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Old 06-15-2009, 09:53 AM
 
27,214 posts, read 46,772,227 times
Reputation: 15667

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MarketWatch.com Story

The U.S. Postal Service, having posted a nearly $2 billion fiscal second-quarter loss, is contemplating cutting tens of thousands more jobs and closing or consolidating 3,100, or 8.4%, of its 36,700 offices and retail outlets, The Wall Street Journal reported.

Do we want the govenment to run more businesses?
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Old 06-15-2009, 09:54 AM
 
2,229 posts, read 1,687,719 times
Reputation: 623
The postal service has been an independantly run organization for some time now. They utilize zero tax payer dollars to operate and function.
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Old 06-15-2009, 09:56 AM
 
Location: Raleigh, NC
9,059 posts, read 12,975,389 times
Reputation: 1401
Quote:
Originally Posted by jcarlilesiu View Post
The postal service has been an independantly run organization for some time now. They utilize zero tax payer dollars to operate and function.
Then why is it a FEDERAL crime (as opposed to a felony) to rob a US post office?
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Old 06-15-2009, 09:57 AM
 
Location: The D-M-V area
13,691 posts, read 18,460,842 times
Reputation: 9596
If they continue this way we'll be back to using carrier pigeon and pony express for sending our mail.
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Old 06-15-2009, 10:01 AM
 
Location: Chicago Suburbs
3,199 posts, read 4,319,109 times
Reputation: 1176
Quote:
Originally Posted by jcarlilesiu View Post
The postal service has been an independantly run organization for some time now. They utilize zero tax payer dollars to operate and function.
They are a federally protected monopoly and receive tax breaks as well.
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Old 06-15-2009, 10:05 AM
 
Location: Raleigh, NC
9,059 posts, read 12,975,389 times
Reputation: 1401
Try to run a business that delivers first-class mail faster and cheaper and see how quickly you get shut down.
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Old 06-15-2009, 10:07 AM
 
23,838 posts, read 23,134,648 times
Reputation: 9409
Quote:
Originally Posted by jcarlilesiu View Post
The postal service has been an independantly run organization for some time now. They utilize zero tax payer dollars to operate and function.
Bailout. They'll be calling Obama soon.
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Old 06-15-2009, 10:08 AM
 
35,016 posts, read 39,168,101 times
Reputation: 6195
Quote:
Originally Posted by ViewFromThePeak View Post
Then why is it a FEDERAL crime (as opposed to a felony) to rob a US post office?
David: In fact, a postage stamp is legal tender. A bus driver would have to accept that as currency.
Tim: Yeah, that'd happen.
David: Well, if he doesn't, report him.
Tim: Yeah, I'll report him while I'm walking home.
Gareth: Get a taxi, if you've got enough stamps.
Dawn: Or cash 'em in at the Post Office.
David: Shouldn't have to. Shouldn't have to.

BBC NEWS | Entertainment | The Office v Little Britain
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Old 06-15-2009, 10:15 AM
 
12,867 posts, read 14,921,177 times
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Quote:
Originally Posted by AeroGuyDC View Post
Bailout. They'll be calling Obama soon.
you got that right.
(huffington post)
the post office will run out of money this year unless it gets help, Postmaster General John Potter told Congress on Wednesday as he sought permission to cut delivery to five days a week.

"We are facing losses of historic proportion. Our situation is critical," Potter told a House panel.

The agency lost $2.8 billion last year and is looking at much larger losses this year. Reducing mail delivery from six days to five days a week could save $3.5 billion annually, Potter said.

Potter also urged changes in how the post office pre-pays for retiree health care to cut its annual costs by $2 billion.

If the Postal Service does run out of money, the lingering question, Potter told the House Oversight post office subcommittee, is which bills will be paid and which will not. Ensuring the payment of workers' salaries comes first, he said, but other bills may have to wait.

ruh-row!
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Old 06-15-2009, 10:16 AM
 
6,734 posts, read 9,344,746 times
Reputation: 1857
Quote:
Originally Posted by jcarlilesiu View Post
The postal service has been an independantly run organization for some time now. They utilize zero tax payer dollars to operate and function.
Does that mean this thread is dead?

I can't believe people don't check their facts when trying to prove a point.
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