Federal Government Bankrupts Postal Service

By Douglas V. Gibbs

The corrupt establishment politicians of the federal government have proven they can't get anything right. They can't even keep the post office from collapsing. . . okay, perhaps the Internet and Email may have had something to do with it, but the postal service was losing money thirty-plus years ago, too - and there was no Internet to blame back then.

According to the New York Times, the postal service is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.

I still say the problem is management, more than the Internet.

History proves it.

In other words, unsustainable health care plans, and pensions.

-- Political Pistachio Conservative News and Commentary

Postal Service Is Nearing Default as Losses Mount - New York Times