Darrel Issa: too many human beings

Discussion in 'Politics' started by rdean, Sep 28, 2011.

  1. rdean
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    rdean rddean

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    Issa: USPS has 'more than a small cash flow problem' - The Hill's Video

    "They have gone the wrong way — they have gone from having no debt to having $15 billion in debt, which was their debt limit. ... That tells us, as a businessman, that no matter what they say, they have more than a small cash flow problem," Issa said Monday on MSNBC's "Morning Joe."

    In 2006 in a Lame Duck session the Republican Congress passed a bill that forced the Post Office to pre-fund future health care benefits for its present and future employees. The amount to be pre-funded? 75 billion dollars and they had to do it in 10-years. Again, this includes setting aside money for employees not hired yet.

    Now some are screaming "Crisis!" when the "crisis" was created by a Republican Congress. Save the 5.5 billion the Post Office has to hand over to the government the Post Office would be solvent and at least breaking even.

    Republican Issa's solution? Fire thousands of postal employees. Seems that's always the GOP's answer: Fire people.

    ModelMayhem.com - Privatize the Post Office?

    By June 2011, the USPS saw a total net deficit of $19.5 billion, $12.7 billion of which was borrowed money from Treasury (leaving just $2.3 billion left until the USPS hits its statutory borrowing limit of $15 billion). This $19.5 billion deficit almost exactly matches the $20.95 billion the USPS made in prepayments to the fund for future retiree health care benefits by June 2011. If the prepayments required under PAEA were never enacted into law, the USPS would not have a net deficiency of nearly $20 billion, but instead be in the black by at least $1.5 billion.

    A Manufactured ‘Crisis’: Congress Can Let The Post Office Save Itself Without Mass Layoffs Or Service Reductions | ThinkProgress

    ------------------------------

    Why do Republicans want to end the post office? Some states, like Oregon and Washington, mail in their votes. What would they use? UPS that gives nearly 70% to Republicans? This is about more voter suppression.

    Republicans are in it for power and for the rich. They will cause even more riots where ever their ruinous policies take effect.

    Come on USMB right wingers. Defend this. Show us how it's done.
     
  2. mudwhistle
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    mudwhistle Diamond Member

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    Uh....okay.

    Strange how the post office folds so soon after 4 years of Democrap rule. I think they're greasing the skids for another crisis/rip-off.

    After regs they've imposed on them no wonder they're going belly-up.

     
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  3. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Do you have a better solution to a problem of having too many employees you cant afford other than firing them?

    You can complain all you want, I dont see you with any ideas fixing it.
     
  4. daveman
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    daveman Diamond Member

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    Rderp doesn't do ideas. He's not bright enough.
     
  5. Conservative
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    Conservative Type 40

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    tax the rich to pay for it. isn't that always the Dimocrat plan for getting funding?
     
  6. jillian
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    jillian Princess Supporting Member

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    issa's a nutbar. i wonder how his investigation a day thingy is going.
     
  7. blu
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    blu Senior Member

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    the pre-paid retirement was simply a backdoor way of getting rid of the post office. get rid of that and magically the post office is running normal again
     
  8. rdean
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    rdean rddean

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    Oh, you didn't know? I'm embarrassed to have to be the one to tell you. These regulations were put in place by the Republican lame duck congress in 2006. Do a little research. Hilarious you accuse Democrats. Just like accusing Obama for the state of the economy, the wars, the jobs moving to China.

    Did you simply get it wrong or were you being a LF?
     
  9. mudwhistle
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    mudwhistle Diamond Member

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    Bullshit.

    Show me a link or STFU.
     
  10. J.E.D
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    J.E.D What's tha matta?

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    Here you go. Are you now going to STFU yourself or at least admit you're wrong?

     

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