USPS loses $3B in 2008
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USPS loses $3B in 2008

  1. #1
    RvRrat
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    Default USPS loses $3B in 2008

    And our gov't thinks they can audit banks to see if they've viable?

    What did I miss here? Shouldn't the gov't fix their own junk before attempting to fix the private sector's problems?

    How does the usps lose $3B in one year? imo they have not changed with the times. lets see...on line banking, email, etc. Probably means less mail right? Only thing a real business can do is reduce head count and scale back. Not the usps, just the opposite. They continue to hire and expand.

    I certainly hope we haven't given any bonuses to the usps people.

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  3. #2
    Senior Member scooooter7's Avatar
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    Quote Originally Posted by RvRrat View Post
    And our gov't thinks they can audit banks to see if they've viable?

    What did I miss here? Shouldn't the gov't fix their own junk before attempting to fix the private sector's problems?

    How does the usps lose $3B in one year? imo they have not changed with the times. lets see...on line banking, email, etc. Probably means less mail right? Only thing a real business can do is reduce head count and scale back. Not the usps, just the opposite. They continue to hire and expand.

    I certainly hope we haven't given any bonuses to the usps people.
    You forgot...and Raise prices.

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    Senior Member milkmoney's Avatar
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    hey rat, to my understanding is that the usps is not directly affiliated with the feds, something about that it is its own sector..(company)..funds its self..

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    For the government they actually did pretty good. I hope they bonus the ceo

  6. #5
    RvRrat
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    Quote Originally Posted by milkmoney View Post
    hey rat, to my understanding is that the usps is not directly affiliated with the feds, something about that it is its own sector..(company)..funds its self..
    directly or indirectly, imo doesn't matter.

    The United States Postal Service (USPS) is an "independent establishment of the executive branch" of the United States Government (see 39 U.S.C. § 201) responsible for providing postal service in the United States. Within the United States, it is generally referred to as "the post office."

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    RvRrat
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    Quote Originally Posted by framer1 View Post
    For the government they actually did pretty good. I hope they bonus the ceo
    if they get some bailout bucks they'll have to pay back the ceo bonuses.

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    Senior Member Brendellajet's Avatar
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    USPS is actually a great service as long as you aren't in a hurry. What other service can deliver a letter, card etc for 41 cents?

  9. #8
    RvRrat
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    Quote Originally Posted by Brendellajet View Post
    USPS is actually a great service as long as you aren't in a hurry. What other service can deliver a letter, card etc for 41 cents?
    totally agree. but how can they lose $3B?????

  10. #9
    Senior Member milkmoney's Avatar
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    Quote Originally Posted by RvRrat View Post
    directly or indirectly, imo doesn't matter.

    The United States Postal Service (USPS) is an "independent establishment of the executive branch" of the United States Government (see 39 U.S.C. § 201) responsible for providing postal service in the United States. Within the United States, it is generally referred to as "the post office."
    ok well you know more than i do, just got some vague info a few years ago, from who? i dont know. i stand corrected. anyway it doesnt surprise me..everybody is losing there a*s, i had a postal worker tell me that the fuel cost last year was hurting them????

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    Quote Originally Posted by RvRrat View Post
    totally agree. but how can they lose $3B?????
    Because people stopped using them do to it being a crap shott wether the product will reach it's destination.
    Lead, follow, or get the hell out of the way!

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    Quote Originally Posted by Brendellajet View Post
    USPS is actually a great service as long as you aren't in a hurry. What other service can deliver a letter, card etc for 41 cents?
    44 cents in May

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    Desert Racing Widow angiebaby's Avatar
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    I'd guess fuel has a lot to do with it. When I have packages to send or receive, I don't use them. They won't deliver down my driveway half the time, which means I'm supposed to go wait in line to pick up my stuff that should have been delivered to my house and I have to be there by 5. That's a problem since I never get home before 5. Also, overnight really means 4 or 5 business days 75% of the time for me. So pay 2000% more so it will take longer. Try to get a refund when it's not there next day How can it be sent from Palm Springs to Menifee with my zip code on it and go to Hemet and sit there for 3 days? That's just one example.

    I wouldn't care if they shut down one extra day a week. But I tell ya, if they keep raising the prices of stamps, I'm going to start doing all my bills online and they are going to lose more than they make. Don't like doing all my bills online for security, but the closer it gets to 4 bits to mail something, the more I'm inclined to take the risks.
    aka MMSW

    Quote Originally Posted by Tom Brown
    Every liberal is a lying sack of shit who should be killed and every conservative has flowers spring from his ass in the morning when his bowels move.

    "The secret of health for both mind and body is not to mourn for the past, worry about the future, or anticipate troubles, but to live in the present moment wisely and earnestly."
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