The moves comes as the USPS struggles to meet a Congressional demand it pre-fund billions in retirement obligations 75 years in the future.
U.S. Postal Service Ending Saturday Delivery
by The Rambling Fool •
Tag Archive for Fedex
44 Seconds To Dispel Myth That Tax Hikes on Top 2% Kills Jobs (VIDEOS)
by Egberto Willies •
FedEx CEO stands behind taxing the wealthy, but don’t start patting him on the back just yet.
P.O.’ed About The Post Office “Debate”
by Ann Werner •
Republicans want to privatize the Post Office, just like they want to privatize health care, social security and anything else they can think of where they can squeeze an extra buck out of the American public and give them less for their money.
Give The Republicans What They Want: Privatize The Post Office
by Teeluck Sooknarine •
Many in the US do not know that the republicans put a really large weight around the neck of the Postal Service and is trying to drown it by requiring them to prefund their retirement and pension benefits for the next 75 years…and do so in a 10 year period. A phenomenal and impossible feat that means that the Postal Service will have to find 5 1/2 Billion dollars each year to fund this. Instead of helping to create jobs this could cause at least 120,000 jobs to be lost.