General Discussion

fredamae

(4,458 posts)

28. They want the Retirement Fund Money for the 1%

Wed Nov 19, 2014, 02:30 PM

Nov 2014

I understand it thusly:
USPS must have Amassed an Enormous Fortune over the years under the 2006 GOP legislation requiring the USPS to amass a retirement fund to cover 75 years forward and they were statutorily mandated to do this with-in 10 years. That is Why the USPS struggles. If it weren't for these Billions that are required to be dumped into this fund annually - The USPS would be in Fine shape.

So, the GOP just needs to declare USPS bankrupt, usurp the money, leave retirees in the street and Privatize for UPS/FedX et al, our Constitutionally established postal service. The only thing left to do for GOP? Laugh all the way to the bank.

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Wave Goodbye To The US Postal Service -- GOP Poised To Kill It [View all] Triana Nov 2014 OP

Stupid stupid stupid. drm604 Nov 2014 #1

in wisconsin -Johnson is known a Our Dumb Senator riversedge Nov 2014 #7

Isn't the Congress constrained by Article I to create and manage postal services Skidmore Nov 2014 #10

Article 1 section 8 Deny and Shred Nov 2014 #14

But it is in the Constitution and does not say to take away imho. glinda Nov 2014 #81

What About Obama Veto Power? billhicks76 Nov 2014 #55

They could refuse to do anything to save the Postal Service from it's current troubles. drm604 Nov 2014 #74

agree, agree, agree! yuiyoshida Nov 2014 #76

Criminal. They will be sorry with the mess they are about to make. eom Frustratedlady Nov 2014 #2

I doubt it-they do not have a soul riversedge Nov 2014 #8

Wait this is in the constitution? Historic NY Nov 2014 #3

Some of those workers aren't born yet. eom Frustratedlady Nov 2014 #12

Nice way to break a business, if you intend on letting your pals loot it's pension fund later. /nt Marr Nov 2014 #23

next they will take the money in the pension fund. TeamPooka Nov 2014 #54

They took money back in St Reagans days... Historic NY Nov 2014 #68

It's been high on their agenda for decades. lpbk2713 Nov 2014 #4

BINGO. That's what this is all about, IMO. n/t Triana Nov 2014 #21

We are under a physical attack from terrorists. They hate the constitution which REQUIRES a federal randys1 Nov 2014 #5

They want everything privatized with zero regulations, accountability, or oversight. Initech Nov 2014 #25

Rachel did a great segment on the lack of regulation in Texas and the results randys1 Nov 2014 #34

If the GOP keep hobbling gov't services and the MSM keep telling us how broken gov't is bigbrother05 Nov 2014 #41

My firm represents the family of the woman that died and I know from sueing refineries that Dustlawyer Nov 2014 #91

The Constitution does not REQUIRE a federal postal service at all. Article I Section 8 gives kelly1mm Nov 2014 #75

You are correct, the gop is a terrorist group. The are also a faction. Dont call me Shirley Nov 2014 #77

Exactly like ISIL? hugo_from_TN Nov 2014 #87

But maxrandb Nov 2014 #6

The bill causing this problem passed in 2006. jeff47 Nov 2014 #19

Nonsense, Dems had filibuster proof for 40 days randys1 Nov 2014 #35

And Dems never introduced a bill. jeff47 Nov 2014 #36

So in the meantime let he cons take over? randys1 Nov 2014 #37

What take over? jeff47 Nov 2014 #40

+1 beerandjesus Nov 2014 #90

that's because democrats co sponsored the bill RedstDem Nov 2014 #52

What will they do with all the beautiful post office buildings? RoverSuswade Nov 2014 #9

Senior citizens are takers and don't deserve housing Runningdawg Nov 2014 #33

Sounds like a great job for Michelle Bachman. RoverSuswade Nov 2014 #59

Sell them at pennies on the dollar to connected investors... Thor_MN Nov 2014 #38

Condos and office space. Starry Messenger Nov 2014 #45

The people that will win if this happens... awoke_in_2003 Nov 2014 #73

maybe we can get amazon to fund it lol unblock Nov 2014 #11

They hate science but are playing right into Silicon Valley's agenda. Ampersand Unicode Nov 2014 #50

Libertarian computer nerd STEM-freaks incapable of empathy. Odin2005 Nov 2014 #78

I Think Amazon Has Been Mentioned, But I Don't Understand ChiciB1 Nov 2014 #66

Amazon now pays for the USPS for Sunday deliveries, but it was stopped by the GOP, I guess. freshwest Nov 2014 #85

Which of these many heinous acts Blue Idaho Nov 2014 #13

That's right... ReRe Nov 2014 #42

what else will this disastrous congress take away from the people? spanone Nov 2014 #15

As long as uninformed people keep voting against their own interests ... lpbk2713 Nov 2014 #20

...And sitting out elections. nt Jamaal510 Nov 2014 #88

I would not be surprised to see them... 3catwoman3 Nov 2014 #32

As a veteran, I fear for my medical benefits... Wounded Bear Nov 2014 #57

Good thing my dad just died cuz he had Postal and Military Pensions. glinda Nov 2014 #82

What we need to do is reinstitute Postal Banking. drm604 Nov 2014 #16

Harper's conservative government arikara Nov 2014 #17

Canada let fox in a couple years ago and the RW chews on your country now. Sunlei Nov 2014 #24

They are a bunch of pirahnas for sure arikara Nov 2014 #27

cut the union workers off & post office has to deliver packages ALL holidays & sundays. Sunlei Nov 2014 #18

How can they do that? arikara Nov 2014 #29

It's part-time workers. tammywammy Nov 2014 #39

Amazon condones... ReRe Nov 2014 #44

Amazon also condones the use of USPS for nothing but package delivery. Ampersand Unicode Nov 2014 #51

As an Aspie who ISN'T a asshole computer nerd, that hurts. Odin2005 Nov 2014 #79

Wonder what UPS and FedEx think about all this ... Tuesday Afternoon Nov 2014 #22

stocks and profits, up & up & up. Sunlei Nov 2014 #26

They want the Retirement Fund Money for the 1% fredamae Nov 2014 #28

Bingo. hifiguy Nov 2014 #31

Bingo 2 ReRe Nov 2014 #46

The biggest thieves the world has ever seen hifiguy Nov 2014 #47

Exactly! ReRe Nov 2014 #72

Bingo3! glinda Nov 2014 #83

And it's all just practice... Wounded Bear Nov 2014 #60

Republican /REPUBLI"CON"! I hate the way they think.How can they consider themselves AMERICAN! The Wielding Truth Nov 2014 #63

Demonic greed. moondust Nov 2014 #69

So while some Third World places DonCoquixote Nov 2014 #30

Postmaster General Patrick Donahoe won't admit his political leanings flamingdem Nov 2014 #43

democrats are helping the GOP kill the postal service RedstDem Nov 2014 #48

Wow, amazing that the GOP is the DESTRUCTION Party. sammy750 Nov 2014 #49

Elections have consequences. EEO Nov 2014 #53

I Wonder How All The People Who Live In Rural Areas ChiciB1 Nov 2014 #65

Thinking out loud... ReRe Nov 2014 #86

Then NPR and PBS then public libraries, etc. n/t Peregrine Took Nov 2014 #56

Now why would they do something like that? Oh, yeah ... Scuba Nov 2014 #58

Same as Raygun with ATCs. Busting unions. kairos12 Nov 2014 #61

I've been following this stinking conspiracy. byronius Nov 2014 #62

How many postal workers voted for these guys? redstatebluegirl Nov 2014 #64

Fuckers! Elmer S. E. Dump Nov 2014 #67

what i don't understand is repugs managed to block everything okieinpain Nov 2014 #70

Of course they are -- it's what Republicans do. And the millions of American LuckyLib Nov 2014 #71

Gordon Gekko politicians - they want to wreck it... Anansi1171 Nov 2014 #80

Tons of Holiday Movies have the P.O. saving the day. What are we going to do to save them? glinda Nov 2014 #84

America is getting more of what it wants... With more on the way world wide wally Nov 2014 #89

we have 5 day delivery riverbendviewgal Nov 2014 #92

When are voters going to wake up and see that the GOP is only interested in breaking the government vkkv Nov 2014 #93

How many people think privatization is a bad thing? phantom power Nov 2014 #94

Agreed, largely due to campaign donations vkkv Nov 2014 #96

0. Wave Goodbye To The US Postal Service -- GOP Poised To Kill It Pangolino Nov 2014 #95

I wonder what % of the USPS workers voted for Republicans. Enthusiast Nov 2014 #97