Postmaster General: Postal service is on ‘the brink of default’
September 6, 2011 at 10:28 am in West Central Tribune
WASHINGTON Postmaster General Patrick Donahoe warned that the Postal Service is on “the brink of default” as he battles to keep his agency solvent.
Continue Reading
Ouch, another epic fail by the government. Just proof that gov. should not be running a for-profit business. FedEx, DHL and UPS make money hand-over-fist and they are the reason that businesses can stay competitive when costs are going up. Give them the opportunity to deliver mail and I guarantee you it would be quick and cheap. I do feel badly for all of the individuals that would stand to lose their jobs, but the increase in business with the others should create some jobs.
Like or Dislike:
11 
7
The government is not running the USPS.
http://en.wikipedia.org/wiki/United_States_Postal_Service
Like or Dislike:
5 
6
But the postal department is an agency of the government.
Like or Dislike:
7 
3
And they are entirely dependent on the income they recieve from stamps, etc.
Like or Dislike:
4 
5