

Postmaster General Patrick Donahoe  (Source:












Source: Yahoo News

Comments     Threshold


USPS missed the boat
By One43637 on 12/5/2011 1:44:07 PM , Rating: -1
10 years ago, if USPS gave each US citizen it's own free email address, they could have sold ad banners and not be in the financial sink hole they are in now.

RE: USPS missed the boat
By abscode on 12/5/2011 2:26:19 PM , Rating: 5

RE: USPS missed the boat
By FITCamaro on 12/5/2011 3:09:40 PM , Rating: 1
So your argument is that its a bad thing for them to insure they have enough money to pay for their lavish retirement benefits? Would you rather they kick paying for those things down the road like the rest of the government, ultimately resulting in tax payers bailing it out when they can't afford the benefits?

Exactly what will happen in coming years to Social Security and federal pension systems. Far too high of benefits without enough being contributed both by the government and the employees themselves to pay for them.

RE: USPS missed the boat
By Stuka on 12/5/2011 3:31:37 PM , Rating: 3
Why should 20000 employees have full retirement benefits at the expense of 2000 employees who are now jobless? Those numbers are not accurate, but the point is. All unions have fought for exorbitant benefits for themselves knowing that the cost is some of their buddies have no job at all, and in the long run, possibly no company at all. See: UAW; they have strangulated the auto industry to the point of the government bailing them out with taxpayer money. So, in essence, Uncle Sam paid UAW pensions with MY social security money. Why can't the USPS have a 401k plan like every other non-trade business in the country?? Why must they have full retirement benefits??

RE: USPS missed the boat
By Motoman on 12/5/2011 7:04:52 PM , Rating: 1
I think the better question is why government workers have any pension plans outside of social security anyway.

RE: USPS missed the boat
By nocturne_81 on 12/5/2011 7:50:15 PM , Rating: 4
Are you serious?! Social Security is not a retirement plan -- it's a very small level of reassurance, which should never account for more than a third of your total retirement income. If you are planning for your SS benefits to let you live comfortably in your later years, you are going to be sadly mistaken.

Furthermore, I'm really getting tired of the ridiculous notion that all government employees (not appointees) have incredible medical and retirement benefits. Practically every government agency operates just like any other companies do in this regard -- create or hire an entity to manage a gathered pool of retirement benefits. According to your employee contract (varies by region, branch, locality, or even person to person -- just like any company), you pay a specified portion of your retirement benefit payments. Often you may be matched 1:1 by the employer, though in exchange for less pay. You may get full medical benefits, though in exchange for less pay -- just like any other company.

I myself worked for the state of Ohio for 3 years.. I paid 100% of my retirement benefit payments, and received no medical benefits as I had a 'part-time' position (even though I was working 60hrs a week) -- which if you knew better, is the case with most actual government jobs.

RE: USPS missed the boat
By LordSojar on 12/6/2011 5:23:18 AM , Rating: 2

Yes, these guys are serious. Most of them are so delusional that they'd sooner destroy 95% of the government agencies to save some ill conceived notion of "tax payer money", where private industry would them rape and pillage all of society because there are so few companies with a code of ethics anymore that goes beyond the simple law.

I really hope they do succeed in getting rid of the NHTSA, EPA, etc... then we can all die happy capitalists at the ripe old age of 30 from our cars spontaneously exploding when a shopping cart dings it or from the water we cook our yummy spaghetti in being laced with arsenic, mercury and all matter of other things, so long as those socialist organizations aren't around, it's a-ok!

Everyone is trying to be "more like the Founding Fathers" in that they want to take us back to the late 1790s and early 1800s, when America was so "great". NHTSA won't be around to require seatbelts in our horse carriages either! HOORAY

RE: USPS missed the boat
By Skywalker123 on 12/6/2011 5:47:11 AM , Rating: 1
Oh, no! We won't have an agency to make us wear seat belts! Whatever will we do?

RE: USPS missed the boat

Are you serious?! Social Security is not a retirement plan




RE: USPS missed the boat
By Schrag4 on 12/6/2011 9:27:01 AM , Rating: 2

That's funny, because the EPA is working quite hard to make all cars death traps.

RE: USPS missed the boat
By Breathless on 12/6/2011 9:56:40 AM , Rating: 2
I would rather die a happy capitalist then a miserable socialist.

RE: USPS missed the boat
By Chaser on 12/6/2011 10:48:24 AM , Rating: 2
First of all most people that refer to outlandish benefits are usually talking about Federal employees. Not the local yokel state job you landed. So you're generalizing just as much as the people you are accusing.

Anyone that wasn't born under a rock is well aware of the financial abuses of the Federal government especially when it comes to benefits and also from so called "public unions" of several states employees too. New Jersey and Wisconsin, such as state teacher tenures (pensions) come to mind if you happen to watch TV news once in a while?

RE: USPS missed the boat
By room200 on 12/5/2011 8:56:34 PM , Rating: 2
Because you saw what happened to all the 65 year olds who were ready to retire in 2008; they can't afford to retire because the market crashed. The banks nearly ruined the American economy; they don't have unions to blame. We bailed them out. 401k's are a rip-off.

RE: USPS missed the boat
By Spuke on 12/5/2011 3:55:58 PM , Rating: 2
Federal pension system? Since when?

RE: USPS missed the boat
By nocturne_81 on 12/5/2011 7:55:14 PM , Rating: 2
Exactly! Where do these guys get the assumption that the federal government (or any governmental agency for that matter) don't want to screw their own employees over as much as possible, just like any company or corporation?!?!

The only good gov't jobs are the ones you get appointed (or born) into..

RE: USPS missed the boat
By FITCamaro on 12/5/2011 10:39:17 PM , Rating: 2
Are you contesting that there is a federal pension system or that its under funded?

