Posted on 10/16/2011 3:42:55 PM PDT by Recovering_Democrat
The union representing 280,000 U.S. letter carriers is hiring the man who designed President Obama's auto bailout, a sign of the deepening battle looming over how to restructure the U.S. Postal Service.
The National Association of Letter Carriers said it retained Ron Bloom, the president's former "car czar" who orchestrated the bailout and restructuring of General Motors and Chrysler LLC, and led the Treasury's oversight of the companies.
The union also has hired investment bank Lazard Ltd., assembling a restructuring team experienced in analyzing large, complex, financially troubled institutions and proposing solutions.
(Excerpt) Read more at online.wsj.com ...
The Union has hired Lazard? What, as rent payment for all the little vermin sleeping in its foyer?
Maybe the government should take over the postal service!
The recent "controls" have included extorting $5.8 billion a year from the agency as a sort of "profit" that subsidizes ordinary federal budget expenses. That violates the original USPS Act, but who cares eh?
The second thing they do occurs mostly when Democrats are in office. They INFILTRATE Democrats into major management positions. The place begins to look awfully similar to the old Patronage Ridden Post Office Department ~ and that's probably going on at the present since Obama's got a Democrat majority on the Board of Governors.
The Union's advisors are going to end up seeing the situation pretty much the way I see it and the Union isn't going to like the deal. In fact, when the Chairman of the House committee with responsibility for USPS matters was a Democrat, whatever the Union told him to do he would do. Currently they have a Republican but he's busy investing "Fast and Furious". Probably means he's delegated the post office problem to a staff aid with NO experience in postal matters beyond buying stamps at the closest Safeway.
I have a plan for what to do ~ it can be reorganized as an employee buyout or ESOP, or as far trimmer USPS type organization which can control its own price structure (without the Postal Rate Commission). It can even be left alone as is but without the $5.8 billion tribute ~ that wasn't in the original plan.
Perhaps if we had a representative form of self govt, instead of a ruling class elite, they could fix their own breakfast.
get rid of the unions thugs.
We have three types of trash pick up each week. The trucks are automated with an arm to do the work.
Adding two part bins and a feeder to insert pre bounded mail might work.
Mail drop off and trash pick up! They could add an RF reader and also displace the meter readers.
Eliminate all the lost motion and save the earth!
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