Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Ouchthatonehurt

Gist: Eevil Congress forced the USPS to fund its unfunded liabilities. If only USPS could have followed the deficit spending model of the US Government, everything would be Okay.


4 posted on 02/08/2013 1:36:16 PM PST by Rinnwald
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Rinnwald
That's a knee jerk response that's totally off the mark. USPS had no unfunded liabilities ~ only federal government agency that could say so.

Olympia Snow and her crowd came up with this idea that they could tap into the USPS for several billiion dollars every year to reduce the deficit ~ and that nobody would notice!

The $5.4 billion payment each year for 10 years is to fund health care insurance for postal retirees 75 years in the future. NO ONE DOES THAT ~ not or private companies, not for government agencies.

We got rid of Olympia the RINO ~ now to remove the disasters she left behind.

10 posted on 02/08/2013 2:05:08 PM PST by muawiyah
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Rinnwald
Gist: Eevil Congress forced the USPS to fund its unfunded liabilities.

Nonsense -- even posted twice, it's nonsense.

The USPS wasn't "forced to fund its unfunded liabilities", it was forced to fund nonexistent, potential, future liabilities. I'm sorry to say it was a Republican Congress that ordered it.

No other government branch was required to do the same. Why was that?

37 posted on 02/08/2013 5:35:03 PM PST by BfloGuy (Money, like chocolate on a hot oven, was melting in the pockets of the people.)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson