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Thread: Postal Service on path to be broke by October

  1. #21
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    Re: Postal Service on path to be broke by October

    Quote Originally Posted by Kandahar View Post
    I have to question if the USPS is even necessary anymore, now that we have FedEx, UPS, online banking, and email attachments. If the post office needs to be subsidized, maybe it's time that we gradually start winding it down altogether.
    Who is going to ship all of our medicines in from Canada?

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    Re: Postal Service on path to be broke by October

    Quote Originally Posted by CriticalThought View Post
    Aside from junk mail, I can't say that I have received a letter in years.
    I receive letters a few times a year from my family... I also order a lot of stuff online.

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    Re: Postal Service on path to be broke by October

    Yeah, we get all of our bills and medical statements, etc., by mail. Still gotta have it, even if the price goes up.

    Still, I love Tucker's idea. My husby gets so appoplectic over the sheer volume of junk in our mailbox. He bought a custom stamp that says, "Refused. Return to Sender." in bright red ink. He stacks up the junk on the kitchen table, gets this crazed look in his eyes, and wails madly away, cackling maniacally, then dashes back to dump them in the outgoing mail slot. *sigh* I know, I know. But it's the only orgasm the old guy gets any more, so what the hell.

  4. #24
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    Re: Postal Service on path to be broke by October

    Quote Originally Posted by Kandahar View Post
    I have to question if the USPS is even necessary anymore, now that we have FedEx, UPS, online banking, and email attachments. If the post office needs to be subsidized, maybe it's time that we gradually start winding it down altogether.
    I agree that the post office has to change with the times but FedEx and UPS just have their own niche. They take the high profit package business, not the day to day letter delivery. They don't have to stop at almost every home 6 days a week (I think it should be 4 days aweek). Fedex and UPS could not do what the post office can at their prices. I guess we have to decide if we need letters delivered to our homes almost every day at less than it cost to deliver them. Personally I could almost do with out it. Almost.
    How much per person does it cost to subsidize? Twenty bucks a year? It might be a bargain.
    Last edited by USA_1; 03-03-11 at 11:04 AM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Postal Service on path to be broke by October

    Quote Originally Posted by TurtleDude View Post
    that is particularly stupid

    do you plan on being wealthy one day or have you given up already?
    Dude you freaking make me sick.

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    Re: Postal Service on path to be broke by October

    To think the Japanese postal service is one of the richest entities in the world.

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    Re: Postal Service on path to be broke by October

    Quote Originally Posted by SE102 View Post
    To think the Japanese postal service is one of the richest entities in the world.
    What does it do different? Could it's methods work here with our vast distances between people, the main reason it costs so much?
    I see it privatized in 2007. How is that working out?
    Last edited by USA_1; 03-03-11 at 11:10 AM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Postal Service on path to be broke by October

    meh.... I dunno. But i like their little postal symbol. And they seem all prim and organized.

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    Re: Postal Service on path to be broke by October

    To think the Japanese postal service is one of the richest entities in the world.
    There is more to the story:
    How did Japan's postal service get so rich? - By Daniel Engber - Slate Magazine

    A parliamentary vote on whether to privatize Japan's state-owned postal service has been delayed until Monday. Prime Minister Junichiro Koizumi is pushing hard for the reformation of Japan Post, which holds about $2.9 trillion in savings and insurance deposits, making it for all practical purposes the world's biggest bank. How did Japan's postal service get so rich?


    Postal savings accounts. For 130 years, the postal system has served as a local savings bank for anyone with a cent to spare. (In the early days, you could start an account with a deposit as small as one two-hundredth of a yen.) Postal savings began a few years after the postal service was founded in 1871, and several years before the first private savings bank opened in Tokyo. Today, Japan Post holds about a third of all personal savings in the country. (It does not make big profits from mail delivery.)
    Last edited by USA_1; 03-03-11 at 11:27 AM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Postal Service on path to be broke by October

    Quote Originally Posted by The Giant Noodle View Post
    Curious.... how many private sector companies have gone out of business? Look this is a "company" that is NOT a Federal run joint. It is NOT a federal run business. Did you NOT know that!?!?!?!


    OPPPPPSS!!! NO! You didnt.
    I've never been to a post office when the lines weren't nearly out the door. How does a buseinss run, with that amount of customers, and still fail so badly? I think we know the reasons, at least I know I do - and it's ouitlined in the op.
    Last edited by buck; 03-03-11 at 11:33 AM.

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