US Postal Service to default on second $5B payment

[Sallow]

Is it time to change the Constitution?

 

[WillowTree]

USPS needs to be downsized and privatized. It no longer has much of a practical function.

Apt name you got there meathead.

You ever been in a small town? You know, where Fed Ex and UPS don't have enough business to serve the area. You know, rural areas. Where the post office serves without fail.

No, with what you said, I guess you haven't been in rural America.

How about if we just downsized the PO to serve only rural America and let Rural America foot the bill.

 

[beretta304]

USPS needs to be downsized and privatized. It no longer has much of a practical function.

Apt name you got there meathead.

You ever been in a small town? You know, where Fed Ex and UPS don't have enough business to serve the area. You know, rural areas. Where the post office serves without fail.

No, with what you said, I guess you haven't been in rural America.

Since they are so rural maybe when they drive into town for every other fucking thing they need they can pick up their "mail". Is their food delivered to them?

Nice FAIL!

 

[Sallow]

unions is why they want it dead.

they dont want people to have any power in this country

A Union shop should run perfectly smooth at all times no?

What leads you to believe that?

 

[Sallow]

The unions bled the post office dry. The leeches have taken all they can and the host is dying. Unions do this to every enterprise they latch onto.

No they didn't.

 

[WillowTree]

The unions bled the post office dry. The leeches have taken all they can and the host is dying. Unions do this to every enterprise they latch onto.

No they didn't.

sure they did, that's why they're in the hole, they cannot afford to fund the retirement and benefits packages they've promised their employees.

 

[Truthmatters]

nope you just lying

 

[Truthmatters]

they sure dont act like strict constitutionalists

 

[Sallow]

The unions bled the post office dry. The leeches have taken all they can and the host is dying. Unions do this to every enterprise they latch onto.

No they didn't.

sure they did, that's why they're in the hole, they cannot afford to fund the retirement and benefits packages they've promised their employees.

No it's not.

They are in a "hole" because Conservatives forced them to finance retirement funds at a rate no other public or private industry is subject to.

And they did it full well knowing it would break the post office.

The idea being..to get rid of it. So well connected private carriers could take over what they do.

 

[Truthmatters]

More Details Emerge in Republican Assault on Post Office and Postal Unions | Crooks and Liars

why did the republican do this?



It was only a few years ago that the USPS was considered not only stable, but thriving. The biggest volume in pieces of mail handled by the Postal Service in its 236-year history was in 2006. The second and third busiest years were in 2005 and 2007, respectively. But it was two events: one crafted during the Bush years and another supervised by House Oversight Committee Chairman Darrell Issa, that would cripple this once great institution.

Perhaps it was its booming history that first drew Congress' attention to the Postal Service in 2006 when it passed the Postal Accountability Enhancement Act (PAEA), which mandated that the Postal Service would have to fully fund retiree health benefits for future retirees. That's right. Congress was demanding universal health care coverage.

But it even went beyond that. Congress was mandating coverage for future human beings.

"It's almost hard to comprehend what they're talking about, but basically they said that the Postal Service would have to fully fund future retirees' health benefits for the next 75 years and they would have to do it within a ten-year window," says Chuck Zlatkin, political director of the New York Metro Area Postal Union.

It was an impossible order, and strangely, a task unshared by any other government service, agency, corporation or organization within the United States. The act meant that every September 30th, the USPS had to cough up $5.5 billion to the Treasury for the pre-funding of future retirees' health benefits, meaning the Postal Service pays for employees 75 years into the future. The USPS is funding the retirement packages of people who haven't even been born yet

 

[Truthmatters]

what company would be required to fund 75 years into the future?

 

[Truthmatters]

your lies cant be hidden anymore.

the internets prove your lies are lies

 

[Truthmatters]

you people want this governmnet dead.


your traitors

 

[WillowTree]

No they didn't.

sure they did, that's why they're in the hole, they cannot afford to fund the retirement and benefits packages they've promised their employees.

No it's not.

They are in a "hole" because Conservatives forced them to finance retirement funds at a rate no other public or private industry is subject to.

And they did it full well knowing it would break the post office.

The idea being..to get rid of it. So well connected private carriers could take over what they do.

They should fund their own retirements that's what we had to do.

 

[Sallow]

sure they did, that's why they're in the hole, they cannot afford to fund the retirement and benefits packages they've promised their employees.

No it's not.

They are in a "hole" because Conservatives forced them to finance retirement funds at a rate no other public or private industry is subject to.

And they did it full well knowing it would break the post office.

The idea being..to get rid of it. So well connected private carriers could take over what they do.

They should fund their own retirements that's what we had to do.

What are you taking about?

Seriously?

Most private and public firms give some sort of retirement benefit. That's in lieu of direct compensation to employees for their labor..which would cost much more.

Seriously..do you need a history lesson on each and every issue?

 

[WillowTree]

No it's not.

They are in a "hole" because Conservatives forced them to finance retirement funds at a rate no other public or private industry is subject to.

And they did it full well knowing it would break the post office.

The idea being..to get rid of it. So well connected private carriers could take over what they do.

They should fund their own retirements that's what we had to do.

What are you taking about?

Seriously?

Most private and public firms give some sort of retirement benefit. That's in lieu of direct compensation to employees for their labor..which would cost much more.

Seriously..do you need a history lesson on each and every issue?

deal with it, it's another case of union workers making and retiring on benefits much higher than the taxpayers who make less can afford and remember this too, 47% of AMericans pay ZERO federal income tax. I've been trying to educate you people on what happens when the takers outnumber the givers but so far you have deafness on the subject and when Mitt Romney told you the truth you went batshit crazy. We cannot afford the post office anymore.

 

[Sallow]

They should fund their own retirements that's what we had to do.

What are you taking about?

Seriously?

Most private and public firms give some sort of retirement benefit. That's in lieu of direct compensation to employees for their labor..which would cost much more.

Seriously..do you need a history lesson on each and every issue?

deal with it, it's another case of union workers making and retiring on benefits much higher than the taxpayers who make less can afford and remember this too, 47% of AMericans pay ZERO federal income tax.

Deal with what?

It really seems to be that you don't know what you are talking about.

Public employees receive lifetime compensation that's generally less then their private sector counterparts. What attracts skilled labor to the public sector? Benefits. It's a necessary component in getting the right people in the right places.

But of course petty conservatives have no idea how that works.

 

[Mad Scientist]

More Details Emerge in Republican Assault on Post Office and Postal Unions | Crooks and Liars

Perhaps it was its booming history that first drew Congress' attention to the Postal Service in 2006 when it passed the Postal Accountability Enhancement Act (PAEA), which mandated that the Postal Service would have to fully fund retiree health benefits for future retirees. That's right. Congress was demanding universal health care coverage.

So an early version of ObamaCare has crippled the Post Office? Color me shocked!

 

[Mad Scientist]

what company would be required to fund 75 years into the future?

your lies cant be hidden anymore. the internets prove your lies are lies

you people want this governmnet dead. your traitors

The PAEA Act of 2006 was co sponsored by two Democrats Davis and Waxman. Whey do you Dems want this gov't dead?

 

[WillowTree]

What are you taking about?

Seriously?

Most private and public firms give some sort of retirement benefit. That's in lieu of direct compensation to employees for their labor..which would cost much more.

Seriously..do you need a history lesson on each and every issue?

deal with it, it's another case of union workers making and retiring on benefits much higher than the taxpayers who make less can afford and remember this too, 47% of AMericans pay ZERO federal income tax.

Deal with what?

It really seems to be that you don't know what you are talking about.

Public employees receive lifetime compensation that's generally less then their private sector counterparts. What attracts skilled labor to the public sector? Benefits. It's a necessary component in getting the right people in the right places.

But of course petty conservatives have no idea how that works.

The fact is they're growing broke because they can't cover their promises. They want the taxpayers to do it, but somebody smart way back then saw that coming and forced them to put money aside which is what they're now bitching about. Maybe they need to go back to the drawing table and trim some of the fat off those retirements and bonus they so freely give.