Nationwide Post Office Closings Must ...

Nationwide Post Office Closings Must Stop

There are 286 comments on the Daily Kos story from Jun 27, 2011, titled Nationwide Post Office Closings Must Stop. In it, Daily Kos reports that:

The US Postal Service is on a tear, shutting down post offices right and left across the country.

Join the discussion below, or Read more at Daily Kos.

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typical govt operation

Clearlake, CA

#1 Jun 27, 2011
Now that the postal service has been sucked dry by pension costs and employee salaries/benefits, they must cut corners to survive.
Heck, our post office has a broken entry door that has been broken for quite a while.
Time to cut back the pensions/salaries/benefits, and fix the friggen door, or begin to outsource the snail mail to a successful business.

“Facts”

Since: May 08

Colima, Mexico

#2 Jun 28, 2011
typical govt operation wrote:
Now that the postal service has been sucked dry by pension costs and employee salaries/benefits, they must cut corners to survive.
Heck, our post office has a broken entry door that has been broken for quite a while.
Time to cut back the pensions/salaries/benefits, and fix the friggen door, or begin to outsource the snail mail to a successful business.
100% correct.......
ex-pert

Seattle, WA

#3 Jun 28, 2011
typical govt operation wrote:
Now that the postal service has been sucked dry by pension costs and employee salaries/benefits, they must cut corners to survive.
Heck, our post office has a broken entry door that has been broken for quite a while.
Time to cut back the pensions/salaries/benefits, and fix the friggen door, or begin to outsource the snail mail to a successful business.
What a crock. The U.S. Postal Service hopes Congress will deliver on the mail service's request to return as much as $82 billion it says it overpaid in pension contributions since 1972.

USPS officials said in congressional hearings that the postal system needs the money for a $5.5 billion retiree health prepayment mandate and to help offset a projected $8 billion in operating losses this year. They also would like to stop the overfunding of their pension plans once and for all.

Read more: http://www.pionline.com/article/20110627/PRIN...
Huh

Clearlake, CA

#4 Jun 28, 2011
ex-pert wrote:
<quoted text>What a crock. The U.S. Postal Service hopes Congress will deliver on the mail service's request to return as much as $82 billion it says it overpaid in pension contributions since 1972.
USPS officials said in congressional hearings that the postal system needs the money for a $5.5 billion retiree health prepayment mandate and to help offset a projected $8 billion in operating losses this year. They also would like to stop the overfunding of their pension plans once and for all.
Read more: http://www.pionline.com/article/20110627/PRIN...
Every government entity at every level is suffering the cost of outrageous government retiree pension/healthcare costs. The postal service is no exception. Public employee unions are ruining this nation, as we are ALL suffering the consequences of huge public employee campaign contributions to corrupt politicians.

Recent Studies
COMPARING PUBLIC AND PRIVATE EMPLOYEE COMPENSATION AND RETIREMENT BENEFITS IN CALIFORNIA
Stanford University: Local Unfunded Liability at $175 Billion (Nov. 2010)
Little Hoover Commission: Public Pensions for Retirement Security

http://www.fixpensionsfirst.com/
ex-pert

Seattle, WA

#5 Jun 28, 2011
Huh wrote:
<quoted text>
Every government entity at every level is suffering the cost of outrageous government retiree pension/healthcare costs. The postal service is no exception. Public employee unions are ruining this nation, as we are ALL suffering the consequences of huge public employee campaign contributions to corrupt politicians.
Recent Studies
COMPARING PUBLIC AND PRIVATE EMPLOYEE COMPENSATION AND RETIREMENT BENEFITS IN CALIFORNIA
Stanford University: Local Unfunded Liability at $175 Billion (Nov. 2010)
Little Hoover Commission: Public Pensions for Retirement Security
http://www.fixpensionsfirst.com/
What a crock. The Post Office is different and your article DIDN'T source them ! Try writing about something you understand. The PO has OVERPAID 82 BILLION in pension contributions !!!!!!!!

The U.S. Postal Service hopes Congress will deliver on the mail service's request to return as much as $82 billion it says it overpaid in pension contributions since 1972.

USPS officials said in congressional hearings that the postal system needs the money for a $5.5 billion retiree health prepayment mandate and to help offset a projected $8 billion in operating losses this year. They also would like to stop the overfunding of their pension plans once and for all.

Read more: http://www.pionline.com/article/20110627/PRIN ...
Huh

Clearlake, CA

#6 Jun 28, 2011
Broke: U.S. Postal Service Suspends Retirement Contributions

WASHINGTON (AP)— The financially troubled Postal Service is suspending its employer contribution to the Federal Employee Retirement System.

The agency said Wednesday it is acting to conserve cash as it continues to lose money. It was $8 billion in the red last year because of the combined effects of the recession and the switch of much mail business to the Internet. It faces the possibility of running short of money by the end of this fiscal year in September.........

The post office is also required to make an annual payment of more than $5 billion as an advance contribution to future retiree medical costs.

“Facts”

Since: May 08

Colima, Mexico

#7 Jun 28, 2011
Huh wrote:
Broke: U.S. Postal Service Suspends Retirement Contributions
WASHINGTON (AP)— The financially troubled Postal Service is suspending its employer contribution to the Federal Employee Retirement System.
The agency said Wednesday it is acting to conserve cash as it continues to lose money. It was $8 billion in the red last year because of the combined effects of the recession and the switch of much mail business to the Internet. It faces the possibility of running short of money by the end of this fiscal year in September.........
The post office is also required to make an annual payment of more than $5 billion as an advance contribution to future retiree medical costs.
I think you made that postal worker just about go postal……………….LOL

Too bad he is not smart enough to see that the post office has admitted many times that electronic billing and electronic mail has cut into its revenue………..
Huh

Clearlake, CA

#8 Jun 28, 2011
The Postal Service proposed the two cents rate hike for first class postage in July as part of a cost-savings plan to deal with losses that amounted to $3.8 billion last year. Postal officials say part of the problem is the move of many customers to digital communications. But they say the losses have been compounded by the recession.
Because the increase exceeded the inflation rate, the Postal Service needed the approval of the Postal Regulatory Commission, but the five-member panel said no -- unanimously -- on Thursday, the Associated Press reported. Ruth Goldway, chairwoman of the commission, said the increase had more to do with long-term structural problems at the Postal Service than with the recession.

"The case they needed to make, as far as we understand the law, is to relate the revenue they're requesting to the losses that were the impact of the recession," Goldway said. But the commission wasn't convinced postal officials had made that case.
ex-pert

Seattle, WA

#9 Jun 28, 2011
Huh wrote:
The Postal Service proposed the two cents rate hike for first class postage in July as part of a cost-savings plan to deal with losses that amounted to $3.8 billion last year. Postal officials say part of the problem is the move of many customers to digital communications. But they say the losses have been compounded by the recession.
Because the increase exceeded the inflation rate, the Postal Service needed the approval of the Postal Regulatory Commission, but the five-member panel said no -- unanimously -- on Thursday, the Associated Press reported. Ruth Goldway, chairwoman of the commission, said the increase had more to do with long-term structural problems at the Postal Service than with the recession.
"The case they needed to make, as far as we understand the law, is to relate the revenue they're requesting to the losses that were the impact of the recession," Goldway said. But the commission wasn't convinced postal officials had made that case.
Yet UPS & FedEx both raised their rates & charged gas surcharges and NO COMPLAINT ! What's up with that !? LMAO !
ex-pert

Seattle, WA

#10 Jun 28, 2011
What a crock. The U.S. Postal Service hopes Congress will deliver on the mail service's request to return as much as $82 billion it says it overpaid in pension contributions since 1972.

USPS officials said in congressional hearings that the postal system needs the money for a $5.5 billion retiree health prepayment mandate and to help offset a projected $8 billion in operating losses this year. They also would like to stop the overfunding of their pension plans once and for all.

Read more: http://www.pionline.com/article/20110627/PRIN ...

“Facts”

Since: May 08

Colima, Mexico

#11 Jun 28, 2011
ex-pert wrote:
What a crock. The U.S. Postal Service hopes Congress will deliver on the mail service's request to return as much as $82 billion it says it overpaid in pension contributions since 1972.
USPS officials said in congressional hearings that the postal system needs the money for a $5.5 billion retiree health prepayment mandate and to help offset a projected $8 billion in operating losses this year. They also would like to stop the overfunding of their pension plans once and for all.
Read more: http://www.pionline.com/article/20110627/PRIN ...
If they over paid for nearly for years and only over paid by 82 billion then that is around a 2 billion per year average and that will not cover the 8 billion they are in the hole this year………..LOL
ex-pert

Seattle, WA

#12 Jun 28, 2011
Here Is One wrote:
<quoted text>
If they over paid for nearly for years and only over paid by 82 billion then that is around a 2 billion per year average and that will not cover the 8 billion they are in the hole this year………..LOL
LOVE THE "ONLY $82 billion" !!! You're officially an IDIOT !
The US Postal Service filed its unaudited May financial results late yesterday, showing a loss of $1.3 billion for the month, most of it caused by Congressionally mandated “trust fund” payments and non-cash adjustments to the future value of workers comp liabilities.(Note: although the PMG has said the the USPS will be unable to actually hand over the trust fund payment in September, it still needs to recognize it as a monthly debit on its balance sheet).

Without Congress’s mandates, the USPS would show a loss for the month of $434 million, and for the year to date,$589 million. Without those mandates, the USPS would also be virtually debt free- but that would remove the “need” to place the service in receivership, as proposed by Republicans in Congress.

Gee, looks like the should be GOLDEN for at least 80 years and longer if interest is credited ! LMAOROTF !
Huh

Clearlake, CA

#13 Jun 29, 2011
ex-pert wrote:
<quoted text>LOVE THE "ONLY $82 billion" !!! You're officially an IDIOT !
The US Postal Service filed its unaudited May financial results late yesterday, showing a loss of $1.3 billion for the month, most of it caused by Congressionally mandated “trust fund” payments and non-cash adjustments to the future value of workers comp liabilities.(Note: although the PMG has said the the USPS will be unable to actually hand over the trust fund payment in September, it still needs to recognize it as a monthly debit on its balance sheet).
Without Congress’s mandates, the USPS would show a loss for the month of $434 million, and for the year to date,$589 million. Without those mandates, the USPS would also be virtually debt free- but that would remove the “need” to place the service in receivership, as proposed by Republicans in Congress.
Gee, looks like the should be GOLDEN for at least 80 years and longer if interest is credited ! LMAOROTF !
The choice remains. Either underfund the outrageous postal pension/healthcare benefits, or run the post offices with losses.

Typical government run operation. Give away the farm to public unions, and then ask the taxpayers to bail them out........just like California.
Greece has been doing it for decades. It isn't turning out very well.
ex-pert

Seattle, WA

#14 Jun 29, 2011
Huh wrote:
<quoted text>
The choice remains. Either underfund the outrageous postal pension/healthcare benefits, or run the post offices with losses.
Typical government run operation. Give away the farm to public unions, and then ask the taxpayers to bail them out........just like California.
Greece has been doing it for decades. It isn't turning out very well.
Love your definitions, you provide without facts. Then you "try" immediate rhetoric ! ALL postal workers, would trade ALL UPS workers pensions, in a second. You're just an anti-government union putz, who doesn't know/care, what he's writing about ! The typical PO pensioner gets 2x the percentage of their years. So, 30 years gets them 60% of their pay, minus deductions. Not an "outrageous" pension, by any stretch of YOUR imagination. Try again, but bring facts ! LMAOROTF !
ex-pert

Seattle, WA

#15 Jun 29, 2011
Here Is One wrote:
<quoted text>
I think you made that postal worker just about go postal……………….LOL
Too bad he is not smart enough to see that the post office has admitted many times that electronic billing and electronic mail has cut into its revenue………..
(it's)Too bad you defined your argument as "cut into it's revenue". Name a company that the economy has affected. What happened to your point ? Too bad you're not smart enough, to use contractions.........LMAOROTF !

“Facts”

Since: May 08

Colima, Mexico

#16 Jun 29, 2011
ex-pert wrote:
<quoted text>(it's)Too bad you defined your argument as "cut into it's revenue". Name a company that the economy has affected. What happened to your point ? Too bad you're not smart enough, to use contractions.........LMAOROTF !
I was simply repeating what the USPS has said many times…….

It was their words not mine…………LOL

“Facts”

Since: May 08

Colima, Mexico

#17 Jun 29, 2011
ex-pert wrote:
<quoted text>LOVE THE "ONLY $82 billion" !!! You're officially an IDIOT !
The US Postal Service filed its unaudited May financial results late yesterday, showing a loss of $1.3 billion for the month, most of it caused by Congressionally mandated “trust fund” payments and non-cash adjustments to the future value of workers comp liabilities.(Note: although the PMG has said the the USPS will be unable to actually hand over the trust fund payment in September, it still needs to recognize it as a monthly debit on its balance sheet).
Without Congress’s mandates, the USPS would show a loss for the month of $434 million, and for the year to date,$589 million. Without those mandates, the USPS would also be virtually debt free- but that would remove the “need” to place the service in receivership, as proposed by Republicans in Congress.
Gee, looks like the should be GOLDEN for at least 80 years and longer if interest is credited ! LMAOROTF !
That not what the USPS is saying…………

So who is the moron??......LOL
Huh

Clearlake, CA

#18 Jun 29, 2011
ex-pert wrote:
<quoted text>Love your definitions, you provide without facts. Then you "try" immediate rhetoric ! ALL postal workers, would trade ALL UPS workers pensions, in a second. You're just an anti-government union putz, who doesn't know/care, what he's writing about ! The typical PO pensioner gets 2x the percentage of their years. So, 30 years gets them 60% of their pay, minus deductions. Not an "outrageous" pension, by any stretch of YOUR imagination. Try again, but bring facts ! LMAOROTF !
Ya, ya, ya, and you are nothing more than a public union shill who is showing signs of "going postal".
The postal service is broke, and all of the money is going to employee pension/healthcare obligations. Enough said.
Huh

Clearlake, CA

#19 Jun 29, 2011
Here Is One wrote:
<quoted text>
I was simply repeating what the USPS has said many times…….
It was their words not mine…………LOL
I think pert-vert is Roadtoad's bro.
Try to hold onto/justify his gov't job/benefits.
ex-pert

Seattle, WA

#20 Jun 29, 2011
Huh wrote:
<quoted text>
I think pert-vert is Roadtoad's bro.
Try to hold onto/justify his gov't job/benefits.
Couple dummy, know nothing, bois. Get a room and fight over who gets top ! You could read the links, if you'd learned to read ! NEVERMIND ! LMAOROTF !

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