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  1. #1
    Jenna's Avatar
    Jenna is offline sheep
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    Post office close to default

    As the U.S. Postal Service begins shuttering offices across the country to stem their ever-growing $9.2 billion deficit, the entire agency now faces default and could shut down next summer, USPS spokesman Dave Partenheimer told ABCNews.com today.

    "Right now we think we can make it through until next summer most likely but then some hard choices will have to be made," he said. "That's why it's such an urgent crisis."

    USPS owes $5.5 billion to fund future retirees' health benefits, and next year it may not have money to pay its 560,000 employees. Partenheimer said that by Sept. 30, the end of the USPS fiscal year, the agency will have reached its borrowing limit of $15 billion.
    More here: Postal Office Nears Default, May Close Next Year - ABC News

  2. #2
    pgg's Avatar
    pgg
    pgg is offline Damnit, I'm hungry again.
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    Nice to see that our government can be efficent at something.
    'Political Correctness is a doctrine fostered by a
    delusional, illogical liberal minority, and rabidly
    promoted by an unscrupulous mainstream media, which
    holds forth the proposition that it is entirely
    possible to pick up a turd by the clean end!'

    A fear of weapons is a sign of retarded sexual and emotional maturity. Sigmund Freud

  3. #3
    jcsdscott's Avatar
    jcsdscott is offline The short minister
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    What do you expect when it's much easier to use means other than USPS to ship anything, anywhere?
    Romans 8:28-31

    "Anima Sana In Corpore Sano"

    The opinions, beliefs, and ideas expressed in this post are mine, and mine alone. They are NOT the opinions, beliefs, ideas, or policies of my Agency, Sheriff, County Board, or any member of my department.

  4. #4
    Odd's Avatar
    Odd
    Odd is offline Cosmonaut Trainer
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    The Post Office has become an honorary Kardashian. Let's review :

    Wastes our time at every opportunity
    Loses money at an amazing rate
    Rain, snow, sleet, night can't stop attention whoring
    Variety of stamps - on tramps and envelopes
    Increasingly difficult to justify their existence

    Then they get hopes up that they're going away...just to demand more money and attention.
    The only thing lacking is a sex tape.

 

 

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