They need to privatize the retirement program and privatize the service all together.
I thought they were mostly privately owned? I could be wrong.
They need to privatize the retirement program and privatize the service all together.
I highly suggest referring to posts #9 and #12.
I don't see the necessity of an amendment. Just because a power is delegated to Congress does not mean it is mandated to be performed in any particular way. Congress could decide to allow the power to be left unexercised or simply open the field to anyone.
I don't see the necessity of an amendment. Just because a power is delegated to Congress does not mean it is mandated to be performed in any particular way. Congress could decide to allow the power to be left unexercised or simply open the field to anyone.
If changes are not made, Donahoe told reporters, “we think that around the August, September time frame next year we would be out of cash.”The Postal Service is fast approaching its borrowing limit of $15 billion, leaving officials concerned about a first-ever USPS default. Donahoe told the Senate panel that the Postal Service’s net loss for this fiscal year could run as high as $10 billion, and projects to around $9 billion for next year.
I think we all know what would be amended in the event of a modern constitutional convention, Rambone. And it wouldn't be the postal service.
Yep they have been losing money for years, business as usualDon't you guys worry. They're too big to fail.
It's normal for government run institutions and it is insane. The USPS is overburdened by pensions and benefits, having too many employees and facilities, as well as too low prices on many of their main services. The costs their union inspired employee benefits and pensions have laid on them are unsustainable, (as are those of most states and municipalities). Thankfully, if they were allowed to default and go under, (as would be the case if the government just allowed the market to work), most of us wouldn't really miss a beat. We'd pay our bills online, as many of already do and correspond via email or phone with most family. The USPS has steadily declined over the last 60 years. Dinosaurs either evolve or go extinct. My guess is that this particular dino will be rescued and continue to limp along as a cripple, at great expense to the taxpayers. Not worth it, IMO. Let it die.How in the world can the USPS be running NEGATIVE 9 billion... for the year?!?!?!?!?!
That is INSANE!