what they were doing.

Today, the American Dream is all about making (the top) heavier. If you want things to go back the way they were, try not to remember how they were.

How can the greatest disparity in the American economic condition be justified?
 

PoopyTeaBags

State Liscensed Care Giver/Patient, Assistant Trai
Veteran
itll get much worse guys they will systematically shut down everything soon so we can all implode on are selfs.... there ways to fix things they just dont want too...
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
We can't stop the bailout bonanza because we deregulated too many hot spots.
The bailout bonanza really started when NYC went belly up and the Europeans told Ford if he didn't bail out NY the world would fall apart. Mutually assured destruction. So he did. This continued with the S&L crisis, 2008 financial collapse, and now finally onto the end game which is sovereign debt and currency bailouts. The bailouts aren't because of recent deregulation. This has been going on for a while. We are at the point now where almost everyday someone or something is bailed out. This is moral hazard. We have insulated the ruling corporate oligarchs from risk which in turn will lead to economic collapse much like Rome. Moral Hazard is the slayer of empires.

The moral hazard the populace has embraced is living beyond their means. But they had a corporate class that assured us home values were solid. Kinda tough when they find out not only were home values artificially inflated, the industry encouraged them to do exactly what they were doing.
Moral hazard spreads to the populace in the end game. It is a disease.

How can the greatest disparity in the American economic condition be justified?
It can't. We've all been robbed basically. Happened once in the 1930's and this is consolidation #2. It's what happens when we allow central bankers to run the world. Fair? No. To be expected? Yes.
 
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