Discussion | 4 comments

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• GordonDecember 06, 2012 - 6:35 am

  Lets start with letter carriers. They are not on the goverment payroll, not directly. We do keep pumping billons into a failing system and keep rewarding the worst possible management with 6 figure incomes. Next, the cuts are not directly as you listed. Are you aware the IRS is in the process of adding some 6000 agents, needed to watch over Obama care. In SF alone the IRS just moved from 1 floor in a high rise to 100 First st, took over 3 floors, rent cost alone i'm told is just over 275K per month for the space and 40 reserved prime parking spaces. You mean to tell me the the IRS just had to be in prime downtown space in SF? I don't think so. I'm sure there's more but this is just a start.

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• Danny BuntinDecember 06, 2012 - 7:38 am

  You do realize that the Post Office was told by congress that they must fund there pensions for 75 years NOW. This is a simple task of destroying govt from within. So they can point the finger and say "Govt is bad, the PO must be run privately".

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• mike kirchubelDecember 06, 2012 - 9:13 am

  Great point Danny. There was only one reason that the Post Office had to fund their retirement for 75 years into the future, so that they would have to cut service, they would eventually fail,Congress would have to bail them out, and the public would demand that they be privaitized.

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• Frederick W. SmithDecember 06, 2012 - 9:03 pm

  CEO of FEDEX ---In 1962, Smith entered Yale University. While attending Yale, he wrote a paper for an economics class, outlining overnight delivery service in a computer information age. Folklore suggests that he received a C for this paper, although in a later interview he claims that he told a reporter, "I don't know what grade, probably made my usual C", while other tales suggest that his professor told him that, in order for him to get a C, the idea had to be feasible. The paper became the idea of FedEx (for years, the sample package displayed in the company's print advertisements featured a return address at Yale). Smith became a member and eventually the President of the Delta Kappa Epsilon fraternity and !!!!!!!! the secret society Skull and Bones.!!!!!!!![5][6] He received his Bachelor's degree in economics in 1966. In his college years, he was a friend and DKE fraternity brother of George W. Bush.[7] Smith was also friends with John Kerry and shared an enthusiasm for aviation with Kerry[8] and was a flying partner with him. I believe it was under a Bush administration that the PO had to fund the 75 year pension. It is rumored that thru holding companies ect...that if thouroughly researched the Rothschild Banks own Fedex...see....Is FDX a good stock to own? Find out who bought FedEx Corporation, who sold FedEx Corporation (FDX) stock, and who holds a large position in FedEx Corporation. PRIMECAP Management Company owns 20.16M shares worth $1.71B Southeastern Asset Management owns 16.72M shares worth $1.41B Wellington Management Company owns 13.25M shares worth $1.12B Vanguard owns 12.78M shares worth $1.08B Harris Associates L.P owns 12.77M shares worth $1.08B STATE STREET CORPORATION owns 11.44M shares worth $968.28M T. Rowe Price Associates owns 9.51M shares worth $804.50M Greenhaven Associates owns 4.60M shares worth $388.99M Franklin Resources owns 4.33M shares worth $366.61M Manning & Napier Advisors owns 3.31M shares worth $224.23M Neuberger Berman owns 3.18M shares worth $269.34M Bill & Melinda Gates Foundation Trust owns 3.02M shares worth $255.98M Also is it not true that the Post Office is tasked with providing universal service, while Fedex and UPS can concentrate just on the profitable deliveries.

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