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Edited on Sat May-07-11 10:01 AM by Snoutport
Nobody else seems to hate the Forever Stamp but I do. They do nothing but benefit the rich and our HORRIBLE for the public. I see them as super bad in two ways:
1. They are a giant tax-ish sort of cut for the rich. Forever Stamps only really help if you have the money to stockpile a big supply of them. All of these rich people and giant corporations that socked away 20 years of stamps will benefit greatly...the little guy who didn't will have to pay the full current price. The generations that weren't born yet will have to pay the full current price. But rich stamp hoarders get to pay 42 cents for the rest of their lives.
2. They will be the death of the postal system as we know it. No business can survive if it sells its future service at today's prices. What if McDonald's sold coupons for hamburgers 20 years ago at their then current prices? You could walk into Mcdonald's today and buy a burger with a coupon that cost 29 cents. Or a gallon of gas at 78 cents? Rich people would have bought up gazillions of coupons and would still be buying 78 cent gas. Just like Forever Stamps.
Look at it this way: In 20 years let's say the actual cost of mailing a letter is $1.00. Mr. Vanderbilt bought a lifetime's supply of Forever stamps so he mails his letter for 41 cents. Billy Squidbert is 20 and was not born yet during the Forever Stamp boon...so he has to buy a stamp. Now, it should only cost him $1.00 but there is a problem. Mr Vanderbilt only paid 41 cents so the postal service is now in the red...so, they have to tack that additional needed money onto Billy Squidbert's letter. So Billy has to buy a stamp for $1.59 to cover the loss from the Forever Stamp. That's if the Postal Service still has the original 41 cents paid for the Forever Stamp...if not, then Billy will have to pay $2.00 to mail his letter to cover the cost of mailing the two letters.
How does this make sense? How can anyone think a Forever Stamp is a good idea? Somewhere down the line the postal service will be put down. I think one of the main reasons will be outstanding debt owed to stamps sold under the Bush administration...BUT, I'll bet, somewhere in all the Forever Stamp hoopla and paperwork is a clause:
I'd bet a whole book of Forever Stamps that there is a clause that if the postal service dies you can cash in your stamps with the federal government...maybe even with a handling fee. Big companies will somehow get a kickback for the stamps they hoarded and John Q Public will have to mail their letters with UPS or Fed Ex who now charge an arm and a leg for service since the US Postal Service is gone.
Not only that but if a corporations buys ONE MILLION DOLLARS in stamps...they can sell them 5 years for now for the new current price. Some day that million dollars will be two million and then three million dollars. The Forever Stamp is nothing but a way to benefit, on the BIG scale, rich people. Sure, it helps us little guys while we have them but the true advantage is to bulk buyers...and that's how they have gotten away with it. Those corporations probably even write off the postage costs so they will just make lots more money while the public picks up the cost. (if they sold a million worth of 39 cent Forever Stamps right now they would make 6 cents on every stamp. Not a bad investment, eh? 15% return on your money with no work except being rich enough to buy a lot of stamps)
Stupid Forever stamps. They are kind of ugly too.
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