The decline of USPS

[TNHarley]

Beating a Dead Horse, Why the U.S.P.S. is Really Failing - by jwc2blue - Newsvine
US Postal Service: On the Brink of Financial Collapse

They are in the red for 5.5 billion dollars
They survive on junk mail, it is decling BTW

Reducing the postal workforce. USPS has proposed cutting 220,000 positions, leaving its workforce—which once ranked with Indian Railways and the People’s Liberation Army as among the world’s largest—at 425,000 employees. Some 120,000 of these cutbacks would be through layoffs, which are barred under current union contracts. For most private companies, such provisions would be lifted as part of the normal bankruptcy process. As a federal agency, however, USPS cannot enter into bankruptcy. Nonetheless, Congress should adopt legislation to allow USPS to reduce its workforce.
■Closing post offices and other facilities. USPS plans to reduce the number of retail facilities it operates from 32,000 to 20,000 by 2015 and has already identified 3,700 for closure. In addition, it plans to cut its 500 processing plants to 200. With declining mail volume and improved technologies, this makes sense. Yet the efforts are hindered by a warren of federal rules restricting the closure of facilities and requiring cumbersome processes for doing so. Congress should eliminate these restrictions.
■Discontinuing Saturday delivery of mail. Moving to five-day-a-week delivery would save $2 billion–3 billion per year. Such an adjustment is not unprecedented. Before telephone service was widely available, mail deliveries were sometimes made several times a day. Just as telephony made such multiple deliveries unnecessary, Internet communication has made Saturday delivery nonessential. Under current law, however, USPS is barred from paring back its current delivery schedule. This prohibition should be lifted.

They are losing 75 million a month!
$5.5 billion Postal Service default won't stop the mail - Economy Watch on NBCNews.com


Cutting workers, cutting back delivery time, defaulting on payments etc and some of you folks say they are doing "fine"?

And you want the gov't to run healthcare? I thought you wanted it FIXED?

 

[Truthmatters]

go take a look at their retirement fund

 

[rdean]

Dammit. I hate the ignorance. Is it spread around like spores?

The last majority Republican lame duck congress under Bush passed a law forcing the post office to fund it's pension system 75 years into the future within a ten year period KNOWING it's impossible and a requirement no other company in the world is mandated to do.

Fuck.

The reasons have been posted ad nauseum on this site and still, the ignorant refuse to acknowledge them. Why????? Why the willful stupidity????? Why the insistence on ignoring facts????? Why the determination to keep from knowing anything important????

 

[Truthmatters]

Postal Regulatory Commission - Wikipedia, the free encyclopedia


The PAEA stipulates that the USPS is to make payments of $5.4 - $5.8 billion into the Postal Service Retiree Health Benefits Fund, each year, from 2007 to 2016 in order to prefund 75 years of estimated costs. This requirement also explicitly stated that the USPS was to stop using its savings to reduce postal debt, which was stipulated in Postal Civil Service Retirement System Funding Reform Act of 2003.[4] This is in addition to deductions from pay for federal contribution to social services.[5] This pre-funding method is unique to the USPS. In June 2011, the USPS had to suspend its weekly payment of 115 million into the fund because it had reached 8 billion dollars in debt and the retirement plan had a surplus of 6.9 billion dollars.[6] The schedule rate of payment has been changed and the USPS is currently expected to make a payment of 5.6 billion no later than September 30, 2012.[7

 

[TNHarley]

Dammit. I hate the ignorance. Is it spread around like spores?

The last majority Republican lame duck congress under Bush passed a law forcing the post office to fund it's pension system 75 years into the future within a ten year period KNOWING it's impossible and a requirement no other company in the world is mandated to do.

Fuck.

The reasons have been posted ad nauseum on this site and still, the ignorant refuse to acknowledge them. Why????? Why the willful stupidity????? Why the insistence on ignoring facts????? Why the determination to keep from knowing anything important????

Thanks for proving my point, you fuckin idiot.

 

[Dragonlady]

Cutting workers, cutting back delivery time, defaulting on payments etc and some of you folks say they are doing "fine"?

And you want the gov't to run healthcare? I thought you wanted it FIXED?

People don't use mail any more. We receive and pay our bills online, and send faxes and emails. The government hasn't run the postal service into the ground and they're not defaulting on their bills. Mail just isn't the big business it used to be.

This is an instant communications world and snail mail is slow and expensive. We have cheaper, faster ways of communicating now.

 

[TNHarley]

Postal Regulatory Commission - Wikipedia, the free encyclopedia


The PAEA stipulates that the USPS is to make payments of $5.4 - $5.8 billion into the Postal Service Retiree Health Benefits Fund, each year, from 2007 to 2016 in order to prefund 75 years of estimated costs. This requirement also explicitly stated that the USPS was to stop using its savings to reduce postal debt, which was stipulated in Postal Civil Service Retirement System Funding Reform Act of 2003.[4] This is in addition to deductions from pay for federal contribution to social services.[5] This pre-funding method is unique to the USPS. In June 2011, the USPS had to suspend its weekly payment of 115 million into the fund because it had reached 8 billion dollars in debt and the retirement plan had a surplus of 6.9 billion dollars.[6] The schedule rate of payment has been changed and the USPS is currently expected to make a payment of 5.6 billion no later than September 30, 2012.[7

And they defaulted

 

[Truthmatters]

No entity public or private has that burden.

Why are the republicans trying to kill the post office?


Its in the constitution and the founders were willing to PAY for it

 

[TNHarley]

In November, it reported a record $15.9 billion net loss for the fiscal year that ended Sept. 30, bringing the financially troubled agency another step closer to insolvency.

 

[Truthmatters]

Postal Clause - Wikipedia, the free encyclopedia

 

[TNHarley]

go take a look at their retirement fund

The one they defaulted on? I know!

 

[Truthmatters]

In November, it reported a record $15.9 billion net loss for the fiscal year that ended Sept. 30, bringing the financially troubled agency another step closer to insolvency.

they cant use any of their saved money to pay their debts.

can you explain why that was made law?

 

[TNHarley]

No entity public or private has that burden.

Why are the republicans trying to kill the post office?


Its in the constitution and the founders were willing to PAY for it

I really don't know. Technonlogy is too much for it to handle.. that and who runs it

 

[Truthmatters]

go take a look at their retirement fund

The one they defaulted on? I know!

why do you want the post office dead?

its in the constitution


I thought you were all constitutiony?

gee what happened to all that line of crap you on the right spout?

 

[Truthmatters]

No entity public or private has that burden.

Why are the republicans trying to kill the post office?


Its in the constitution and the founders were willing to PAY for it

I really don't know. Technonlogy is too much for it to handle.. that and who runs it

then why does the company UPS pay the post office to deliver a crap load of their deliveries ?

 

[TNHarley]

go take a look at their retirement fund

The one they defaulted on? I know!

why do you want the post office dead?

its in the constitution


I thought you were all constitutiony?

gee what happened to all that line of crap you on the right spout?

My fuckin point is the gov't cant run shit. Quit being a hack.

 

[Article 15]

The one they defaulted on? I know!

why do you want the post office dead?

its in the constitution


I thought you were all constitutiony?

gee what happened to all that line of crap you on the right spout?

My fuckin point is the gov't cant run shit. Quit being a hack.

If that's your point, I have news for you about hacks....

 

[TNHarley]

No entity public or private has that burden.

Why are the republicans trying to kill the post office?


Its in the constitution and the founders were willing to PAY for it

I really don't know. Technonlogy is too much for it to handle.. that and who runs it

then why does the company UPS pay the post office to deliver a crap load of their deliveries ?

Sympathy?

 

[Truthmatters]

Article One of the United States Constitution - Wikipedia, the free encyclopedia



Section 8: Powers of Congress

[edit] Enumerated powers

Main article: Enumerated powers

Congress's legislative powers are enumerated in Section Eight:


The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defence[note 1] and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current coin of the United States;

To establish Post Offices and post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations;

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;—And
To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

 

[TNHarley]

And you folks want healthcare fixed BAWAHAHA