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In reply to the discussion: Return to Sender: US Post Office actually has an operating PROFIT [View all]TheBlackAdder
(29,981 posts)What does a PE company do to make money?
Go ahead, I want you to write what you know about them without kicking it back to me.
Here's a hint:
1) Sell off all REAL ESTATE assets, valued in the tens of billions.
2) Sell off all tangible assets, machinery, vehicles, materials.
3) Reduce pension benefits.
4) Borrow against remaining assets (pension fund) until the firm folds or another buyer is found.
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The GOP Party Platform talks about USPS Privatization along with the Constitution (though the USPS is in it):
http://www.gop.com/wp-content/uploads/2012/08/2012GOPPlatform.pdf
Restructuring the U.S. Postal Service
for the Twenty-First Century
The dire financial circumstances of the Postal
Service require dramatic restructuring. In a world of
rapidly advancing telecommunications, mail delivery
from the era of the Pony Express cannot long survive.
We call on Congress to restructure the Service to ensure
the continuance of its essential function of delivering
mail while preparing for the downsizing
made inevitable by the advance of internet communication.
In light of the Postal Services seriously underfunded
pension system, Congress should explore
a greater role for private enterprise in appropriate aspects
of the mail-processing system.
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Your next reply will just be that of an Internet Troll as you watch the news.