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Apr 23, 2012 | Posted by: roboblogger
Lawmakers will fight to save post offices and other U.S. Postal Service facilities from closure as the Senate gears up to vote on amendments to a bill to overhaul the struggling mail agency.
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Judged: 2 1 1 The post office wouldn't be in such a mess, if republicans didn't demand they fund their pension for the next 75 years and collect the total amount in 10. It is true that USPS is facing fiscal challenges — it lost nearly $20 billion over the last four years and is at risk of not being able to meet a $5.5 billion mandated payment to the Treasury at the end of this month (which has been put off six weeks thanks to the last continuing resolution in Congress). But what has been lost in the political debate over the Post Office is why it is losing this money. Major media coverage points to the rise of email or Internet services and the inefficiency of the post model as the major culprits. While these factors may cause some fiscal pain, almost all of the postal service’s losses over the last four years can be traced back to a single, artificial restriction forced onto the Post Office by the Republican-led Congress in 2006. At the very end of that year, Congress passed the Postal Accountability and Enhancement Act of 2006 (PAEA). Under PAEA, USPS was forced to “prefund its future health care benefit payments to retirees for the next 75 years in an astonishing ten-year time span”— meaning that it had to put aside billions of dollars to pay for the health benefits of employees it hasn’t even hired yet, something “that no other government or private corporation is required to do.” |
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Judged: 2 1 1 It's their own fault. Shorts with black socks? Really? Nobody takes them seriously. |
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Judged: 2 1 1 So you're a postal employee who feeds on the wang of tax dollars and yet you slobber. |
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UPS's brown socks are better? |
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Judged: 3 2 2 Poor misinformed teabagger, despite what FOX or Limbaughtomy told you. USPS doesn't use taxpayer money. |
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United States |
Judged: 1 1 1 democrats=let's keep postal system |
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“the left is lost” Since: Aug 08
usa |
Judged: 2 1 1 and WHO'S money will be used to bail them out? moron. |
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Judged: 1 1 1 I cant prove this but do know it is fact...(have a family member who works where they do know would get fired and KILLED if gave proof). |
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“Truth to Power!” Since: Apr 07
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Hey you stupid TWIT, You're already Paying $20 to mail that letter because the USPS has Borrowed over $13 BILLION from us to run their business into the ground. YOU are one Dumb Mofo. Why are progressives so flowking Stupid? |
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“Truth to Power!” Since: Apr 07
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Judged: 1 1 1 No More BORROWING for the USPS. It must learn to stand on its own 2 feet or DIE. There's plenty of other carriers that would pick up the business and new ones would pop up if the USPS DIES. Time to move on from another BAD GOVERNMENT ENTITY. |
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“Truth to Power!” Since: Apr 07
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Judged: 1 1 1 "FED EX and UPS are doing fine. It's the US Post Office that's havin' trouble. Huh, Huh, Huh." - Barack Hussein Obama http://www.realclearpolitics.com/video/2009/0... |
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“Truth to Power!” Since: Apr 07
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Judged: 1 1 1 August 11, 2009 Obama: The Post Office Is "Always Having Problems" President Obama at his Tuesday town hall: "UPS and FedEx are doing just fine. It's the Post Office that's always having problems." http://www.realclearpolitics.com/video/2009/0... |
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“Headed toward the cliff” Since: Nov 07
Tawas City, Michigan |
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Since: Oct 08
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I went into a post office recently and asked if they had any stamps with pictures of white guys on them, they said no...I hadda settle for Elvis
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Since: Sep 08
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Judged: 2 2 2 There aren't any 'private' carries. There are corporate carriers. Where in the constitution does it call for corporate carrier. Clause 7: To establish Post Offices and post Roads; What corporate carrier is going to relieved a 1 oz letter, bill, payment, to Bumfuck,ID or Jerkwater MT for less than than $1? |
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Since: Sep 08
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Judged: 2 2 2 The {President should have added: And that's ONLY because of the Post Office Destruction law passed in 2006 that mandated the retirement funds for employees not even yet hired to be funded. that RepubliCON mandate has caused the Post Office from being a break-even operation to one now incumbered by a debt to a Trust Fund that the RepubliCONs will hope to raid in the future. |
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Who's saying they need or are ever going to need a bailout. If the congress hasn't already spent it They have been paying congress $5.5 billion a year since 2007. |
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