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In 2006 the Republican plan to privatize the US Post Office went into effect. They passed a law that the Post Office must set aside $5 Billion the first of each year in escrow for future health benefits, thus each year the post office ends BROKE by about $3 Billion, while actually making a $2 Billion profit.
So, let’s critique the Post Office.
You can now send a letter from Key West to Anchorage in a couple of days and have it delivered to an Eskimo in about two more days…for 47 cents.
Maybe that’s too much to ask. So what should we do? Well, it’s pretty clear, isn’t it? We have to disband the Post Office, do away with its unions and privatize it so that…if in fact you can ever deliver a piece of mail to an Eskimo, it will cost you $14.95 and that does not mean all Eskimos, only those living within five miles of Anchorage. That’s the Republican solution. Kill a fly with a howitzer.
HOW REPUBLICANS ARE FORCING THE POST OFFICE TO PRIVATIZE SO UPS-FEDEX-HALLIBURTON-BLACKWATER CAN GET RICHER
The Post Office is not only not allowed to raise rates, but since 2006 it has been levied an additional $5 billion a year in future health benefit escrow funds by the Republican Congress of 2006. With that payment in 2008, for example, the Post Office went into the red by $2.8 billion.
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