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Post Office 2 fixes Rate Topic: -----

#1 User is offline   Lythos 

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Posted 29 July 2010 - 06:54 PM

http://nalc.org/depa...eet--hr5746.pdf

HR 5746 will fix the post office's debt problem. We're only in debt now because we're being required to pre-pay the next 75 years worth of future retirement liabilities over a 10 year period, something no other business in America does, and at a cost of $5 billion per year. On top of that we've already OVERPAID $75 Billion that should have been covered under the old civil service retirement system from way back when the Post Office Department (pre-1970) was a direct federal agency, instead of the semi-private US Postal Service (post 1970).

Add to that -- http://nalcactivista...-will-continue/

Saturday delivery will continue. I'd like to drop a big F U on postal management with this one! Suck it, suckers. Glad to see our representatives standing up for what is right instead of caving into our lackluster managers who only got their jobs because they couldn't hack it in the labor force. Now for the coup de grace.... get rid of Jack Potter, kthx.
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#2 User is offline   Mark 

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Posted 29 July 2010 - 07:24 PM

Lythos, the post office is like a buggy whip manufacturer. Not long for this earth, I'm afraid.
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

Anyone who insists on placing the blame, or even half the fault, on the minority party over 7 years, personifies the term "partisan". Scott Lee
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#3 User is offline   Theravenseldon 

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Posted 29 July 2010 - 07:34 PM

View PostMark, on 29 July 2010 - 08:24 PM, said:

Lythos, the post office is like a buggy whip manufacturer. Not long for this earth, I'm afraid.


Untrue, the post office is still quite useful
I'm Nobody. Nobody is perfect and Nobody gets out alive.

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#4 User is offline   Mark 

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Posted 29 July 2010 - 07:47 PM

View PostTheravenseldon, on 29 July 2010 - 07:34 PM, said:

View PostMark, on 29 July 2010 - 08:24 PM, said:

Lythos, the post office is like a buggy whip manufacturer. Not long for this earth, I'm afraid.


Untrue, the post office is still quite useful


For a while. Quite soon, they will only be delivering sales fliers. And then the volume will be so low that they'll probably just let UPS handle it.
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

Anyone who insists on placing the blame, or even half the fault, on the minority party over 7 years, personifies the term "partisan". Scott Lee
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#5 User is offline   Lythos 

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Posted 29 July 2010 - 07:50 PM

View PostMark, on 29 July 2010 - 08:24 PM, said:

Lythos, the post office is like a buggy whip manufacturer. Not long for this earth, I'm afraid.

Over the long term, I'd probably agree with you. . . but I'll bet it's got at least another 20 - 30 years of being able to provide a good service and at least break-even. They just need to get the overpaid money back. Last year we lost 4B, the retirement payment was 5... that means at the height of a nasty recession we still would've been +1 Billion.... and believe me the mail volume is coming back. Business has got to be up almost 50% this quarter just judging by how much more work I have. I went from barely getting 40 hours (often less) to nearly 60 every week again.
"The big question in this election is going to be who's looking out for you and your job versus who's standing with big banks, big oil and big insurance companies."

~Teddy Davis, Spokesman, SEIU.

http://www.google.co...AOyHuwD9HVAORO1
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