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Post Info TOPIC: Postal Service slides deeper into the red
SELLC


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Postal Service slides deeper into the red
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And to think this is the road that our healthcare will travel.

WASHINGTON The Postal Service was $3.5 billion in the red for the third quarter and may not be able to make a required payment for future retiree health benefits, the agency said Thursday.

Losses for the April through June quarter were $1.1 billion more than the post office lost in the same period a year ago.

The post office has been rocked by declining mail volume as people and businesses continue switching to the Internet in place of letters and paper bills.

"Given current trends, we will not be able to pay all 2011 obligations," Joseph R. Corbett, the Postal Service's chief financial officer, said in a statement.

"Despite ongoing aggressive cost reductions totaling over $10 billion in the last three years, it is clear that a liquidity problem is looming and must be addressed through fundamental changes requiring legislation and changes to contracts," he said.

http://www.msnbc.msn.com/id/38574968/ns/business-us_business/?GT1=43001

Yea Socialisim!



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PowerStroker


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Good thing the healthcare reform is going to save us money because now it's time to bail out the post office.

We may need to raise your taxes Rex, but you seem like a guy willing to take one for the team.

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PowerStroker wrote:

Good thing the healthcare reform is going to save us money because now it's time to bail out the post office.

We may need to raise your taxes Rex, but you seem like a guy willing to take one for the team.

What kind of bullshit is this you speak? Are you out of your got damn mind?

I haven't gotten or applied for any fucking BAIL OUT or Stimulus money.

What I see is a bureaucracy freight train leading the nation down faster than an elevator to hell! The only people making money are having to pay it out in over mortgaged homes, the others are squandering it about to loose their home, and the people with sheer liquidity sure as hell isn't making any long term investments into job making industry.

I am all for helping people get back on their feet... Hell, I myself keep dedicated to getting solid footing. But what ever happened to paying the fucking money back? I literally FIGHT day to day in an effort to make good on my promises and it totally pisses me off to see some fucker getting a free ride walking around with some holier than now attitude knowing they are fucking freeloading.

ALL THESE FUCKERS NEED TO REPAY WHAT THEY HAVE TAKEN. NO FREE FUCKING RIDES.

Fuck you and your "Well it's time to bail out (Insert any government run business here". While I think the USPS has come a long way in terms of flat rate shipping and online labels, they still act like arrogant ass holes at the counter. Hey fuckers! My business may owe some debt and service but it's no-where near 3.5 Billion dollars! Nor am I able to sap suck the American public for hand outs to make good on them.

Total fucking bullshit. Who is going to bail out the USA when were all paying 50-60% of our incomes in taxes and bureaucracy. Let's see how well that theroy of "Too big to fail" holds water when we struggle to cover just the interest on these loans.

 



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So if the entire government were on the brink of bankrupcy, would you be willing to help them out financially?

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See that is your problem PowerStroker...

The Government does appear to be on the brink of Bankrupsy. At the rate they are spending we as a nation WILL NOT be able to help.

Please take the current debt and divide it by the amount of Americans over 18 whom are able to work and you will see.

Now take that national debt and divide it by the amout of citizens in the United states, both new born to the old. That will be the dollar amount our government is placing on our heads.

When the government spends more than we can pay, whats left? Blood?



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We can always sell Michigan to Somalia... Then you would be truly a citizen of paradise with no government and no taxes.

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PowerStroker wrote:

We can always sell Michigan to Somalia... Then you would be truly a citizen of paradise with no government and no taxes.


Don't worry, by the time Owebama and the Dumbocrats are done the whole country will be for sale... Oh wait... I mean re-possessed.

 



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