Bottom line: Mail is down 12% and the USPS could be out of money by the end of the year.
“The Postal Service, which has served America for 234 years, is experiencing a very serious financial crisis because of the downturn in the economy,” John Potter, head of the U.S. Postal Service, told lawmakers. He went on to say the losses, in the billions of dollars, are of "historic proportions."
So what does he do? He asks to cut a day of service. Five days a week of mail, people. This could really happen!
Mail delivery is one of the cornerstones of this nation. Even in post-apocalyptic times, there will be mail. Didn't anyone see "The Postman"? (I know it was a terrible movie, please don't miss the point here.) I'll bet even those children in rags got their New Yorkers on time. And their VISA bills. And the sweet, sweet ValPak.
It is time for another bailout. This is bigger than AIG. And the banks. And whatever other madness TARP is covering (unless it's petting zoos. That is completely valid). The mail. We must save the mail. Who is with me?
Showing posts with label disaster. Show all posts
Showing posts with label disaster. Show all posts
Tuesday, March 31, 2009
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