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Re: “Going Postal

Examining Newspapers and Standard Mail is an everyday function of USPS Business Mail Technicians and Clerks. You make it sound like this is something new. FYI, I've been doing just what you describe for 20 of my 33 years with the USPS. It is part of my job to verify that discounted mail does not contain anything that is prohibited by regulation or law.

Your statements on USPS deficits is also misleading. Why not mention that while there is a NET Loss posted in USPS financials, there is also, at the same time, an Operational PROFIT generated. As any journalist or blogger should know, if any research is actually done, is that the USPS starts each Fiscal Year around $5.5 Billion in the red. This is due exclusively to the Lame Duck Republican legislation passed in December 2006. The PAEA of 2006 requires the USPS to fully fund FUTURE RETIREE Health Benefits, determined to be around $55 Billion. This funds 75 years into the future so, why require 100% funding in only 10 years?

Since the USPS has not made these payments over the past few years, that default is shown as a loss on the balance sheet. Even former Speaker Boehner admitted that the Postal "crisis" is phony. A simple Google search will bring up the article.

It's all a paper shuffle.

6 likes, 0 dislikes
Posted by RandyF on 01/14/2016 at 2:40 PM

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