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Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59100  
Subject: Re: Oopss....error...error Date: 10/29/2009 9:06 AM
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http://www.topgunfp.com/us-post-office-to-run-7-billion-defi...

"US Post Office To Run $7 Billion Deficit In 2009"



http://www.bloomberg.com/apps/news?pid=20601110&sid=awDt...

"The U.S. Postal Service faces deficits of $5 billion or more “this year and every year” unless lawmakers ease restrictions and let the agency operate more like a business, Postmaster General John Potter said today. "

"The service, after a reprieve from Congress that let it postpone $4 billion in future retiree-benefit payments, still expects a loss of more than $3 billion for fiscal 2009, which ended Sept. 30"

The "POst Office" is building up tens of billions of liabilities which the tax payer will have to pay off. Thus, it is a tax payer funded operation now. Those Postal Unions need to be rewarded under Obaam.....

What, you thought there was a free lunch? And that the postal workers would get no retirement? ha.....

The Post Office is congress's little toy.

Now, just who do you think pays for all the 'free mail' that Congresspeople can send out 'free'? Ha....another joke...of course it is the taxpayers ...subsidizing the post office.......

You really bought into the joke of privitization?

t
t.
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