Maine's GOV. says state workers are corrupt

[mrplunkey]

The Post office doesn't cost Taxpayer ANYTHING.

You'd lose too if you charged 45¢ to deliver a letter to a rural house in the middle of India. (Most of the United states is Rural btw.)
Although they have ran efficient enough to do so and stay profitable prior to my next statement.


Post office is going broke because of Legislation that is forcing them to pay 75 years into the futures retirement plan in a 10 Year stretch.

Name me a company that does this and remains above water.

All private companies are required to properly recognize future liabilities on their balance sheet. There's definitely some gamesmanship associated with the calculation, but they have to recognize it.

The federal government is the only place where you can rack-up unimaginable liabilities and not recognize them. That's why we have around $62 Trillion (it's probably more now) in debts that aren't on our books.

The post office is forced by law to partially recognize some of its future liabilities, but it's still not the full amount.

So yes, the post office does cost the taxpayers money. And if they don't, then they should cut me a several billion dollar check from the same pool of money they're drawing from.

 

[brownbrown]

So yes, the post office does cost the taxpayers money. And if they don't, then they should cut me a several billion dollar check from the same pool of money they're drawing from.

75 years worth of retirement?

You said they "do" take Taxpayers $ then say "If they don't" ???
either you know they do or you don't................... And you don't.

And the Post Office hasnt taken a red cent of taxpayer money since the early 80's. And have Ran successfully and paid ALL retirements, until the legislation.

 

[mrplunkey]

75 years worth of retirement?

You said they "do" take Taxpayers $ then say "If they don't" ???
either you know they do or you don't................... And you don't.

And the Post Office hasnt taken a red cent of taxpayer money since the early 80's. And have Ran successfully and paid ALL retirements, until the legislation.

Government actuarials for health care costs are currently based on $1 paid for $3 of benefits, even after the time value of money is taken into consideration. That's why Medicare is breaking the US in such a spectacular way.

But since I'm a bastion of compromise, let's reduce the time frame to only 25 years, but do so at the correct dollar-for-dollar rate. Fair enough?

 

[brownbrown]

Government actuarials for health care costs are currently based on $1 paid for $3 of benefits, even after the time value of money is taken into consideration. That's why Medicare is breaking the US in such a spectacular way.

But since I'm a bastion of compromise, let's reduce the time frame to only 25 years, but do so at the correct dollar-for-dollar rate. Fair enough?

Post office pays for nearly all of the healthcare costs of its member through FEHB.

Post Office Created 1775. Employs 600,000 people directly, keeps MILLIONS employed with their service.
Largest Vehicle fleet in the WORLD.
200 Billion letters processed and delivered a year.
Aid in 1 Trillion dollars of commerce.
a billion miles driven a Year.


They were running FINE until 06.
Then they got railroaded.

It would be fair if they weren't getting fucked.

It sounds like a great idea to turn that over to Contracted mailers for triple the cost.

 

[brownbrown]

To everyone that complains about the Post Office. And wants it gone

Just label your mail box - Fuck you Mailman and Fuck Your Job. I hope you lose it.

See how that works out for ya.

jus say'n

I love My mailman,

 

[mrplunkey]

Post office pays for nearly all of the healthcare costs of its member through FEHB.

Post Office Created 1775. Employs 600,000 people directly, keeps MILLIONS employed with their service.
Largest Vehicle fleet in the WORLD.
200 Billion letters processed and delivered a year.
Aid in 1 Trillion dollars of commerce.
a billion miles driven a Year.


They were running FINE until 06.
Then they got railroaded.

It would be fair if they weren't getting fucked.

It sounds like a great idea to turn that over to Contracted mailers for triple the cost.

The were running fine until they were forced to recognize future liabilities.

But even then, they were allowed to stretch 1/3 the amount over 75 years and still couldn't survive.

Let's focus on something we both agree on. Is it fair to say that with the rapid decline of mail use and the incredible advancements in technology that at least a good (i.e. 10%-20%) downsizing is in order?

 

[brownbrown]

Let's focus on something we both agree on. Is it fair to say that with the rapid decline of mail use and the incredible advancements in technology that at least a good (i.e. 10%-20%) downsizing is in order?

I'd say let them run how they need too. They are self sustaining and since technology has lowered their use, it's up to them to do what they need.

LOL, let the "Market" decide their size.

 

[mrplunkey]

I'd say let them run how they need too. They are self sustaining and since technology has lowered their use, it's up to them to do what they need.

LOL, let the "Market" decide their size.

The market plus a few billion/year from taxpayers is deciding their size now.

I steer clear of any investment that isn't viable with a monopoly and a bottomless pit of taxpayer cash.