This page has been archived and commenting is disabled.

US Postal Service Asks Regulator For Permission To Slow Mail Speed (Even More); Sees Revenues Sliding

Tyler Durden's picture


In yet another piece of news that somehow will be seen as largely bullish for risk, if not so bullish for the USPS's 600,000 thousand workers, we learn that the United States Postal Service, long on the verge of insolvency, has decided to take its already snail-pace speed... and make it even slower.

Per Bloomberg:


Note: "savings", means job cuts. Yet in some parallel universe the ISM's Nieves is telling those gullible enough to listen, that the sharply contracting ISm Services employment index will rebound in December, on something or another. And as a reminder in August we learned that "in an attempt to avoid bankruptcy, [the USPS] is now seeking to reduce its total overhead by 20%, or a whopping 120,000 workers (a number which would amount to roughly an increase of 0.1% in the national unemployment rate)." In other words, the can kicking for America's postmen is about over.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 12/05/2011 - 11:37 | 1946613 Jonbutterfly
Jonbutterfly's picture

Really interesting discussion about the global economy with Chris Martenson and GoldMoney's James Turk:

Mon, 12/05/2011 - 11:42 | 1946630 shaxmatist
shaxmatist's picture

It took them 30 days to send me my package.. how much slower do they want to get??

Mon, 12/05/2011 - 11:44 | 1946640 Pladizow
Pladizow's picture

The USPS is one of the last things America should be worried about!

Mon, 12/05/2011 - 11:58 | 1946706 MillionDollarBonus_
MillionDollarBonus_'s picture

Exactly. I hope that libertarians can now see the clear dichotomy between public and private job markets. Corporations are exploiting workers with low wages and poor working conditions, whereas the government provides much better wages, more reasonable working conditions and far more desirable benefits packages. This is PROOF that the government is far more considerate of the welfare of their employees. Private companies could learn a thing or two from the way the government treats its workers.

Mon, 12/05/2011 - 11:59 | 1946727 trav7777
trav7777's picture

the failure of the USPS will be a blackpocalypse in terms of employment.

USPS is one of the most "diverse" organizations.  No, diversity does not mean the highest number of different ethnicities and backgrounds, like you might think it would mean (from its plain definition).

Mon, 12/05/2011 - 12:56 | 1946973 Abiotic Oil
Abiotic Oil's picture

Part of the problem is the AFL-CIO — National Association of Letter Carriers (NALC) — which has successfully pressured the service into providing direct and indirect compensation to its workers to the point where the average postal worker now makes $83,000 a year. This is reflected in the fact that suchcompensation and benefits “constitute close to 80 percent of USPS’s costs … despite major advances in technology and the automation of postal operations.” A USPS worker blogged at the Wall Street Journal:

Cutting out delivery one day a week and raising some rates is a stopgap measure, and two years hence, there would be another increase and a four-day week proposal. The reason why is that USPS cannot fire anyone and cannot make employees work faster or smarter because of the death grip the postal union has on the postal service. The employees at my substation deliberately create a long line by employing the work slowdown, giving every customer at least 8 minutes of face time, chatting up grandkids and cruise trips. They are immune to reprimand and to any incentive to improve service. It is what the union wants, what Progressives want and what Democrats want. John Potter is not on the side of the postal service consumer; he is pro-union and is doing their work for them. If he were not pro-union, he would not be in his position.

Another part of the problem is that, as a monopoly, the USPS has little incentive to be frugal or to operate efficiently.  A recent audit by the USPS’s own inspector general found “unjustified” and “imprudent” expenses and purchases over a recent five-month period:

No business justification was provided for $355,451 of food provided at a September 2008 national sales educational conference attended by over 600 employees…. We noted that beer and wine were served on one occasion, a bartender charge of $500 was included on one occasion, and one dinner for 650 guests totaled $62,714, which is $96 per guest.

A postmaster installation celebration and reception held in October 2008 included unallowable food purchases totaling over $17,000. The menu included crab cakes, beef wellington, shrimp, and scallops.

A two-day meeting in September 2008 ... cost $27,567, including a per dinner cost of $93. In addition, employees were provided paid lodging “even though their official duty station was within nine miles of the conference facility."

Five employees purchased gift cards from unauthorized vendors totaling $31,791. Two districts purchased almost $15,000 worth of movie tickets. Another district purchased thirty retirement watches at $216 a pop.

Three meetings included expenses for flowers, linens, candles, and red carpets totaling $4,579.

At the end of last year, the Post Office did some research and was surprised to find that customers at the nation's 37,000 post offices were not happy about wait times in line. In response, the Post Office came up with a brilliant idea, something that could probably only come from the federal government. They removed the clocks from all 37,000 post offices.  Stephen Seewoester, a Postal Service spokesman said, apparently with a straight face, "We want people to focus on postal service and not the clock."


Mon, 12/05/2011 - 13:16 | 1947028 Abiotic Oil
Abiotic Oil's picture

From "Behold a Pale Horse"

Anti-Drug Abuse Act of 1988

The act has authorized postal authorities to serve warrants, subpoenas, make arrests, carry firearms, and make seizures in matters involving use of mails (Sec. 6251).


The Post Office Department is a private corporation and is not a part of the Federal government. How can they be allowed to function as Federal police if they are not federalized? Are post office employees destined to become a part of the national police force?

Mon, 12/05/2011 - 16:50 | 1948102 Lord Koos
Lord Koos's picture

This stuff is chicken feed compared to what management would make (and spend) if the postal service were privatized.

Talk of privatizing the postal service is just more disaster capitalism, enabling crony capitalists to loot a public service.  Anyone who thinks the mail would be cheaper under private ownership is nuts.  Not only would it be more expensive, service would also suffer as the typical corporate cost cutting measure were applied.

Of all the things tax payers dollars go to, the postal service is one of the most useful to the average citizen.  At least under the current system, workers are making a decent wage, as opposed to the money going to million dollar bonuses and golden parachutes for those at the top.

Mon, 12/05/2011 - 14:13 | 1947265 PulauHantu29
PulauHantu29's picture

trav, you have a point. My nephew applied for a Christmas season job and he was rejected. They said,"you scored too high."

What a mess.

Mon, 12/05/2011 - 17:31 | 1948302 boiltherich
boiltherich's picture

They only had open testing once every three to four years when I lived in Santa Rosa California in the eighties, I applied and was given a date to go test along with more than 6,000 other people from which they create a hiring registry.  The way the USPS hires is they rank you by test score on the registry and then if they have one slot open for a job they interview three people.  If they have 4 jobs open they interview six, they always interview no more or less than two more people than they have openings for.  Of course they only go to the registry once all temporary and other part-time employees have been offered a position, or people who were separated in a RIF elsewhere who have a right to relocate under union rules. 

I studied hard and I aced the test getting 100 out of 100 points, the max, but also got 15 points for disabled vet status and prior civil service so my registry score was 115 out of 100.  I was the first called in two weeks later to interview and I did get the job, but it was the worst employment situation I ever went through.  If your supervisor does not like you for any reason they are pretty limited in the ways they can get rid of you, the most popular being to get you to quit voluntarily which is what I did, I do not need a ton of bricks to fall on me to know that every day of work in that place was going to be a nightmarish hell. 

Mon, 12/05/2011 - 12:08 | 1946773 Pladizow
Pladizow's picture

What MillionDollarBonus_ means to be sarcasm, is this time correct:

Mon, 12/05/2011 - 12:40 | 1946892 YBNguy
YBNguy's picture

Invest in the 'forever' stamps NOW, their price will soon soar ;)

Mon, 12/05/2011 - 14:21 | 1947293 dagnytaggert
dagnytaggert's picture

"The Postal Store is temporarily unavailable."

It may be forever before the forever stamps are on the market again. 


Mon, 12/05/2011 - 13:28 | 1947076 buyingsterling
buyingsterling's picture

The feds don't care about run of the mill postal workers. Just more votes they've bought. Of course bureaucracies take better 'care' of their employees - they're spending someone else's money, and they aren't constrained by competition.

Mon, 12/05/2011 - 12:15 | 1946808 Monedas
Monedas's picture

You've got to be some sort Sarc/Gullibility/Masochist poll taker, right ? Private companies serve their public enterprises, the government workers are the clients ! The public be damned ! I'll give you a 1+ for Monedas style courage ! 2011 Comedy Jihad My village of less than 300 people has a multi-million dollar library with clean government bathrooms and free porn computers and heat/air conditioning run by librarian Candy ! We also have a full service Post Office run by PM Cindy ! They're both losing money....but what service !

Mon, 12/05/2011 - 12:19 | 1946833 The Big Ching-aso
The Big Ching-aso's picture



"The check's in the mail.    I post-dated it 82 days from today so it should coincide with the estimated delivery date."

Mon, 12/05/2011 - 12:52 | 1946867 Monedas
Monedas's picture

MillionBuckBoner is trying to be a sort of private label Monedas ! His sarc is a little too dry but he's coming kind and toss him a boner once in a while ! Oh yeah, my country library loans free DVDs for a week and they are renewable for another week by phone and you can request loans from the other branches in the state wide system ! Books are loaned for 3 weeks and renewable for retarded public ed patrons ! They even send notices of your requests arriving by first class mail in a windowed envelope for privacy ? Someone's gotta pay for that ?

Mon, 12/05/2011 - 13:38 | 1947117 alangreedspank
alangreedspank's picture

Corporations can't exploit for low wages if half your income needs to be taxed. The state would not rake in any money if they did "exploit" and provide low wages.


Mon, 12/05/2011 - 16:40 | 1948063 Lord Koos
Lord Koos's picture

Not to mention, at least in the case of postal employees, a valuable service is being provided to the entire country. Where as corporate outsourcing just results in cheap consumer gadgets and expensive running shoes.

Sun, 05/20/2012 - 02:14 | 2438630 jaffa
jaffa's picture

In general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers. Thanks a lot. Regards,

Mon, 12/05/2011 - 11:57 | 1946712 Jay Gould Esq.
Jay Gould Esq.'s picture

"Slower mail speed..."

Close enough for Government work, as the old saw goes. 

Privatize the entire outfit, and apply "DPS" standards ( Dreaded Private Sector ) to the "work"force: terminate all of them, and make them re-apply for their former jobs, just as it has been done in the real world of tenuous employment. The damnable layabouts -- they cannot even deliver on time at present, later delivery will simply drive more Americans to the use of e-statements, and on-line bill paying, on-line investment transactions, &c.

Mon, 12/05/2011 - 11:47 | 1946657 FaithEqualsZero
FaithEqualsZero's picture

Help the post office and screw the banks. Win Win!

Mon, 12/05/2011 - 11:47 | 1946659 shaxmatist
shaxmatist's picture

Here is an idea -- how about just closing the whole USPS? It's a barbarous relic anyway.

For personal letters people use email.

To send goods there are Fedex, UPS, DHL and many other private couriers and freighters.

What do we need USPS for?

Mon, 12/05/2011 - 11:52 | 1946685 Thorny Xi
Thorny Xi's picture

Well, one of the things the constitution says the government will do is provide for mail service.  The legal system requires it for proof of service.  and there's no problem with it other than a Bush era law change that mandates the USPS pre-pay 75 years of employee retirement funds over 10 years, which is bankrupting the whole thing.  Do your research, folks... this is an orchestrated kill - it'll put a half million or more people out of work.  Sure FedEX and UPS can deliver letters ... hope you like paying $5.00 for a stamp.

Mon, 12/05/2011 - 11:58 | 1946723 Freddie
Freddie's picture

At least under Bush we had an economy. Hope & Change with the muslim/

Mon, 12/05/2011 - 12:02 | 1946747 Vic Vinegar
Vic Vinegar's picture

Please explain how it was different under Bush.  All of ZH knows your thoughts on the Muslim.  Give us something new buddy.

Mon, 12/05/2011 - 12:36 | 1946884 Bobbyrib
Bobbyrib's picture

Under W the debt bubble (not public, but private) grew much faster.


Only now is consumer debt expanding, luckily we have public debt to cover for the lack of private debt. <-sarcasm.

Mon, 12/05/2011 - 13:18 | 1947047 Flakmeister
Flakmeister's picture

The greatest irony here is that Freddie, despite echoing the sentiments of the majority here, appears to be despised by everyone... Call him the anti-troll...

Mon, 12/05/2011 - 13:40 | 1947116 Don Birnam
Don Birnam's picture

As an aside, it is evident that TD's post struck a rather discordant note with some ZH alias-mantled mailman, who has gone postal regarding knocks, as [ of this writng ] every post has been dinged. 

Get back to your route, mack, and do your job.


Mon, 12/05/2011 - 14:39 | 1947405 TheFourthStooge-ing
TheFourthStooge-ing's picture

Vic Vinegar duly noted:

Please explain how it was different under Bush.  All of ZH knows your thoughts on the Muslim.  Give us something new buddy.

I think Freddie is a shill for the Democratic party, and his method of operation is to impersonate a semi-retarded and/or gas huffing Republican dupe. Please consider the following:

1) He almost invariably refers to the president of the occupational government in Vichy, D.C. as "the muslim", conveniently ignoring Obama's continuation and escalation of Chimpy Bush's program of exterminating Moslems.

2) He claims to comprehend that there is no difference between the two sides (Republican and Democratic) of the Party in America's one-party system, yet he always opines that things were better when Republicans were "in charge".

3) He claims to comprehend that the CONmedia (corporate-owned news media), whether "liberal" or "conservative", are all carefully scripted and choreographed propaganda tools, yet is a fan of Rush Limbaugh, refusing to recognize that he is from the same propaganda toolbox as MSNBC, Fox News, Rachel Maddow, Sean Hannity, and Air America.

4) Although he has voiced support for Ron Paul, he has also done the same for Rick Santorum and Michelle Bachman, two kooks cut from the same cloth as the theocrats in Iran (as if Christianic extremists were any better than Islamic extremists).

As to how this could serve the interests of the Democrats, I believe it has to do with Ron Paul being more electable than Obama. It appears that the plan is first to firmly establish online a group of Democratic shills acting as a simple-minded dupes regurgitating Republican talking points. Then, if Ron Paul looks like he might win the Republican nomination, the dupe brigade will come out and voice exceptionally strong support for Ron Paul. As this support would be coming from characters which had previously supported the kooks, it could be used to tar Ron Paul with the same kook brush.

Then again, Freddie might just be another gas huffing kool-aid chugger.


Mon, 12/05/2011 - 15:13 | 1947618 Flakmeister
Flakmeister's picture

I'll vote with the latter....

Somewhere some Yahoo! board is missing its resident twisted fuck...

Mon, 12/05/2011 - 12:01 | 1946740 trav7777
trav7777's picture

ok, sorry, but the employee demographics of the USPS make its viability impossible.

It cannot and will not be able to function under these circumstances. 

Mon, 12/05/2011 - 12:05 | 1946761 Eally Ucked
Eally Ucked's picture

USPS is no worse than UPS or FEDEX but is burdened with all those constitutional and regulatory constrains. Why the UPS and FEDEX don't take over some of it and show us how they will manage, another example how friends in higher places kill good services to make life of their bodies in UPS and others have upper hand. Who will service those remote locations and for what price? Of course all those big city dwellers would kill it, they not need it.

Mon, 12/05/2011 - 12:10 | 1946789 DaveyJones
DaveyJones's picture

you do not need to use the post office for legal proof of service.

Mon, 12/05/2011 - 12:18 | 1946822 Stoploss
Stoploss's picture
The 99.999% doesn't know that.
Mon, 12/05/2011 - 13:14 | 1947031 Thorny Xi
Thorny Xi's picture

No, you don't.  Anybody can mail letters using UPS / FedEX / DHL.  That capability has been around for years ... problem is, it costs about $10 a letter.  A $0.45 letter is an amazing bargain.  Rather than kill the US mail, kill the poison pill the congress stuffed down its throat under Bush.  Do you really want to put a half million more people out of work?  Really?  Plus a couple hundred thousand more who'll lose their jobs as businesses that depend on the mail fall over?  So a couple of bribe-paying campaign fund stuffing companies can take over a working system and charge 10X more for the "same" service?  (Well, you'll have to use a lot of standard materials and envelopes that they sell you, since they'll be robotic-based with far fewer people involved.)  What IS it with people these days?  "Eliminate ALL employment! Rah Rah Rah!" has been the chorus since the 80's ... and now that 20% or so of the people out there who need to be working aren't working, we still don't get it?  All of this non-human productivity has a cost, unless you eliminate the people along with the jobs, folks.  Which isn't acceptable.         

Mon, 12/05/2011 - 13:28 | 1947080 boiltherich
boiltherich's picture

What can Brown do for you BITCHEZ?  I don't know about you but for me they can start by dropping those cute little brown shorts. 

Mon, 12/05/2011 - 13:54 | 1947199 DaveyJones
DaveyJones's picture

i wasn't making any argument about saving or killing the post office, just clarifying legal service.

Mon, 12/05/2011 - 16:40 | 1948066 trav7777
trav7777's picture

look dude, stop creating false dilemmas!

The USPS is NOT VIABLE as an institution, STRUCTURALLY, in its present state.

They fucking employed 36%+ minorities in 2003, and this has only grown.  48% hired last year were minorities.

They employ over 80 "diversity development specialists."

Obviously, their PRIMARY concern as an organization is NOT delivering the mail; it is hiring so many minorities that they no longer have any diversity in the actual meaning of the word.

Mon, 12/05/2011 - 16:55 | 1948143 Lord Koos
Lord Koos's picture

You're a dream come true for the divide-and-conquer overlords.  

Mon, 12/05/2011 - 17:33 | 1948316 trav7777
trav7777's picture

and that's because I don't think racism has any place in hiring decisions?


Mon, 12/05/2011 - 12:13 | 1946797 SeverinSlade
SeverinSlade's picture

That's the problem with government workers.  Since when does public service mean the US taxpayer has to pay for a nice and comfy retirement (while the rest of the US labor market works until they're dead)?

Cut the illegal FIT, social security and medicare taxes, and allow public servants (and ALL workers) to keep their paycheck and save and invest it themselves.

Mon, 12/05/2011 - 12:19 | 1946829 ugmug
ugmug's picture

Whenever I send anything important through the US Post Office I have to send it certified so I can track the letter by email and I can also receive confirmation of delivery by email. The cost to certified a letter is around $3. I'd be willing to pay another private company that much to send a letter simply because even though the letter is USPS certified it still takes days and days for it to be delivered.





Mon, 12/05/2011 - 13:18 | 1947050 boiltherich
boiltherich's picture

Five dollars you say Thorny?  I had to send a three page document from Jackson county Oregon on the California state line to the SF Bay Area via FedEx ground going into their store to do this so they did not even need to come to me to pick it up, they charged $21.  Had it needed to go next day or by air you can double that.  The USPS catches a lot of flack about speed, but almost all the mail I get is postmarked three days or less, often having been sent out the previous day if it originated on the west coast.  I really think the problems began back when they started to give priority pricing to junk mailers in order to get a steady stream of income from all that bulk mail.  The problem is that junk mail pretty much requires them to go to every delivery address every day.  If they only handled first class letters and small parcels they would need about half the employees they have to get the job done.  But bulk mail revenues do not come anywhere near to the cost of all the employees needed to handle all the junk.  Not to mention that the sheer tonnage of junk is an environmental crime of massive scale.

But, we all have a favorite horror story about the post office right?  I will tell you mine.  I was away at college in Ohio from my hometown in California, I had a debit card from BAC but there are no BAC branches anywhere near Ohio.  It worked fine to get at my direct deposits until one fine first of the month it did not, the card had expired and simply stopped functioning.  I had already gone a day or two without eating because I was only paid once per month and lived day to day to get through school. 

When I realized that the card was out of date I called my Mom in CA and sure enough BAC had sent my new card to her house.  I asked her to go down to the post office as soon as she hung up and send the card by overnight mail to the place I was staying in Ohio on Elesmere Street.  It cost a small fortune, like $24 or something but at least I knew I would get my card and some food the next day sometime. 

The next day the card did not come and I phoned Mom to ask if she had sent it and she said yes.  By then it was too late to get through to the USPS so I had to wait till the next day.  They told me my mother in CA had to initiate any investigation into missing mail because she was the sender, but again it was too late that day for that to happen so I asked Mom to go to the post office to get it tracked and found. 

Five days after this debit card was sent by overnight mail a beat up old purple Camaro pulled up to my curb and this black woman with six inch long nails gets out and comes to my door and hands me the envelope with my card in it and when I asked her what the five days was all about for a piece of mail with guaranteed overnight delivery she actually got snotty about it and said it was my mother's fault 'cause look here at how she spelled the street name... ELSMERE instead of ELESMERE. 

Had I a weapon in my hand I would have used it, I had gone 7 days without food and 5 without a cigarette, when I say without food I mean I had nothing for a week but water.  I had been hallucinating just before that bitch arrived.  I also missed almost a week of school.  No apology, no refund on the overnight charges.  I am supposed to believe that because there was an "e" missing from the street name in the address they can and do refuse to deliver overnight mail? 

That is not even my worst horror story, you see I worked for them once upon a time for 89 days.  It was such a mind numbingly bad work situation I quit when my probation period was up, they had told me the next day to arrive in postal uniform and I could join the union, I said no way, I quit.  And then once I sent a book by book rate to someone, they never got it and 6 months later it was returned to me looking as though they dragged it behind the truck all the way across the USA, both ways, the book was ruined. 

Mon, 12/05/2011 - 16:41 | 1948069 Lord Koos
Lord Koos's picture

An airmail letter with FEDEX is $13.

Mon, 12/05/2011 - 11:58 | 1946724 Sudden Debt
Sudden Debt's picture

A cheap mail system is the corner stone of any economic viable system. So it should stay.

But it needs to be modernised ASAP!

Mon, 12/05/2011 - 13:41 | 1947127 Cow
Cow's picture

It needs to be privatized.

Which is more important?  Our food supply chain or our mail supply chain?  We seem to get our food distributed pretty well in the private world.  Will the mail system be the same if it's privatized? No.  But it will be cheaper and won't rely on taxpayers.

Mon, 12/05/2011 - 14:26 | 1947328 pan-the-ist
pan-the-ist's picture

"It needs to Be privatized"

What exactly does that mean?  More fascist government involvement in a private company? Like health insurance, the MIC, Sally May, Freddie Mac? Shall I go on?  Do you wan't more examples?

It would need to be shut down, and UPS, FEDEX, DLH etc. would need to test the space to see if it is viable to invest in and if and only if it is, they would then compete to deliver letters.  That's called capitalism, you seem to be confusing it with corpratisim/fascism.

Mon, 12/05/2011 - 16:43 | 1948076 Lord Koos
Lord Koos's picture

Let them eat FEDEX?  Because privatising has worked out so well in other areas, such as the military?  A privatized postal service would be expensive as hell, because the people at the top will want a fortune in bonuses to run it.

Mon, 12/05/2011 - 13:42 | 1947137 boiltherich
boiltherich's picture

The same can be said of passenger rail, but as a commercial enterprise it was not profitable so private industry dropped it.  And we all know the government could run the USPS and Amtrak with little losses rather than huge losses, but the truth is that these two and a few other government "corporations" are in reality just a work for welfare scheme.  That does not mean all the employees are lazy or incompetent, but it does mean they will never be profitable.  A good deal of the reason for this is that rail used to be run by greedy barons that charged almost as much or more as the fare to fly once flying was common and people just stopped using rails.  Had they lowered the price to compete with air travel they might still be in business.  I know I so hate to fly these days that I would rather take a train any day but now of course there is no longer a smoking car on Amtrak trains and I can't go days without my tobacco, so I drive. 

Mon, 12/05/2011 - 11:54 | 1946697 LongBallsShortBrains
LongBallsShortBrains's picture

600,000 thousand? Wow they are overstaffed!

Mon, 12/05/2011 - 12:00 | 1946732 Sudden Debt
Sudden Debt's picture

They have a lot of light bulbs that need to be screwed in on a monthly basis...


Mon, 12/05/2011 - 12:02 | 1946742 trav7777
trav7777's picture

it's a fucking jobs program for blacks...look at their demographics.  How hard is this really for you people to do?

Your mental 3rd rails won't really electrocute you

Mon, 12/05/2011 - 14:02 | 1946802 DaveyJones
DaveyJones's picture

I know, I feel the same way about basketball, the 100 meter dash and R&B - get rid of it all!

Mon, 12/05/2011 - 17:35 | 1948337 trav7777
trav7777's picture

i didn't suggest getting rid of the USPS, moron

Mon, 12/05/2011 - 12:44 | 1946907 Eally Ucked
Eally Ucked's picture

So you don't like blacks working for their living? It's better to put them on welfare? That would be very good deal for US isn't it? 

Mon, 12/05/2011 - 17:35 | 1948328 trav7777
trav7777's picture

great false dilemma!

No, I don't like racist decisionmaking in hiring

Mon, 12/05/2011 - 11:43 | 1946617 TruthInSunshine
TruthInSunshine's picture

The Bernankio is going to buy the U.S. Postal Service and stuff it into Iron Maiden Lane XXXXVIII.

Because that's how he rolls.


*Paul Krugman wants to retrofit the U.S. Postal Worker as an ass kicking, modernized, advanced weaponry wielding, Martian Invader defender, as a Keynesian means to an end stimulus program. We'll all have one less thing to worry about, and we'll save and/or create [insert pulled from thine ass number here] useless, debt producing jobs.

Mon, 12/05/2011 - 11:38 | 1946619 AngryGerman
AngryGerman's picture

"slow mail delivery speed" - classical!

Mon, 12/05/2011 - 11:41 | 1946628 GeneMarchbanks
GeneMarchbanks's picture

Snail mail, bitchez!

Here's your Congress at work. Bypass us.

Mon, 12/05/2011 - 11:43 | 1946635 SeverinSlade
SeverinSlade's picture

So in other words, USPS is proposing that if you ship your package today you can expect to receive it...never?

Mon, 12/05/2011 - 11:45 | 1946647 SHEEPFUKKER

Slow mail speed.  Redundant. 

Mon, 12/05/2011 - 12:25 | 1946856 Sinatra_98
Sinatra_98's picture

Too late...already happens. Next money saving idea, please...

Mon, 12/05/2011 - 11:53 | 1946686 Tortfeasor
Tortfeasor's picture

Ludicrously slow speed, go!

Mon, 12/05/2011 - 12:35 | 1946882 Grinder74
Grinder74's picture

What's the opposite of going plaid?

Mon, 12/05/2011 - 14:16 | 1947279 scam_MERS
scam_MERS's picture

I told you we should have put more than five bucks in this thing!

Mon, 12/05/2011 - 11:38 | 1946620 SokPOTUS
SokPOTUS's picture

Long Credit Card Company Late Charge Derivatives.

Mon, 12/05/2011 - 11:41 | 1946629 tony bonn
tony bonn's picture

i think that the usps is having a kotex moment.....and why do i not have sympathy? however, this represents the onward march of 3d worldization....

Mon, 12/05/2011 - 14:47 | 1947455 DosZap
DosZap's picture

tony bonn


Does this mean your prefer getting your mail from Nigerian Express?.

The USPS is THE paramount example of exactly how efficient out Government is.

They produce nothing, they cost more to operate, give worse service, more charges/increases in rates  every 6-12mos, and their retirement and benefit plans make 90% of Americans plans look like horse shit.

They treat you exactly like the Feds, and could give a rats ass if you eat shit and die.

This is how they operate,* seriously*, this is TRUTH.I mail a letter to my brother 50 miles away, it goes to the Dallas mail center,it's loaded onto a truck, driven to his town.His post office,then loads it on a truck, and sends it BACK to the USPS center in Dallas,where it's loaded AGAIN, and taken back to his town, and then out on THEIR trucks, and delivered.

 This costs $0.44????( a one ounce letter, goes 150 miles, to get delivered 50)........................................WE wonder WHY they are bankrupt???.

Mon, 12/05/2011 - 11:42 | 1946631 101 years and c...
101 years and counting's picture

Time to get rid of mail.  Close the USPS for good.  Need to send something?  Drop it off in a UPS or FedEx box.



Mon, 12/05/2011 - 11:46 | 1946654 valley chick
valley chick's picture

and pay how much more with UPS or FedEx?

Mon, 12/05/2011 - 11:54 | 1946696 101 years and c...
101 years and counting's picture

how much are you paying now?  44 cents and then how much in taxes (since the Treasury needs to continually plough billions into that insolvent pig)?


Mon, 12/05/2011 - 17:03 | 1948194 Lord Koos
Lord Koos's picture

Get real with the fucking whining about taxes paying for postal service.  USPS is what, 1/1,000,000th of the pentagon budget?  You schmucks advocate killing one of the most useful government functions, but aren't whining about things like defense spending, which creates even higher paying jobs at taxpayer expense but otherwise produces nothing but death. The Defense industry has a union too, they are called lobbyists.

Mon, 12/05/2011 - 11:59 | 1946730 Hansel
Hansel's picture

Market cost?  USPS is having problems now because the product they are selling does not cover the cost of their operation, including pensions.  Subsidize the mail service or pay market prices.

Mon, 12/05/2011 - 11:42 | 1946632 ghostfaceinvestah
ghostfaceinvestah's picture

The USPS is actually pretty fast compared to most countries in my experience.

Mon, 12/05/2011 - 11:44 | 1946639 LaLiLuLeLo
LaLiLuLeLo's picture

Most countries don't have door to door service either. The party only lasts so long...

Mon, 12/05/2011 - 11:52 | 1946682 ghostfaceinvestah
ghostfaceinvestah's picture

Yeah, that is uncommon.  Also, Saturday service isn't common either.

Mon, 12/05/2011 - 11:42 | 1946633 firstdivision
firstdivision's picture

This is bullish for banks.  Now they can charge all those late fees for those that still mail in their CC payments.

Mon, 12/05/2011 - 11:43 | 1946636 Dr. Engali
Dr. Engali's picture

Slow it down some more. The very thing that is killing  our competitiveness we want more of. That is a sound business practice. What a bunch of idiots.

Mon, 12/05/2011 - 11:48 | 1946666 pods
pods's picture

Just think about how much they would save if they just stopped delivering?


Mon, 12/05/2011 - 11:44 | 1946637 homersimpson
homersimpson's picture

What's sad is that the folks getting cut are not the old/stodgy/lazy/overpaid workers but the younger ones with less seniority. Idiot unions...

Mon, 12/05/2011 - 11:44 | 1946638 ZeroPoint
ZeroPoint's picture

What the fuck is the problem? Can't they just raise rates?

Mon, 12/05/2011 - 11:49 | 1946669 valley chick
valley chick's picture

they are in January.

Mon, 12/05/2011 - 11:44 | 1946641 sabra1
sabra1's picture

they'll be switching to donkeys! speaking of which, my co-worker and i were on our donkeys delivering the mail, when i had to pee real bad! we stopped on the roadside, where i asked my bud if he wouldn't mind holding my ass while i peed! no idea why he slugged me!

Mon, 12/05/2011 - 11:45 | 1946643 LouisDega
LouisDega's picture

Does this mean my Seymore Butt videos are going to arrive late? Damn

Mon, 12/05/2011 - 11:45 | 1946644 RobotTrader
RobotTrader's picture

Nobody uses the post office anymore.

Might as well shut the whole thing down.

The money saved can be used to rescue more banks, prop up stocks, and other things more important to the economy.

Mon, 12/05/2011 - 11:47 | 1946656 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Let's just have the US Postal Service go public.

Mon, 12/05/2011 - 12:06 | 1946762 francis_sawyer
francis_sawyer's picture

Legalize weed (under the auspices that it can only be delivered by USPS)... That oughta fix it...

Mon, 12/05/2011 - 14:04 | 1947235 DaveyJones
DaveyJones's picture

good point, having the postal go public sure beats having the public go postal

Mon, 12/05/2011 - 12:06 | 1946765 willien1derland
willien1derland's picture

+1,000 LH! - Goldman can take them public - need a snazzy new name like FaceMail or Mail-On...have all employees dress liek Zuckerberg or the late GREAT Steve Jobs, valuation, no problem there as Congress can create a 'competitive' market dynamic & even provide an initial stock take down into the FERS pension...Add a little Uncle Warren Preferred Stock, don't forget the exclusive IRS delivery franchise & VOILA - Market Cap of $60 Bazillion overnight - Capitalism at it FINEST -

Mon, 12/05/2011 - 11:48 | 1946664 SokPOTUS
SokPOTUS's picture

RT:  For as much abuse as you take around here; I'll have to give you a +1 for a post filled with both truth and snark.

Mon, 12/05/2011 - 11:49 | 1946671 pods
pods's picture

And Robo puts one in the cheap seats!



Mon, 12/05/2011 - 12:22 | 1946846 Stoploss
Stoploss's picture

Shocking, isn't it..

Mon, 12/05/2011 - 13:53 | 1947196 pods
pods's picture

Yeah, gotta give credit where credit is due.

Seems some here cannot accept a zinger from Robo?


Mon, 12/05/2011 - 11:59 | 1946719 The Axe
The Axe's picture

Thats the most up arrows Robot has ever got!!!! Way to go Robot... Of course i would like to buy the US Post Office if you are giving it away.  It costs .77 cents to send a 1st class letter in Germany, the US government won't allow the PO to sell tape and other such Staples type products...Parcel Post is a bargin. And the workers pension funds must be fully funded every year.... Why not take state DMV and make them at the PO....If run correctly the PO could and should be a great service and a money maker...

Mon, 12/05/2011 - 12:14 | 1946805 willien1derland
willien1derland's picture

Actually, I go out of my way to use the USPS - their service has been fine...I would be careful RT - USPS employees have been known to act on their passions - kinda like Xerox as a Brand - Going Postal has definitive brand recognition - and I PITY THE FOOL who must make the announcement for shutting down the Post Office - Hell knows NO FURY like that which is described as POSTAL!

Mon, 12/05/2011 - 11:45 | 1946648 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I know he works at the bad guys place (CFTC) but how can we not like what he has been saying lately?  If he follows through, we may witness some real change.

Bart Chilton Goes After Mother Fucking Global:


Mon, 12/05/2011 - 11:56 | 1946707 GeneMarchbanks
GeneMarchbanks's picture

Lets hope he is as potent here as the silver manipulation investigation.



Mon, 12/05/2011 - 11:46 | 1946651 realitybiter
realitybiter's picture

I have a question.

If the USPS goes away, as it likely will, how will they generate income to pay for their hundreds of thousands of pensioners?  How did Enron do it?  Lehman?


Isn't this a great opportunity to help us all understand that ALL defined benefit plans are frauds?  By design, they are fraudulent, because no one can predict the future.  You cannot predict whether technology will obsolete you, you cannot predict your returns, you cannot predict the inflation rate, etc.  

Defined benefit programs need to be completely demolished.  If we can state that they are fraudulent, then we can begin the process.  Next step is to return to every single participant their prorated, portion of what currently exists in the pension or savings program.  For Social security, likely you get zip.  Ditto for medicare.  


Mon, 12/05/2011 - 11:51 | 1946679 SokPOTUS
SokPOTUS's picture

Enron's .gov prosecutors tried to sue the income to pay pensioners from Ken Lay.  Then he died.  Mrs. Lay got to keep all the money since the case was on appeal and Kenny Boy hadn't been convicted yet.  So; at least one Enron pensioner was fully covered.


Mon, 12/05/2011 - 12:05 | 1946714 bob_dabolina
bob_dabolina's picture

Lou Pai knew what was going on and got out right before it collapsed taking hundreds of millions with him. 

He later became the 2nd largest land owner in Colorado. 


Mon, 12/05/2011 - 11:46 | 1946652 Stuck on Zero
Stuck on Zero's picture

Imagine if the USPS had been smart enough to give everyone in the U.S. a postal email box.  Something like: johndoe@usps.mbx.  Revenue would come from advertising etc.  Instead they're going to go the way of the pony express.

Mon, 12/05/2011 - 12:53 | 1946954 Ruffcut
Ruffcut's picture

Like I would want another fucking spam account.

Email is nothing but shit. WOrse than the usps junk mail.

ANd what is granny do for paying bills, have to pay 50 bucks more for internet and a shitty microsuck system. Good, you set up granny and pay her bill, every month.

Mon, 12/05/2011 - 15:04 | 1947560 realitybiter
realitybiter's picture

They can't do anything to cannibalize the old  system because there is no way they can right size the company without destroying their entitlements.  They are obligated, by design, to create and albatross.  It is full.  It will never  pencil.  Imagine if we had dreamed up this socialist entitlement crap before the telegraph.  There'd still be dudes riding around with mail sacks on their ponies.

It defies all market knowledge.

This is why all defined benefit plans must be deemed frauds and as illegal as any ponzi scheme.  You cannot accurately predict the future of anything.  Therefore, all future entitlements cannot be offered.  Ever.  True for healthcare, ss, medicare....and especially pensions.  You get a savings account with a value.  How it yields payout is up to you.

Mon, 12/05/2011 - 11:49 | 1946661 monopoly
monopoly's picture

It would be so simple, so easy, for Congress just to say, "no more mail on Saturdays". This would have a profound effect on USPS losses, and who the hell cares about Saturday delivery. UPS and Fed Ex. do not normally do Saturday delivery. Canada has not had Saturday delivery for years. Even the mentally challenged in Congress should be able to understand this if you use big letters and small words.

Yes it would cost jobs, sorry, we are bankrupt.

Mon, 12/05/2011 - 12:20 | 1946837 Clycntct
Clycntct's picture

Monday-Wednesday-Friday works for me.

Mon, 12/05/2011 - 12:47 | 1946927 ghostfaceinvestah
ghostfaceinvestah's picture

I have some relatives in Canada.  If there was ever Saturday service up there, it is before they remember it.  Also, they have never gotten home delivery - they have to go to their post office to pick up their mail and packages.

Americans have a distorted view of the cost/benefit of the public mail service.  The USPS is one of the few government services that actually overdelivers on a cost/benefit basis.


Mon, 12/05/2011 - 11:49 | 1946670 fuu
fuu's picture

Pretty sad that we can barely provide basic mail service for ourselves anymore.

Mon, 12/05/2011 - 12:10 | 1946787 francis_sawyer
francis_sawyer's picture

We couldn't maintain a gold standard... We couldn't maintain a silver standard... We couldn't maintain a copper standard... Now we can hardly even maintain a zinc standard...

~Ron Paul

Mon, 12/05/2011 - 11:50 | 1946676 HD
HD's picture

USPS slogan: We deliver for you! Eventually....if we have time...and we can find the place...and you don't have a big scary dog (we don't like scary dogs)...and then only on sunny days with a nice cooling breeze (but not too cool)...oh hell, just use email and UPS but if you really insist, We deliver for you!

Mon, 12/05/2011 - 11:52 | 1946684 GubbermintWorker
GubbermintWorker's picture

Wow! I see all these posts about how slow the mail is but yet, I've had good service via the USPS.  I use priority, and even just first class, on numerous occasions and the item arrives, or is received, in a couple of days.

And the fees are less than UPS or Fedex.

Mon, 12/05/2011 - 11:58 | 1946716 Flakmeister
Flakmeister's picture

A lot of people here never let facts get in the way of what their ideology tells them it should be..... 

Mon, 12/05/2011 - 12:05 | 1946760 fuu
fuu's picture


Mon, 12/05/2011 - 16:48 | 1948094 DaveyJones
DaveyJones's picture

we're just trying to be like our leaders

Mon, 12/05/2011 - 14:41 | 1947418 Bob Sacamano
Bob Sacamano's picture

Yes the fees are less, but not the costs.  That is the problem - losing money for many years.  Government world view somehow sees the amount charged for something as being equal to its cost.  Absurd.

Mon, 12/05/2011 - 11:54 | 1946693 DavidJ
DavidJ's picture

Here is my  ideas:


End Saturday delivery service.

3 days a week for low to mid volume customers.  [For an additional fee 5 day service will be provided, paid by mail recepient]

5 days a week for high volume customers.  



Mon, 12/05/2011 - 11:57 | 1946713 AngryGerman
AngryGerman's picture

even better improvement:

7 days per week - letter from your bank that you owe them money

1 day per year - your reply that they are wrong

Mon, 12/05/2011 - 12:00 | 1946736 Vic Vinegar
Vic Vinegar's picture

Your reply might have been better but I don't follow.  Pls explain.

Mon, 12/05/2011 - 11:58 | 1946721 Vic Vinegar
Vic Vinegar's picture

Your ideas are worthless even if they were good.

Mon, 12/05/2011 - 11:55 | 1946695 vegas
vegas's picture

You guys keep your jobs and the union. We will all deliver and send mail on our own. Would that help or do you need another subsidy? Just wondering.

Mon, 12/05/2011 - 11:55 | 1946704 sabra1
sabra1's picture

this is all engineered to stop all shipments of PM's! WHAT DO YOU MEAN, LOST IN MAIL?

Mon, 12/05/2011 - 11:56 | 1946705 Everybodys All ...
Everybodys All American's picture

Just out: Obama decides the post office should now be in charge of food stamps.

Mon, 12/05/2011 - 13:08 | 1947009 Ruffcut
Ruffcut's picture

And let the PO deliver the food,too!!!!

You want a letter delivered? YOu give the PM a can of spam. She delivers your letter and the can of food to someone on the WIC thingy list. Actually ramon noodles would be a more betterer idea.

When you need to pay the big banksters, you send your two used sides of the toilet paper.

They can also do garbage pick-up, too. Pick up laundry, scripts at the pharmacy, other good drugs from the boys in the hood. Possibility is stoopid and endless.

Mon, 12/05/2011 - 11:56 | 1946708 Temporalist
Temporalist's picture

Hmm, GSE's not doing well?  I guess one party should blame the other and that will make everything much better.

Mon, 12/05/2011 - 11:56 | 1946709 willien1derland
willien1derland's picture

In a show of support for the US Postal Service the Federal Reserve announces that all Primary Dealer Margin Calls will be delivered by the US Post Office & said payments to satisfy these margin calls will  be exclusively remitted through the post office's first class mail service - Better life through Government Bitchez! 

Mon, 12/05/2011 - 11:58 | 1946717 Seasmoke
Seasmoke's picture

thats another dagger in NFLX

Mon, 12/05/2011 - 11:59 | 1946725 RobotTrader
RobotTrader's picture


Chris Martenson's predictions are falling flat on their face.

Los Angeles gas prices hitting new 9 mo. lows this morning, natural gas prices are essentially free here after hitting world record lows.

Ag prices in freefall.

Joe Six is luxuriating in cheap commodity prices, no wonder stocks are climbing.


Mon, 12/05/2011 - 12:10 | 1946785 Dapper Dan
Dapper Dan's picture

Bobo trader,

Census figures show that from April 1, 2000 to April 1, 2010 US population grew from 281,422,000 to 308,745,000, an increase of 27,323,000. Bureau of labor statistics show that from April, 2000 to April, 2010 nonfarm payrolls decreased from 131,660,000 to 130,162,000. It is hard to escape the conclusion that over the last decade, which included bubble years as well as recession years, the US economy has been unable to create new jobs for its expanding population.

Cheap commodity prices but no jobs, that's a good thing in your world?

Mon, 12/05/2011 - 12:27 | 1946860 Dapper Dan
Dapper Dan's picture

Ruminate this,

From the CBO.GOV

1970 USA population.................203,323,175

1970 USA GDP...........................$1,013,000,000,000

2009 USA population.................305,745,538

2009 USA GDP...........................$14,326,000,000,000


In 1970   203 million people produced 1 trillion in GDP.

In 2009   305 million people produced 14 trillion in GDP. 

My question is this, how did the addition of 100 million people to the population in 2009 produce the additional 13 trillion in GDP?

When 200 Million people could only garner 1 trillion in 1970.

note: constant dollars only a nominal factor


Mon, 12/05/2011 - 12:44 | 1946902 Vic Vinegar
Vic Vinegar's picture

You replied to yourself after commenting on a RobotTrader post.  That seems akin to screaming at the wall about why there is so much corruption in the world.

You just earned a Katy Perry video:

Who gives a shit about 'constant dollars only a nominal factor'?  C'mon now - step it up dude.

Mon, 12/05/2011 - 12:53 | 1946959 Dapper Dan
Dapper Dan's picture


Warning! not a game for the Goyim.

Mon, 12/05/2011 - 13:04 | 1946999 Vic Vinegar
Vic Vinegar's picture

Not going to check that link after the 'Goyim' reference but I am happy to tell the ZH community I've converted to Judiaism.  After seeing all the lunatics here hate on Jews with no real answer of their own, I've found my true religion.  Tnx dude.

Mon, 12/05/2011 - 13:57 | 1947202 Monedas
Monedas's picture

You are now cradled in the symbolic arms of Monedas 2011 Comedy Jihad Unofficial Uninvited Spokeshole Gadfly For Anything Jewish That Moves Including Jews For Christ !

Mon, 12/05/2011 - 12:00 | 1946737 Katow-jo
Katow-jo's picture

I really don't get all of the USPS hate on zerohedge.  Maybe I'm blessed by living in a city with the best USPS service in the country?  I don't know.  I can honestly say that here USPS is often a few days FASTER than UPS or Fed Ex, except when UPS cheats and hires third party couriers to do intercity delivery.  USPS is CONSIDERABLY cheaper to ship EVERYWHERE.  I've never seen an unbearably long line in a post office.  I've never met a US postal worker who wasn't dedicated, personable, and knowledgeable about their job.  This includes letter carriers, truck drivers, and counter people.  The biggest problem with the post office right now is the closing of branches, cutting back service, and the brow beating they are getting over the overall cost. 

I think its deplorable that anyone here can brow beat the post office KNOWING that QE and bailouts and the FED piss away more money on useless endeavors than the post office.  The post office is my physical window to the outside world,  not some antiquated, useless branch of government.

Mon, 12/05/2011 - 13:29 | 1947084 Poofter Priest
Poofter Priest's picture

Those calling for the closure of the USPS don't really understand the whole picture IMO.

The P.O. is suffering due to the internet for one. It has been realized for a long time that this time would come. To an above post, the P.O. does not receive 'billions' from the Fed Gov.

The P.O. always ran in a cycle. They would project the cost of business, raise their rates accordingly to include X time of profit, X time of break even and X time of being in the red. This method helped reduce the number of times they raised their rates.

Sending a letter through the P.O. is still one of the best deals around.

I tried to use the P.O. service in Central America. It took just under a year for one letter and another plain never made it. I had to use a private postal service out of Miami. Cost....$10 for one letter.

Privatizing everything is not a good thing. Somethings should be run on a break even program. People fail to realize as they complain about some government services that if it were privatized, it would cost more and service would remain the same. You either pay in taxes or pay in profit to Wall Street. There is no lesser of two evils in that respect.

Mon, 12/05/2011 - 14:46 | 1947447 scam_MERS
scam_MERS's picture

Not hating on the PO, but I've had terrible service for years from them. In my previous city, they constantly misdelivered mail, every other day (no exaggeration) I got my neighbors mail, or they got ours. It got so bad that we went to the local PO and complained to the postmaster there, but the problem continued. We went a total of three times, and documented the problem - brought in other peoples mail to show them. Some of it was from streets away. The biggest issue was not getting our bills on time, or not at all. Many just disappeared, where we would have to say on top of it by calling the utility every month to find out how much our missing bill was so we didn't get a late fee or cut off.

We moved to a new home in a nearby city last year, and now the problem continues. Just last month, our cable bill never arrived. Gone, into the ether. In the past year, we've had several letters that were said to be sent to us that we never received, or got months late (from overseas, so we can't say for sure USPS was at fault). I sent a package of video tapes across country last year, the box never arrived, a couple of months later, we got a letter from USPS with the top of the box inside. The letter stated the box was "unfortunately" damaged in transit and the contents lost, and since it wasn't insured, we got no compensation for the loss. They "generously" offered to refund the postage.

Going back as far as ten years ago, in another city I lived in, the local mailman often dropped letters out of his bag (it was a walking route, mail delivery to front door MB). This happened so often that I used to watch him drop it in my front yard and I'd open the door and tell him about it. It almost became a joke. I have to wonder how many things over the years I never received because of incompetence and laziness. They even lost a check from a stock sale for over $50,000 once - guess whoever did receive it had a problem trying to cash it :) Luckily, I was able to have the check reissued.

My point is, if they can't even read an address to put a letter into the correct box, why do they even have jobs to begin with? This isn't rocket science. Read the address, put the mail in the correct box. I guess there aren't any consequences for poor service or misdelivered mail. No incentive to do a good job. It's getting progressively worse, IMO, over the years. More money for bad to terrible service.

Mon, 12/05/2011 - 12:01 | 1946738 Fix It Again Timmy
Fix It Again Timmy's picture

USPS is just displaying typical and normal governmental behavior - Inabilitiy To Deliver.  Why would anyone be surprised?

Mon, 12/05/2011 - 12:01 | 1946741 Tsar Pointless
Tsar Pointless's picture

We live on the border of the town of Pittsburgh, PA.

Our letter carrier doesn't come at least once - sometimes twice - a week already.

Two of the proposed post office closures will be in downtown Pittsburgh.

And our county's port authority system is facing massive cuts next year. Upwards of 600 jobs could be slashed.

But the Steelers are going to make the NFL football playoffs, and TRUST ME - that is the most important news story in this area.

Mon, 12/05/2011 - 12:15 | 1946813 francis_sawyer
francis_sawyer's picture

They lost to the Ravens TWICE... Which I suppose means instead of hosting a playoff game at Heinz Field, Steeler fans can "mail themselves" (& their fucking idiot towels) to the city of whoever they end up playing on the road...

Mon, 12/05/2011 - 12:08 | 1946771 El Gordo
El Gordo's picture

Boss, our company is in trouble.  Should we seek out ways to become more competitive and regain some of that lost market share, take a look at our per capita productivity and look for ways to modernize and streamline our operations to provide better service.


No son, you just don't understand business.  We just keep on doing what we've been doing, except we will do it worse than we used to and charge more for it.  That should prove to be a winning strategy.


You're right Boss, I just don't understand how a business works.

Mon, 12/05/2011 - 12:08 | 1946772 Dr. Engali
Dr. Engali's picture

Okay... whatever happened to forward thinking in this country?

Mon, 12/05/2011 - 12:09 | 1946778 TheSettler
TheSettler's picture


Occupy Wall St.

Report: Obama issues Ron Paul "kill order"

Russia's Federal Security Service (FSB) reported on Dec. 1 that the “secret letter” sent to Prime Minister Putin by Japanese Prime Minister Yoshihiko Noda contains a warning that United States President Barack Obama has issued an executive-level “kill order” against U.S. Congressman Ron Paul over fears this charismatic politician, who many believe could capture the Republican Presidential 2012 nomination, is about to expose to all Americans what can only be described as the largest mass theft in human history.

The “kill order” is a metaphor for silencing down Congressman Ron Paul in the mass media as if he doesn't exist.

According to this report, Prime Minister Noda first became aware of this “kill order” after a private meeting with Obama at last week's ASEAN Summit meeting in Indonesia when the American President expressed his “unconstrained joy” over the toppling of the Greek and Italian governments in bloodless coups by EU banksters who installed to run these countries unelected former Goldman Sachs executives.


Not known to many Americans is that the giant global investment firm Goldman Sachs put Obama into office by being its top donor and after winning the Presidency put so many of its former executives into the U.S. government it is known as the “Wall Street Cabinet.”

The reason for Goldman Sachs, and other top American and European banksters, putting Obama into office, this report continues, was to loot the Americans taxpayers of an estimated $100 Trillion…nearly $30 Trillion of which went directly into the pockets of international banksters around the world and another $70 Trillion in lost home values, stock portfolios and pensions funds.

The main conduit of this massive theft was the U.S. Federal Reserve System which during the 2008 Financial Crisis secretly doled out, without the American peoples knowledge, over $16 Trillion to European banks and companies and another nearly $8 Trillion in “secret loans” to the largest banks in the United States.

Causing Obama and his bankster allies to fear Ron Paul, this report continues, is the Congressman's ability to hold U.S. Congressional hearings on the $8 Trillion in secret loans to the largest banks in American without the public's knowledge exposing this largest theft in human history and laying bare for all to see the total criminality of their entire elite political, financial and corporate class.

The fears Ron Paul is causing among Americas elite classes appear to be justified as he recently likened the U.S. Federal Reserve System to “drug addiction” warning that the deception it has foisted upon the public will lead to the destruction of the United States.


Mon, 12/05/2011 - 12:14 | 1946795 yogibear
yogibear's picture

Time to ask for more money. It's that time of year when everyone gets bailed out. USPS should be spending as much as they can and asking for more money. Just like Fannie, Freddie and others. Bernanke is bailing out the world, so we can bail out the USPS. Endless streams of money. Just print it. Just like the make-believe movies where you can make 1 horse into millions, billions, trillions therough digital reworking. Make one US dollar into trillions.

Mon, 12/05/2011 - 12:15 | 1946807 earleflorida
earleflorida's picture

the u.s. gov't is the biggest union in the world, and they suck at what they do, period!

post office takes 5days to mail a letter accross town in fl., pathetic.

then they hook you with 'priority mail that started out 2-3days delivery now taking 3-5days with no recourse for the latter, which 99% of the time is the actual delivery date. try getting overnight costing a small fortune --- screw the uspo

get rid of it!

Mon, 12/05/2011 - 12:18 | 1946823 Jack Burton
Jack Burton's picture

Kill Saturday delivery first.

Take a look at the level of supervisors to workers, I understand it is double the private sector ratio.

Close all the small post offices and contract that work to local small business, like any store in town that wants the contract. Sweden does this and has for over a decade.

Sorry workers, but an across the board pay cut to save your jobs is also needed. Go from 40K+ a year to 35K

go to more curbside delivery in grup boxes for each block. A man walking up your stairs to your front door 6 days a week to deliver to your box by the door? Sorry, it is 2011. Go to the curbside and get it out of a lock box.

Many other ideas. Why aren't they tried? Because congress wants to kill the USPS.

Oh, some of you check your facts, USPS doesn't draw tax dollars. No. Not the way I understand it. This was made a self supporting agency in the 70s I believe.

Mon, 12/05/2011 - 12:18 | 1946825 digalert
digalert's picture

CNBC (Obama campaign channel) reporting the USPS is also struggling with how to get out of mandatory Obama-care cost.

My guess is the USPS will soon join the 1700 +/- Obama friendly companies that have recieved waivers.

Mon, 12/05/2011 - 12:19 | 1946831 ThisIsBob
ThisIsBob's picture

I'm optimistic that reeducing service and raising fees will put them right on the right track.

Mon, 12/05/2011 - 12:20 | 1946840 pepperspray
pepperspray's picture

Return To Sender

Not At This Address

Moved Left No Address


Addressee Unknown

No Longer At This Address

Do Not Forward

Return to Sender if Undeliverable

Please forward


Mon, 12/05/2011 - 12:27 | 1946859 agNau
agNau's picture

Gee, slowing "velocity" at the post office!
What a surprise!
Seasonally adjusted?

Mon, 12/05/2011 - 12:40 | 1946893 UTICA CLUB XX PURE

Deliver De Letter De Sooner De Better De Later De Madder De Getter De Bitches


Do NOT follow this link or you will be banned from the site!