US postal service

[The Big East]

The Post Office is a huge underutilized asset in this country. Tremendous real estate and has one hundred percent coverage to the consumer.

Here is my plan:

1. The congressional mandate to pre fund 75 years of post retirement benefits needs to go away. This will allow the service to hire more workers
2. With expanded works  Expand Office hours and deliveries to 7 days a week.
3. Add services available at Branches by offering some basic low cost banking services. Lots of people  don't have bank accounts. Post Office could become a very profitable bank very quickly.
4. Increase the last mile charge to other carriers who utilize the post office.

[MU82]

Don't worry, y'all. Florida is being cleared for mail-in voting.

[Hards Alumni]

The Post Office is a huge underutilized asset in this country. Tremendous real estate and has one hundred percent coverage to the consumer.

Here is my plan:

1. The congressional mandate to pre fund 75 years of post retirement benefits needs to go away. This will allow the service to hire more workers
2. With expanded works  Expand Office hours and deliveries to 7 days a week.
3. Add services available at Branches by offering some basic low cost banking services. Lots of people  don't have bank accounts. Post Office could become a very profitable bank very quickly.
4. Increase the last mile charge to other carriers who utilize the post office.

Actually, very reasonable.  Eliminates the pay day loan business, ideally.

[Spotcheck Billy]

My B-i-L always gets some sort of USPS money orders when he sends us $ as things like Paypal etc. are too much for him to navigate.

[Coleman]

The Post Office is a huge underutilized asset in this country. Tremendous real estate and has one hundred percent coverage to the consumer.

Here is my plan:

1. The congressional mandate to pre fund 75 years of post retirement benefits needs to go away. This will allow the service to hire more workers
2. With expanded works  Expand Office hours and deliveries to 7 days a week.
3. Add services available at Branches by offering some basic low cost banking services. Lots of people  don't have bank accounts. Post Office could become a very profitable bank very quickly.
4. Increase the last mile charge to other carriers who utilize the post office.

This is common in other countries https://en.wikipedia.org/wiki/Postal_savings_system

[shoothoops]

23 U.S. Postal Executives were either displaced or reassigned today:

https://twitter.com/jameshohmann/status/1291877554828259331?s=19

[Elonsmusk]

You can roll your eyes, Wags, but that doesn't stop efforts to privatize USPS. Of course the single biggest reason is because they have a strong union and nothing makes these people happier than busting unions.

Times change, needs change. So as I said, the sides need to get together to come up with solutions.

https://www.csmonitor.com/1995/0207/07014.html

https://www.govexec.com/management/2018/09/dozens-senators-both-parties-push-measure-block-trumps-usps-privatization-plan/151396/

https://www.mahablog.com/2020/04/12/the-republican-plan-to-kill-the-us-postal-service/

https://ourfuture.org/20130210/you-should-be-outraged-by-what-is-being-done-to-our-post-office

https://www.workers.org/2013/08/10387/

What are your thoughts on Unions as it relates to Police Departments? You a big fan of the "blue wall?" Unions are corrupt, unnecessary, and protect the worst among the work force.  No incentive to strive for excellence when things like tenure, and virtual termination-free work environment exists.

[jficke13]

What are your thoughts on Unions as it relates to Police Departments? You a big fan of the "blue wall?" Unions are corrupt, unnecessary, and protect the worst among the work force.  No incentive to strive for excellence when things like tenure, and virtual termination-free work environment exists.

but whatabout...

[Jockey]

23 U.S. Postal Executives were either displaced or reassigned today:

https://twitter.com/jameshohmann/status/1291877554828259331?s=19

To destroy a country, as Putin wants, means destroying the most trusted institutions. The 2 most trusted in this country are USPS and Social Security.

They are both under attack this week.

[Elonsmusk]

To destroy a country, as Putin wants, means destroying the most trusted institutions. The 2 most trusted in this country are USPS and Social Security.

They are both under attack this week.

And you think Russia is a threat to the U.S.?  TF outta here with that.  China is the enemy and its not even a contest.

[Elonsmusk]

but whatabout...

Lightweight response when you can't debate the point...typical for the all too often, misguided, "progressive" liberal.

[jesmu84]

What are your thoughts on Unions as it relates to Police Departments? You a big fan of the "blue wall?" Unions are corrupt, unnecessary, and protect the worst among the work force.  No incentive to strive for excellence when things like tenure, and virtual termination-free work environment exists.

Like everything else in life, there are pros and cons of unions.

However, the current obstacles the USPS faces has nothing to do with unions

[jficke13]

Lightweight response when you can't debate the point...typical for the all too often, misguided, "progressive" liberal.

lol, buddy you've got no idea.

[Jockey]

And you think Russia is a threat to the U.S.?  TF outta here with that.  China is the enemy and its not even a contest.

China is the #1 enemy for influence in developing countries around the world.

China is the #1 enemy for technological expertise.

But, Russia is the one that gives trump his marching orders. That is the most dangerous enemy at this point in time.

[dgies9156]

Don't worry, y'all. Florida is being cleared for mail-in voting.

Brother MU, I voted in Florida's August 18 primary by mail. If the rest of the state is anything like my county, I'm pretty confident in the integrity of the system.

Brother Trump, As to having the postal service act as a bank for low-and moderate-income persons, ARE YOU NUTS??????? Let's suppose the postal service is successful in pulling in say $25 billion nationally. Where would you propose the Postal Service place that money? What types of lending decisions, lending policies, OFAC and AML policies would you instill for the postal services. Do you really want the federal government competing with everyone from the West Bumfork Credit Union to JP Morgan Chase -- at the federal government's borrowing rate?

We have banks for low and moderate income people. They're called Credit Unions and they work reasonably well, thank you very much.

Then there's everything from ALM to CECL to Reg O and every other reg imaginable for which the postal service will have to comply. The compliance cost alone would be in the billions on start-up and the oversight is beyond anything the postal service is used to. Would you regulate the Post Office with the Comptroller of the Currency, FDIC or, possibly, the NCUA.

The post office has done a bad enough job of delivering mail and becoming relevant in the 21st century. The implications for this style of management in banking is frightening -- as in bring down the economy frightening!

[rocket surgeon]

China is the #1 enemy for influence in developing countries around the world.

China is the #1 enemy for technological expertise.

But, Russia is the one that gives trump his marching orders. That is the most dangerous enemy at this point in time.

source please?  if this is your opinion, drop whatever it is you are doing and seek help

[Coleman]

And you think Russia is a threat to the U.S.?  TF outta here with that.  China is the enemy and its not even a contest.

LOL, as if we can only have one adversary

[MU82]

23 U.S. Postal Executives were either displaced or reassigned today:

https://twitter.com/jameshohmann/status/1291877554828259331?s=19

It is criminal what is going on with the U.S. Postal Service.

Just when we need to do everything possible to make the mail service gear up at a major time of need -- with an election only months away, during a global pandemic -- the emperor is doing everything in his power to make it likely that there will be huge problems. Then he can call it a "disaster" and "rigged."

Shameful.

[Jockey]

It is criminal what is going on with the U.S. Postal Service.

Just when we need to do everything possible to make the mail service gear up at a major time of need -- with an election only months away, during a global pandemic -- the emperor is doing everything in his power to make it likely that there will be huge problems. Then he can call it a "disaster" and "rigged."

Shameful.

Destroy institutions that people love if you want to create unrest.

[TSmith34, Inc.]

Destroy institutions that people love if you want to create unrest.

I don't believe the plan is that complex; the simple answer IMO is he is attempting to sabotage the mail in vote. Nothing more, nothing less.

[Coleman]

I was listening to an interview with the Economist podcast and a lifelong Republican campaign manager who had worked for George W. Bush and Romney campaigns said really the only way for Trump to win at this point is voter suppression, and that is what he is going to do. He mentioned sabotaging the mail in vote explicitly. This from a REPUBLICAN campaign worker.

It is insane to me how this is being done so openly and brazenly in supposedly the land of the "free." We might not even have a free and fair election this fall.

[vogue65]

The Post Office is a huge underutilized asset in this country. Tremendous real estate and has one hundred percent coverage to the consumer.

Here is my plan:

1. The congressional mandate to pre fund 75 years of post retirement benefits needs to go away. This will allow the service to hire more workers
2. With expanded works  Expand Office hours and deliveries to 7 days a week.
3. Add services available at Branches by offering some basic low cost banking services. Lots of people  don't have bank accounts. Post Office could become a very profitable bank very quickly.
4. Increase the last mile charge to other carriers who utilize the post office.

Who are you kidding?
Don't you know the plan?
Bankrupt the government and flush it down the drain.
Don't you know the pension prefund scheme is part of the plan?
No corporation does anything like that.
Furthermore, government plans are typically pay as you go from taxes.
Government plans are not covered by ERISA or insured by PBGC.

So what's the plan for the post ffice?
Privatization, along with all government services.
Schools, water, police and fire, prisons, air trafic control, transportation, you name it.
The only opportunity left for capitalism is to monitize the public sector.

Great plan, Wall Street makes money, minorities lose their jobs and the last vestages of unions get crushed.

Then the starving masses can again work in sweat shops at coolie wages, just like the good old days.

[Skatastrophy]

I feel like the US government doesn't realize how many invoices are still paid by physical check via USPS in the United States. The move to slow down mail is causing payments to be delayed, which is causing a cash flow crunch for businesses. All during a severe economic downturn.

[jficke13]

I feel like the US government doesn't realize how many invoices are still paid by physical check via USPS in the United States. The move to slow down mail is causing payments to be delayed, which is causing a cash flow crunch for businesses. All during a severe economic downturn.

I saw a call for everyone to turn off their auto-bill-pay, and to start paying all periodic debt payments by mail by physical checks and see how long before JPM/Wells/Citi/USB/Etc. start twisting arms to get the Post Office back to running smoothly.

Will this happen? nope. Will delayed payments cause serious problems? Yep.

My boss got something in the mail a couple weeks ago that had been postmarked in March. He was fine because it was a physical CD from a weird guitarist. Gonna sting when the rent checks start getting stuck in USPS limbo.

[Jockey]

I saw a call for everyone to turn off their auto-bill-pay, and to start paying all periodic debt payments by mail by physical checks and see how long before JPM/Wells/Citi/USB/Etc. start twisting arms to get the Post Office back to running smoothly.

Will this happen? nope. Will delayed payments cause serious problems? Yep.

My boss got something in the mail a couple weeks ago that had been postmarked in March. He was fine because it was a physical CD from a weird guitarist. Gonna sting when the rent checks start getting stuck in USPS limbo.

Except that is the plan. Once people start complaining about slow delivery, it will give these people more ammunition to demand privatization.