USPS In Default

Your tax dollars at work.

When I was in the military there was a reserve unit with a guy who had been a postal carrier for about 30 years. His pay and benefits were astounding.

http://money.msn.com/business-news/article.aspx?feed=AP&date=20120928&id=15611621

 

http://about.usps.com/universal-postal-service/usps-comments-to-ftc.txt

I couldn't do more than skim it, but it addresses some of the causes.

 

USPS does not receive tax dollars.

 

You mean de-regulation.

The USPS first encountered money issues after Reagan allowed government subsidizing of UPS and FedEx to give them an unfair competitive advantage against the USPS, with the intention of destroying it. He failed miserably in his efforts but congress recently passed a smoke and mirrors advance pension-funding scheme designed to make the USPS appear to be in debt while nothing could be further from the truth. It's still the most and perhaps only solvent government agency.

"What is needed is for Congress to undo the harm it has done with the prefunding mandate and for the Postal Service to develop a balanced plan moving forward," said Fredric Rolando, president of the National Association of Letter Carriers.

 

Next door neighbor is a mail man and said they might stop delivering on Saturday soon.

 

Here's what it's all about:

http://jonathanturley.org/2012/05/0...busting-and-paving-the-road-to-privatization/

 

Not surprised you'd say that rather than do some quick research and find out I'm right as usual.

 

About your hero Reagan:

Turning Back the Clock: The Reagan Administration and Civil Rights
http://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=2465&context=fss_papers

The Revolution That Killed Society
http://rense.com/general86/klkle.htm

 

Sorry, but it's hard to find internet articles from the 80's.

Obviously you don't dispute any of the the facts in my links, so let's move on.

 

You are exactly right. See some regulation is good. You know the type that keeps our water clean and our meat inspected for E-Coli.

But Republicans put in a regulation for our post office that has COMPLETELY put them in this situation. The Post Office is NOT broke! As a matter of fact they are FLUSH with BILLIONS of dollars.

The problem is that in a lame duck session of Bush's congress, by voice vote, Republicans planted a poison pill in the post office.

What entity in the united states has to PRE FUND the retirement of employees that are yet to be born? The post office is the only entity.

Yes they have about 5 billion in an account that congress will not let them move. Nancy Pelosi and a Democrat led house passed the fix to this.

To no avail Senate Republicans filibustered this (just like they filibustered or threatened to filibuster 372+ bills that were passed by the House).

So in the end, the Republicans, in their effort to bust the largest union in the US, required them to pre fund retirements for unborn workers.

Shame on you Cons...

 

Article 1 - The Legislative Branch
Section 8 - Powers of Congress

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence 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 an 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; (no standing armies...)

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.

 

So when Republicans put poison pills in legislation that ruins the post office, they are ANTI Constitution...