The ONLY purpose in destroying 98.7% of Americans' health system is to

[auditor0007]

Let private insurance compete with Medicare for All [single payer]. Watch free enterprise at work.

That's why the Post Office is doing so well competing against FedEx and UPS, right?

Gawd leftists are dumb.

The Post Office delivers letters for $.45 anywhere in the US, something FedEx and UPS could never do, nor would they want to. The USPS is required to provide service to everyone. FedEx and UPS can refuse to deliver to areas that are not easily accessible or they can charge much higher fees to do so.

 

[idb]

Let private insurance compete with Medicare for All [single payer]. Watch free enterprise at work.

That's why the Post Office is doing so well competing against FedEx and UPS, right?

Gawd leftists are dumb.

The Post Office delivers letters for $.45 anywhere in the US, something FedEx and UPS could never do, nor would they want to. The USPS is required to provide service to everyone. FedEx and UPS can refuse to deliver to areas that are not easily accessible or they can charge much higher fees to do so.

Not to mention Congresses deliberate act to destroy the USPS;

At the heart of the matter is a 2006 Congressional mandate put on the US Postal Service contained in the “Postal Accountability and Enhancement Act of 2006” to pre-fund healthcare benefits of future retirees, a 75 year liability over a 10 year period. No other agency or corporation is required to do this. This provision costs the Postal Service $5.5 billion a year. When you add in an adjustment that was made in how workers’ compensation costs were calculated based on interest rate assumptions and long term predictions concerning health care and compensation of $2.5 billion (a non cash accounting adjustment), you come up with $8 billion in cost. Actual loss was $500 million and when added, comes to the $8.5 billion reported for 2010. While $500 million is a lot, it doesn’t compare with $8.5 billion and is down from the previous year loss of $1 billion. If you took out the onerous pre-funding mandate, the Postal Service actually shows a $700 million profit over the last four years instead of the $20 billion loss. The Postal Union has been trying to get Congress to authorize the transfer of the Postal Service’s money estimated to be between $50 billion and $75 billion overpaid in the Civil Service Retirement System transferred into the PSRHBF.

http://my.firedoglake.com/mmonk/201...nging-down-the-american-postal-workers-union/

They are paying into a fund for retirees that aren't even born yet.

 

[Underhill]

That's why the Post Office is doing so well competing against FedEx and UPS, right?

Gawd leftists are dumb.

The Post Office delivers letters for $.45 anywhere in the US, something FedEx and UPS could never do, nor would they want to. The USPS is required to provide service to everyone. FedEx and UPS can refuse to deliver to areas that are not easily accessible or they can charge much higher fees to do so.

Not to mention Congresses deliberate act to destroy the USPS;

At the heart of the matter is a 2006 Congressional mandate put on the US Postal Service contained in the “Postal Accountability and Enhancement Act of 2006” to pre-fund healthcare benefits of future retirees, a 75 year liability over a 10 year period. No other agency or corporation is required to do this. This provision costs the Postal Service $5.5 billion a year. When you add in an adjustment that was made in how workers’ compensation costs were calculated based on interest rate assumptions and long term predictions concerning health care and compensation of $2.5 billion (a non cash accounting adjustment), you come up with $8 billion in cost. Actual loss was $500 million and when added, comes to the $8.5 billion reported for 2010. While $500 million is a lot, it doesn’t compare with $8.5 billion and is down from the previous year loss of $1 billion. If you took out the onerous pre-funding mandate, the Postal Service actually shows a $700 million profit over the last four years instead of the $20 billion loss. The Postal Union has been trying to get Congress to authorize the transfer of the Postal Service’s money estimated to be between $50 billion and $75 billion overpaid in the Civil Service Retirement System transferred into the PSRHBF.

The Pre-funding Mandate. Bringing Down The American Postal Workers Union. | MyFDL

They are paying into a fund for retirees that aren't even born yet.

Wonder how much lobbying was done by Fed Ex and UPS for that one...

In a quick search I found this story from a few years ago about disputes in Washington between the two, and it points out....

"Decades, in fact: Since the 1990 election cycle, the employees and political action committees of FedEx and UPS have, between them, shipped more than $50 million in campaign contributions to federal lawmakers, candidates and political parties. This makes them the top two institutional contributors in the air transport industry for more than 20 years running. The people and PACs of both companies have historically favored Republicans over Democrats, giving at least 60 percent of contributions to the GOP, over time.

And both FedEx and UPS have especially utilized their gold-plated political action committees, which dole out millions of dollars annually to help build relationships with parties and lawmakers while greasing legislative skids. "

http://www.opensecrets.org/news/2011/04/capital-rivals-fedex-vs-ups-1.html