The Daily Caller

The Daily Caller
SAN FRANCISCO, CA - AUGUST 12:  Cartons of mail ready to be sorted sit on a shelf at the U.S. Post Office sort center on August 12, 2011 in San Francisco, California. (Photo by Justin Sullivan/Getty Images) SAN FRANCISCO, CA - AUGUST 12: Cartons of mail ready to be sorted sit on a shelf at the U.S. Post Office sort center on August 12, 2011 in San Francisco, California. (Photo by Justin Sullivan/Getty Images)  

Oversight launches website to save USPS, counts down to postal service default

U.S. Postmaster General Patrick Donahoe has said that the United States Postal Service will default on its obligations to the federal government on September 30, at the end of the current fiscal year.

Now the House Committee on Oversight and Government Reform has launched SavingThePostalService.com to educate the public about the Postal Service’s financial troubles and some possible solutions. The Postal Service lost $8.5 billion in the last fiscal year. (RELATED: Issa spokesman: NYT burying Fast and Furious story shows bias)

It is not clear what will happen if the Postal Service does default. Oversight committee chairman Rep. Darrell Issa, Republican from California, and other committee members have said the result will likely be a taxpayer bailout.

In a video to introduce the new website, Oversight drives this point home, pointing to the parallels between USPS’s financial situation and that of banks and car makers which ultimately received government bailouts.

“An American icon is broke,” begins the video’s narrator. “Done in by decades of lavish spending. Defeated by new technology. Booming last century, it’s bleeding money today. Customers flee. It begs for a government bailout. The collapsing clunker: not a car make, not a bank. It’s the United States Postal Service: out of money, and almost out of time. But not out of options.”

In June, Issa and Florida Republican Rep. Dennis Ross introduced the Postal Reform Act of 2011, which would restructure the Postal Service’s finances and business model in order to save it from financial ruin.

The new website provides information about that plan along with a countdown clock to the USPS’s September 30 default deadline.

“The USPS is fast-approaching default and without serious reforms it will collapse and be unable to meet payroll as early as next year,” Issa said. “The American people will not accept the bailout of yet another failing institution which is why Congress must act to put the Postal Service on a sustainable course.”

Watch:

  • http://twitter.com/slvrser Frank

    Here’s an idea, how about the government stops paying these overcompensated postal workers $20-25 an hour for doing next to nothing? The machines sort most of the mail, why are these people getting paid nearly 6 figures for delivering mail? I found it ironic how there was a commercial put out by the USPS saying, “We’re not dependent on taxpayers, all of our revenue comes from stamps.” I personally found that to be a bunch of bull considering how they’ve been in the deficit for quite some time and despite these macroeconomic changes in technology making them more irrelevant, they insist on being paid more for providing a service that has deteriorated in demand. The problem isn’t the service in itself, but the bloated pay and benefits that they’ve been given. It trips me out that they were once complaining because Netflix DVD’s would overwhelm their operations, but now that most prefer streaming, now they’re complaining because they don’t get enough mail volume. You know what that says? There’s too many employees in the cookie jar insisting on working on the taxpayers dime looking to be overcompensated for doing next to nothing. Either cut the pay or cut the staff, it’s that simple. If the country gets downsized, it shouldn’t be any different for these government union members to get the same fair treatment, rather than asking Congress for a bailout every time their finances face systemic risk or default. 

  • http://twitter.com/slvrser Frank

    Here’s an idea, how about the government stops paying these overcompensated postal workers $20-25 an hour for doing next to nothing? The machines sort most of the mail, why are these people getting paid nearly 6 figures for delivering mail? I found it ironic how there was a commercial put out by the USPS saying, “We’re not dependent on taxpayers, all of our revenue comes from stamps.” I personally found that to be a bunch of bull considering how they’ve been in the deficit for quite some time and despite these macroeconomic changes in technology making them more irrelevant, they insist on being paid more for providing a service that has deteriorated in demand. The problem isn’t the service in itself, but the bloated pay and benefits that they’ve been given. It trips me out that they were once complaining because Netflix DVD’s would overwhelm their operations, but now that most prefer streaming, now they’re complaining because they don’t get enough mail volume. You know what that says? There’s too many employees in the cookie jar insisting on working on the taxpayers dime looking to be overcompensated for doing next to nothing. Either cut the pay or cut the staff, it’s that simple. If the country gets downsized, it shouldn’t be any different for these government union members to get the same fair treatment, rather than asking Congress for a bailout every time their finances face systemic risk or default. 

  • http://pulse.yahoo.com/_MKO3WXOCP3KI4X4NZYDJIYOPRA Tori

    1) Ending Saturday delivery accomplishes nothing.  Reduce delivery to 3 days per week.  People want more than that, they can pay extra for it.  No need for daily delivery; with any “important” mail one gets comes at least 2 weeks to 1 month to respond anyway.

    2) In fact, people who want mail delivery to their homes should pay more, period.  It makes no sense that you pay to get a PO Box to pick up your mail when the same post office will put it in a truck, gas it up, and drive it to you free of charge.  You want at-home delivery at all, you should pay extra for that extra service.

    3) Go electronic.  That is, @usps.com domains for Americans with our street addresses serving as our email addresses.  You know, some of us would actually pay to not receive physical mail ever–explore that pay-to-opt-out option as well.

    Time to reform this junk is now.  I understand 80% of USPS cost is labor.  Well, since no one really has a true need to get physical mail every single day, there’s no reason for at least 80% of that labor force.  Cutting delivery days to save the system takes care of that cost too. 

    However, you all know Obama won’t do it.  This is a microcosom of his faults.  And, well, on the republican side, only Romney can beat Obama, so the decision is obvious.  Don’t make me lmao by saying Rick Perry is polling well; that guy is an idiot.  But moreover, he’s a lifelong politician, one who’s not only flip flopped parties, but from supporting the Al Gore presidency, global warming and social security.  Well, that’s all beside the point, of course, because with Perry, he’ll only win all the same red states that any republican would win.  Romney is competitive everywhere, can turn blue states red.  Ohio, Penn, Mich, Virginia….Florida..those can go red with Romney….with a Perry, Palin, Bachmann….we get loudmouths who are running on cultural identity who will get clobbered. 

    I’ve gone on a tangent, so the only way to end this is to say:  Go CANES.

    P.S.  I love asian chicks too.

  • http://pulse.yahoo.com/_MKO3WXOCP3KI4X4NZYDJIYOPRA Tori

    I’ve not put much thought into this issue, much less done any math, but upon hearing of this annoying problem I was forced to consider it and so it stands to reason that just a few basic measures should do the trick:

    Firstly, ending Saturday mail-delivery is nothing.  The USPS should immediately reduce delivery to 3 days a week.  Never any more than that.  Anything “important” you get in the mail you always have at least 30 days to repsond to.  There’s no reason whatsoever for daily mail anymore; the bulk of it is junk, as personal communications go email, social network, or cell phone.

    Secondly, if that’s not enough, charge for those 3 days as well.  The notion that you pay to go to the Post Office to pick up your mail at your PO Box but not to have that same post office fuel up a truck and deliver it to your house is entirely backwards.  Americans who want mail to the door should pay extra for that extra service, not less. 

    Thirdly, if neither measure spares the system, go electronic.  That is, @usps.com domains for Americans with our addresses serving as our official mail e-addresses.

    I’d favor going straight to step 3, but still yet not all would like that.  So, I think it’s obviously best to initiate all three steps to varioius degrees.  I understand 80% of USPS cost is labor.  Well, slashing delivery to 3 days will solve that problem, too.  Provide the opt-out option for those of us who desire zero physical pieces of mail—in fact, some of us would actually pay a fee to not get mail, you know.  Charge for home delivery, not PO Boxes.  And if some desire to-the-home delivery more than thrice weekly, then have them pay extra for that. 

    I’m sure there are more ideas and better ways to organise the ones I’ve said here, so let’s get them ironed out and proposed.  The days of needing mail are long gone, and so should the bureaucractic controls that have kept a labor force far larger than need be.  If there’s a time to reform crap like this, it is now.

    P.S.  Oh, but Obama won’t hear of it, so vote for Romney in 2012, btw.  It’s funny how so-called conservatives hate Mitt and call him an establishment figure, ha!  He and Herman Cain are the only nonpoliticians in the race.  Everyone else in the GOP race is a lifelong politician, especially Rick Perry, who has been in office since 1984.  Plus, lol, plus, if anyone’s a flipflopper it is him with his support of Al Gore for president, his belief in global warming then not, his tax and spending versus his rhetoric, and, lol, even his party affiliation..he was a lifelong Dem until he needed to win an election…..bah, didn’t mean to sway into this, but when I see fools calling Romney an establishment pol when he’s one of just two who are not, I just cannont resist.  Not to worry, Perry can’t turn any blue state red and so he’ll fade away before our nominations. 

    And, why not:  Go CANES!
    Might as well add:  I love asian girls too.