Seattle, WA

#1 Mar 30, 2013
In December 2006, H.R. 6407: The Postal Accountability and Enhancement Act was passed in the Republican-controlled Senate two days after it was introduced in the Republican-controlled House. George W. Bush subsequently signed it into law.

One of the provisions in this hastily passed law requires the USPS to prefund ALL of its retirees health benefits 75 years into the future!!!

That's right. The USPS is supposed to set aside money for the future health benefits for people that haven't even been born yet. The USPS had $11.5 billion due in two payments on August 1 and September 30 on 2012. On August 1 the Postmaster General announced that USPS could not make its payment.

So the USPS has had to close Post Offices and lay of postal workers and do all kinds of inconvenient cuts so it could prefund 75 years of benefits!! No business could survive that.

The GOPTea are big on privatizing. They want to privatize the Post Office, privatize Social Security, privatize education, privatize prisons, etc.

But keep in mind, that if in 2005, GWB, Paul Ryan and the GOPTea had their way and privatized Social Security, thereby investing the multi-trillion dollar Social Security trust fund on Wall Street, then come the Wall Street crash and economic meltdown of 2008, Social Security would now no longer exist.

The U.S. Government serves many wonderful purposes and the USPS is one of them, Social Security is another. But the GOPTea dismantled the poor USPS before anyone could do anything about it. Makes me so sad. I live in a tiny town and the little Post Office is practically a meeting place for everyone, as well as being essential to each of us.

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