Home > Miscellaneous > USPS Loses $15.9 BILLION – But Bosses Receive Hefty Compensation & Raises

USPS Loses $15.9 BILLION – But Bosses Receive Hefty Compensation & Raises

TWG: I have NEVER met a polite postal worker.  They’re arrogant, rude and abusive.  Not sure why we’re still funding them with the electronic age. The only mail I get now is junk mail.  Everything else is handled online, via cell phone or directly.  Imagine the trees we’d save and the decrease in fossil fuels if we’d just shut these useless grunts down.   The USPS is a total WASTE.  Let private industry handle what the USPS so obviously hate doing.  I know I’d be happier without having to empty and throw away boxes of junk mail each month.

Posted on http://www.mygovcost.org

USPS Loses $15.9 Billion – But Bosses Get Hefty Compensation Raises

Monday November 19th, 2012   •   Posted by K. Lloyd Billingsley

In October we noted that the U.S. Postal Service (USPS) had recently defaulted on a $5.6 billion mandate to pre-fund retiree health benefits, the second time in two months the USPS had failed to deliver. In August it failed to make a $5.5 billion retirement prepayment slated for last September, which Congress conveniently deferred. We concluded that the USPS is a “certified deadbeat and also a big-time loser,” which has now been certified…. (Con’t)

CONTINUE READING: http://www.mygovcost.org/2012/11/19/usps-loses-15-9-billion-but-bosses-get-hefty-compensation-raises-2/

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