USPS Going broke by October 2011

[toyman]

Every time they transfer a employee they buy their house at apprasied value,and have to sit on it because of the housing market and houses not selling.
I would like to know how many properties that the USPS actually has,it must be valued in the billions,I have seen where they have paid over a million for just one house let alone the ones in the hundreds of thousands.For homes costing that much how much are they paying the higher ups in the USPS?

[Zemo]

USPS has never made money. It cost the taxpayers Billions of dollars and should have been done away with many years ago.

Just another pimple on society's butt.

[Hector]

The reason for the different carriers is because many of them are now casual temporary employees...none of them are permanent full-time employees.

USPS rarely hires full time union bound employees anymore...the bulk of the new hired employees (before hiring freeze) are casuals...meaning...they are much lower paid...usually part-time...and are not allowed to join the union.

Casual employees also have no health benefits...no sick leave, no paid vacation...and can be terminated at any time...they have very few rights....where a full-time employee has full benefits, sick leave, paid vacations...and it's almost impossible to fire him (after serving six years)...he has to either be caught stealing...or physical assault/attack someone...other than that...the full-time employee is throughly protected by the system.

USPS casual employees on the average only make around $20K a year...that's less than half of what a typical full-time union employee makes. Employees with lots of seniority...have salaries in the $50K range (average)...and some supervisors can reach the $75K range.

They have drastically cut overtime now...but in the glory days...I've know USPS employees who easily made six figures...I personally saw a mailhandler's year end check one day...and it read $106,000K...I kid you not...lol.

But those were the glory days for them...old-timers are retiring now...and many are being offered early out options...now...casuals seem to be the norm...much lower-paid employees.

Having said that...I'm lucky to have the same letter carrier for over a decade now...she's really nice...I've never lost a single piece of mail from her...ever...I'm one of the lucky ones...so far.

[toys2cool]

I don't believe Anything.
I alone Have Probably spent over 300 bucks in Shipping last Month.

same here, please it's the U.S government, if they can bail out all these companies going broke they sure as hell would'nt let the post office go down

[WannabeMego]

I don't buy the email excuse. That story has been floating around since 1995 or something.
How many emails do you send that would have been letters in the mail, if email didn't exist? Me? Almost none. With all the stuff people buy online, and have shipped it should more than make up for it.

I agree 1,000 % and have been saying this for years...

I can tell you exactly what Bankrupts 85% of all companies...

1. Greed
2. Mis-Management
3. Poor Planning

I believe ALL 3 hit the target on this one...

...and any business that follows this outline deserves what happens to them with NO surprise.

[johnmiic]

As Hector said, The USPS does an incredible job and gets very little respect for it. Maybe it needs to be re-structured internally; change how some things are done but I can't see letting them close up. Blue Meanie/Berto is also correct in that the USPS is part-privately owned. I remember commericals with George C. Scott from years ago saying this.

Also look at how much junk mail is handled daily/yearly. The PO is a major carrier for people selling things, subscriptions and applications for credit-cards and membership cards. The revenue is there. Companies depend on the USPS to get word of their products out.

I knew a guy who used to work there and he told me that USPS has been #1 in employee complaints and grievances for years. The real problem might be that it's very badly managed from the inside. I can tell you from a lot of places I have worked management isn't worth what it's paid in a lot of organizations.

[Hector]

As Hector said, The USPS does an incredible job and gets very little respect for it. Maybe it needs to be re-structured internally; change how some things are done but I can't see letting them close up. Blue Meanie/Berto is also correct in that the USPS is part-privately owned. I remember commericals with George C. Scott from years ago saying this.

Also look at how much junk mail is handled daily/yearly. The PO is a major carrier for people selling things, subscriptions and applications for credit-cards and membership cards. The revenue is there. Companies depend on the USPS to get word of their products out.

I knew a guy who used to work there and he told me that USPS has been #1 in employee complaints and grievances for years. The real problem might be that it's very badly managed from the inside. I can tell you from a lot of places I have worked management isn't worth what it's paid in a lot of organizations.

Everything your said...was right on the money.

[mazinz]

I agree 1,000 % and have been saying this for years...

I can tell you exactly what Bankrupts 85% of all companies...

1. Greed
2. Mis-Management
3. Poor Planning

I believe ALL 3 hit the target on this one...

...and any business that follows this outline deserves what happens to them with NO surprise.

right on the money. I recall about a year or two ago with a news clip talking about how the USPS was horribly mis-managed and a lot of funds were "swindled" away and because of that they had to raise prices and cut jobs.

[Hector]

Yes...the USPS will NOT close down...that would create chaos unheard of in this country. Seen the movie The Day The Earth Stood Still? Yep...something like that...lol.

However...one idea that has been suggested for years is to PRIVATIZE the Postal Service...and many insiders say that would be the ideal situation.

All the fat cats at USPS that are sitting pretty right now...as well as some of the lazy employees who take advantage of the current system...will be taken out of the equation...then you'll start see some positive results.

[BlackKnight]

as well as some of the lazy employees who take advantage of the current system...will be taken out of the equation...then you'll start see some positive results.

They can Fire all but maybe 1 Employee here to start.
I'm pretty confident in a Week, I could do anyones Job here, with double the Production, and then some. For sure the people that work as the clerks.

[BlackKnight]

Also look at how much junk mail is handled daily/yearly.

This should be against the law.

[starsky]

what i dont understand is there's always a long line at my post office and there's always only 1-2 clerks working and one of them is always working very slowly. either that or one is getting ready to take their break. there's no incentive for them to get the line moving.

[Hector]

what i dont understand is there's always a long line at my post office and there's always only 1-2 clerks working and one of them is always working very slowly. either that or one is getting ready to take their break. there's no incentive for them to get the line moving.

Those window clerks have tons of seniority...there are no casual workers there.

These window clerks are practically untouchable...the supervisors can do little...that's why they are slow and don't care.

But again, I'm lucky...the small local post office in my neighborhood is old school...all of them are great...great service...but with none of the attitude.

[Mikey]

One of my nephews is a mail carrier for USPS

He's been with them for a few years (started as a part timer) and years later they still wont hire him for 40 hours a week ...

No insurance, no nothing... and layoffs and ons constantly

[Hector]

One of my nephews is a mail carrier for USPS

He's been with them for a few years (started as a part timer) and years later they still wont hire him for 40 hours a week ...

No insurance, no nothing... and layoffs and ons constantly

Yeah...that's how the USPS has been doing for years...just hire part-time casuals...pay them less...and offer them nothing...no sick leave...no paid vacations, etc...and they are powerless...if management feels like it...they can fire them just like that...the complete opposite of unionized full-time workers...those choice positions have been on a hire freeze for years now.