Postal Service to cut Saturday mail to trim costs

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non-potent

Minneapolis, MN

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#83
Feb 7, 2013
 

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No money for the middle class! They shouldn't get a pension!

Since: Oct 08

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#85
Feb 7, 2013
 

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non-starter wrote:
Postal Service balks at pension funding requirement, others say it protects taxpayers
The U.S. Postal Service and its employee unions are chafing at requirements to pre-fund its retirement health care obligations. They argue that this squeezes the agency, while critics respond that to do otherwise will shift the burden to future taxpayers.
The Government Accounting Office recently released a report arguing that the Post Office should "prefund its retiree health benefit liabilities to the maximum extent that its finances permit.”
“To the extent short-term prefunding payments are postponed,” GAO wrote,“greater payments would be required later, supported by a smaller base of mail volume, with price caps further limiting revenue."
Good one Slew, the GAO says the pensions are not funded against future obligations that may not be met as revenue continues to fall. The pension isn't overfunded, it isn't even funded enough to cover future obligations.
What that little pissant azzwipt lied????? I am shocked!! I was right,,, KMA pissant!!!
non-starter

Burnsville, MN

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#86
Feb 7, 2013
 

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Niether of the Above wrote:
<quoted text>What that little pissant azzwipt lied????? I am shocked!! I was right,,, KMA pissant!!!
The slepid one just posted the union position paper, or a reasonable facsimile thereof.
Amused Slew

Seattle, WA

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#87
Feb 7, 2013
 

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Poor childish, broke, liar... LMNAOROFU~!

ACCEPT THE 6 month wager, stand behind YOUR WORDS ~!
non-starter

Burnsville, MN

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#88
Feb 7, 2013
 

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non-starter wrote:
Postal Service balks at pension funding requirement, others say it protects taxpayers
The U.S. Postal Service and its employee unions are chafing at requirements to pre-fund its retirement health care obligations. They argue that this squeezes the agency, while critics respond that to do otherwise will shift the burden to future taxpayers.
The Government Accounting Office recently released a report arguing that the Post Office should "prefund its retiree health benefit liabilities to the maximum extent that its finances permit.”
“To the extent short-term prefunding payments are postponed,” GAO wrote,“greater payments would be required later, supported by a smaller base of mail volume, with price caps further limiting revenue."
Good one Slew, the GAO says the pensions are not funded against future obligations that may not be met as revenue continues to fall. The pension isn't overfunded, it isn't even funded enough to cover future obligations.
Postal Service Reports Loss of $15 Billion

By RON NIXON

Published: November 15, 2012

WASHINGTON — The Postal Service on Thursday reported a record $15.9 billion net loss for the fiscal year that ended Sept. 30, bringing the financially troubled agency another step closer to insolvency.

The widely expected loss, more than triple the service’s loss last year, included accounting expenses of $11.1 billion related to two payments that the agency was supposed to make into its future retiree health benefits fund. But because of revenue losses, the post office was for the first time forced to default on these payments, which were due in August and October. Nearly $5 billion in other losses were because of a decline in revenue from mailing operations. The agency also reached its $15 billion borrowing limit from the Treasury.

http://www.nytimes.com/2012/11/16/us/politics...
Amused Slew

Seattle, WA

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#89
Feb 7, 2013
 

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non-potent wrote:
No money for the middle class! They shouldn't get a pension!
I offer the guy a 50K wager, he changes the wager and counters with $10-100 ?? Yeah, THAT guy is one SERIOUSLY BAD*SS MENSCH !??? LMAOROTFU~!

A force to be re-coned with ??? LMAOROTFU~!

Look at the loser chirp, chirp, chirp...

Hey loser, you said how long before Boeing flew a plane ???

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#90
Feb 7, 2013
 

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non-starter wrote:
<quoted text>All kids dream of being a mailman when they grow up. Boy, if you don't make to mailman and have to settle for surgeon, CEO, or CTO, you really failed.
What are the qualifications to work for the USPS again? Show up. Put mail in receptacles. Get some in the right receptacles. Repeat.
We have a BINGO!

Working at the Post Office is not what one would call a highly skilled job and should not be paid as if it was.

Privatize it. Dump the union. Cut the payroll. Cut the bloated benefits. Then it could be profitable.
Amused Slew

Seattle, WA

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#91
Feb 7, 2013
 

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Sure, pay PO workers the same as UPS, right ?? LMAOROTFU~!

Btw- Was the job you "lasted" 2 hours and 15 minutes a skilled job ??? Why did you run away, afraid of work, except to comment on other jobs you've never had ?
Amused Slew

Seattle, WA

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#92
Feb 7, 2013
 

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Smart Liberal wrote:
<quoted text>
We have a BINGO!
Working at the Post Office is not what one would call a highly skilled job and should not be paid as if it was.
Privatize it. Dump the union. Cut the payroll. Cut the bloated benefits. Then it could be profitable.
In your pretend world, you have 1/2 million workers ready to start tomorrow, right ?

I like trashyliar "logic", you can't set up an appointment at an ACTUAL Hertz location, with a month lead time....but you can comment on complicated companies, you have minimal knowledge about. Of course, I didn't say you comment intelligent, but the pretty collage helps....
Amused Slew

Minneapolis, MN

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#93
Feb 7, 2013
 

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Amused Slew wrote:
<quoted text>In your pretend world, you have 1/2 million workers ready to start tomorrow, right ?
I like trashyliar "logic", you can't set up an appointment at an ACTUAL Hertz location, with a month lead time....but you can comment on complicated companies, you have minimal knowledge about. Of course, I didn't say you comment intelligent, but the pretty collage helps....
Being delusional fits you well. The meds do help you function, but you will never be normal again. Poor Slewsie.
Amused Slew

Seattle, WA

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#94
Feb 8, 2013
 

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Poorcantgetitup troll coward ! LMAOROTFU~! Still trolling for guys, gay ?
Amused Slew

Seattle, WA

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#95
Feb 8, 2013
 

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Sure, pay PO workers the same as UPS, right ?? LMAOROTFU~!

Btw- Was the job you "lasted" 2 hours and 15 minutes a skilled job ??? Why did you run away, afraid of work, except to comment on other jobs you've never had ?

In your pretend world, you have 1/2 million workers ready to start tomorrow, right ?

I like trashyliar "logic", you can't set up an appointment at an ACTUAL Hertz location, with a month lead time....but you can comment on complicated companies, you have minimal knowledge about. Of course, I didn't say you comment intelligent, but the pretty collage helps....

Since: Oct 08

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#97
Feb 8, 2013
 

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Smart Liberal wrote:
<quoted text>
We have a BINGO!
Working at the Post Office is not what one would call a highly skilled job and should not be paid as if it was.
Privatize it. Dump the union. Cut the payroll. Cut the bloated benefits. Then it could be profitable.
While running at the club the other night, I was forced to watch Big Ed on MSNBC. He took jab after jab at the Republcans for forcing the Unionized PO to actually fund their own pension fund. How dare they!! I had to laugh, but no too loud with all the libs running around in Minny, but then I remembered, You all are supporting the MPLS Teachers pension fund, Those liberals never met a cause they couldn't support..... with Conservative's money!!
Amused Slew

Seattle, WA

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#99
Feb 8, 2013
 

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Niether of the Above wrote:
<quoted text>While running at the club the other night, I was forced to watch Big Ed on MSNBC. He took jab after jab at the Republcans for forcing the Unionized PO to actually fund their own pension fund. How dare they!! I had to laugh, but no too loud with all the libs running around in Minny, but then I remembered, You all are supporting the MPLS Teachers pension fund, Those liberals never met a cause they couldn't support..... with Conservative's money!!
They've funded it for people, THEY HAVEN'T hired, yet... Of course, you've missed reality....and misspelled Republican, moron.

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#100
Feb 8, 2013
 

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Niether of the Above wrote:
<quoted text>While running at the club the other night, I was forced to watch Big Ed on MSNBC. He took jab after jab at the Republcans for forcing the Unionized PO to actually fund their own pension fund. How dare they!! I had to laugh, but no too loud with all the libs running around in Minny, but then I remembered, You all are supporting the MPLS Teachers pension fund, Those liberals never met a cause they couldn't support..... with Conservative's money!!
We are paying for the Teacher's Pension Fund along with umteen other pension funds.

You gotta be kidding about Fad Eddie.

Don't you have a choice of channels on the treadmill? You want the name of my club so you can quit yours and join a one that believes in freedom of choice?
Amused Slew

Seattle, WA

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#101
Feb 8, 2013
 

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Sure, pay PO workers the same as UPS, right ?? LMAOROTFU~!

Btw- Was the job you "lasted" 2 hours and 15 minutes a skilled job ??? Why did you run away, afraid of work, except to comment on other jobs you've never had ?
slew is clueless

Jordan, MN

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#106
Feb 9, 2013
 
The post office shouldn't pay people more than they would get for similar labor in the private sector.
Amused Slew

Seattle, WA

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#107
Feb 9, 2013
 

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Sure, pay PO workers the same as UPS, right ?? LMAOROTFU~!

Btw- Was the job you "lasted" 2 hours and 15 minutes a skilled job ??? Why did you run away, afraid of work, except to comment on other jobs you've never had ?

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

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#109
Feb 9, 2013
 
Why don't all the Post Office employees go on strike and show America how it can't survive without the USPS?

It will be just like when the transit workers called a strike in the Twin Cities a few years back and everyone found out they did better without all the empty busses clogging up the freeways.

Do you think it would be possible to even know if the Post ofice employees are on strike? Could they do any less work then they do now?
Amused Slew

Seattle, WA

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#110
Feb 9, 2013
 
They have a arbitration clause in the contract and just finished arbitrating a new contract... Anyone "intelligent" would have a clue, OBVIOUSLY not you. Poor child....

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