• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

forever stamps, bitchez

EO 11110

CENSORSHIP KILLS
Mother Lode
Site Supporter ++
Joined
Jul 31, 2010
Messages
17,518
Likes
15,865
Location
clown world
#1
bunch of stock trading bond fund silver bar rolex real estate buying wankers, the whole lot of ya

the int'l banker fears the forever stamp

1597298442809.png
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#2
Another reason the government keeps messing with the Post Office...
 

gringott

"Veteran of the Battle of Knob Creek"
Midas Member
Site Supporter ++
Joined
Apr 2, 2010
Messages
16,587
Likes
24,098
Location
Stable
#3
Hey, not too long ago the USPS dropped the price of the forever stamp.

My huge inflation hedge got monkey hammered.
I still suffer PTSD every time I get a letter.
 

gringott

"Veteran of the Battle of Knob Creek"
Midas Member
Site Supporter ++
Joined
Apr 2, 2010
Messages
16,587
Likes
24,098
Location
Stable
#5
^^^^^^^^^^^^
"All of which is to say that I really hate what the Republicans are trying to do to the post office. It’s by now pretty obvious that the Trump Administration is attempting to sabotage mail delivery in order to cast some kind of shadow over the November election. Donald Trump’s newly installed Postmaster General, Louis DeJoy, who earned the position with more than two million dollars in donations to the Trump campaign and other Republican causes since 2016, has eliminated all overtime; a memo to employees declares that, as a result, “if we cannot deliver all the mail due to call offs or shortage of people and you have no other help, the mail will not go out.”

Wow. They are decimated by the Chinese Flu restrictions. No mention of that. I tried to research a bit on the information in the story, although the links provided also only referenced the same USPS memo to employees, no access to that document was provided, only "interpretations" of what it said. In other words, and a meme is worth a thousand words.

1597312694298.jpg
 

ZZZZZ

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
6,197
Likes
13,449
Location
Northern Arizona
#6
Forever was the surest safest return on investment I ever made. I bought $250 worth of the suckers when they first came out. I've used maybe half of the stockpile.

The USPS is a national embarrassment. They should be taken out behind the barn and put out of the taxpayer's misery. And then the carcass should be auctioned off to UPS, FedEx, or anybody who wants it.

If you live out in the Boonies, 50 or 100 miles away from the nearest post office, that's you're choice. Expecting the post office to deliver your junk mail or that postcard from cousin Fred 6 days a week is absurd.
.
.
 

Lancers32

Silver Miner
Joined
May 10, 2020
Messages
815
Likes
1,035
Location
Down South
#7
3 days a week is probably sufficient for residential mail. I wouldn't have said the same for business mail delivery since a lot of businesses receive payments in the mail daily but since TPTB closed down the world fuck if it matters anymore.
 

gringott

"Veteran of the Battle of Knob Creek"
Midas Member
Site Supporter ++
Joined
Apr 2, 2010
Messages
16,587
Likes
24,098
Location
Stable
#8
It sometimes takes days now (or you never) to get a human being on a telephone or get a response to an email, I am talking about business.

I have already fired a doctor and an insurance company over these issues, and am about to fire my Credit Union, they are on double secret probation.

I can hang with a day or two delay in mail. But that is just me.
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#9
The government is removing sorting equipment in Post Offices...read at least 2 stories so far.
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#10
https://www.businessinsider.com/usps-turning-off-mail-sorting-machines-ahead-of-the-election-2020-8

"United States Postal Service workers say mail-sorting machines are being taken apart and removed from distribution facilities across the US, raising concerns about their ability to handle a surge in mail-in ballots for the general election in November.

At least 19 mail-sorting machines, which can process up to 35,000 pieces of mail per hour, have been removed without any explanation, postal workers told Motherboard. And an internal letter published by the USPS in June outlines a plan to remove hundreds of mail-sorting machines from operation this year.

It's the latest in a series of sweeping changes that Postmaster General Louis DeJoy, a major donor to President Donald Trump." Of course this MIGHT be a repeal and replace deal....
 

ZZZZZ

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
6,197
Likes
13,449
Location
Northern Arizona
#11
https://www.businessinsider.com/usps-turning-off-mail-sorting-machines-ahead-of-the-election-2020-8

United States Postal Service workers say mail-sorting machines are being taken apart and removed from distribution facilities across the US, raising concerns about their ability to handle a surge in mail-in ballots for the general election in November.

At least 19 mail-sorting machines, which can process up to 35,000 pieces of mail per hour, have been removed without any explanation, postal workers told Motherboard. And an internal letter published by the USPS in June outlines a plan to remove hundreds of mail-sorting machines from operation this year.

It's the latest in a series of sweeping changes that Postmaster General Louis DeJoy, a major donor to President Donald Trump
OK, how many sorting machines does the USPS have? I would guess a whole lot, tens of thousands.

And maybe these have been removed to be replaced by newer, more efficient ones?
.
.
 

EO 11110

CENSORSHIP KILLS
Mother Lode
Site Supporter ++
Joined
Jul 31, 2010
Messages
17,518
Likes
15,865
Location
clown world
#12
https://www.businessinsider.com/usps-turning-off-mail-sorting-machines-ahead-of-the-election-2020-8

"United States Postal Service workers say mail-sorting machines are being taken apart and removed from distribution facilities across the US, raising concerns about their ability to handle a surge in mail-in ballots for the general election in November.

At least 19 mail-sorting machines, which can process up to 35,000 pieces of mail per hour, have been removed without any explanation, postal workers told Motherboard. And an internal letter published by the USPS in June outlines a plan to remove hundreds of mail-sorting machines from operation this year.

It's the latest in a series of sweeping changes that Postmaster General Louis DeJoy, a major donor to President Donald Trump." Of course this MIGHT be a repeal and replace deal....
this is going to light a fire under forever stamp values. human sorting instead of machine? ka-ching
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#14
OK, how many sorting machines does the USPS have? I would guess a whole lot, tens of thousands.

And maybe these have been removed to be replaced by newer, more efficient ones?
.
.
Usually, when one machine goes out the door, the new one comes in that same day or week
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#15
Damn , it’s getting rough around here when the problems of the post office are blamed on POTUS

orange man bad
Orange Man picked the new boss....
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#18
and wtf does that have to do with 50 years of bad operators?

they all get a pass?

geeze , pay attention here son so you keep up with the class
His guy took the machines out...without having the new machines ready to go back in the same day. Other than the P.O. being used as a giant cash cow, it works fine. The one government service that works.
 

EO 11110

CENSORSHIP KILLS
Mother Lode
Site Supporter ++
Joined
Jul 31, 2010
Messages
17,518
Likes
15,865
Location
clown world
#19
post office, i hear, is outside of feggov -- some kind of hybird mutt thing, like a gsa (gov sponsored enterprise). never really dug into it, but uber solid source i was listening to mentioned it more than once re previous dramas
 

Silver

Platinum Bling
Midas Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,300
Likes
12,451
#20
post office, i hear, is outside of feggov -- some kind of hybird mutt thing, like a gsa (gov sponsored enterprise). never really dug into it, but uber solid source i was listening to mentioned it more than once re previous dramas
https://www.quora.com/Is-the-U-S-Postal-Service-a-private-or-government-owned-company?share=1

Is the U.S. Postal Service a private or government owned company?

14 Answers


John Ishee

, former Postal Worker (Retired) at U.S. Postal Service (1983-2013)
Answered June 4, 2020 · Author has 201 answers and 70.4K answer views

Originally Answered: Is the US postal service a government corporation?

The US postal service (despite quibbles by some) is a “quasi-governmental" organization. Before 1971, it was a department of government, supported by taxes. It was one of the original functions of Government, mentioned in the Constitution. In fact, it existed, in some form, even before the United States came into existence. However, in 1971, the Republican Congress (in it's infinite “wisdom"), bowed to pressure from certain business pressure groups, and special interests, and decided to meddle into what had, heretofore, been one of the U.S. government's most successful, popular, and well run ( for government) agencies.

They decided that the Postal Service needed to be run for a profit, making money from the sale of stamps, and certain other income sources. What they created was neither “fish, nor fowl". Special interests complained that they were unable to compete in certain areas against the Service, because the Post Office (as it was known then) had a monopoly, supported by taxpayers.

On the other hand, neither was the new Postal Service allowed to be run as a completely self-sufficient business. For one thing, there was still the (now seen as “quaint") idea of “universal service", meaning the agency had to deliver mail to everyone, everywhere, within the U.S.. For another, unlike companies like UPS or FEDEX, the Postal Service was not allowed to buy and operate it's own fleet of aircraft (much cheaper and more efficient), but had to contract out mass delivery to private companies.

There were also restrictions placed on what other kinds of products and services the Post Office could sell (toys bearing logos and stamp designs, for example), or buy (uniforms, and vehicles), or even the setting of rates for their services, because again, private concerns complained about “unfair competition “.

Still, until the Internet lead to the precipitous decline of First Class mail (profits from which were used to subsidize other types of mail), and constraints by Congress placed on pension funding, the Postal Service was still running a modest year-to-year profit. Now the Service is again being threatened by Mr. Trump and Republicans, who apparently wish the agency would disappear, and all its functions (or, at least, the profitable ones) taken over by private companies. As usual, the ones to suffer (besides its hard-working, dedicated employees), are the ordinary citizens of this country.
 

EO 11110

CENSORSHIP KILLS
Mother Lode
Site Supporter ++
Joined
Jul 31, 2010
Messages
17,518
Likes
15,865
Location
clown world
#21
ahhhhh - this ties into what i heard

profitable -- privatize it

losing money -- public gets to fund it and eat the losses

disgusting trash in nyc/dc bilking us
 

ZZZZZ

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
6,197
Likes
13,449
Location
Northern Arizona
#22
A government-run postal system might have made sense back in the days of the colonies or later the Pony Express when they had to ride through hostile Injun territory.

Today, the entire thing is an obsolete superfluous dinosaur.

As they used to say, we have the inefficiencies of the Post Office to thank for the invention of the fax machine. And then later email.
.
.
 

Silver

Platinum Bling
Midas Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,300
Likes
12,451
#23
USPS is great asset to small businesses that ship packages. Business rates are half the cost of normal rates and much cheaper than UPS and FedEx for small packages. They offer free software, you print your own labels, pay the postage, and all you have to do is drop off the packages at the PO - if you have home and business delivery in your area, they also pickup. A great service.

The PO should also offer banking services. They do in a minor way with money orders at $1.50 for up to a $1000. each. You can even use mobile banking with PO Money Orders.
 

ZZZZZ

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
6,197
Likes
13,449
Location
Northern Arizona
#24
USPS is great asset to small businesses that ship packages. Business rates are half the cost of normal rates and much cheaper than UPS and FedEx for small packages. They offer free software, you print your own labels, pay the postage, and all you have to do is drop off the packages at the PO - if you have home and business delivery in your area, they also pickup. A great service.

The PO should also offer banking services. They do in a minor way with money orders at $1.50 for up to a $1000. each. You can even use mobile banking with PO Money Orders.
I sell a lot of stuff on eBay and the Post Office rate increases over the last few years are outrageous. And the rates are still subsidized at that. End the subsidies for bulk and junk mail and let each class of service carry its own weight.

Yeah great, just what the country needs, government owned and run banks.
.
.
 

Silver

Platinum Bling
Midas Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,300
Likes
12,451
#25
I sell a lot of stuff on eBay and the Post Office rate increases over the last few years are outrageous. And the rates are still subsidized at that. End the subsidies for bulk and junk mail and let each class of service carry its own weight.

Yeah great, just what the country needs, government owned and run banks.
.
.
You obviously don't have USPS business setup. As I said, the rates are half what they are when you go to the PO and ship a package.

So you're pleased with our Federal Reserve banking system, go figure.
 

Buck

Come On, Man!
Midas Member
Site Supporter ++
Joined
Apr 13, 2011
Messages
14,472
Likes
16,270
#26
https://www.businessinsider.com/usps-turning-off-mail-sorting-machines-ahead-of-the-election-2020-8

"United States Postal Service workers say mail-sorting machines are being taken apart and removed from distribution facilities across the US, raising concerns about their ability to handle a surge in mail-in ballots for the general election in November.

At least 19 mail-sorting machines, which can process up to 35,000 pieces of mail per hour, have been removed without any explanation, postal workers told Motherboard. And an internal letter published by the USPS in June outlines a plan to remove hundreds of mail-sorting machines from operation this year.

It's the latest in a series of sweeping changes that Postmaster General Louis DeJoy, a major donor to President Donald Trump." Of course this MIGHT be a repeal and replace deal....

BI should be BS

business insider is such trash, they're as invalid as MSNBC CNN FOX, all the rest

FAKE NEWS

anonymous sources, called by any other name, are just as fake as the real ones...
 

ZZZZZ

Platinum Bling
Platinum Bling
Site Supporter ++
Joined
Dec 23, 2017
Messages
6,197
Likes
13,449
Location
Northern Arizona
#27
You obviously don't have USPS business setup. As I said, the rates are half what they are when you go to the PO and ship a package.

So you're pleased with our Federal Reserve banking system, go figure.
I use ShipStation and get all the discounts.

I agree, the Fed is the problem, see my avatar. But a government-owned bank would be even worse than the private banks.
,
,
 

newmisty

Splodey-Headed
Midas Member
Site Supporter ++
Joined
Mar 31, 2010
Messages
32,272
Likes
50,609
Location
Qmerica
#28
I had forgotten that I'd picked up some FS's myself...aside from the Jimi Hendrix ones I can't find! Story of my life.
Anyway snapped a shot for the thread while I had em out.

IMG_20200813_225935526.jpg
 

Silver

Platinum Bling
Midas Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,300
Likes
12,451
#29
I use ShipStation and get all the discounts.

I agree, the Fed is the problem, see my avatar. But a government-owned bank would be even worse than the private banks.
,
,
The PO offered banking services from 1911 to 1967. That sector has been taken over by pay day lending and pawn shops.

https://www.theatlantic.com/busines...oor-people-as-well-as-it-treats-banks/410614/

Snip:
One way the federal government might do this is through the existing U.S. Postal Service structure. In fact, postal banking was the largest and most successful experiment in financial inclusion in U.S. history and remains the primary tool for financial inclusion across the world. The basic idea of modern postal banking is a public bank offering a wide range of transaction services, including financial transactions, remittance, savings accounts, and small lending. These institutions would remain affordable because of economies of scale and because of the existing postal infrastructure in the U.S. Plus, in the absence of shareholders, they would not be driven to seek profits and could sell services at cost.



A public option in banking would balance the scales of government support for the banking industry and could potentially drive out the usurious fringe-lending sector, which profits from Americans’ financial woes. There are millions of individuals whose otherwise stable financial lives can be upended by one unexpected event that snags them in an otherwise temporary liquidity crunch.
 

newmisty

Splodey-Headed
Midas Member
Site Supporter ++
Joined
Mar 31, 2010
Messages
32,272
Likes
50,609
Location
Qmerica
#30
But a government-owned bank would be even worse than the private banks
,
To me those are one in the same anyway.
 

Buck

Come On, Man!
Midas Member
Site Supporter ++
Joined
Apr 13, 2011
Messages
14,472
Likes
16,270
#31
the USPS has been a bona-fide piggy bank for Congress for Decades

iirc, Congress crushed their own bank, they had something to do with USPS's issues
well, that and the communists they put in charge of the operation over the years...
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#32
I sell a lot of stuff on eBay and the Post Office rate increases over the last few years are outrageous. And the rates are still subsidized at that. End the subsidies for bulk and junk mail and let each class of service carry its own weight.

Yeah great, just what the country needs, government owned and run banks.
.
.
Works in one state. https://ilsr.org/rule/bank-of-north... is the only,institutions… within the State.” By the way, private banks fail all the time, we used to have a thread on Bank Failures...https://socialism.com/fs-article/how-banks-run-the-world/
 

spinalcracker

On a mail train.
Sr Site Supporter
Platinum Bling
Joined
Apr 1, 2010
Messages
4,663
Likes
13,479
Location
On a mail train.
#33
Post Office needs a shake up if it’s going to be a non government business.

Here is just one example of the lunacy.

A friend here works at the post office. She is moving a 150 miles away and put in for a transfer.

She has to be replaced. I asked her if the PO had found someone yet cause she put in her notice at least two weeks ago.

She told me the PO won’t even post her job until she is gone. Then the PO will send someone here from a neighboring county to run it until they hire someone new.

Then the PO will post the job opening , take applications , do interviews , etc etc so 2-3 months later a new hire.

Who the hellruns a business like that?
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#34
Post Office needs a shake up if it’s going to be a non government business.

Here is just one example of the lunacy.

A friend here works at the post office. She is moving a 150 miles away and put in for a transfer.

She has to be replaced. I asked her if the PO had found someone yet cause she put in her notice at least two weeks ago.

She told me the PO won’t even post her job until she is gone. Then the PO will send someone here from a neighboring county to run it until they hire someone new.

Then the PO will post the job opening , take applications , do interviews , etc etc so 2-3 months later a new hire.

Who the hellruns a business like that?
Sadly governments do that all the time, we lost our Office Associate/secretary to higher private pay 6 months ago. They promise a new person soon.
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#36

newmisty

Splodey-Headed
Midas Member
Site Supporter ++
Joined
Mar 31, 2010
Messages
32,272
Likes
50,609
Location
Qmerica
#37
My mom ran a business for a bunch of years doing bulk mailing so I was often sorting envelopes stuffing mail bags I'm slipping into the post office loading them on their cards and then handing the paperwork over to the staff. I learned a lot about the system and personally I'm absolutely amazed at the sheer volume and complexity of what they handle. Bulk rate this business rate that, special tags, special bags be etc.

She would do mailings of tens of thousands of pieces and they would all be bundled up according to zip code Etc. But then there's also different rates depending on how you sort the mail before you bring it. So there's one service where the mail can be in any order at all with zip codes mixed up and you just tossed it in the bag and give it to them. But more often wall painting the envelope about you need to keep them in sequential order while stuffing and then keep those bundled in groups and then keep those groups bundling bags and keep the bags bundled and trays and then keep the trays bundled in carts. Pretty crazy stuff really.
 

Fatrat

Silver Member
Silver Miner
Site Supporter
Joined
Apr 15, 2018
Messages
5,648
Likes
6,251
#38

Buck

Come On, Man!
Midas Member
Site Supporter ++
Joined
Apr 13, 2011
Messages
14,472
Likes
16,270
#39
And now they are picking up the Drop Boxes....https://www.wweek.com/news/2020/08/...has-removed-mailboxes-in-portland-and-eugene/ Earlier today, President Donald Trump said he is intentionally undermining the USPS to make it more difficult to vote by mail, causing concern among Americans as the November election approaches. Many citizens are planning to vote by mail to avoid venturing into crowded polling areas during the COVID-19 pandemic.
why didn't you reference the rest of it?

"The agency says mailboxes will only be removed from clusters where multiple boxes are stationed together. "