Thursday, February 9, 2012

Pay for your Postal Service America

USPS lost 3.3 billion dollars in the fourth quarter ending in December. With Thanksgiving, Ramadan, Hanukah, Christmas, Kwanza, my birthday, your sister's birthday, generous uncles and aunts etc this is supposed to be the most profitable time of year. As a government sponsored enterprise it does not receive tax payer money rather, it is sponsored visa vie the treasury and has reached its 15 billion dollar borrowing limit the past 5 fiscal annual cycles. Ironically, its annual lose of 14.1 billion is equal to this 'donation'; 'donation' because  GSE's are not required to pay back their debt, if they fail the U.S. buys back their debt raises taxes and issues more treasury bonds.

Never mind the 220,000 jobs USPS wants to cut, nearly 12 percent of its infrastructure; why aren't we paying for the mail we take for granted. If we want to use the service it should be taxed; if we don't, suffice it to say $7.70 for Fedex seems like an awful high price just to send a letter to my grandmother alerting her of her new assisted living center accommodations. Lets cut the mail off on Saturdays, include tax provisions for letters, effectively end priority first class mail in the sense of overnight or faster delivery, and just make the USPS for nonchalant no hassle package/envelope delivery. Leave the important stuff to UPS and FEDEX. Privatizing the U.S. mail service would make sense but then again I am far too worried about monopolization and or collusion amongst the mail service providers of what is effectively a corollary to freedom of expression. If someone controls the delivery of the message at cost, would that subject someone to rethinking sending a letter of dissension to their local Senator or Congressman. The very liberties we take for granted are founded on the basis of the free mail service; with a postmaster at the helm to guard and ensure the safe delivery of our secrets, our declarations, our fated last words. I must insist a tax premium be included for mail service; I do not care for any more privatization mixed with government regulation.

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