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  • Internet & USPS

    From Victor Manta@21:1/5 to All on Fri Feb 12 17:26:32 2016
    Internet was always the bête noir of the USPS because the usage of e-mail reduced very significantly the mailing of letters.

    I learned with satisfaction that: "Helped by a surge of Christmas parcels,
    the United States Postal Service reported an operating profit of $1.3
    billion in the first quarter of fiscal 2016, which ended Dec. 31, 2015."

    Postmaster General Megan Brennan said that : "Christmas and other holiday greeting card volume dropped by 4.4 percent this fiscal year while packages surged about 18 percent, ... , crediting the pricing of Postal Service
    parcels for the surge."

    But Fredric Rolando, president of the National Association of Letter
    Carriers, said the good results ... show the impact of an improving economy and “Internet-driven online shopping,” which boosted parcel growth.

    Source: http://www.linns.com/news/postal-updates/2016/february/u-s--postal-service-reports--1-3-billion-profit-in-first-quarter.html

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  • From Sir F.A. Rien@21:1/5 to All on Sat Feb 13 09:01:46 2016
    Internet was always the bte noir of the USPS because the usage of e-mail >reduced very significantly the mailing of letters.

    I learned with satisfaction that: "Helped by a surge of Christmas parcels, >the United States Postal Service reported an operating profit of $1.3
    billion in the first quarter of fiscal 2016, which ended Dec. 31, 2015."

    The USPS would be doing much better if the politicians had not
    -=required=- 100% PRE-FUNDING of all retirement possibilities and
    other 'fees'.

    I can not find out where the funds are going, perhaps it's as with
    Social Security payments, into some 'general fund' to balance the US
    laughable 'Budget'.

    Meanwhile, other than package services, FIRST CLASS mail is being
    downgraded. You get to pay for service, but it's becoming slower and
    slower - it it even arrives!

    A typical piece of mail from San Fancisco to Seattle now takes FIVE
    DAYS! Sometimes it comes with a 'detour' to Long Island, NY !!!

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  • From Victor Manta@21:1/5 to All on Tue Feb 23 20:36:50 2016
    "Sir F.A. Rien" wrote in message news:90oubb1kojv1dk9vrv5c1ojitiqd8ja7us@4ax.com...

    <<
    The USPS would be doing much better if the politicians had not
    -=required=- 100% PRE-FUNDING of all retirement possibilities and
    other 'fees'.


    "... American taxpayers subsidize the USPS at a rate that surpasses the
    costs associated with any Congressional mandate. He (Robert Shapiro—former Treasury undersecretary and chairman - VM) estimates that, all told, the subsidies and legal monopolies that Congress bestows upon the post office is worth $18 billion annually. ...

    The Post Office employs 618,000 people—more than any civilian employer besides Wal Mart. Given the pay disparities between the Post Office and
    private employers, these people would be highly motivated to block any significant change to the current system.

    That said, the benefits the rest of us bestow on the USPS are enormous. None
    of this will help you calm down the next time you are waiting on a line that just won’t move at your local post office."

    http://fortune.com/2015/03/27/us-postal-service/

    Victor Manta, PWO

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  • From Sir F.A. Rien@21:1/5 to sharpened a crayon and on Wed Feb 24 09:09:44 2016
    On Tue, 23 Feb 2016 20:36:50 -0500, "Victor Manta"
    <manvic_99SPAAM@yahoo.com> sharpened a crayon and wrote:

    "... American taxpayers subsidize the USPS at a rate that surpasses the
    costs associated with any Congressional mandate. He (Robert Shapiroformer >Treasury undersecretary and chairman - VM) estimates that, all told, the >subsidies and legal monopolies that Congress bestows upon the post office is >worth $18 billion annually. ...

    Fish food compared to the other subsidies bestowed upon PRIVATE
    'enterprise' and miniscule compared to the 'social programs'.

    Postal services should be a function of government and not a 'Profit
    Centre' !!!

    As always, those with an axe to grind, find ways to make partially
    true statements. Shapiro, another pollytickle, among them. The fact
    is:

    "The direct public subsidy for the Postal Service, which came from
    tax revenues, was phased out in 1983. USPS does receive indirect
    subsidies from tax revenues, however, which reimburse the Postal
    Service for the reduced rates it charges to nonprofit organizations
    and others."

    Those 'reduced rates' are ORDERED by CONGRESS and the presidunce.

    More smokescreen of the manipulations coming from the Executive and
    Legislature branches.

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