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All Forums Category: General Philatelic Discussions (Non Country Specific) Forum: Philatelic News

USPS Financial Woes: News Items That Represent Wasted $$$

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Author

Replies: 3 / Views: 3,476

wt1

Bedrock Of The Community

United States

12128 Posts

Posted 08/30/2011 3:01 pm

Although not stamp related, here are two news items about the US Postal Service I just found today.

1. Nice work, if you can get it!

Quote:
...[postal] workers must show up for work and spend their shift in a break room or cafeteria

http://www.newsmax.com/Newsfront/Po...30/id/409171

2. 67,000,000 square feet (24%) of USPS real estate is wasted space. Now that is costly!

Quote:
...it could start by dealing with its 67m square feet of unused interior space. The excess space represents 24% of the total 284m square feet that USPS owns or leases, the OIG said, although USPS management disputes the figures...

http://postandparcel.info/41784/new...-says-audit/

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Randy Stinchcomb

Valued Member

United States

28 Posts

Posted 09/05/2011 10:08 am

saw today where they are 5.5 billion in default, wth the monies due any day now. Im sure congress will bail them out, but at what cost to us? will we get a discount on stamps? prob not.....
"what if" the USPS were to go under? what would that do to the hobby?

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jhlovell

Pillar Of The Community

United States

3568 Posts

Posted 09/05/2011 10:50 am

i don't understand, how households have to make ends meet, but no government agency or large business (thanks to the bailouts) need to. What is up with that? And the post office wonders what is up?

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kirks

Moderator

United States

4772 Posts

Posted 09/05/2011 11:05 am

Maybe you need to make your household part of our nation's critical infrastructure ...

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Replies: 3 / Views: 3,476

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