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(CNN)   U.S. Postal Service is on the verge of default. Time to letter go, boys   (money.cnn.com) divider line 404
    More: Fail, U.S. Postal Service, long-term stability, courts, United States Public Debt  
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11166 clicks; posted to Main » on 01 Aug 2012 at 3:35 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-01 12:32:23 PM
postoffice.baumgarten.com
 
2012-08-01 12:56:17 PM
Kramer is vindicated.

Really, what is the post office useful for except greeting cards?
 
2012-08-01 01:06:28 PM
I have said it before, daily mail service to rural area is unnecessary. Any place the mail truck has to drive more than a quarter mile between mailboxes needs to be backed off to twice a week.
Heck, you could even cut back a couple days on most of the other areas as well. There is very little that the USPS carries in the general mail that cannot wait an extra day or to.
 
2012-08-01 01:08:59 PM

Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?


Only that the post office serves a lot of rual communities that commercial carriers wouldn't even service due to cost.
 
2012-08-01 01:42:10 PM
My friend has this big metal box built into the side of their house, and it has a metal door on the inside and one on the outside.

"What the heck is that for?" I asked him.

"Oh, that was for milk deliveries way back when." he said.
 
2012-08-01 01:42:17 PM
Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not. In 2006, when that rule was made, USPS was making a lot of money and could actually afford to do that. After the 2008 economic meltdown they couldn't make those payments but Congressional assholes want to get rid of the USPS and are still holding them to that rule.
 
2012-08-01 01:43:43 PM

Slives: I have said it before, daily mail service to rural area is unnecessary. Any place the mail truck has to drive more than a quarter mile between mailboxes needs to be backed off to twice a week.
Heck, you could even cut back a couple days on most of the other areas as well. There is very little that the USPS carries in the general mail that cannot wait an extra day or to.


If we simply did a cost benefit analysis, a lot of things would be 'unnecessary'. But I'd rather we have an expensive fully functional postal service than a gimped one that is slowly picked apart by vultures.
 
2012-08-01 02:00:09 PM
The USPS did not originate as a profit making entitiy it was a service our founding fathers (Ben Franklin for one) decided was necessary for a country to have.
 
2012-08-01 02:02:07 PM

Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?


2011 total pieces delivered:

Post Office - 168 billion (from usps.com)

United Parcel Service - 4 billion (from ups.com)
 
2012-08-01 02:11:52 PM
If its explicitly authorized in the Constitution, and begun by farking Ben Franklin, then it ought to be taxpayer funded into perpetuity with no problems. And pensions paid for 75 years into the future? Total bullshiat. No one else does that and its a stupid idea.
 
2012-08-01 02:14:25 PM

Lando Lincoln: "Oh, that was for milk deliveries way back when." he said.


img824.imageshack.us

Approves.
 
2012-08-01 02:20:12 PM

odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not. In 2006, when that rule was made, USPS was making a lot of money and could actually afford to do that. After the 2008 economic meltdown they couldn't make those payments but Congressional assholes want to get rid of the USPS and are still holding them to that rule.


this THIS more THIS!

but back to rural, sorry farmer joe, but you will have to drive to town to get your mail from a box.
TADA
you drive to town anyways, right? you certainly dont need your mail more often than you need to drive to town, do you??
retards
 
2012-08-01 02:22:06 PM

Somacandra: If its explicitly authorized in the Constitution, and begun by farking Ben Franklin, then it ought to be taxpayer funded into perpetuity with no problems. And pensions paid for 75 years into the future? Total bullshiat. No one else does that and its a stupid idea.


post offices and post roads (way to get the mail from one post office to the next)
nowhere does it include daily delivery to your house.
TADA
problem solved. reduce all rural service to ZERO. make them go pick it up at the post office.

TADA
we saved the post office and cut government waste in one east step???
 
2012-08-01 02:27:32 PM
Without last-minute help from Congress, the U.S. Postal Service is likely to default on a big bill due Wednesday to the federal government -- $5.5 billion to prepay health care benefits for retirees.

The bill also gave the Postal Service access to much needed cash: an $11 billion overpayment in the Federal Employees Retirement System.


They have already overpaid into that retirement system and don't need to add any more. It is funded already for decades to come. They are not broke, they are just dumbasses.
 
2012-08-01 02:57:28 PM

Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?


Passport photos, although I think a Facebook page should suffice.
 
2012-08-01 03:31:38 PM

give me doughnuts: Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?

2011 total pieces delivered:

Post Office - 168 billion (from usps.com)

United Parcel Service - 4 billion (from ups.com)


Yeah, but check your mail. How much of what you get from the USPS is relevant? For me its like 1 out of 100 pieces. All bills I can check and pay online. Tons of junk mail (a lot from places I have an account, like office depot... but its junk to me).

I think at this point, birthday cards are about the only think I open (and even they are irrelevant to me, but whatever, some people like sending them.)

So it really boils down to my one subscription to Mental Floss magazine (I happen to like reading that in print as compared to online for some reason.)

Compared to UPS/FedEx.... 100% of what I get from them is relevant. (generally something I ordered, or some important paperwork sent from my head office up north.)
 
2012-08-01 03:38:45 PM
Good thing we are trying to put government in charge of everything now, look how well it works!!

Wait.....

I suppose the USPS could buy a logo on a British soccer team uniform for 600,000,000 dollars like GM did. Problems solved.

Government sucks at running things. When will stupid liberals learn this?
 
2012-08-01 03:39:31 PM

odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not. In 2006, when that rule was made, USPS was making a lot of money and could actually afford to do that. After the 2008 economic meltdown they couldn't make those payments but Congressional assholes want to get rid of the USPS and are still holding them to that rule.


i235.photobucket.com
 
2012-08-01 03:40:04 PM
www.imageleech.net
 
2012-08-01 03:40:36 PM
Fact: UPS and FedEx use the Postal Service for some of their deliveries. They also use some of the same transport (planes). USPS does not charge you for fuel, the others do.
 
2012-08-01 03:40:49 PM
I would be fine with cutting my mail deliveries down to MWF.
 
2012-08-01 03:42:02 PM

Darth_Lukecash: Only that the post office serves a lot of rual communities that commercial carriers wouldn't even service due to cost.


RIGHT. People in cities have to pay more for everything and, on top of that, pay more in taxes to ship to the rural areas. Then, on top of that, we're supposed to fund a massive bureaucracy so rural communities can get a great deal on letters too? No. Enough is enough.
 
2012-08-01 03:42:17 PM

downstairs: give me doughnuts: Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?

2011 total pieces delivered:

Post Office - 168 billion (from usps.com)

United Parcel Service - 4 billion (from ups.com)

Yeah, but check your mail. How much of what you get from the USPS is relevant? For me its like 1 out of 100 pieces. All bills I can check and pay online. Tons of junk mail (a lot from places I have an account, like office depot... but its junk to me).

I think at this point, birthday cards are about the only think I open (and even they are irrelevant to me, but whatever, some people like sending them.)

So it really boils down to my one subscription to Mental Floss magazine (I happen to like reading that in print as compared to online for some reason.)

Compared to UPS/FedEx.... 100% of what I get from them is relevant. (generally something I ordered, or some important paperwork sent from my head office up north.)



How much more do you pay for each relevant piece?

WHile a good chunk of the mail I do get is junk, I also get a lot of important things. My health insurance card, once a year. Occasionally I have to mail at checks. Wedding invitiations, etc.

Until everyoen in the entire US has access to basic internet, for free, you are not going to be able to have a mail free society.
 
2012-08-01 03:42:42 PM
And to all the moron tea party asshats who scream down with the Post Service unconstitutional blarghhhh!!!!

Article 1, section 8, clause 7.
 
2012-08-01 03:43:52 PM
this headline gets my stamp of approval.
 
2012-08-01 03:44:00 PM

downstairs: give me doughnuts: Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?

2011 total pieces delivered:

Post Office - 168 billion (from usps.com)

United Parcel Service - 4 billion (from ups.com)

Yeah, but check your mail. How much of what you get from the USPS is relevant? For me its like 1 out of 100 pieces. All bills I can check and pay online. Tons of junk mail (a lot from places I have an account, like office depot... but its junk to me).

I think at this point, birthday cards are about the only think I open (and even they are irrelevant to me, but whatever, some people like sending them.)

So it really boils down to my one subscription to Mental Floss magazine (I happen to like reading that in print as compared to online for some reason.)

Compared to UPS/FedEx.... 100% of what I get from them is relevant. (generally something I ordered, or some important paperwork sent from my head office up north.)



You're aware that you are not the only user, right?
 
2012-08-01 03:44:02 PM

odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not. In 2006, when that rule was made, USPS was making a lot of money and could actually afford to do that. After the 2008 economic meltdown they couldn't make those payments but Congressional assholes want to get rid of the USPS and are still holding them to that rule.


Unfortunately this thread is going to derp things up rather than pay attention to reality. Reality is boring.
 
2012-08-01 03:45:28 PM

Thunderpipes: Good thing we are trying to put government in charge of everything now, look how well it works!!

Wait.....

I suppose the USPS could buy a logo on a British soccer team uniform for 600,000,000 dollars like GM did. Problems solved.

Government sucks at running things. When will stupid liberals learn this?


The USPS is working great. It's Congress that adds weird restrictions until it's killing the post office.

Let the USPS set their own rates and handle their own pension donations, and they'll do better than UPS or Fedex. Which may be the problem.
 
2012-08-01 03:45:34 PM
The U.S. Postal Service is mandated in the constitution just like the military. The military isn't supposed to turn a profit so why is the Post Office? Both are there to provide a service, not turn a profit.
 
2012-08-01 03:45:39 PM
MWF at my house
TTS at the PO if I need to pick something up.

/those little pink slips are a PITA
//you can't get it the same day
 
2012-08-01 03:45:40 PM

odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not.


That's the immediate problem. A secondary contributing factor is that rates are not actually something the USPS is allowed to set. Those are set by a political-appointee rate board who is not allowed to consider anything but the normally understated CPI inflation number (the USPS buys a whole lot of gasoline which has gone up by more than CPI inflation). 45 US cents won't mail a domestic letter in Mexico, Turkey, or Chile. Stamps are over a dollar US in much of Europe. If the USPS raised rates substantially, mailing volumes would drop a lot and they'd have to lay off a lot more people. But, when you're losing money on every item, 'making it up in volume' is usually a poor business strategy.
 
2012-08-01 03:45:42 PM

Thunderpipes: Government sucks at running things.


imagemacros.files.wordpress.com

I'd like to see how FedEx does when they're mandated by congress to fund pensions for employees who aren't even born yet.
 
2012-08-01 03:46:26 PM

heavymetal: The U.S. Postal Service is mandated in the constitution just like the military. The military isn't supposed to turn a profit so why is the Post Office? Both are there to provide a service, not turn a profit.


Y U B Logic here on fark?
 
2012-08-01 03:46:28 PM

Darth_Lukecash: Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?

Only that the post office serves a lot of rual communities that commercial carriers wouldn't even service due to cost.


And the commercial carriers contract their parcels to USPS for the rural deliveries.

And as a small business dude, when we actually have to send out a hard copy our product (reports and/or labels), we use USPS because it is cheapest.
 
2012-08-01 03:46:42 PM

Mr. Cat Poop: I would be fine with cutting my mail deliveries down to MWF.




Ditto. I'm lucky if I check my mailbox that many times in a week.
 
2012-08-01 03:46:44 PM

Somacandra: Lando Lincoln: "Oh, that was for milk deliveries way back when." he said.

[img824.imageshack.us image 342x335]

Approves.


Around the corner fudge is made.

profile.ak.fbcdn.net
 
2012-08-01 03:47:32 PM
"While default would be a first for the Postal Service and a sign of how deep its problems are, it's largely symbolic."

Which means it isn't really news, but CNN doesn't let that stop them. And Congress will authorize a special appropriation so that they can pay themselves what they don't really owe themselves. This is nothing more than an accounting issue.
 
2012-08-01 03:47:48 PM

Mugato: Kramer is vindicated.

Really, what is the post office useful for except greeting cards?


Single handedly supporting a trillion dollar industry. It is like your ignorance knows no bounds, but what can you expect of an American?
 
2012-08-01 03:47:57 PM
Default on their ridiculous retirement packages, sure. Let that go.

You don't need 50% of your salary for the rest of your life, plus Social Security, just for walking around with a bag for a living. It's not an appropriate reward.

Defund retirement.
 
2012-08-01 03:48:00 PM

odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not. In 2006, when that rule was made, USPS was making a lot of money and could actually afford to do that. After the 2008 economic meltdown they couldn't make those payments but Congressional assholes want to get rid of the USPS and are still holding them to that rule.


For some ungodly reason, Congress keeps renaming local Post offices. Some might say, congressional members are collecting souvenirs from their kills,panties aren't enough for these thugs.
 
2012-08-01 03:48:50 PM

heavymetal: The U.S. Postal Service is mandated in the constitution just like the military. The military isn't supposed to turn a profit so why is the Post Office? Both are there to provide a service, not turn a profit.


The military provides plenty of profit, just ask Haliburton.
 
2012-08-01 03:49:25 PM

heavymetal: The U.S. Postal Service is mandated in the constitution just like the military. The military isn't supposed to turn a profit so why is the Post Office? Both are there to provide a service, not turn a profit.


NO EVERYTHING MUST BE PROFIT EVEN HOSPITALS AND SCHOOLS BWAAAR CAPITALISM AND FURTHERMORE,
 
2012-08-01 03:49:27 PM

The Jami Turman Fan Club: Thunderpipes: Good thing we are trying to put government in charge of everything now, look how well it works!!

Wait.....

I suppose the USPS could buy a logo on a British soccer team uniform for 600,000,000 dollars like GM did. Problems solved.

Government sucks at running things. When will stupid liberals learn this?

The USPS is working great. It's Congress that adds weird restrictions until it's killing the post office.

Let the USPS set their own rates and handle their own pension donations, and they'll do better than UPS or Fedex. Which may be the problem.


Umm, you are aware the USPS can never change their pension problems, right? Just like the states, government pensions are sacred and no matter how fiscally stupid they are and how unsustainable, we all have to eat the cost.

Pensions kill everything. My mother is a retired US postal worker in CA, go figure.
 
2012-08-01 03:49:30 PM
Infrastructure.
 
2012-08-01 03:49:44 PM

odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not. In 2006, when that rule was made, USPS was making a lot of money and could actually afford to do that. After the 2008 economic meltdown they couldn't make those payments but Congressional assholes want to get rid of the USPS and are still holding them to that rule.


Yes, in fact the USPS has actually been the one govt agency consistently turning a PROFIT.

I don't know what's up with the "prefunding" mandate; it's not standard accounting.

My theory is some politician wants it to go "bankrupt" so they can kill it, and suddenly there's a huge fund of $ with no obligations. They're being ordered to stockpile a whole lot of sweet sweet cake. I don't know who's planning to EAT that cake. Maybe UPS wants to buy the bankrupt USPS and inherit a fund they can pillage once free of govt mandates for its usage, or maybe a politician intends to dissolve USPS and use the fund to go to war with Norway. I have no idea.
 
2012-08-01 03:50:20 PM
I'm one of those rural folks. I could do without the daily deliveries very easily. In fact, it would help me since the farking route driver wouldn't be turning around in my yard, rutting up the grass, or "forgetting" to shut the mailbox door (especially after I complained to the postmaster about the rutted yard) so that what mail I do get, is blown all over the driveway by the wind.

Hell, I even get my stamps from WalMart, since the folks at the Post Office are so farking rude. Ever since Congress started treating the PO as a "jobs for the boys" program with various set-asides for the usual suspects, the quality of service has fallen to the point that I actually walked into the new FexEx downtown and shook the hand of the guy behind the counter.

No skin off my back if they go under.
 
2012-08-01 03:50:26 PM

Lawnchair: odinsposse: Do I have to start it? Okay. I'll start it.

The only reason the USPS is in financial trouble now if because of a Congressional decision saying they have to put pay the funds for pensions for the next 75 years. So, the current pensions are paid for but the pensions for postal workers who haven't been born yet are not.

That's the immediate problem. A secondary contributing factor is that rates are not actually something the USPS is allowed to set. Those are set by a political-appointee rate board who is not allowed to consider anything but the normally understated CPI inflation number (the USPS buys a whole lot of gasoline which has gone up by more than CPI inflation). 45 US cents won't mail a domestic letter in Mexico, Turkey, or Chile. Stamps are over a dollar US in much of Europe. If the USPS raised rates substantially, mailing volumes would drop a lot and they'd have to lay off a lot more people. But, when you're losing money on every item, 'making it up in volume' is usually a poor business strategy.


Good thing that the USPS is not a business, then.
 
2012-08-01 03:50:44 PM
They should just fully privatize it and stop with the congressional mandates. I'm sure it'll do fine. Also, stop enforcing its monopoly on first class mail delivery. You know, be more like those socialists in Sweden, Germany, and New Zealand and allow competition in the market.
 
2012-08-01 03:51:50 PM
Oh goody, this one again.

Let's see, I sell on ebay and send 100% of the packages via USPS - have only had I think a handful in the US not show up in a timely fashion so far, and one was the fault of a mail room. International packages also have a pretty good track record. My business would have failed in months without the cheaper shipping from USPS.

Also I lived on a farm for two years, and guess what, did a lot of mail-order shopping because I had little reason to go into town more than once a week, usually. Most of what I buy that way isn't available in town either. 'City' of ~14k, severely lacking in variety of stores. I moved into said town because of other reasons, but still buy a lot of stuff from Amazon that you just can't find here.

Lastly (for now) the USPS took my fedex package the rest of the way (about 10 miles) to that farm.

I like the USPS, I want it to stay, and if they have to sell ads on the vans to meet these mandates, I'm ok with that.
 
2012-08-01 03:53:03 PM

ZzeusS: Default on their ridiculous retirement packages, sure. Let that go.

You don't need 50% of your salary for the rest of your life, plus Social Security, just for walking around with a bag for a living. It's not an appropriate reward.

Defund retirement.


Translation: I don't get any pension so nobody else should either.
 
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