It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Blaine91555
reply to post by Seiko
The Post Office has a serious deficit every year. If it were a business it would have gone bankrupt long ago. Just do your homework and you will find it is a financial disaster.
Originally posted by Blaine91555
reply to post by Artephius Abraxas Helios
By crushing all the cars in Cash for Clunkers they removed the best used cars from the market. Now used cars are at an all time high. Who got hurt. The poor working people. I'd call that a failure.
Originally posted by Seiko
reply to post by Blaine91555
Even though it's a federal agency, the Postal Service has not received any taxpayer funding since the early 1980s, when it was phased into an independent, self-sufficient financial entity. "We're not seeking any tax dollars," said Postal Service spokesman David Partenheimer. "We don't use tax dollars for our operation."
I hate to repeat myself with this quote, but can you disprove it? You are stating they are subsidized by taxpayer money. The spokesman says they are not.
I think you're splitting hairs on this one.
The post office is not a for profit traded company, they are a government regulated one. They are not required to turn profits. I am certain there is waste there, but I'm saying I see no fail.
Interesting article in today’s New York Times on the US Postal Service: “Increasing Postal Deficits Intensify Talks On Solution”, July 30, B1.
This highlights a key difference between the operations of a private company and a public one. Private delivery companies like UPS and Federal Express are cutting costs to align their operations with current demand. The Post Office, however, being a public company, has its decisions subject to political considerations.
Originally posted by anyjerk
reply to post by Blaine91555
Excellent post
Although let me just say that I think Obama is the smoke and Biden is the mirrors, just like Bush/Cheney