posted on Jul, 19 2012 @ 08:08 AM
Greetings, ATS Readers, Writers,
Hello all, I remember this coming up some time ago in the news, I did some research on it all at that time.
I even spoke to the ladies at our local Post Office..
HERE is the REAL reason the USPS is defaulting:
Our lovely government, the same one that gave gazillions to the Treasury AND foreign banks, TOLD the USPS, that they MUST "beef up" the retirement
fund for it future and present retirees. And they gave them ONLY ten years to do this in.
INSTEAD, the government COULD HAVE given a TINY amount of money, (compared to what they gave foreign banks), and funded the retirement fund for the
employees and GIVE the USPS say 15 years to pay it back, or 20.. BUT NO!!!!!
It isnt because the USPS is sooooo inefficient, the added burden of the extreme fund payments, is what is killing them..
They ladies at the local USPS verified this, and said I was about the only customer who REALLY knew what was going on..lol