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(9 News)   Holy cow! USPS stuck with 682M unsold 'Simpsons' stamps   (9news.com) divider line 121
    More: Asinine, U.S. Postal Service, inspector generals  
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16076 clicks; posted to Main » on 21 Aug 2012 at 5:40 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



121 Comments   (+0 »)
   
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2012-08-21 01:47:34 PM  
You should hear about the amount of space they wasted in the post office because Homer refused to tip his mailman at Christmas
 
2012-08-21 01:50:02 PM  
Should have gone with Pogs.
 
2012-08-21 01:52:24 PM  
Maybe a half price sale is in order
 
2012-08-21 01:54:40 PM  
WASHINGTON - The U.S. Postal Service wasted $1.2 million in printing costs by selling less than a one-third of the 1 billion commemorative stamps of The Simpsons, Bloomberg news reports.

That's not very much for the USPS. Usually they like to target their waste numbers a little higher.
 
2012-08-21 01:54:43 PM  
I would have gone with a "D'oh", perhaps in a pun form such as "Guess how much D'oh the USPS wasted"
 
2012-08-21 01:54:51 PM  
How long was postage 44 cents? A week? Week and a half?
 
2012-08-21 01:55:23 PM  
I'd buy them along with the 1¢ stamp.
 
2012-08-21 01:57:52 PM  
Futurama would have sold better.
 
2012-08-21 02:07:27 PM  

beantowndog: Should have gone with Pogs.


I actually still have some Simpson Pogs kicking around here so I'm getting a real kick, etc.
 
2012-08-21 02:12:55 PM  

quatchi: beantowndog: Should have gone with Pogs.

I actually still have some Simpson Pogs kicking around here so I'm getting a real kick, etc.


Pfft, everyone knows the best Pogs were the Alf ones

/It's Alf! in Pog form
 
2012-08-21 02:26:46 PM  
Quick! Someone attach those stamps to collectable coins and on day time television!
 
2012-08-21 02:34:39 PM  
If they had included Barney, Mo, Burns, Hans Moleman, Comicbook Guy, Grandpa and Jasper they would have sold out.

Who wants a freakin' Maggie stamp?
 
2012-08-21 02:42:48 PM  
i36.photobucket.com
 
2012-08-21 03:00:05 PM  
No "¡Ay, caramba!" yet? Fark I is disapoint
 
2012-08-21 03:09:28 PM  
I only recently learned that stamps are now 45 cents.  I mail so rarely, that its hard to pay attention.  However, I've been mailing stuff for 44 cents all year.  Nothing ever got returned.
 
/not so CSB
 
2012-08-21 03:23:23 PM  

CommieTaoist: I would have gone with a "D'oh", perhaps in a pun form such as "Guess how much D'oh the USPS wasted"


I'll bet you always know what football coaches should have done.
 
2012-08-21 03:42:05 PM  

cman: No "¡Ay, caramba!" yet? Fark I is disapoint


I know!

I blame myself. And my inability to spell.
 
2012-08-21 03:43:03 PM  
wait - when did fark start allowing exclamation marks in the headline?
 
2012-08-21 03:51:17 PM  

FlashHarry: wait - when did fark start allowing exclamation marks in the headline?


Holy crap, I didn't even realize that. Nice catch.
 
2012-08-21 04:09:38 PM  
Just recycle them into "Family Guy" stamps a few years later.
 
2012-08-21 04:35:28 PM  

cretinbob: [i36.photobucket.com image 600x450]


*applause*
 
2012-08-21 04:41:09 PM  

scottydoesntknow: FlashHarry: wait - when did fark start allowing exclamation marks in the headline?

Holy crap, I didn't even realize that. Nice catch.


I think you can use them within a headline, just not at the end
 
2012-08-21 05:23:25 PM  
So just get Paul Anka to write a jingle and they'll fly off the shelves.
 
2012-08-21 05:42:40 PM  
Physical mail and The Simpsons -- two things that are way, way past their prime.
 
2012-08-21 05:42:54 PM  

Ghastly: So just get Paul Anka to write a jingle and they'll fly off the shelves.

Just don't lick?

 
2012-08-21 05:44:30 PM  

consider this: I cashed out my 401k and put it all in forever stamps.


media.tumblr.com
 
2012-08-21 05:44:40 PM  
Couldn't they get the 44 cent and just accept them as valid postage? Wouldn't that be better than throwing them away?

/it's an ad, still ain't gonna move
 
2012-08-21 05:44:49 PM  
What they need to do is sell the stamps for the 44 cents each and allow that postage to actually be valid.
 
2012-08-21 05:45:47 PM  
Simpsons did it!
 
2012-08-21 05:46:24 PM  
Junk ... junk ... the airplane's upside down ...

deadhomersociety.files.wordpress.com

/Stradi-who-vius?
 
2012-08-21 05:46:38 PM  
Ay caramba.The Simpsons don't have a holy cow, man.
 
2012-08-21 05:46:56 PM  
By the way, "Holy cow?" Shouldn't that somehow be more like "Don't have a cow?" Or even possibly "USPS forced to eat Bart's shorts" or... something actually related to the Simpsons?
 
2012-08-21 05:47:14 PM  

downstairs: I only recently learned that stamps are now 45 cents.  I mail so rarely, that its hard to pay attention.  However, I've been mailing stuff for 44 cents all year.  Nothing ever got returned.
 
/not so CSB


The technology mainly detects the presence of a stamp or not, not the denomination.
 
2012-08-21 05:48:10 PM  
How is something collectible if there's 1 billion of them?
 
2012-08-21 05:48:15 PM  
All collectible stamps should be printed as "forever" stamps, where they are good for first class postage regardless of what the price of stamps are today. I don't know why the post office bothers to print anything other than their "forever" stamps.
 
2012-08-21 05:48:25 PM  
It's a shame this money was wasted, and that the stamps passed expiration, and now cannot be sold. I guess they'll have to burn them, as now they have no value whatsoever.
 
2012-08-21 05:49:05 PM  
I bought one pack. Then they were gone. No more to be bought. Then got desperate and used them with one cent stamps.

I love the post office, but come on. Print commemorative stamps as forever stamps.
 
2012-08-21 05:50:52 PM  
I told them. I told the USPS they should print "Worker and Parasite" stamps instead.

But did they listen to me? No.
 
2012-08-21 05:50:58 PM  
So they release a stamp that isn't a Forever Stamp, which means the only people who are going to buy it are philatelists.

Then they're caught off guard when only philatelists buy it?

/only commenting so I can use the world "philatelist."
 
2012-08-21 05:51:13 PM  

theteacher: I bought one pack. Then they were gone. No more to be bought. Then got desperate and used them with one cent stamps.

I love the post office, but come on. Print commemorative stamps as forever stamps.


Yep.

We have Pixar forever stamps now.
/work at a pharmacy
//it has a contractual postal unit.
 
2012-08-21 05:52:07 PM  
The Simpsons? The Post Office is sure behind the times.

rlv.zcache.com
 
2012-08-21 05:52:21 PM  
"Holy Cow"? Have you even seen the Simpsons, submitter?
 
2012-08-21 05:52:36 PM  
USPS has been thwarted by idiot theoreticians. Ya need mail, sometimes, you wanna send stuff!

//req'd to over-fund
//pension liability
 
2012-08-21 05:54:01 PM  
I just mailed some bills the other day using Simpson stamps that I bought at the post office a few months ago. They look exactly the same as the ones in the article. I have no idea if they were $.44 or $.45 stamps. The bills didn't come back, so I guess that's a good sign?
 
2012-08-21 05:54:06 PM  
You would think that these would've sold out quickly.....15 years ago.
 
2012-08-21 05:54:24 PM  

Nezu Chiza: What they need to do is sell the stamps for the 44 cents each and allow that postage to actually be valid.


So the USPS can turn a $1.2 million loss into a $7 million loss?
 
2012-08-21 05:56:35 PM  
a team of R&D eggheads at the 3M Company worked with the USPS for 13 years to perfect the adhesive backed stamps.

/useless trivia is useless
 
2012-08-21 05:56:50 PM  
www.9news.com

I think if the cops searched you, this would be mistaken for an LSD blotter.
 
2012-08-21 05:57:41 PM  

largedon: You would think that these would've sold out quickly.....15 years ago.


Well, they are commemorative stamps, after all.
 
2012-08-21 05:57:52 PM  
The STUPIDEST thing the USPS ever got involved in was 1. Sponsoring Lance Armstrong (who in France is using the US Postal Service??) and 2. these stupid tie-in stamps. You KNOW the studios are wanting a significant cut for every stamp sold, and that reduces any real income the USPS would make.

Just get back to delivery the mail and selling stamps, get rid of the merchandizing crap, and maybe, just maybe, the USPS might get back in the black again.
 
2012-08-21 05:58:46 PM  
what are stamps?
 
2012-08-21 05:58:46 PM  
USPS needs to start making these collector stamps Forever stamps. Noone collects stamps and noone's going to buy a book of stamps for a fixed amount when the price will go up in a year or two anyway.
 
2012-08-21 05:59:36 PM  

WhippingBoy: "Holy Cow"? Have you even seen the Simpsons, submitter?


Blame the article's author, from whom the headline was blatantly stolen.
 
2012-08-21 06:01:14 PM  
Just sell them for 44 Cents like normal and let the public use them as Forever Stamps (Simpsons Stamps only) .
Would recoupe the printing costs.and still make a profit.
 
2012-08-21 06:03:41 PM  

ckevinc: Just sell them for 44 Cents like normal and let the public use them as Forever Stamps (Simpsons Stamps only) .
Would recoupe the printing costs.and still make a profit.


No it would not. You'd be spending $6.82 million to save $1.2 million.
 
2012-08-21 06:05:31 PM  

puppetmaster745: How is something collectible if there's 1 billion of them?



collectible doesn't necessarily mean valuable.  Or destined to be valuable.  People collect worthless stuff all the time.  I know a guy who collects pencil sharpeners.
 
2012-08-21 06:06:22 PM  
d'oh! i thought those would sell well!
 
2012-08-21 06:06:35 PM  
A government agency pissing away money foolishly? Stop the presses. They're just following the example set by Barack Hussein Obama, so I guess you can't really blame them.
 
2012-08-21 06:08:38 PM  
Ugly stamps are ugly.
 
2012-08-21 06:09:23 PM  
They'd make a lot more money off commemorative stamps for prostitution: $.47 for the stamp, and an additional $10.00 to lick it.

/ba-da-bump
//tip your waiter
 
2012-08-21 06:12:01 PM  
¡Ay Carumba! Thats alot of misspent d'oh.
 
2012-08-21 06:13:10 PM  

downstairs: I only recently learned that stamps are now 45 cents.  I mail so rarely, that its hard to pay attention.  However, I've been mailing stuff for 44 cents all year.  Nothing ever got returned.
 
/not so CSB


No shiat. I'm pretty sure I've mailed stuff with 44 cents worth of stamps (still working on a roll of 42 cent stamps I found in my house last year supplemented with 2 cent stamps). Heck, I just bought a sheet of 2 cent stamps a month or so ago. I guess I need to get some 1 cent stamps next time I'm in town.

I assume the post office (as a corporate entity) has realized that it's dumb to try to collect that extra penny and they loose far more than they collect by quibbling over individual pennies. It also costs more than a penny per stamp to print all those penny stamps, distribute them, and sell them. That's why they finally came up with the "forever" stamps. It's just cheaper to deliver at the old rate than go after 1-3 cents per transaction.
 
2012-08-21 06:20:21 PM  
I would have bought them? Where did they have them?!?!? My post office never has cool stamps, only stamps with stupid things like Elvis or Christmas stuff. Who cares?
 
2012-08-21 06:20:39 PM  
i would buy these stamps. Heck, I would buy ANY stamp I didn't have to stand in line for! This morning I went to the post office and was informed that because of a "management decision" the machine in the front was no longer selling booklets of first-class stamps. For those, I now have to stand in line.

WTF. If the USPS can't even make it convenient to buy STAMPS, how do they expect to stay in business?
 
2012-08-21 06:20:46 PM  
rookery.s3.amazonaws.com
 
2012-08-21 06:22:18 PM  
Nothing is forever. Not even The Simpsons.

Collecting anything has also lost it's allure in these times when people are quick to cry how creepy this and that is. Or when people are determined to have as few possessions as possible. Or both.
 
2012-08-21 06:23:04 PM  

TV's Vinnie: The STUPIDEST thing the USPS ever got involved in was 1. Sponsoring Lance Armstrong (who in France is using the US Postal Service??)


Ya know they do televise the Tour d France in the US... and he's in other promotions and races...
 
2012-08-21 06:23:58 PM  
I remember stamps! Sigh. Nostalgia. It's not what it used to be.
 
2012-08-21 06:26:46 PM  

austin_millbarge: TV's Vinnie: The STUPIDEST thing the USPS ever got involved in was 1. Sponsoring Lance Armstrong (who in France is using the US Postal Service??)

Ya know they do televise the Tour d France in the US... and he's in other promotions and races...



I can't stand Armstrong... but you can't argue that he's damn popular, and his fans will defend him to the death.
 
2012-08-21 06:29:59 PM  

Cheesus: ckevinc: Just sell them for 44 Cents like normal and let the public use them as Forever Stamps (Simpsons Stamps only) .
Would recoupe the printing costs.and still make a profit.

No it would not. You'd be spending $6.82 million to save $1.2 million.


ok
 
2012-08-21 06:32:19 PM  
So they produced something for less than an eighth of a cent, sold 318 million of them at more than 300 times that cost for roughly $140 million in total sales, and somehow managed to lose money?
 
2012-08-21 06:38:59 PM  

Cheesus: USPS needs to start making these collector stamps Forever stamps.


They did, like a year-and-a-half ago. The Simpsons stamps were among the very last 'current rate but not forever' stamps.

But, yeah, collecting shiat. It's over. The past. I've been slowly eBaying and Amazoning off piles of inherited detritus from my folks. On all of those packages, I'm using dozens of stamps from the 1950s-early 1990s. They're not worth *anything* over face value. Believe me on this. Not a cent over, and won't be. I've put at least $1000 in 20-year-old-plus stamps on packages over the last couple of years.

The sad part of that isn't just the 'opportunity cost' (knowing what investing that $1000 in an index fund 30 years ago would have done), it's knowing that my parents were paying 18% interest on at least $1000 in credit card debt over those 30 years. While holding stamps. That are worth *face value*.

Yeah. Fark collecting anything but bits. My eventual goal is to fit neatly into a very, very small apartment by the time I'm 65.
 
2012-08-21 06:40:45 PM  
It would help, the IG points out, if the postal service would limit its initial production, then print more as demand warrants.

Or you know, maybe put them in the machines in the PO lobby to be bought while the postage was still 44 cents? What does it matter what crap somebody is buying from there? It's postage.
 
2012-08-21 06:40:51 PM  

austin_millbarge: TV's Vinnie: The STUPIDEST thing the USPS ever got involved in was 1. Sponsoring Lance Armstrong (who in France is using the US Postal Service??)

Ya know they do televise the Tour d France in the US... and he's in other promotions and races...


Yeah, but only gaywads would watch that.
 
2012-08-21 06:41:38 PM  
Echoing what others here have already said... these commemorative stamps just need to be made forever stamps. I mail things so rarely nowadays that I only ever buy forever stamps....
 
2012-08-21 06:41:46 PM  

Hoopy Frood: So they produced something for less than an eighth of a cent, sold 318 million of them at more than 300 times that cost for roughly $140 million in total sales, and somehow managed to lose money?


perhaps they should have bought Big Mac sandwiches for the WHOLE office.
 
2012-08-21 06:44:42 PM  
They messed up.

D'oh!

/Obscure?
 
2012-08-21 06:49:57 PM  
Can you still buy them? How? Where?

You'll never make the money back if you don't sell them at all. Perhaps sell them at a discount of 1c/stamp.
 
2012-08-21 06:52:23 PM  
Holy cow??? holy cow? I think my mom submitted this.
 
2012-08-21 06:52:26 PM  

robbiex0r: Can you still buy them? How? Where?

You'll never make the money back if you don't sell them at all. Perhaps sell them at a discount of 1c/stamp.


The Internet!
 
2012-08-21 06:55:42 PM  

mod3072: I just mailed some bills the other day using Simpson stamps that I bought at the post office a few months ago. They look exactly the same as the ones in the article. I have no idea if they were $.44 or $.45 stamps. The bills didn't come back, so I guess that's a good sign?


I used to work in the remittance dept. of a Certain Major Utility, and they would pay a penny or 2 postage due to get your payment NOW.
/I'll probably get my lights turned off for telling you this-hope you appreciate it!
 
2012-08-21 07:09:01 PM  
I just used my last Lisa stamp last week.
 
2012-08-21 07:11:31 PM  

Rickj: All collectible stamps should be printed as "forever" stamps, where they are good for first class postage regardless of what the price of stamps are today. I don't know why the post office bothers to print anything other than their "forever" stamps.


As far as I know, all first class 1 oz. letter rate stamps are now forever stamps. They do need to keep other denomination stamps available for the people who wish to use up their old stamps and for the additional postage required for heavier pieces.
 
2012-08-21 07:11:42 PM  

GhettoWinter: I just used my last Lisa stamp last week.


i bet my wookie :)
 
2012-08-21 07:12:00 PM  
Solution to all the USPS's problems:
Beer stamps.
 
2012-08-21 07:15:11 PM  
Reminds me of one of the funniest stamps.

img842.imageshack.us

Selling stamps to random collectors is one of the sources of income for some little backwaters (systemically raping their children doesn't pay the bills apparently). Part of having a reasonably market to philatelists is keeping supply somewhat limited. I just love that this is one of the few things they had to commemorate.

Also, for bonus, my vote for the best stamp the USA ever issued.

img20.imageshack.us
 
2012-08-21 07:17:48 PM  
I wonder if Stampy had a stamp?
24.media.tumblr.com 
Aim for the big hose coming out of his face!
 
2012-08-21 07:18:28 PM  

Jimmysolson: Rickj: All collectible stamps should be printed as "forever" stamps, where they are good for first class postage regardless of what the price of stamps are today. I don't know why the post office bothers to print anything other than their "forever" stamps.

As far as I know, all first class 1 oz. letter rate stamps are now forever stamps. They do need to keep other denomination stamps available for the people who wish to use up their old stamps and for the additional postage required for heavier pieces.


Should have added ... on the end there.
 
2012-08-21 07:21:46 PM  
First class letter mail to Canada and Mexico is currently $0.85. Wait for it to go up 3 more cents and then sell these stamps in pairs.
 
2012-08-21 07:22:56 PM  
 
2012-08-21 07:29:17 PM  

DemDave: So they release a stamp that isn't a Forever Stamp, which means the only people who are going to buy it are philatelists.

Then they're caught off guard when only philatelists buy it?


I know, right?

Don't they know that philately will get you nowhere?
 
2012-08-21 08:05:17 PM  

scottydoesntknow: quatchi: beantowndog: Should have gone with Pogs.

I actually still have some Simpson Pogs kicking around here so I'm getting a real kick, etc.

Pfft, everyone knows the best Pogs were the Alf ones

/It's Alf! in Pog form


The Steve Allen Pog & I laugh at you.
 
2012-08-21 08:06:00 PM  
My god, the USPS's death rattle is lasting a really long time.
 
2012-08-21 08:21:30 PM  
Yet another in the rapidly growing pile of greenlit Copy-Paste headlines.

Between these growing more and more frequent and the Repeat tag, it's like Fark has given up even trying to respect its readers.
 
2012-08-21 08:28:46 PM  
Why would anyone use a stamp that's not a forever stamp when forever stamps are available for the same price?
 
2012-08-21 08:33:20 PM  

nytmare: Why would anyone use a stamp that's not a forever stamp when forever stamps are available for the same price?


because SIMPSONS..
 
2012-08-21 08:35:13 PM  

FlashHarry: wait - when did fark start allowing exclamation marks in the headline?


They don't since the filter strips them out. However, an admin can insert one post-submission.
 
2012-08-21 08:42:48 PM  
Simpsons Stamps? what year is it, 1999?
 
2012-08-21 08:43:42 PM  

redly1: Simpsons Stamps? what year is it, 1999?


i thought we stopped counting years after 1999 cause of that Arnold Schwarzenegger movie end of days.
 
2012-08-21 09:13:59 PM  
What?!? I loved them and bought them continuously until most of the post offices in my county sold out of them! Or at least they told me they sold out, those conniving bastiges.

Hell, I'd buy them NOW!
 
2012-08-21 09:29:33 PM  
Implode the USPS already.
 
2012-08-21 09:38:39 PM  
Commemorative Simpsons stamps? Welcome to 1990, USPS.
 
2012-08-21 09:53:18 PM  
trip-dealer.org

Glad to see the LSD blotters were mentioned.........carry on.
 
2012-08-21 10:32:54 PM  

jtown: downstairs: I only recently learned that stamps are now 45 cents.  I mail so rarely, that its hard to pay attention.  However, I've been mailing stuff for 44 cents all year.  Nothing ever got returned.
 
/not so CSB

No shiat. I'm pretty sure I've mailed stuff with 44 cents worth of stamps (still working on a roll of 42 cent stamps I found in my house last year supplemented with 2 cent stamps). Heck, I just bought a sheet of 2 cent stamps a month or so ago. I guess I need to get some 1 cent stamps next time I'm in town.

I assume the post office (as a corporate entity) has realized that it's dumb to try to collect that extra penny and they loose far more than they collect by quibbling over individual pennies. It also costs more than a penny per stamp to print all those penny stamps, distribute them, and sell them. That's why they finally came up with the "forever" stamps. It's just cheaper to deliver at the old rate than go after 1-3 cents per transaction.


actually they still deliver the mail, but try to stick the receiver for the difference in postage. I know this as my wife does a really dumb holiday "card exchange" with her online friends who can't seem to put the correct postage on the things. So we end up with the cards and a little envelope asking us to leave 13 cents (or whatever) to pay for the difference in postage. Since it is only a few cents I generally put it into the envelope and leave it there for the postman to pick up the next day, though I suppose there is really nothing he could do if I didn't (I like our postman though).
 
2012-08-21 10:36:49 PM  
Payday's tomorrow, and I have to go to the post office anyway. If they have any of these laying around, I'll buy some, and some 1-cent stamps too, to help out their little problem.
 
2012-08-21 10:45:29 PM  

Lawnchair: I've put at least $1000 in 20-year-old-plus stamps on packages over the last couple of years.


I'll buy some of your old stamps. Eip.
 
2012-08-21 11:04:17 PM  

SandMann: The Simpsons? The Post Office is sure behind the times.

[rlv.zcache.com image 152x152]

...yay,

 
2012-08-21 11:04:18 PM  
Maybe they wanted to lose money...another political reason to further privatize the post office.

Cause ONE BILLION stamps in the internet age? And TFA seemed to suggest that only 1 person was involved in choosing how many stamps to print.

Anybody know how many stamps a popular series has sold in a 2-year timeframe? Anywhere close to a billion?
 
2012-08-21 11:19:56 PM  

puppetmaster745: How is something collectible if there's 1 billion of them?


The idea is to buy something like 100 million for yourself.
 
2012-08-21 11:21:38 PM  
that's what those douches get.

I remember back in the day, a postal representative scoffed at even the thought of a bart simpson stamp.
Apparently, that was below their dignity. Now, they come out with it 10 years after people have stopped using stamps.

No wonder they lose money every year.
 
2012-08-21 11:23:39 PM  
The USPS squandered a golden opportunity when it did not issue 42c "Hitchhiker's Guide to the Galaxy" stamps.

They did not have to be "Forever" stamps, and people would have only bought them that way.
 
2012-08-21 11:24:04 PM  
Jiminy Jillikers!
 
2012-08-21 11:41:45 PM  
Now they'll never do their promised Welcome Back Kotter edition.
 
2012-08-22 12:10:50 AM  

Jon iz teh kewl: d'oh! i thought those would sell well!


But then again...you are an idiot.
We all know this.
 
2012-08-22 12:18:40 AM  

Disgruntled Goat: Yet another in the rapidly growing pile of greenlit Copy-Paste headlines.

Between these growing more and more frequent and the Repeat tag, it's like Fark has given up even trying to respect its readers.


What is keeping you from finding another site. Go! Be fruitfull! Multiply!
 
2012-08-22 06:52:55 AM  
Why would anyone be MAILING a "collectors stamp" in the first place? Why not just buy a regular ass stamp?

I could never figure this out with women and checks also... JUST GET THE damned CHEAP ONES! Why pay extra to pay?


Would you go buy a classic car just to see how many miles you could cram onto it?

Would you PLAY with an autographed Babe Ruth ball?

/shrug
 
2012-08-22 06:54:04 AM  

fusillade762: TV's Vinnie: Just get back to delivery the mail and selling stamps, get rid of the merchandizing crap, and maybe, just maybe, the USPS might get back in the black again.

Not gonna happen as long as congress requires them to pre-fund retirement funds for employees that haven't even been born yet.

Operationally speaking, the USPS nets profits every year. The financial problem it faces now comes from a 2006 Congressional mandate that requires the agency to "pre-pay" into a fund that covers health care costs for future retired employees. Under the mandate, the USPS is required to make an annual $5.5 billion payment over ten years, through 2016. These "prepayments" are largely responsible for the USPS's financial losses over the past four years and the threat of shutdown that looms ahead - take the retirement fund out of the equation, and the postal service would have actually netted $1 billion in profits over this period.


Also part of that bill requires that any surplus can not be used to pay down debt. In addition, the usps can only charge private shippers (fedex, ups) the bare bones cost to put their package on to their planes; the usps can not make a profit when letting its private competitors use their infrastructure.

Disgruntled Goat: Yet another in the rapidly growing pile of greenlit Copy-Paste headlines.

Between these growing more and more frequent and the Repeat tag, it's like Fark has given up even trying to respect its readers.


Hey now, this isn't gawker.

office_despot: i would buy these stamps. Heck, I would buy ANY stamp I didn't have to stand in line for! This morning I went to the post office and was informed that because of a "management decision" the machine in the front was no longer selling booklets of first-class stamps. For those, I now have to stand in line.

WTF. If the USPS can't even make it convenient to buy STAMPS, how do they expect to stay in business?


For the last decade or so, I haven't had to buy stamps because my bank's atms sold them. Now they are stopping that because they were bought out by some Canadians and they don't understand why people avoid the post office.

cretinbob: [i36.photobucket.com image 600x450]


Now that is what they should have sold. Even better if this was made into a 1 cent to sell out the rest of the inventory.

puppetmaster745: How is something collectible if there's 1 billion of them?


Because they are commemorative, not collectible.

SevenizGud: It's a shame this money was wasted, and that the stamps passed expiration, and now cannot be sold. I guess they'll have to burn them, as now they have no value whatsoever.


They could just sell them with a 1 cent stamp. If they are able to sell another 3 million, they break even.
 
2012-08-22 08:33:25 AM  

Choadzilla: Why would anyone be MAILING a "collectors stamp" in the first place?


I'm sure the Post Office would prefer that you not use the "collector's stamps". $0.44 cents revenue each, only costs about .17 cents each to make.
 
2012-08-22 09:07:49 AM  

cretinbob: [i36.photobucket.com image 600x450]


Good one.
 
2012-08-22 08:28:50 PM  
Placing a monetary value on a stamp is tantamount to printing currency. This should stop. All outstanding 1st class stamps should be re-classed as "forever" and, in the future, simply sell for the going rate at any given time. This way I can finally use up that big roll of .32 stamps I bought back in the day. The USPS has had my money, and now it's time for them to provide the delivery service I retained from them.
 
2012-08-24 03:23:10 PM  
I see the problem here: The original thread only got 17 posts.

/So much for interest.
 
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