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USPS Fiscal WoesFollow

#1 Oct 07 2011 at 10:43 AM Rating: Good
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http://redtape.msnbc.msn.com/_news/2011/10/07/8191425-twisted-government-accounting-behind-postal-service-woes wrote:
There's a long and a short story to the tragic tale of Postal Service financial trouble. I'll start with the short one. Right now, the Postal Service is being forced to pre-pay health benefits for the next 75 years during a 10-year stretch. In the past four years, those prepayments have totaled $21 billion. The agency's deficit during that time is about $20 billion. Remove these crazy pre-payments — a requirement that no other government agency endures and no private industry would even consider — and the Postal Service would be in the black.


Granted, that's an msnbc story and is probably over-hyped at least a little bit. So I went digging into the actual Act that was enacted to see how over-hyped the story was. Relevant section is Section 8909a. found on page 55 of 67.

In short, it appears that it is true there is a a provision in place that does require payment from the USPS to a Treasury-controlled account, and it doesn't seem to me that it defines what "payments" are permitted via use of the capital in that fund. That seems pretty obnoxious to me, ontop of being entirely unnecessary. If you're going to cut-off an agency from funding, then do it all the way.
#2 Oct 07 2011 at 11:03 AM Rating: Decent
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The pre-payment issue aside, the USPS has served it's purpose. Mail is no longer necessary for communication or document transfer. Package delivery is provided at comparable cost and timeliness by private companies.

I don't think it's yet time for the mail to go completely, but I can certainly see reducing the service to a couple days a week and perhaps dropping package delivery.
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#3 Oct 07 2011 at 11:42 AM Rating: Excellent
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I still write letters to various people and drop them in the mail, usually for a birthday or special occasion. But I'm a romantic sap.

When Ray was deployed, I wrote a letter in the morning and a letter in the evening to him and he got quick chatty emails from me all day long. And he got a care package every other week. His shipmates hated him during mail call. Some guys would get 1 or 2 letters. And then the mail guy would hand Ray about 30 letters and tell him to pick up his care packages down at the hold. Then they would crowd around Ray when he opened up his care packages because there's only so many treats he could eat and magazines he could read.
#4 Oct 07 2011 at 11:44 AM Rating: Excellent
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Elinda wrote:
Package delivery is provided at comparable cost and timeliness by private companies.

Except the major package carriers use the US Postal Service on a regular basis in the course of their deliveries.

When you UPS a package to some guy in Tardsack, New Mexico, UPS takes it as far as their normal distribution routes go and then hand it off to the USPS to finish the delivery since USPS is going there anyway and UPS doesn't have a distribution center anywhere in the area. Without that, UPS would need to pay some guy in brown shorts to drive two hours out into the desert just to drop off your one box and you would be paying considerably more for that service. All the major package carriers do this and they do it all the time.

Edited, Oct 7th 2011 12:49pm by Jophiel
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#5 Oct 07 2011 at 11:45 AM Rating: Excellent
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I love getting mail and care packages while deployed. Most of all it beat overpaying for supplies at the ******* PX.
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#6 Oct 07 2011 at 11:56 AM Rating: Excellent
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lolgaxe wrote:
I love getting mail and care packages while deployed. Most of all it beat overpaying for supplies at the @#%^ing PX.


Then you would have loved being on the Carl Vinson with my husband during cruise. His brother sent off some liquor-filled chocolates that miraculously weren't melted or broken during transit. Ray started selling those things for $5 a piece. And his workcenter loved the movies, magazines and stuffed animals I sent (the creative AND NONPERVERT games these sailors made up with stuffed animals can only point to the stress and boredome they go through).
#7 Oct 07 2011 at 12:01 PM Rating: Excellent
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I don't see why the USPS can't cut back residential deliveries to three days a week.

Businesses receive considerably more mail, generally payments from customers, so daily service (Mon-Fri) would likely have to continue.
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#8 Oct 07 2011 at 12:01 PM Rating: Decent
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Jophiel wrote:
Elinda wrote:
Package delivery is provided at comparable cost and timeliness by private companies.

Except the major package carriers use the US Postal Service on a regular basis in the course of their deliveries.

When you UPS a package to some guy in Tardsack, New Mexico, UPS takes it as far as their normal distribution routes go and then hand it off to the USPS to finish the delivery since USPS is going there anyway and UPS doesn't have a distribution center anywhere in the area. Without that, UPS would need to pay some guy in brown shorts to drive two hours out into the desert just to drop off your one box and you would be paying considerably more for that service. All the major package carriers do this and they do it all the time.

Edited, Oct 7th 2011 12:49pm by Jophiel

Ok, so I didn't think about that.

Still, the post office can't continue to provide the same service at the same price as the demand just isn't there anymore.
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#9 Oct 07 2011 at 12:22 PM Rating: Excellent
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They really need to drop the Saturday service altogether. And yeah, residential 3 days a week would be fine, I'm sure. I usually never get mail more than that anyway, and sometimes it's only once or twice a week.
#10 Oct 07 2011 at 1:10 PM Rating: Excellent
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Thumbelyna Quick Hands wrote:
And his workcenter loved the movies, magazines and stuffed animals I sent (the creative AND NONPERVERT games these sailors made up with stuffed animals can only point to the stress and boredome they go through).
We had families and church groups and random people sending us boxes upon boxes of stuff. We found a lot of uses for the stuffed animals, too. Smiley: laugh At the end of the last deployment we filled up one of the little fridges we had to the brim with them, and set off a grenade. GLORIOUS.
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#11 Oct 07 2011 at 2:51 PM Rating: Excellent
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lolgaxe wrote:
Thumbelyna Quick Hands wrote:
And his workcenter loved the movies, magazines and stuffed animals I sent (the creative AND NONPERVERT games these sailors made up with stuffed animals can only point to the stress and boredome they go through).
We had families and church groups and random people sending us boxes upon boxes of stuff. We found a lot of uses for the stuffed animals, too. Smiley: laugh At the end of the last deployment we filled up one of the little fridges we had to the brim with them, and set off a grenade. GLORIOUS.


Smiley: lol Apparently, some of the first bombs that were dropped on Afghanistan and Iraq had stuffed animals taped to them. Ray won't confirm that, but that's what I heard from someone else.
#12 Oct 07 2011 at 3:15 PM Rating: Decent
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#13 Oct 08 2011 at 6:17 AM Rating: Good
Demea wrote:
I don't see why the USPS can't cut back residential deliveries to three days a week.

Businesses receive considerably more mail, generally payments from customers, so daily service (Mon-Fri) would likely have to continue.
This could be done, easily. Close half the post offices. Set up groups of 2 adjacent areas. Each group could an 'A' zone and a 'B' zone; A's would get delivery on Mon Wed Fri, B's would get in Tues Thurs Sat. It would mean massive layoffs, but the remaining offices would be able to keep their normal schedule, more or less.
#14 Oct 08 2011 at 8:25 AM Rating: Excellent
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Thumbelyna Quick Hands wrote:
lolgaxe wrote:
Thumbelyna Quick Hands wrote:
And his workcenter loved the movies, magazines and stuffed animals I sent (the creative AND NONPERVERT games these sailors made up with stuffed animals can only point to the stress and boredome they go through).
We had families and church groups and random people sending us boxes upon boxes of stuff. We found a lot of uses for the stuffed animals, too. Smiley: laugh At the end of the last deployment we filled up one of the little fridges we had to the brim with them, and set off a grenade. GLORIOUS.


Smiley: lol Apparently, some of the first bombs that were dropped on Afghanistan and Iraq had stuffed animals taped to them. Ray won't confirm that, but that's what I heard from someone else.


Later, war reporters saw the impact site and inferred that you hit a child.
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#15 Oct 08 2011 at 11:28 AM Rating: Default
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Thumbelyna Quick Hands wrote:
lolgaxe wrote:
Thumbelyna Quick Hands wrote:
And his workcenter loved the movies, magazines and stuffed animals I sent (the creative AND NONPERVERT games these sailors made up with stuffed animals can only point to the stress and boredome they go through).
We had families and church groups and random people sending us boxes upon boxes of stuff. We found a lot of uses for the stuffed animals, too. Smiley: laugh At the end of the last deployment we filled up one of the little fridges we had to the brim with them, and set off a grenade. GLORIOUS.


Smiley: lol Apparently, some of the first bombs that were dropped on Afghanistan and Iraq had stuffed animals taped to them. Ray won't confirm that, but that's what I heard from someone else.


And to think you could have given all those stuffed animals to the kids there, and instead of their parents plotting against you, they might be plotting with you.

Moral point aside, that does sound like a very entertaining way to say good bye. MASH alternate ending entertaining.
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#16 Oct 08 2011 at 2:26 PM Rating: Excellent
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The whole pension prefunding thing is a bad joke. All of those state governments, including Washington state, that are reporting "massive budget shortfalls" are only in that position because they pension prefunding rule is requireing them to pre-allocate billions to fully fund pensions for people who couldn't even theoretically retire yet, in most cases for at least 25 years. Do those pensions need to be funded eventually? sure. but not in the rushed immidiate ********** the economy, fund it now" manner they are are doing it. So why are they doing it? Because it gives those state governments an excuse to pare down their workforce dramatically, and when they eventually change their mind back and go back to the old rules, it will provide those governors with a large financial war chest to use for pet projects. In the mean time, they excarabate the ******** over of the economy because when local and state governments don't buy anything, buisinesses go out of buisiness, and the ones that don't follow suit and hold on to their money because they think those government entities know something they don't. It's annoying.
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#17 Oct 09 2011 at 9:15 AM Rating: Decent
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Dread Lörd Kaolian wrote:
The whole pension prefunding thing is a bad joke. All of those state governments, including Washington state, that are reporting "massive budget shortfalls" are only in that position because they pension prefunding rule is requireing them to pre-allocate billions to fully fund pensions for people who couldn't even theoretically retire yet, in most cases for at least 25 years. Do those pensions need to be funded eventually? sure. but not in the rushed immidiate "@#%^ the economy, fund it now" manner they are are doing it. So why are they doing it? Because it gives those state governments an excuse to pare down their workforce dramatically, and when they eventually change their mind back and go back to the old rules, it will provide those governors with a large financial war chest to use for pet projects. In the mean time, they excarabate the ******** over of the economy because when local and state governments don't buy anything, buisinesses go out of buisiness, and the ones that don't follow suit and hold on to their money because they think those government entities know something they don't. It's annoying.

Methinks the "shortage" is more one of the accounting persuasion, and not necessarily an actual shortage of cash. But I don't know (or care) enough about it to research more.

Plus, it's a little hard to argue against providing fully for future liabilities like promised pensions when you have states (like Wisconsin) changing pension benefits after they've been earned, and seeing the complete royal mess that the Social Security fund has become (or will become by the time I'm ready to collect).
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#18 Oct 09 2011 at 12:01 PM Rating: Excellent
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Demea wrote:
I don't see why the USPS can't cut back residential deliveries to three days a week.

Businesses receive considerably more mail, generally payments from customers, so daily service (Mon-Fri) would likely have to continue.

Wait... because I'm dropping money on stamps to mail in payments, the businesses should get five day delivery to receive the check I paid to mail while I get three day a week delivery?

Fuck that. Let the businesses pay a couple hundred bucks a month or whatever for five day delivery if they want it and it's that important to them.
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#19 Oct 09 2011 at 5:36 PM Rating: Good
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Replace stamps with pre-printed corporate logos and fund the USPS with advertising revenue.
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#20 Oct 09 2011 at 5:44 PM Rating: Good
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Debalic wrote:
Replace stamps with pre-printed corporate logos that match key words found inside your mail and fund the USPS with advertising revenue.


How it's really gonna happen.
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#21 Oct 10 2011 at 2:33 PM Rating: Good
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Jophiel wrote:
Demea wrote:
I don't see why the USPS can't cut back residential deliveries to three days a week.

Businesses receive considerably more mail, generally payments from customers, so daily service (Mon-Fri) would likely have to continue.

Wait... because I'm dropping money on stamps to mail in payments, the businesses should get five day delivery to receive the check I paid to mail while I get three day a week delivery?

Fuck that. Let the businesses pay a couple hundred bucks a month or whatever for five day delivery if they want it and it's that important to them.

Every one of the bills that I receive comes with a pre-paid return envelope. I thought this was standard practice.
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#22 Oct 11 2011 at 6:31 AM Rating: Good
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Every one of the bills that I receive comes with a pre-paid return envelope. I thought this was standard practice.
It generally is, but for things that don't have a monthly bill sent to you (my car payment was like that when I still owed on it) you have to conjure up an envelope, check, and stamp.
#23 Oct 11 2011 at 6:51 AM Rating: Decent
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Jophiel wrote:
Demea wrote:
I don't see why the USPS can't cut back residential deliveries to three days a week.

Businesses receive considerably more mail, generally payments from customers, so daily service (Mon-Fri) would likely have to continue.

Wait... because I'm dropping money on stamps to mail in payments, the businesses should get five day delivery to receive the check I paid to mail while I get three day a week delivery?

Fuck that. Let the businesses pay a couple hundred bucks a month or whatever for five day delivery if they want it and it's that important to them.

You know they'll just raise the price of their product then.

Who mails bills anymore anyways? That takes a check doesn't it?
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#24 Oct 11 2011 at 6:54 AM Rating: Excellent
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According to Twiz, enough people that businesses need free 5-day delivery.

I can't think of any bills I get with pre-paid postage. Admittedly, most I pay online but the few that still get checks also require a stamp from me.
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#25 Oct 11 2011 at 7:40 AM Rating: Excellent
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Even though I live in the city and often get my deliveries via UPS because that's what Amazon uses for Prime shipping, it's still nice to know that they're there. I've never had a problem with the post office, but I know that this largely depends on your location. I always get my mail on time and the mail carriers are pretty friendly, and post office workers are also usually pretty nice if you're polite. I know they've put up with quite a bit of my crap when I sent my first package and had no clue what I was doing Smiley: lol. I usually get through the lines pretty quickly, and Media Mail is a bargain when I have to send out textbooks that I sell through Amazon (I have enough boxes from them to be set for life). I feel a bit nickel and dimed when I pay a small additional fee for delivery confirmation, but for the packages I send it's still cheaper than a private shipper.

I mean, the establishment of a postal service is something straight out of the Constitution. I'm not opposed to increasing the efficiency of the postal service, but I also don't mind paying taxes for it either. I also shudder to think of what private shippers would charge if they didn't have to compete with the USPS. In fact, UPS actually relies on the USPS to deliver to rural locations because that shit is expensive.

Even with fewer letters being sent, with the rise of online shopping parcel delivery is as important as ever.
#26 Oct 11 2011 at 9:47 AM Rating: Excellent
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Elinda wrote:

Who mails bills anymore anyways? That takes a check doesn't it?


We mail all our bills. Old habits die hard I guess.
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