According the the inspector general, the Post Office will go out of business this year unless Congress bails it out.
The day of reckoning looms: According the the inspector general, the Post Office will go out of business this year unless Congress bails it out.
And where will Congress and President Obama find the cash? Print it of course, which of course they plan to do with all their other budget problems. Get ready for inflation, gang!
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The day of reckoning looms: According the the inspector general, the Post Office will go out of business this year unless Congress bails it out.
And where will Congress and President Obama find the cash? Print it of course, which of course they plan to do with all their other budget problems. Get ready for inflation, gang!
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
It has been interesting watching the developments at the USPS over the last several years. The reason why they are struggling so bad is because they have to fund their pension obligations as they go. Nothing shows how unsustainable government worker pension plans are than having to fund them in advance.
From the Wikipedia article on the Postal Clause of the Constitution “Thomas Jefferson feared that the postal service would become a source of patronage and a waste of money.” Source: Letter from Thomas Jefferson to James Madison, 6 March 1796
Right on both counts.