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Old 02-06-2013, 08:57 AM
 
Location: Fort Payne Alabama
1,185 posts, read 1,571,277 times
Reputation: 2269

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Quote:
Originally Posted by thecoalman View Post
The USPS has 500K employees and their business is in decline, as the first class mail customers continue to decline they are going to become less competitive and have less and less revenue in the future to fund these pensions. We have numerous private and public pensions failing across the entire nation becsue they have been underfunded, we don't need another one the taxpayer will have to bail out in the future especially considering the size of this one.
OK Coalman, what would YOU do other than whine, complain and "just say no" to any solution to solve the problem?
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Old 02-06-2013, 08:58 AM
 
Location: Marquette, Michigan
88 posts, read 75,754 times
Reputation: 95
Quote:
Originally Posted by Mathguy View Post
Yeah, because just ignoring the problem and then cutting the pensions after they retire is the better route to take?

This is the discussion that has been going on in Illinois and other places.

Yeah, just ignore those costs...kick that can down the road until NOBODY will buy your crappy debt instruments and you just stop paying.

That's a recipe for disaster. Did we learn NOTHING from all the companies that went bankrupt over the years and they show pensioners from airlines, steel mills etc. getting 50-70 cents on the dollar?
There's a middle ground to be had. No company or entity in existence is funding its benefit program the way the USPS is being forced to.
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Old 02-06-2013, 09:00 AM
 
Location: Marquette, Michigan
88 posts, read 75,754 times
Reputation: 95
Quote:
Originally Posted by Mathguy View Post
Yep. It's about freaking time too.

Any private company that takes a decade or so to react to major changes in their industry wouldn't even be around today (well, unless they got huge bailouts from the government )

Ever noticed what happened to Blockbuster?
Get a clue. The USPS HAS been trying to do this for years, but they don't get to make major decisions like this one. They don't have the power. Any company that had to answer to 535 idiots in order to make a decision would fail.

The USPS will still need congressional approval for this to even happen, which will be tough.
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Old 02-06-2013, 09:02 AM
 
Location: Home, Home on the Front Range
22,744 posts, read 16,188,147 times
Reputation: 12719
Quote:
Originally Posted by Tomalak View Post
Imagine for a minute that you run a large company with a lot of employees. You provide a service that is critical to those in your town. You're responsible for the budget and making sure you bring in enough profit to survive. Sounds like a pretty typical business, don't you think?

BUT, here's the catch. You're not allowed to make big decisions which could have a major impact on your business. No, you depend on 535 people who have nothing to do with your business and almost no knowledge of how your business works, to make those decisions for you. You have no recourse against them.

That's what it's like to run the USPS.

They were profitible, even with the sharp decline in first class mail, right up until the new law regarding pensions was passed in 2006. They went from being profitible, safely in the black to billions of dollars in debt overnight. They are fully funding retirements for employees who haven't even been born yet.

Please tell me how that's not ridiculous? Please point to another private company who operates that way, and be specific citing verifiable data?

Last, to those crying about privitization...please tell me how much the USPS takes from the taxpayer each year?

Great points.
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Old 02-06-2013, 09:03 AM
 
48,516 posts, read 83,688,108 times
Reputation: 18036
You do what you have to do.
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Old 02-06-2013, 09:04 AM
 
29,602 posts, read 16,347,469 times
Reputation: 13734
Get rid of the USPS now.
Look at all the excuse making, finger pointing and politicizing that surrounds its operation.

The USPS is a textbook case for getting the government out of as many services and programs as possible.
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Old 02-06-2013, 09:09 AM
 
Location: Western Colorado
11,053 posts, read 12,403,387 times
Reputation: 25951
Saving $2 billion to the government is like 20 cents to you and I. It won't make a bit of difference.
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Old 02-06-2013, 09:12 AM
 
39,203 posts, read 40,587,898 times
Reputation: 16081
Quote:
Originally Posted by GreggT View Post
OK Coalman, what would YOU do other than whine, complain and "just say no" to any solution to solve the problem?
The USPS needs to be allowed to streamiline their operations. For starters get rid of the rural PO's and limit service to those areas as any for profit company would.

While doing that becsue of the cuts to service the monopoly on first class mail needs to be lifted.
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Old 02-06-2013, 09:13 AM
 
Location: Marquette, Michigan
88 posts, read 75,754 times
Reputation: 95
Quote:
Originally Posted by Frank DeForrest View Post
Get rid of the USPS now.
Look at all the excuse making, finger pointing and politicizing that surrounds its operation.

The USPS is a textbook case for getting the government out of as many services and programs as possible.
You are partial correct. Getting the government out of the USPS would save the USPS. But since most people don't understand what the USPS or how it works, it's easier just to say all of that...
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Old 02-06-2013, 09:15 AM
 
Location: Marquette, Michigan
88 posts, read 75,754 times
Reputation: 95
Quote:
Originally Posted by thecoalman View Post
The USPS needs to be allowed to streamiline their operations. For starters get rid of the rural PO's and limit service to those areas as any for profit company would.

While doing that becsue of the cuts to service the monopoly on first class mail needs to be lifted.
So you're a liberal in favor of massive urban consolidation of population and services? Got it.

The monopoly is not a factor. UPS and FedEx can't afford to deliver their own stuff to rural locations and small towns. They wouldn't even touch first class even if they could.
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