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White House to Propose Plan to Help Postal Service (Unions stick to no-layoff clause)
ny times ^ | 9/7/2011 | steven greenhouse

Posted on 09/07/2011 3:53:24 AM PDT by tobyhill

The Obama administration said on Tuesday that it would seek to save the deficit-plagued Postal Service from an embarrassing default by proposing to give it an extra three months to make a $5.5 billion payment due on Sept. 30 to finance retirees’ future health coverage.

Speaking at a Senate hearing, John Berry, director of the federal Office of Personnel Management, also said the administration would soon put forward a plan to stabilize the postal service, which faces a deficit of nearly $10 billion this fiscal year and had warned that it could run out of money entirely this winter.

“We must act quickly to prevent a Postal Service collapse,” said Senator Joseph Lieberman, independent of Connecticut, who is chairman of the Senate Homeland Security and Governmental Affairs Committee, which held the Tuesday hearing on the Postal Service’s financial crisis.

Postmaster General Patrick R. Donahoe testified that even with a three-month reprieve on the $5.5 billion payment, the post office was likely to run out of cash and face a shutdown next July or August unless Congress passed legislation that provided a long-term solution for the ailing agency.

(Excerpt) Read more at nytimes.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: postalservice; postoffice; usmail; usps

1 posted on 09/07/2011 3:53:29 AM PDT by tobyhill
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To: tobyhill

The Obama administration said on Tuesday that it would seek to save the deficit-plagued Postal Service from an embarrassing default by proposing to give it an extra three months to make a $5.5 billion payment due on Sept. 30 to finance retirees’ future health coverage.

The postal service would be making a profit if it weren’t for the retirees benefits.


2 posted on 09/07/2011 3:57:00 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: tobyhill
Another rat hole for Obama stash.... Instead why can't we put money somewhere doing good, instead of saving this black hole (not in a racist way). There is a sucking sound here.
3 posted on 09/07/2011 3:57:52 AM PDT by Quick Shot
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To: freedomfiter2

Three months won’t help a thing. It just prolongs their suffering.


4 posted on 09/07/2011 4:00:00 AM PDT by tobyhill (A Democrat that doesn't lie would be a lie)
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To: tobyhill

It should have been privatized years ago.

I do 100% of all my financial transactions online. The only thing USPS delivers to Mrs. FD and I are Netflix (which I cancelled), junk mail and magazines. They could stop Saturday, Tuesday and Thursday delivery with no adverse affect on us.

Close the whole thing down.


5 posted on 09/07/2011 4:00:34 AM PDT by freedumb2003 (California: Making Texas more Conservative one voter at a time)
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To: tobyhill
Just turned on the TV, and clicked over to C-span..they were replaying the committee hearing on the USPS....caught this INCREDIBLE line from McCaskill: ( slightly paraphrasing from memory)

"Has the USPS ever considered an ad campaign to convince Ameicans on the importance, the value, of writing letters?"

Possibly the stupidest thing she's ever sdaid?

6 posted on 09/07/2011 4:01:52 AM PDT by ken5050
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To: tobyhill

“We must act quickly to prevent a Postal Service collapse,” said Senator Joseph Lieberman, independent of Connecticut,

WHY?
It does not work
We are broke.
STOP! No More.................


7 posted on 09/07/2011 4:01:52 AM PDT by SECURE AMERICA (Where can I sign up for the New American Revolution and the Crusades 2012?)
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To: freedomfiter2

Perhaps Zero needs to call Scott Walker for advice.


8 posted on 09/07/2011 4:04:28 AM PDT by BOBWADE
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To: ken5050

“Noting that some great books have been written based on letters sent by the Founding Fathers and by soldiers, Senator Claire McCaskill, Democrat of Missouri, urged the postmaster general to run an advertising campaign urging Americans to send more letters to each other.

“There is something special about receiving a piece of first-class mail, knowing that it comes from someone you care about,” she said. “I really believe that if someone would begin to market the value of sending a written letter to someone you love, you might be surprised what it will do for your Christmas season.”


9 posted on 09/07/2011 4:06:22 AM PDT by Pelham (Let's all celebrate America's first Illegal Alien President)
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To: freedomfiter2

Any way we can make it independent enough to send it through bankruptcy?


10 posted on 09/07/2011 4:07:52 AM PDT by 9YearLurker
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To: freedumb2003

“An overarching trend that has fueled the Postal Service’s crisis — and reduced annual mail volume by 22 percent since 2006 — is that Americans are e-mailing, paying bills electronically and reading shopping catalogs and news online.”


11 posted on 09/07/2011 4:08:48 AM PDT by Pelham (Let's all celebrate America's first Illegal Alien President)
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To: Pelham

Thank you, kind sir (or madam)....for the superb, and very rapid..research ...


12 posted on 09/07/2011 4:08:48 AM PDT by ken5050
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To: tobyhill

13 posted on 09/07/2011 4:08:53 AM PDT by Diogenesis ("Freedom is never more than one generation away from extinction." Pres. Ronald Reagan)
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To: tobyhill

Kill the beast. Privatize it.


14 posted on 09/07/2011 4:09:15 AM PDT by iowamark
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To: iowamark
Totally agree..

Would a constitutional amendment be required to do so?

15 posted on 09/07/2011 4:10:38 AM PDT by ken5050
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To: ken5050

It’s “sir”. Or rather “Major”, considering the nom de plume I’ve chosen.


16 posted on 09/07/2011 4:11:47 AM PDT by Pelham (Let's all celebrate America's first Illegal Alien President)
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To: ken5050

No. Congress has the power “To establish Post Offices and post Roads.” There is no constitutional mandate that overpaid government union employees deliver the mail.


17 posted on 09/07/2011 4:15:12 AM PDT by iowamark
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To: Pelham

>>”Noting that some great books have been written based on letters sent by the Founding Fathers and by soldiers, Senator Claire McCaskill, Democrat of Missouri, urged the postmaster general to run an advertising campaign urging Americans to send more letters to each other.<<

The Founding Fathers found email to be far too impersonal and didn’t trust online banking.


18 posted on 09/07/2011 4:17:09 AM PDT by freedumb2003 (California: Making Texas more Conservative one voter at a time)
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To: tobyhill

Ye Gods but this is easy: terminate the Postal unions.


19 posted on 09/07/2011 4:17:16 AM PDT by Oceander (Refusing to Vote in 2012 is the Same Thing as Voting FOR Obama in 2012)
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To: tobyhill
The public unions are bleeding the body politic dry. We need to sheep dip the country to get rid of the ticks or the host is going to die.
20 posted on 09/07/2011 4:17:55 AM PDT by Truth29
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To: tobyhill

Close it down, simple solution.


21 posted on 09/07/2011 4:19:18 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: tobyhill

I think he’s trying to stave off a bankruptcy that would hurt his union buddies.


22 posted on 09/07/2011 4:19:48 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: Oceander

If you read the ideas from the USPS board...to cut staff, and change the pension and health benefits..they’re long overdue, but what’s really surprising is that I believe the majority of the board was appointed by Obama...


23 posted on 09/07/2011 4:20:32 AM PDT by ken5050
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To: tobyhill

ENOUGH!!!!!! Pensions are NOT SUSTAINABLE...ANYWHERE!!!


24 posted on 09/07/2011 4:21:07 AM PDT by Ann Archy (Abortion is the Human Sacrifice to the god of Convenience.)
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To: Pelham

Al Gore’s fault.


25 posted on 09/07/2011 4:22:15 AM PDT by PalmettoMason ("The Constitution only gives people the right to pursue happiness. You have to catch it yourself.")
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To: 9YearLurker

“Any way we can make it independent enough to send it through bankruptcy?”

That’s already being considered. BK will void the union contracts giving USPS more flexibility. But BK won’t touch pension over-funding, mandatory six day delivery, and small office closure issues. The USPS will want a solution that gives them the ability to address these issues as well. Currently they are constrained by rules that they have no power over. It can’t be run in a businesslike manner when operational decisions are imposed upon it from the outside.


26 posted on 09/07/2011 4:23:33 AM PDT by Pelham (Let's all celebrate America's first Illegal Alien President)
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To: iowamark
There is no constitutional mandate that overpaid government union employees deliver the mail.

Ping

27 posted on 09/07/2011 4:26:18 AM PDT by alrea
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To: Ann Archy

Pensions aren’t the problem at USPS. If anything it’s the reverse at USPS, they have been required to fund future retirement health care costs at a rate far beyond anything that private business does.


28 posted on 09/07/2011 4:29:10 AM PDT by Pelham (Let's all celebrate America's first Illegal Alien President)
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To: Ann Archy
Especially when a company can't layoff the dead weight.
29 posted on 09/07/2011 4:29:48 AM PDT by tobyhill (A Democrat that doesn't lie would be a lie)
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To: tobyhill

My utility company (Ameren Illinois) will not get on board with electronic billing, the only bill I have that can’t be paid that way. I believe the reason is that they don’t want to pay the fees involved with debit and credit cards and they can’t simply raise rates at will, they have to get permission for every rate increase from a state agency.

So every month I get my bill from them in the U.S. mail and have to use the U.S. mail to send them a paper check and wait about two to three weeks for them to cash it and clear my bank account.

Just remembered, my water bill is the same way, mail a check or pay cash in person, cash is my usual route with them, always getting a receipt.


30 posted on 09/07/2011 4:37:08 AM PDT by Graybeard58
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To: tobyhill
My usual way to function is via e-mail, electronic funds transfer and a rare Fed-Ex package.

Today will be one of the few times I will actively be sending something via USPS.

I'm sending Mr. Hoffa a tea bag and a letter expressing my displeasure at his performance in detroit on Labor Day.

Not that hoffa will care, but maybe some mafia guy will get short changed by young jimmy and he'll end up in a NJ parking lot with the old man.

31 posted on 09/07/2011 4:39:02 AM PDT by USS Alaska (Nuke the terrorist savages.)
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To: freedumb2003

We don’t really receive anything useful in USPS at our house either...just the occasional birthday card. All but a couple of our bills are delivered electronically. The rest of the mail is junk, which I could do without. I get plenty of junk electronically already!


32 posted on 09/07/2011 4:59:10 AM PDT by dinodino
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To: tobyhill

Let me guess - he has a plan but it will cost $300 billion...


33 posted on 09/07/2011 5:52:52 AM PDT by Caipirabob ( Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: tobyhill

let them re-organize under a bankruptcy judge - without the union!!

that is the only option - no more bailouts!!!


34 posted on 09/07/2011 6:21:41 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: freedumb2003
Close the whole thing down.

Hah! Nothing that members of Congress rely on to communicate with their constituents has a snowball's chance of being closed down.

35 posted on 09/07/2011 6:43:55 AM PDT by freespirited (Stupid people are ruining America. --Herman Cain)
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To: tobyhill

All congress has to do is allow them to deliver 5 days instead of 6. The postal service has been asking Congress to let them do this for years. Why won’t the government allow this simple change that will allow the Usps to continue on. Also Congress will not allow the Post Office to offer to sell more goods or services or close more dead weight offices. They prefer Hoffa’s teamster pals at UPS.


36 posted on 09/07/2011 7:07:35 AM PDT by weston (As far as I'm concerned, it's Christ or nothing!)
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To: weston

Bump to reiterate:

Obama prefers Hoffa’s Teamsters at UPS


37 posted on 09/07/2011 10:02:16 AM PDT by weston (As far as I'm concerned, it's Christ or nothing!)
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