Thursday, August 07, 2008

Post office posts $1 billion Third Qtr. loss

The USPS is a quasi-gub'mint entity attempting to operate as a private business. A heavily unionized private business. A heavily unionized private business exempt from federal income taxes; a heavily unionized private business exempt from federal income taxes and which can borrow money at discounted rates, and wield the gub'mint power of eminent domain for its own purpose.

Yet, Post office posts $1 billion Third Quarter loss.

Krykee doodle. Just let the private package services take it over already!

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