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It's All Your Money: Taxpayers may be on hook for US Postal Service losses
Fox News ^ | 5/8/2012 | By William La Jeunesse

Posted on 05/08/2012 4:57:08 PM PDT by tobyhill

The U.S. Postal Service is often the butt of jokes, but there's nothing funny about the agency's bottom line.

The USPS is losing up to $25 million dollars a day. Until now, taxpayers have not been on the hook for its mounting losses, but that could be about to change. A bill recently approved by the Senate would appropriate $34 billion in federal money.

"If the post office was a business, it would be in bankruptcy," said Rep. Dennis Ross, R-Fla. "It's insolvent."

Ironically, however, Congress shares much of the blame. For years, the Postal Service begged Washington for the freedom to cut its own budget by closing post offices and cutting employees. But Congress, under pressure from rural constituents and labor unions, prevented the cuts, and the service continued to bleed red ink.

In December, the USPS said it wanted to close more than half of its mail processing centers, eliminate 28,000 jobs, end overnight delivery of first-class mail, close 3,700 local post offices and end Saturday delivery.

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


TOPICS: Extended News; News/Current Events
KEYWORDS: goingpostal; postoffice; usps

1 posted on 05/08/2012 4:57:13 PM PDT by tobyhill
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To: tobyhill
pressure from rural constituents and labor unions

Privatize the Post Office and let it make money or die.

2 posted on 05/08/2012 4:59:21 PM PDT by Ben Mugged ("Life's tough..... It's even tougher if you're stupid." John Wayne)
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To: tobyhill
The PO is laconically addressed in the Constitution.

I thought that they had made a profit center out of handling the distribution of eBay sales.

I could have my mail delivered once a week and be happy.

3 posted on 05/08/2012 5:00:56 PM PDT by Paladin2
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To: tobyhill

I’ve read that there are 650,000 employees at the post office.


4 posted on 05/08/2012 5:03:46 PM PDT by blam
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To: tobyhill

They aren’t going to make the needed changes.

Is anyone really surprised?


5 posted on 05/08/2012 5:05:51 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Ben Mugged
I have such a plan. First thing to go are 28,000 small postal facilities ~ most of them rural post offices. Second thing to go is DOOR DELIVERY.

Eliminating supernumery mail processing employees could be Third or Fourth on the list. Have to see how closing down those smaller MPCs is going to affect the service ~ could be a disaster. Modern computer modeling techniques should be able to tell us ~ but I think the ban on doing a Preferential Mail Network is still in effect so management is probably just pulling that one out of their collective behinds.

We shall see.

There's about $20 billion a year right there!

6 posted on 05/08/2012 5:07:09 PM PDT by muawiyah
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To: blam
The number is down closer to 500,000.

The problem is two fold ~ the URBAN postal operations are probably trimmed as far as they can be safely trimmed at the moment. The rural postal operations are FAT and for the most part so overstaffed you wouldn't believe it. They can be trimmed way back and the whole business in any county with less than 10,000 population handed over to rural delivery service.

There are a good 95,000 people involved in running those small buildings. That's what they do BTW, just open the doors, turn on the lights, certify the utility bills for payment by the PDC.

7 posted on 05/08/2012 5:10:13 PM PDT by muawiyah
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To: blam
The number is down closer to 500,000.

The problem is two fold ~ the URBAN postal operations are probably trimmed as far as they can be safely trimmed at the moment. The rural postal operations are FAT and for the most part so overstaffed you wouldn't believe it. They can be trimmed way back and the whole business in any county with less than 10,000 population handed over to rural delivery service.

There are a good 95,000 people involved in running those small buildings. That's what they do BTW, just open the doors, turn on the lights, certify the utility bills for payment by the PDC.

8 posted on 05/08/2012 5:10:33 PM PDT by muawiyah
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To: muawiyah

Where, muawiyah, in your plan is the privatization part? Which parts (hopefully the whole thing!) of the USPS would you sell off, and why?


9 posted on 05/08/2012 5:13:03 PM PDT by dinodino
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To: dinodino
Privatization is readily accomplished with any entity like USPS. Just auction it off to the highest bidder ~ lock, stock and barrel.

You give it a national charter and that's the end of that.

Happens every day.

10 posted on 05/08/2012 5:17:22 PM PDT by muawiyah
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To: muawiyah

It’s NOT about saving money. It’s about saving a lot of union workers jobs. PERIOD!


11 posted on 05/08/2012 5:17:46 PM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: muawiyah

What do you mean by, “national charter?” You are suggesting selling it off and retaining a government-enforced monopoly? That’s no solution at all!

We should cut the pursestrings, and let them live or die. USPS is an anachronism.


12 posted on 05/08/2012 5:25:25 PM PDT by dinodino
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To: tobyhill

Privatize the post office and the problem is solved. Part of the problem is that Congress couldn’t run a lemonade stand without a billion dollar loss, and part of the problem is that Congress is stealing from the post office to fund it’s other programs.


13 posted on 05/08/2012 5:27:59 PM PDT by Brilliant
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To: blam
"I’ve read that there are 650,000 employees at the post office."

That's true. But all except one of them are on break. Step to the next window, please...

14 posted on 05/08/2012 5:53:05 PM PDT by DJ Frisat ((optional, printed after my name on post))
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To: Ben Mugged

“Privatize the Post Office and let it make money or die.”

It’s not that simple. We have a satellite production office in Canada. Sending by Fedex a few documents with a tracking number costs us $76. Priority Mail Intl costs us $23.

It’s no secret why Ebay and Amazon sellers depend on the programs from USPS. If one indeed privatizes the system, start with the overall logistical process of USPS.


15 posted on 05/08/2012 5:56:00 PM PDT by max americana
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To: tobyhill

Stop spending. Privatize it or close it.

http://www.usdebtclock.org/


16 posted on 05/08/2012 6:13:47 PM PDT by PGalt
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To: tobyhill

Let them adjust their pensions. Scr** them not us.


17 posted on 05/08/2012 6:16:36 PM PDT by Sacajaweau
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To: tobyhill

I thought the Post Office was spun off from the Feds some years ago.


18 posted on 05/09/2012 1:43:25 PM PDT by ridesthemiles
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To: muawiyah

FYI-—

I live in a small rural community.

We ALREADY have private delivery. The persons who bring us our mail already are NOT employees of the USPS.

They work for a ‘Private Carrier’ and have NO benefits. I have yet to clearly understand who pays for their gasoline, etc, since they are driving their OWN cars.

Some places we have ‘cluster boxes’. Some places, individual mailbox delivery.

I would support cluster boxes all over the valley to speed things up.

Meanwhile, if they close our local USPS, it is a minimum of 17 miles to the next closest one.

Oersonally, I think the rural post offices could be inside other places of business—like the satellite banks inside the grocery stores.

They could have FEWER employees and not be paying for their brink/mortar buildings.

In the past 7 years, within 35 miles of where I live, there have been 3 THREE NEW USPS buildings built—when the old buildings were just fine.


19 posted on 05/09/2012 1:48:18 PM PDT by ridesthemiles
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To: ridesthemiles
Hmm, you live in North East New Mexico ~ or a couple of other places. USPS has what are called Contract Highway Routes (or maybe a different name by now) and USPS pays them money to travel a circuit in very rural areas and deliver the mail.

Most people are familiar with the large tractor trailer operations that say USMail on the side and the back ~ same thing but much larger scale than the guys in the cars and trucks.

I FOUND ONE that was 3 days out and 2 days back.

There's no reason you can't get all the mail services you need from those carriers. Ask them.

Rural Delivery is also provided by USPS elsewhere than your neck of the woods.

20 posted on 05/09/2012 1:54:05 PM PDT by muawiyah
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To: dinodino
Pretty big dinosaur ~ and with AN ENORMOUS BANDWIDTH.

As predicted you can now get electronic books by mail.

21 posted on 05/09/2012 1:56:30 PM PDT by muawiyah
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To: dinodino

A national charter eliminates the problem of state regulation ~


22 posted on 05/09/2012 2:00:29 PM PDT by muawiyah
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To: muawiyah

What are you talking about?

Why would you get an electronic book through physical mail? That’s completely retarded. Does the USPS really do that?


23 posted on 05/09/2012 3:30:21 PM PDT by dinodino
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To: dinodino

Blind people have a hard time using the net.


24 posted on 05/09/2012 3:48:08 PM PDT by muawiyah
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To: dinodino
Let me go further, there are millions of people who don't want the internet and don't access it but they order electronic books ~ to read them. In case you hadn't noticed print is dead.

There are millions of others who can't access the net (blind for example). They order lots of things by mail.

Then there are electronic books produced in languages rarely found in use in the US, and probably not accessible on the net even if you wanted to do it that way, and those folks who want those books order through the mail, and receive appropriate recordings through the mail.

Remember, your experience is not necessarily the universal experience ~ however retarded you believe that universal experience to be. It's a huge planet ~ even though literally everybody eats frozen chicken produced in the US, if they're lucky.

25 posted on 05/09/2012 4:24:19 PM PDT by muawiyah
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To: muawiyah

Mm, yes, I’m sure MILLIONS AND MILLIONS of people read electronic books without Internet connections. Do you have a citation for this?

I also notice that you refer to “recordings”—those are audiobooks, and are not e-books. You do not read an audiobook. I understand that the visually impaired use audiobooks recorded on SD cards—that’s not what we’re talking about here. If the USPS ceased to exist tomorrow, these people would still be able to get their audiobooks via other delivery methods.


26 posted on 05/09/2012 6:40:43 PM PDT by dinodino
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To: muawiyah

Blind people have a hard time reading electronic books. If you are trying to equate audiobooks and e-books, you are being dishonest. For the record, my MIL is visually impaired and I am very familiar with the audiobooks on SD carts she orders for her player. Those are audio recordings, not e-books.


27 posted on 05/09/2012 6:42:58 PM PDT by dinodino
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To: dinodino
You can get both ~ by mail ~ I am referring to the CONTENT as 'the book', and in terms of it being transported by some physical media (disk drive, chip, whatever) but i understand there are people into the reader as being pre-eminent, and some of the readers don't have ports. A quick review of the literature will demonstrate to even the most incurious that there are still a plethora of devices and media in the category of "Ebook".

Without going through a great deal of discomfort trying to read one of the I-pads and I-pad like devices around the house (owned by my sons) I can watch a 22-24 inch screen and read anything.

I"m not blind yet but my visual limits are quite pronounced, and my reading these days is limited to my Mac! And as they make bigger and bigger screens I will get bigger and bigger Macs.

They've dumped everything on a 1T disk for me so as long as I have the read software on my Mac I can read it ~

Now about VOICE, there's software out there that turns any digital signal into sound ~ I have a couple of different versions on my Mac. I used them only a short time back when I was blind. Had trouble finding the keyboard though.

No doubt everything is not yet portable from platform to platform and system to system, but all that comes in due course. By the time i need my computer to talk at me it will do so with ease.

28 posted on 05/09/2012 7:00:03 PM PDT by muawiyah
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To: tobyhill

We’ve been on the hook for the post office’s escalating losses for years.


29 posted on 05/09/2012 7:07:13 PM PDT by <1/1,000,000th%
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