Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsListening to DeJoy today and all the images from Post Offices
This isn't just trying to destroy an election this is what you see when a company is going out of business/being sold to a competitor.
IF Trump manages to steal a second term they will put the Post Office out of business.
17 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Listening to DeJoy today and all the images from Post Offices (Original Post)
progressive nobody
Aug 2020
OP
Walleye
(45,239 posts)1. Was his lying really obvious, or is it just me?
progressive nobody
(816 posts)5. +100000000000
onecaliberal
(36,594 posts)2. He lied his ass off the entire time
stillcool
(34,407 posts)3. that's the plan...
they've been chipping away, and now they have taken out the sledgehammer.
How Susan Collins engineered the postal service disaster shes now protesting
Published 1 min ago on August 19, 2020By Eric Cortellessa, The Washington Monthly
https://www.rawstory.com/2020/08/how-susan-collins-engineered-the-postal-service-disaster-shes-now-protesting/
As it turns out, Collins is actually one of the members of Congress most responsible for the Postal Services devastation. Long before DeJoy started manipulating the USPS, Collins was at the forefront of a bill that crippled the agencys finances.
In 2005, she sponsored and introduced legislation, the Postal Accountability and Enhancement Act (PAEA), that required the USPS to pre-pay the next 50 years worth of health and retirement benefits for all of its employeesa rule that no other federal agency must follow. As chair of the Senate oversight panel at the time, she shepherded the bills passage, along with her House GOP counterpart Tom Davis, during a lame-duck session of Congress. It passed by a voice vote without any objectionsa maneuver that gave members little time to consider what they were doing.
To meet the mandate for prefunding USPSs health and retirement benefits, the measure required the Postal Service to place roughly $5.5 billion into a pension fund every year between 2007 and 2016, followed by sizable additional payments, making it impossible for the institution to run a profit. To make it even harder for the USPS to make money, the law prohibited the agency from any new activities outside of delivering mail. In an essay for the Washington Monthly last year, New Jersey Congressman Bill Pascrell, who voted for the bill, called it one of the worst pieces of legislation Congress has passed in a generation.
Thats because it saddled the institution with debt that no other government agencyor private companyis responsible for. At the same time, it effectively blocked the USPS from taking advantage of new opportunities to provide services and garner revenue when it needed to make up for losses stemming from declines in first-class mail due to the rise of the Internet and email.
Now, the post currently has $160.9 billion in debt, of which $119.3 billion is the result of pre-funding retiree benefits. That was by design. As Pascrell wrote, To argue that the Postal Service needs to be privatized, conservatives need to show that it is dysfunctional, and theres no better way to do that than by weighing the agency down with impossible financial obligations.
Published 1 min ago on August 19, 2020By Eric Cortellessa, The Washington Monthly
https://www.rawstory.com/2020/08/how-susan-collins-engineered-the-postal-service-disaster-shes-now-protesting/
As it turns out, Collins is actually one of the members of Congress most responsible for the Postal Services devastation. Long before DeJoy started manipulating the USPS, Collins was at the forefront of a bill that crippled the agencys finances.
In 2005, she sponsored and introduced legislation, the Postal Accountability and Enhancement Act (PAEA), that required the USPS to pre-pay the next 50 years worth of health and retirement benefits for all of its employeesa rule that no other federal agency must follow. As chair of the Senate oversight panel at the time, she shepherded the bills passage, along with her House GOP counterpart Tom Davis, during a lame-duck session of Congress. It passed by a voice vote without any objectionsa maneuver that gave members little time to consider what they were doing.
To meet the mandate for prefunding USPSs health and retirement benefits, the measure required the Postal Service to place roughly $5.5 billion into a pension fund every year between 2007 and 2016, followed by sizable additional payments, making it impossible for the institution to run a profit. To make it even harder for the USPS to make money, the law prohibited the agency from any new activities outside of delivering mail. In an essay for the Washington Monthly last year, New Jersey Congressman Bill Pascrell, who voted for the bill, called it one of the worst pieces of legislation Congress has passed in a generation.
Thats because it saddled the institution with debt that no other government agencyor private companyis responsible for. At the same time, it effectively blocked the USPS from taking advantage of new opportunities to provide services and garner revenue when it needed to make up for losses stemming from declines in first-class mail due to the rise of the Internet and email.
Now, the post currently has $160.9 billion in debt, of which $119.3 billion is the result of pre-funding retiree benefits. That was by design. As Pascrell wrote, To argue that the Postal Service needs to be privatized, conservatives need to show that it is dysfunctional, and theres no better way to do that than by weighing the agency down with impossible financial obligations.
progressive nobody
(816 posts)6. YEP!!!
Hoyt
(54,770 posts)12. You do realize 201 House Democrats voted for the Bill, not one against it.
stillcool
(34,407 posts)14. and does that change something?
per the article....
As chair of the Senate oversight panel at the time, she shepherded the bills passage, along with her House GOP counterpart Tom Davis, during a lame-duck session of Congress. It passed by a voice vote without any objectionsa maneuver that gave members little time to consider what they were doing.
Hoyt
(54,770 posts)15. A bunch of Democrats sponsored the legislation. Surely you don't
believe they were trying to scuttle the PO?
stillcool
(34,407 posts)16. I don't know what their intent was..
do you?
SheltieLover
(81,450 posts)4. Yes they will.
OnDoutside
(20,868 posts)7. DeJoy has actually opened himself up to legal jeopardy as a result
of today's hearing, if Dems do their homework. I see the Senate hearing as a range finder for the likes of Katie Porter, and I have good hopes that they will be pouring over his transcript for Monday.
progressive nobody
(816 posts)8. I can't believe CNN and MSNBC didn't show it.
OnDoutside
(20,868 posts)10. As long as they cover the one on Monday then I'm good. But yes,
they should have covered it
progressive nobody
(816 posts)11. They should.
Hoyt
(54,770 posts)13. They showed some because I saw it.
meadowlander
(5,146 posts)9. Yep, bust out.

SharonAnn
(14,178 posts)17. Tht's what I was thinking.