The USPS is going to default on a loan payment this month, $5.5 billion in fact, and without a bailout from Congress it may shut down entirely this winter. Patrick R. Donahoe, US Postmaster General, has tried reforming the bureaucracy but has been unable to stem losses enough to avoid the current situation. The New […]
Read MoreThe Financial Times tells us that we’re not buying enough stamps and because of this, the USPS is being ‘pushed towards’ insolvency. I didn’t know I was actively against the Post Office, we have a pretty good relationship in all. It is sad though if this country’s mail service is bankrupt. What kind of banana […]
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