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-   -   US Post Office Nearing Default as Losses Mount (http://www.professionalsoldiers.com/forums/showthread.php?t=35006)

SF_BHT 09-05-2011 16:40

There have been over 168 arrested here in PR since Jan 2011. Guess they need more Taxpayer money so they do not have to subsidize their income and we will not have to put so many in jail.:eek:

Richard 09-05-2011 17:17

I watched a report on this tonight - they aren't asking for $$ but for permission to change the way they do business IAW best business practices and pretty much // the UPS/FEDEX models as far as employee salaries and benfits go.

Richard :munchin

wet dog 09-05-2011 17:21

Quote:

Originally Posted by Richard (Post 412959)
I watched a report on this tonight - they aren't asking for $$ but for permission to change the way they do business IAW best business practices and pretty much // the UPS/FEDEX models as far as employee salaries and benfits go.

Richard :munchin

And it will become a pension heavy legacy organization much like the auto unions.

Govt., retirement I'm ok with, (i.e., armed forces), but these folks move too slow and expect too much.

Guy 09-05-2011 18:05

Interesting from the APWU President:

Quote:

But in fact, the federal government is holding billions of dollars of USPS overpayments to its pension accounts, and doesn’t need a bailout. The USPS has a surplus of $6.9 billion in its FERS account, and, according to two independent actuarial studies, has overpaid the CSRS account by $50 billion to $75 billion.
Quote:

Not a Single Cent

Regrettably, many citizens mistakenly believe the Postal Service is funded by the federal government. Of course, that’s not the case: The USPS is supported by the sale of stamps and postage — not taxpayers.


Many politicians also fail to grasp this important fact — or they choose to ignore it. They portray the USPS as a burden on the American people and characterize any effort to correct the unfair pre-funding mandate or the pension overpayments as a “bailout.”

To help dispel the “bailout-burden” myth, the APWU launched a nationwide television ad campaign on July 11, with spots airing on CNN, MSNBC, and FOX News. The union’s 30-second ad has a very direct message: It describes the enormity of the job postal workers perform, and ends with a simple question and response: Ever wonder what this costs you, as a taxpayer? Not a single cent.

Our message must have been effective, because the day it began airing Rep. Issa called the ad “misleading,” and asked the union to cancel it. We rejected his request, writing, “The Postal Service is not subsidized by taxpayers. We will continue to publicize this important truth.” As we go to press, we are planning the next phase of our media campaign.
Stay safe.

SF_BHT 09-05-2011 18:16

Quote:

Originally Posted by Richard (Post 412959)
I watched a report on this tonight - they aren't asking for $$ but for permission to change the way they do business IAW best business practices and pretty much // the UPS/FEDEX models as far as employee salaries and benfits go.

Richard :munchin

Yes they are but the Union is fighting going to that model. They are so afraid of losing what they have. I work a lot with USPS inspectors and they are so short sighted. They seriously think it will just fix it self. They scare me some times when we discuss this. Also they do not think that they are doing anything wrong and that UPS/FedEx/DHL are just evil and the cause of the whole problem and will not accept that they are not providing a good service.

1stindoor 09-06-2011 09:08

Quote:

Originally Posted by SF_BHT (Post 412971)
They seriously think it will just fix it self. They scare me some times when we discuss this. Also they do not think that they are doing anything wrong and that UPS/FedEx/DHL are just evil and the cause of the whole problem and will not accept that they are not providing a good service.

Agreed. I've known several Postal employees over the years...they all point to the private companies as part of the problem. Personally, I don't think they're capable of getting themselves out of the red ink until they close offices, reduce delivery days, and cut back their workforce.

The Reaper 09-06-2011 18:11

Quote:

Originally Posted by SF_BHT (Post 412951)
There have been over 168 arrested here in PR since Jan 2011. Guess they need more Taxpayer money so they do not have to subsidize their income and we will not have to put so many in jail.:eek:

My mail was constantly stolen by the USPS in PR, and magazines arrived late and pre-read.

I am so happy to be out of that place.

TR

SF_BHT 09-06-2011 19:03

Quote:

Originally Posted by The Reaper (Post 413128)
My mail was constantly stolen by the USPS in PR, and magazines arrived late and pre-read.

I am so happy to be out of that place.

TR

I know and it has not gotten any better since you were here. We are doing our best to make new Job Openings at the USPS here as we can. Thank God for the hiring freeze so they can not replace them with worse ones........

I am coming up on a tour renewal and am having to really think about it. If the diving was not as good as it is in the BVI and USVI I would have never come here.

They do keep us busy here....... we are not wanting for Tgt's


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