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Post Office

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Rich123

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Well I have to apologize to you folks who read my post about the post office. Seems I was wrong. I said the Post Office has to fund 50 years of pension. That was wrong. It's actually 75 years of pension health benifits for every current, past and future employee to be funded within a ten year window.

Now that is just totally reasonable. No boby is trying to kill the postal service.
 
Rich123 said:
Well I have to apologize to you folks who read my post about the post office. Seems I was wrong. I said the Post Office has to fund 50 years of pension. That was wrong. It's actually 75 years of pension health benifits for every current, past and future employee to be funded within a ten year window.

Now that is just totally reasonable. No boby is trying to kill the postal service.
Click to expand...

I wonder did Daryl Isa require that of Fed X or United Parcel?

The fraud isn't by the Postal service, it's being perpetrated against the postal service.
 
Rich123 said:
Well I have to apologize to you folks who read my post about the post office. Seems I was wrong. I said the Post Office has to fund 50 years of pension. That was wrong. It's actually 75 years of pension health benifits for every current, past and future employee to be funded within a ten year window.

Now that is just totally reasonable. No boby is trying to kill the postal service.
Click to expand...

Do you have a link for that? That sounds unbelievable.

Rich123 said:
I wonder did Daryl Isa require that of Fed X or United Parcel?


The fraud isn't by the Postal service, it's being perpetrated against the postal service.
Click to expand...

If that is really true, which, no offense, I don't believe, you're right. If true, somebody's planning on using that surplus as a piggy bank.
 
MaggieD said:
Do you have a link for that? That sounds unbelievable.



If that is really true, which, no offense, I don't believe, you're right. If true, somebody's planning on using that surplus as a piggy bank.[/QUOTE

Thank you Maggie for your thoughts,
My problem is that I can't get my web pages that I've saved to file to get the appropriate extension.
I get jpeg and html.This forum requires different extensions. I'll keep trying.
But I can assure you my info is accurate.
Click to expand...
 
Rich123 said:
MaggieD said:
Do you have a link for that? That sounds unbelievable.

If that is really true, which, no offense, I don't believe, you're right. If true, somebody's planning on using that surplus as a piggy bank.[/QUOTE

Thank you Maggie for your thoughts,
My problem is that I can't get my web pages that I've saved to file to get the appropriate extension.
I get jpeg and html.This forum requires different extensions. I'll keep trying.
But I can assure you my info is accurate.
Click to expand...

Can't you just select the address of the website and copy/paste?
Click to expand...
 
Rich123 said:
Well I have to apologize to you folks who read my post about the post office. Seems I was wrong. I said the Post Office has to fund 50 years of pension. That was wrong. It's actually 75 years of pension health benifits for every current, past and future employee to be funded within a ten year window.

Now that is just totally reasonable. No boby is trying to kill the postal service.
Click to expand...

Here's a link that explains it...

https://www.cnbc.com/id/45018432
 
Rich123 said:
I wonder did Daryl Isa require that of Fed X or United Parcel?

The fraud isn't by the Postal service, it's being perpetrated against the postal service.
Click to expand...

Of course you know that Fed X and United Parcel are private companies?
Daryl Isa did not set the requirement congress did, right?
 
MaggieD said:
Do you have a link for that? That sounds unbelievable.



If that is really true, which, no offense, I don't believe, you're right. If true, somebody's planning on using that surplus as a piggy bank.
Click to expand...

It's called the"Postal accountability and enhancement act."

Signed into law in 2006.
Original proposed legislation didn't have all those extreme measures but Bush threatened to vetoe bill unless those measure I spoke of was included.
So if you want to research it there is a starting point for you.
I've read many articles from both sides of the political spectrum and essentially those are the facts. Each side tries to move the argument in their favor. But thar's one thing I like to do for balance. I read the lead stories in the New York Times and in the Wall Street Journal. But tonight I've been reading many sources on the internet and none deny the facts that the bill requires the Postal service to establish 75 years of pension funds in as little of ten years. No business can operate like that.
 
Rich123 said:
It's called the"Postal accountability and enhancement act."

Signed into law in 2006.
Original proposed legislation didn't have all those extreme measures but Bush threatened to vetoe bill unless those measure I spoke of was included.
So if you want to research it there is a starting point for you.
I've read many articles from both sides of the political spectrum and essentially those are the facts. Each side tries to move the argument in their favor. But thar's one thing I like to do for balance. I read the lead stories in the New York Times and in the Wall Street Journal. But tonight I've been reading many sources on the internet and none deny the facts that the bill requires the Postal service to establish 75 years of pension funds in as little of ten years. No business can operate like that.
Click to expand...

Check my Post #6 above. I pasted a link for you.
 
MaggieD said:
Check my Post #6 above. I pasted a link for you.
Click to expand...


Thank you Maggie,
I appreciate you posting that link. I'm sure it will be helpful.
However I got the actual bill.
Sec 803 shows the actual payments.
5.4 billion by 9/30/2007
5.6 billion by 9/30/2008
5.4 "" ""2009
5.5 "" "" 2010
5.5 """ "": 2011
5.6 "" """ 2012
5.6 "" :"" 2013
5.7 """ """ 2014
5.7. 2015
5.8.
Thats 55.8 billion in ten years
 
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