The U.S. Postal Service loses over $5 billion annually despite having a monopoly, owning some of the world’s most prestigious real estate, and paying no income, property, or corporate tax. Every inspection of a Postal facility has found undelivered mail hidden in trash bins or corners. USPS employees are paid more than twice what private …
Category: Against the U.S. Postal Service
Jan 04
U.S. Postal Service has unfunded pension liabilities of almost $50 billion
The U.S. Postal Service loses $5 to $7 billion annually. It pays its workers too much; and thousands of people apply for every opening. Managers of the pension program for the USPS’s millionaire retirees have not been contributing much to the pension fund over the past 20 years, due to the horrendous fiscal condition of …
Aug 14
U.S. Postal Service on Pace to Lose $8 Billion in 2019
The U.S. Postal Service enjoys every advantage in the marketplace. It pays no property, income, or corporate taxes. It owns and occupies some of the world’s most strategic and prestigious real estate It has an unconstitutional monopoly on first-class letter delivery. (By contrast, its package-delivery competitor FedEx pays billions annually in taxes.) (To put these …
Jun 26
Piles of stolen mail found in deceased U.S. postal worker’s storage locker
Another U.S. Postal worker has been found to have stolen mountains of mail. The U.S. Postal Service maintains an unconstitutional monopoly over 1st class letter delivery; and the “Service” protects its monopoly with brutal tactics. The USPS enjoys every possible advantage in the market. It pays no corporate, property, or income tax. It owns some …
Nov 30
More U.S. Postal workers caught stealing money from greeting cards
Greeting cards tend to have a distinctive size and shape. More than one U.S. Postal worker has been recently caught stealing cash from them. See here. This is despite the fact that U.S. Postal workers are paid at least twice what they would make in the private sector for the same work.
Oct 10
U.S. Postal Service again seeks a massive increase in postage rates
The U.S. Postal Service is an unconstitutional monopoly which charges more than twice what a private firm would charge, yet which loses billions of dollars annually. The government postal “service” has every possible market advantage, yet can’t seem to operate profitably. The U.S.P.S. pays no corporate, income, or property taxes and owns some of the …
Apr 19
More U.S. postal workers arrested for keeping mail
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
Another U.S. Postal Worker Caught Burning Mail
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
US Postal Service has had one profitable quarter since 2006; it has lost $63 billion during that time
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
US Postal Service gave time off and benefits to postal workers who campaigned for Hillary
“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 …
