Apr 19
Every inspection of U.S. Postal facilities has found stamped mail illegally destroyed, thrown in trashcans or hidden in workers’ vehicles or personal spaces. The U.S. Postal Service charges more than twice what a private sector business would charge for the same services, but maintains its monopoly on letter delivery by acts of Congress. The government …
Jan 13
Every inspection of every U.S. Post Office facility has always found duly-stamped mail in trash bins. Postal workers have been caught throughout the U.S. burning, burying, hiding, and disposing of stamped mail rather than delivering it. Here is yet another story of a U.S. Postman who was caught burning entire tubs of mail. The U.S. …
Oct 28
The U.S. Postal Service monopoly is unconstitutional* and has caused great harm to the American economy. The Postal Service has had one profitable quarter since 2006. It has lost $63 billion during that time, averaging around $5 billion in losses each year. (To put this in perspective, the annual budget of the State of Montana …
Jul 19
“Campaign finance reformers” often depict (private sector) funding of political ads as an overwhelmingly influential factor in elections. But there are many ways that people and institutions influence election outcomes. Government agencies have numerous means of trying to influence the political sphere. Now the Washington Post reports that the US Postal Service gave time off …
Jul 14
The Wall Street Journal is out with a fascinating article about a-mostly-unknown agreement between the U.S. Postal Service and Amazon.com. The U.S. Postal Service has failed to innovate as the world has gone increasingly digital. But in order to stay “competitive” with FedEx and UPS, the Service subsidizes box delivery. Letters pay for the subsidy. …
Jan 22
Government sucks at everything it tries–with the exception of killing, stealing and impoverishing. The U.S. Postal Service lost $5.1 billion last year – and more than $50 billion over the last decade. Even with every advantage in the market–including the world’s most prestige locations, a monopoly on its core operations, paying no taxes (either property …
Oct 20
Many people believe the U.S. Postal Service monopoly is found in the Constitution. In fact, the Constitution merely says Congress has the power to establish a postal service. Not only is there no power to grant a postal monopoly in the Constitution, the OTHER provisions of the Constitution make it clear that Congress MAY NOT …
Jul 07
Since 2007 the U.S. Postal Service has lost more than $50 billion. Its unfunded liabilities for its employees’ extravegent retirement benefits are nearly $100 billion. This despite having every advantage in the market place. Paying no taxes (property or income); being able to keep out competition; eminent domain; prestige locations, etc. Rural Post Offices are …
Apr 01
Government sucks at almost everything. Its “goods and services” cost more and are of lower quality despite the fact that the government enjoys every possible advantage in the marketplace. Consider the U.S. Postal Service. It has been losing a billion dollars annually for years. Yet “it enjoys a range of government-conferred benefits. It has monopolies …
Feb 20
Brian McNicoll, a columnist who follows the economic plight of the U.S. Postal Service, says the Service has lost money every year since 2007. The U.S.P.S. has lost more than $51 billion since the [2008] downturn began. The Service has not made a payment since 2011, and is more than $50 billion in arrears now. …
