Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bestintxas
If it were private they would not be paying $5.8 billion for "FUTURE" retirees. That's not for current retirees, or even folks who've retired recently, or will retire in the next few years. This is for folks who are retiring 75 years from now.

The law requires that postal costs be met through the collection of postage from mail users, not taxes.

What this particular payment amounts to is a bit of PROFIT TAKING by Congress in a way they believe gets around the Postal Reorganization Act which prohibits such actions.

Your propagandists out there know this ~ but they don't want you to know that. Frankly, what's going on sounds silly, but that's Congress for you ~ the trick was to help balance the budget. Well, they sure forgot about that quick didn't they?

9 posted on 11/15/2011 2:34:21 PM PST by muawiyah
[ Post Reply | Private Reply | To 1 | View Replies ]


To: muawiyah

the solvency of their retirement fund is their responsibility

in case you have not noticed - this crap is sinking the cities and states

screw them - close it down - let the greedy union idiots starve


21 posted on 11/15/2011 2:57:00 PM PST by sloop (don't touch my junk)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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