DUH!!
Government is bad.
Go figure.
ARE THE UNIONS & HEALTH-CARE PLAN BAD FOR THE POSTAL SERVICE?
~ The Rebel ~
2011/08/14 04:20:18
Postal Service proposes cutting 120,000 jobs, pulling out of health-care plan
The financially strapped U.S. Postal Service is proposing to cut its workforce by 20 percent and to withdraw from the federal health and retirement plans because it believes it could provide benefits at a lower cost.
The layoffs would be achieved in part by breaking labor agreements, a proposal that drew swift fire from postal unions. The plan would require congressional approval but, if successful, could be precedent-setting, with possible ripple effects throughout government. It would also deliver a major blow to the nation’s labor movement.
In a notice informing employees of its proposals — with the headline “Financial crisis calls for significant actions” — the Postal Service said, “We will be insolvent next month due to significant declines in mail volume and retiree health benefit pre-funding costs imposed by Congress.”
Read More: http://patriotupdate.com/10769/postal-service-prop...
Top Opinion
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Steve J~PWCM~JLA 2011/08/14 05:03:45
Sveriges Post (The Swedish Post office) was in same sort of mess 13 years ago. It was privatised. Now it is doing robust business and showing profit.
Government is bad.
Go figure.
"I've spoken of the shining city all my political life, but I don't know if I ever quite communicated what I saw when I said it. But in my mind it was a tall proud city built on rocks stronger than oceans, wind-swept, God-blessed, and teeming with people of all kinds living in harmony and peace, a city with free ports that hummed with commerce and creativity, and if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it and see it still."
I do. I still see it.