Number21 wrote:Haven't they been going through this since the invention of the internet?
Yeah, I'm sure their letter carrying is down, but their package sending is way up thanks to the internet....
AGgressive Metal wrote:Its not that simple - they have big pension obligations. All those retired mail-carriers and their benefits cost money!
AGgressive Metal wrote:All those retired mail-carriers and their benefits cost money!
Country wrote:I think a solution would be to raise the government retirement age for full benefits to 67, as is done for SS. For most businesses and corporations the retirement age is 65 for full benefits. Why do state and federal government retirees expect to retire 10 years earlier than everyone else?
SGT_Slaughter wrote:I live in a world of socialism and trust me .. it ant' fun.
Fedex and UPS make money.. why cant the post office? b/c the workers have no motivation to work hard, unions have made wages too high, any real business that loses 3 BILLION year typically goes out of business but if your just going to rob the public via taxes then who cares right?
At my job when i took over the former service member was so kind as to leave me a broke printer so i had no printer in my office and i had to go walk about 25 meters to print.
now when your printing often this can get annoying.
I fought for about a year and a 1/2 and got everything from we do not have the money to one day a printer showed up and it was the wrong one, then the higher ups could not decide if they wanted to hook it up or not, after 3 months of sitting we hooked it up only to discover its network card was fried. So we had to mail it back to America (yes, they bought it from america and not local) via Ship (pretty slow). Then another printer shows up.. again,, wrong model. sits 2 months, after a while i manage to trade it w/ a different department and after wheeling and dealing i got a printer in return. 2 weeks later the computer guys hooked it up b/c they have to 'authorize' it.
1.5 years for a printer. Welcome to Socialism.
PolishPunisher wrote:Do we not think that flat rate boxes would be among the first things to go in a privatized USPS?
PolishPunisher wrote:Do we not think that flat rate boxes would be among the first things to go in a privatized USPS?
SGT_Slaughter wrote: ...
1.5 years for a printer. Welcome to Socialism.
Mossy wrote:SGT_Slaughter wrote: ...
1.5 years for a printer. Welcome to Socialism.
Sounds about like a large corporation. Big biz and socialistic gov'ts have a LOT in common.
pennypicker wrote:This Saturday I was at my local post office and I was talking to my teller who I have known for 13 years. She said she didn't mind handling the two heavy flat rate boxes I mailed and that they need the business. She then went on to say that the USPS is pretty much "bankrupt" and that they just had an employee meeting days prior and their manager told them 20% more in layoffs was coming and big changes were coming to the Post Office as well. They were told that the USPS was seriously considering contracting out to private carriers. She added that the internet has seriously hurt their first class mail volume which has been their bread and butter. She said they now make most of their revenue from "junk mail" advertisers. She said she has four years left until she qualifies for "early" retirement at age 50 and that she hoped the USPS would still be operating until then.
SGT_Slaughter wrote:I live in a world of socialism and trust me .. it ant' fun.
Fedex and UPS make money.. why cant the post office? b/c the workers have no motivation to work hard, unions have made wages too high, any real business that loses 3 BILLION year typically goes out of business but if your just going to rob the public via taxes then who cares right?
At my job when i took over the former service member was so kind as to leave me a broke printer so i had no printer in my office and i had to go walk about 25 meters to print.
now when your printing often this can get annoying.
I fought for about a year and a 1/2 and got everything from we do not have the money to one day a printer showed up and it was the wrong one, then the higher ups could not decide if they wanted to hook it up or not, after 3 months of sitting we hooked it up only to discover its network card was fried. So we had to mail it back to America (yes, they bought it from america and not local) via Ship (pretty slow). Then another printer shows up.. again,, wrong model. sits 2 months, after a while i manage to trade it w/ a different department and after wheeling and dealing i got a printer in return. 2 weeks later the computer guys hooked it up b/c they have to 'authorize' it.
1.5 years for a printer. Welcome to Socialism.
Know Common Cents wrote:Someone paid full face value for all the postage stamps I use. Fortunately, it's not me. For several years, I've been buying them (full gum or self-adhesive) at 80 cents per dollar face.
So..........a 44 cent letter costs me $0.352 to send. If I had a business and sent a lot of packages, the reduced postage cost plus the flat-rate boxes for the heavies makes for a much better deal than FedEx or UPS. Doesn't bother me to get out my glue stick and plaster $5 or $10 in assorted stamps to a FR box or Priority Mail envelope.
Sign of the times, though. When I take these to various post office locations, I haven't encountered a postal clerk who had the interest and/or intellect to add up the value of all the stamps. Being honest, I don't stiff them, but once in awhile someone will try and then lose count about halfway into the process. Their standard line after asking me if I'm sure I have amount on there I told them is "Well, if you don't have the right amount, it's going to be sent back to you for more postage!" I keep thinking, who's even able to count them regardless of whether it's at the local post office or a distribution center?
Pretty sad that the once noble USPS is wounded and just about to be given last rites. I don't think they'll die altogether because I predict we'll be losing about one regular deliver day every 2 years now. First to go is Saturday. That's not much of a surprise to anyone. Next will be Wednesday and the USPS will be able to staff their POs with all part-time clerks. Future rate increases for most types of first class mail will be meaningless as the Forever Stamps have been out since 2007. Printing make-up stamps in amounts of 1 or 2 cents costs more than just selling a Forever at the going rate.
Likely a more appropriate meaning for the Forever Stamps is that when the USPS tanks, you'll be stuck with those forever.
Sheikh_yer_Bu'Tay wrote:Know Common Cents wrote:Someone paid full face value for all the postage stamps I use. Fortunately, it's not me. For several years, I've been buying them (full gum or self-adhesive) at 80 cents per dollar face.
So..........a 44 cent letter costs me $0.352 to send. If I had a business and sent a lot of packages, the reduced postage cost plus the flat-rate boxes for the heavies makes for a much better deal than FedEx or UPS. Doesn't bother me to get out my glue stick and plaster $5 or $10 in assorted stamps to a FR box or Priority Mail envelope.
Sign of the times, though. When I take these to various post office locations, I haven't encountered a postal clerk who had the interest and/or intellect to add up the value of all the stamps. Being honest, I don't stiff them, but once in awhile someone will try and then lose count about halfway into the process. Their standard line after asking me if I'm sure I have amount on there I told them is "Well, if you don't have the right amount, it's going to be sent back to you for more postage!" I keep thinking, who's even able to count them regardless of whether it's at the local post office or a distribution center?
Pretty sad that the once noble USPS is wounded and just about to be given last rites. I don't think they'll die altogether because I predict we'll be losing about one regular deliver day every 2 years now. First to go is Saturday. That's not much of a surprise to anyone. Next will be Wednesday and the USPS will be able to staff their POs with all part-time clerks. Future rate increases for most types of first class mail will be meaningless as the Forever Stamps have been out since 2007. Printing make-up stamps in amounts of 1 or 2 cents costs more than just selling a Forever at the going rate.
Likely a more appropriate meaning for the Forever Stamps is that when the USPS tanks, you'll be stuck with those forever.
Please tell me how you buy at a discount? I could use that, myself!
Lack of math skills is pandemic. People are mentally lazy, using calculators now instead of doing the math in their heads.
Return to Copper Penny Bullion Investing
Users browsing this forum: No registered users and 14 guests