Guest
05-09-2012, 04:22 PM
...to achieve fiscal reform, to actually begin to reduce government spending?
Zilch. Nada. Zero.
The U.S. Postal Service going bankrupt in a hurry. As a business they won't have enough money to pay their employees or their creditors within less than a year. They can't go out of business...they can't declare bankruptcy...they can't raise their prices. Congress must approve any of those actions. Their only hope for survival is for the Congress of the U.S. to give them more money. And Congress gets the money from us...or borrows it from China.
But even the U.S.P.S. bureaucrats realized that simply asking for a handout wouldn't work. They had to have some sort of plan. They came up with a couple, when combined would stem the financial bleeding of the postal business. They would reduce the number of days that they would deliver mail each week and they would shut down 3,700 mostly rural post offices that were lightly used and probably unneeded, laying off the 100,000 or so postal employees that work in them. Those plans would at least limit the amount that their postal business would have to be subsidized by the taxpayers.
So what did Congress decide to do? I guess I should say what did the Senate decide to do? Nothing! No rural post offices will be closed; no postal workers laid off; no change in the number of days that deliveries will be made. Congress will continue to "study" the problem.
And we'll continue to foot the bill. Like the Super Committee, Congress whiffed again. Like my little tag line says below...let's throw 'em all out and start over. [I]NEVER vote for an incumbent!
Zilch. Nada. Zero.
The U.S. Postal Service going bankrupt in a hurry. As a business they won't have enough money to pay their employees or their creditors within less than a year. They can't go out of business...they can't declare bankruptcy...they can't raise their prices. Congress must approve any of those actions. Their only hope for survival is for the Congress of the U.S. to give them more money. And Congress gets the money from us...or borrows it from China.
But even the U.S.P.S. bureaucrats realized that simply asking for a handout wouldn't work. They had to have some sort of plan. They came up with a couple, when combined would stem the financial bleeding of the postal business. They would reduce the number of days that they would deliver mail each week and they would shut down 3,700 mostly rural post offices that were lightly used and probably unneeded, laying off the 100,000 or so postal employees that work in them. Those plans would at least limit the amount that their postal business would have to be subsidized by the taxpayers.
So what did Congress decide to do? I guess I should say what did the Senate decide to do? Nothing! No rural post offices will be closed; no postal workers laid off; no change in the number of days that deliveries will be made. Congress will continue to "study" the problem.
And we'll continue to foot the bill. Like the Super Committee, Congress whiffed again. Like my little tag line says below...let's throw 'em all out and start over. [I]NEVER vote for an incumbent!