Curiosity on Mars
08-10-2012, 08:45 AM
#31
Gets Weekends Off
Joined APC: Dec 2009
Posts: 146
Wondered when the hornets would swarm from that comment. They know the truth of all the myths because they have google and first hand knowledge. Love these socially inept tools for a laugh. Enjoy Fox. The rest of us will be out living life talking to the girls that ignore you. Have fun with your world that is so horrible chicken littles.
08-10-2012, 09:03 AM
#32
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Wondered when the hornets would swarm from that comment. They know the truth of all the myths because they have google and first hand knowledge. Love these socially inept tools for a laugh. Enjoy Fox. The rest of us will be out living life talking to the girls that ignore you. Have fun with your world that is so horrible chicken littles.
08-10-2012, 10:01 AM
#33
Banned
Joined APC: Apr 2009
Position: electron wrangler
Posts: 372
Re: Curiosity on Mars
Get nastier as your position falls apart?
I don't know but I assume you're talking about the government line of credit, a loan expected to be paid back, which is only necessary because of the 75 year requirement to fund retirement benefits for people who haven't even been conceived yet. The chart you posted shows that the Post Office went into the red exactly at the moment the unnecessary retirement benefit requirement went into effect.
You never seemed to be offended by taxpayer subsidies going to the richest of oil companies which are not constitutionally mandated.
Postal Facts
I don't know but I assume you're talking about the government line of credit, a loan expected to be paid back, which is only necessary because of the 75 year requirement to fund retirement benefits for people who haven't even been conceived yet. The chart you posted shows that the Post Office went into the red exactly at the moment the unnecessary retirement benefit requirement went into effect.
You never seemed to be offended by taxpayer subsidies going to the richest of oil companies which are not constitutionally mandated.
The Postal Service receives NO tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. We are required by law to cover our costs.
08-10-2012, 10:15 AM
#34
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Get nastier as your position falls apart?
I don't know but I assume you're talking about the government line of credit, a loan expected to be paid back, which is only necessary because of the 75 year requirement to fund retirement benefits for people who haven't even been conceived yet. The chart you posted shows that the Post Office went into the red exactly at the moment the unnecessary retirement benefit requirement went into effect.
You never seemed to be offended by taxpayer subsidies going to the richest of oil companies which are not constitutionally mandated.
Postal Facts
I don't know but I assume you're talking about the government line of credit, a loan expected to be paid back, which is only necessary because of the 75 year requirement to fund retirement benefits for people who haven't even been conceived yet. The chart you posted shows that the Post Office went into the red exactly at the moment the unnecessary retirement benefit requirement went into effect.
You never seemed to be offended by taxpayer subsidies going to the richest of oil companies which are not constitutionally mandated.
Postal Facts
The fact is the postal service has been unable to manage their own affairs despite a monopoly status. Leadership has been unable to stem the flow of red. They have defaulted.
If you think a line of credit is not a tax payer bailout, or that any of it can possibly be repaid with the current rate of loss, then dream on.
The arithmetic is very simple, ideology can't change that or make it better. Without subsidies the USPS would have slipped beneath the waves a long time ago, why not take the 11 billion dollars they lost so far this year and compare it to the profit both FEDEX and UPS generated?
Tell us why a monopoly can't stay solvent?
You are correct in one thing-management has doomed any possible chance of solvency. It was a bi-partisan effort and about as successful as most of them.
Last edited by jungle; 08-10-2012 at 10:33 AM.
08-10-2012, 10:42 AM
#35
Gets Weekends Off
Thread Starter
Joined APC: Feb 2006
Position: 767A (Ret)
Posts: 6,248
Meanwhile, back on Mars...
08-11-2012, 08:58 AM
#36
Banned
Joined APC: Apr 2009
Position: electron wrangler
Posts: 372
Re: Curiosity on Mars
Again, a draconian requirement to fully fund retirement benefits 75 years out is why
the Post Office is not solvent. No other organization in the world has such a ridiculous requirement.
This is from the article you posted:
The debt can easily be repaid by reversing the 75 year requirement. It is a
manufactured crisis with a Wall Street outcome in mind.
Corporatists in congress are trying to privatize this successful enterprise in addition
to killing another public sector union and raiding their pension fund.
.
the Post Office is not solvent. No other organization in the world has such a ridiculous requirement.
This is from the article you posted:
The Postal Service defaulted for the first time in its history on Aug. 1, failing to pay $5.5 billion for future retiree health benefits.
manufactured crisis with a Wall Street outcome in mind.
Corporatists in congress are trying to privatize this successful enterprise in addition
to killing another public sector union and raiding their pension fund.
.
08-11-2012, 10:07 AM
#37
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
There is very little in this life that is more disgusting or ethically bankrupt than the tool who spends his time cheerleading for government-any government.
08-11-2012, 10:31 AM
#38
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Again, a draconian requirement to fully fund retirement benefits 75 years out is why
the Post Office is not solvent. No other organization in the world has such a ridiculous requirement.
This is from the article you posted:
The debt can easily be repaid by reversing the 75 year requirement. It is a
manufactured crisis with a Wall Street outcome in mind.
Corporatists in congress are trying to privatize this successful enterprise in addition
to killing another public sector union and raiding their pension fund.
.
the Post Office is not solvent. No other organization in the world has such a ridiculous requirement.
This is from the article you posted:
The debt can easily be repaid by reversing the 75 year requirement. It is a
manufactured crisis with a Wall Street outcome in mind.
Corporatists in congress are trying to privatize this successful enterprise in addition
to killing another public sector union and raiding their pension fund.
.
08-12-2012, 06:37 AM
#39
Banned
Joined APC: Apr 2009
Position: electron wrangler
Posts: 372
08-12-2012, 06:44 AM
#40
Banned
Joined APC: Apr 2009
Position: electron wrangler
Posts: 372
Re: Curiosity on Mars
In 2006, the United States Congress passed the Postal Accountability and Enhancement Act of 2006 (PAEA). This bill required that the USPS prefund its future health care benefit payments to retirees for the next 75 years in an astonishing ten-year time span...
REP. DENNIS KUCINICH: Well, Congress passed a law in 2006 that mandated that the Postal Service pre-fund its employees’ health—its retirees’ health benefits for 75 years, but to do it within a 10-year period...
In 2006, a Republican Congress—acting at the behest of the Bush-Cheney administration—enacted a law that required the postal service to “pre-fund” retiree health benefits 75 years into the future. No major private-sector corporation or public-sector agency could do that. It’s an untenable demand...
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