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US Post Office Facing Default...AGAIN, as UNIONS Continue to Decimate America

he United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.Enlarge This ImageJustin Sullivan/Getty ImagesLabor represents 80 percent of the agency's expenses.Graphic[url=http://www.nytimes.com/2011/09/05/business/in-internet-age-postal-service-struggles-to-stay-solvent-and-relevant.html?_r=1]The Postal Serviceâ

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Added: Sep-5-2011 Occurred On: Sep-5-2011
By: yorba
In:
Politics
Tags: US Postal Service, Mail, default, government ineptitude, unsustainable debt, pensions, unions
Location: Washington, District of Columbia, United States (load item map)
Views: 4452 | Comments: 76 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • It's reaaly sad to see this country going down the drain. Too many liberals, socialists, illegals, crooked politicians, crazy environmentalists and a president so far in over his head makes a poor fellow want to cry. Our money is becoming worthless, people loosing their savings, unions striking, the administration's ATF selling guns to Mexican cartels and yet people like this totally ill=equiped Muslim Boy President. I don't get it.

    Posted Sep-5-2011 By 

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    • @getevennotmad Sadly, I think the only solution at this point in Ron Paul... and that's something coming from these lips/fingers. I have never once supported him nor his son, but I believe the time has come.

      Posted Sep-5-2011 By 

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  • Think of UPS they come hauling ass up then drop off the package and haul ass away.
    I have gotten one wrong package in over 20 years.
    Now the USPS, they come puttering up, sort the mail, get it wrong far too often and stick it into a mailbox.
    I have gotten a lot of wrong mail that belonged to neighbors.
    USPS needs to take notes.

    Posted Sep-5-2011 By 

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    • @moefugger Dude, I still get the wrong mail at one of my business locations and it's going on 12 years now. In fact, the Post Office never delivered a labor court verdict to my business and I got penalized $7,800 on a $700 wage dispute because I didn't "appeal" it on time and it went to default judgment.

      Fuck the post office and the idiots who run it like it's a 1950s Soviet behemoth of ineptitude and waste.

      Posted Sep-5-2011 By 

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  • The US postal service is now an anachronism. There's no reason for it to exist. Have UPS, FEDEX and other delivery services take over.

    Most daily correspondence is by email now.

    Posted Sep-5-2011 By 

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    • @vicsemprini I agree, however the postal service is one of the very few things the constitution actually mentions, unlike almost everything else.

      Posted Sep-5-2011 By 

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    • @vicsemprini Amazingly, it seems to be that those private companies are doing a better job, with their own money, without the government.

      Posted Sep-5-2011 By 

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    • @ST0N3PONY
      Great point,
      In addition, you will not find those crippling pension plans
      anywhere in Federal Express.

      Wonder why that is...

      Posted Sep-5-2011 By 

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    • @wharris It's almost as though when an organization operates with their own money, with their own employees, they tend to be more motivated to be efficient and not wasteful. And, it seems like when these companies are forced to compete against each other in a free market, they tend to strive for superiority. Making costs go down, quality up. etc. etc.

      Posted Sep-5-2011 By 

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    • @ST0N3PONY

      You mean despite the government.

      Posted Sep-5-2011 By 

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  • ~thanx, Yorba.
    Well the Post office is gonna' default, our faithful "public servants" have been raiding the Social Security "lock-box" all along, Medicare is in trouble, the deficit is outrageous and yet there are STILL brainless twit morons out there who want the federal government to take over health care. What pathetic idiots !

    Posted Sep-5-2011 By 

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  • We should have gotten rid of the post office long ago. Lets see, I get 3 bills, a few cards a month, and about a ton of advertisements and circulars. I can pay my bills online and get email without chopping down tons of trees just to throw whatever was written on it away. The whole thing is inefficient, costly, and wasteful. The post office said they could be self-sufficient but that obviously isn't the case even after the many raises in postage costs.

    Posted Sep-5-2011 By 

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  • NYTIMES:

    ... decades of contractual promises made to unionized workers, including no-layoff clauses, are increasing the post office’s costs.

    Labor represents 80 percent of the agency’s expenses, compared with 53 percent at United Parcel Service and 32 percent at FedEx, its two biggest private competitors.

    Postal workers also receive more generous health benefits than most other federal employees.

    LET THAT SINK IN:

    Postal workers also receive more generous health benefit More..

    Posted Sep-5-2011 By 

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  • Unions and politicians have destroyed a once great institution!

    Sell the damn thing to some private investors and it will shine again!

    Better yet "Hey Warren Buffet, you bought all that BOA stock (in which you made a killing) Why not send some of that cash you wish we'd take from you via higher taxes and help out the USPS???????

    BTW I'll pull out my crystal ball and say this will be our Nations health care system in 20 years if ObamaCare isn't thrown into history's trash heap of bad ide More..

    Posted Sep-5-2011 By 

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  • "we have to do everything we can to preserve it and adapt"
    Why the fuck do we have to do that? This is typical bureaucratic thinking. "If it fails, we need to invest more heavily in the failure."

    Posted Sep-5-2011 By 

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  • Comment of user 'Moore Slayer' has been deleted by author (after account deletion)!
  • Fed Ex has the lowest cost compared to the Big 3.

    It's also not a Union company.

    Fed Ex is superior in every way!

    Posted Sep-5-2011 By 

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    • Comment of user 'Cheesehead' has been deleted by author (after account deletion)!
  • Ahhhh, they reap what they have sewn. They got greedy along with ebay raising prices, raising prices, raising prices and the ceos cashed out with huge sums of money. The ones left holding the empty bag? the buyers and sellers. They pushed it so far off the edge that now ebay has lost maybe 50-60% of what it used to sell. That's alot of packages that are now no longer going thru the post office. TY MEG WHITEMAN? CAN YOU SEE NOW WHY YOU LOST YOUR RACE FOR GOV. This is the end result of greedy ceo' More..

    Posted Sep-5-2011 By 

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    • @virtualdesires
      what are you talking about the retired workers are federal civil service theyll get paid til the whole federal govt collapses. how do i know this my dad worked for the post office. the new guys are going to get fucked though they arent under the old structure so they have 401k and the other new scams that are going to get treated like slush funds til the whole thing collapses

      Posted Sep-5-2011 By 

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  • to be fair to the post office they have to deliver mail to everyone in the us that includes everywhere that it is wildly impractical or expensive to ship mail at the same price so they lose tons of money doing that each year but they cant cut costs because that is mandated by law hell most of the post offices problems are created by congress

    Posted Sep-5-2011 By 

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  • So unions don't hurt American competitiveness? Well, of all sources to get info from...NPR!! Read it and weep as Toyota runs circles around GM in productivity and other areas.

    http://www.npr.org/news/specials/gmvstoyota/

    Posted Sep-5-2011 By 

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    • Comment of user 'Cheesehead' has been deleted by author (after account deletion)!
  • As much as unions have been destructive to American competitiveness in recent years, the problems at the USPS are much less the fault of unions and much more the fault of a shifting economy and burdensome expectations from the government and public. The post office still provides a service that is aimed at an economy 20 or 30 years old, before fax machines and then especially e-mail made paper mail largely obsolete. Anymore, people hardly send letters, and most paper mail is commercial bulk ma More..

    Posted Sep-5-2011 By 

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  • Comment of user 'rclark951' has been deleted by author (after account deletion)!
  • The Post Office in the UK is struggling big time with rapidly falling volumes, & fierce competition

    Posted Sep-5-2011 By 

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  • Comment of user 'Cheesehead' has been deleted by author (after account deletion)!
  • If it wasn't for unions, workers wouldn't have any rights at all.

    Posted Sep-5-2011 By 

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  • It's funny....unions never seemed to hurt the viability of the post office until the internet and email became commonplace.

    Posted Sep-5-2011 By 

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  • Comment of user 'Zardoz003' has been deleted by author (after account deletion)!
    • @Zardoz003

      Disagree. Union contracts are what drive unsustainable cost increases, not just at the USPS, but places like...say, GM and Chrysler.

      Posted Sep-5-2011 By 

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    • Comment of user 'Zardoz003' has been deleted by author (after account deletion)!
    • @Zardoz003

      You do understand, do you not, that the health care costs are determined by the coverages mandated by the union contracts?

      Strange indeed that companies like Toyota who manufacture in the US are thriving and they don't have union labor.

      Unions are driving up the costs in every private industry in which they are still entrenched, and they are a huge factor in state level budget problems...and this is well known.

      I don't care about the minimum wage. It's an unemployment policy. Peo More..

      Posted Sep-5-2011 By 

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    • @Zardoz003 Oh yeah, here's your "health insurance" comparison.

      http://www.npr.org/news/specials/gmvstoyota/

      Posted Sep-5-2011 By 

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  • Hooray for robber barons. Fuck the working man. The level of assholeishness is determined by how high their comment score is on LL.

    Posted Sep-5-2011 By 

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  • Ok, Lets blame the Unions....They established breaks, lunches, safe working conditions, PPE, regulated hours. If the Conservatives have it there way all this would go away.
    Its called COLLECTIVE BARGINING no one holds a gun to there head when they are negotiating, its give and take on both sides.
    Lets see, send your kid to work on his first job and let the owner pay him or her $5.00 an hour. Or work 12 to 14 hour shift with no breaks.
    Get a clue you Radical Right Wing Religion Pushing Idiots

    Posted Sep-5-2011 By 

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    • @jimdrunk

      Agreed

      Posted Sep-5-2011 By 

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    • @jimdrunk
      Labor laws don't allow for anything you said to actually happen. Maybe back in the 40's & 50's unions were needed but now days all they are is a way for lazy fucks like you and other liberals to skate through life with little to no effort!

      Get a clue you stupid fucking freeloading left wing piece of shit.

      Posted Sep-5-2011 By 

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    • @philfan4evr
      Nice attitude, douche. You must be a real fucking hero. Just a selfless, awesome guy. How many Medal of Honors have you received?

      Posted Sep-5-2011 By 

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    • @jimdrunk Maybe you need to Google United Auto Workers Union so you can see how a union can literally take down the entire auto maker known as GM. Wake up.

      Posted Sep-5-2011 By 

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    • @ihateyouall
      Yep, you’re the kind of shit my reply was directed to. Now go smack your mother for not aborting all of you because it’s painfully obvious the only thing she was able to yank out with the coat hanger was your brain!

      Posted Sep-5-2011 By 

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  • Seriously, everyone should be making minimum wage working slave hours with zero benefits. This is the American dream.

    Posted Sep-5-2011 By 

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    • Comment of user 'Moore Slayer' has been deleted by author (after account deletion)!
    • Comment of user 'AngryWhiteMan' has been deleted by author (after account deletion)!
    • Comment of user 'Cheesehead' has been deleted by author (after account deletion)!