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Posted on Aug 3, 2009
Flickr / kevindooley

After losing about $7 billion this fiscal year, the U.S. Postal Service may shut down as many as 700 local post offices. The postmaster general has also asked Congress to approve cutting deliveries to five days a week.

The full list can be found here (PDF), although with news organizations around the country linking to it, the modest government Web site currently appears to be overrun with visitors.

AP via Yahoo:

The Postal Service may register a loss of nearly $7 billion this fiscal year in spite of a 2-cent increase in the price of stamps in May, cuts in staff and removal of collection boxes.

Post officials sent a list of nearly 700 potential candidates for closing or consolidation to the independent Postal Regulatory Commission for review. More may be added, but the current list of candidates can be viewed at the commission’s Web site, http://www.prc.gov

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By Celia, August 4, 2009 at 4:37 pm Link to this comment
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Well, the post office has done an amazing job mechanizing its processes.  Mail can now start on one coast and get to the other in a few days.

However, all those people who used to work there ten, fifteen or twenty years ago (and who were retired or replaced) now sit on the payrolls as retirees and pension recipients.

So, someone can work at the post office for 25 years, hauling bags of mail, sweeping the floors, or selling stamps.  Then, at retirement, they get full pay and health benefits.  Oh, you also get whatever you’ve chosen to put in your 403(b).

I bet the single biggest expense on the Post Office’s books is retirement benefits.  Let’s trim those figures a little and see if we can’t balance their books!

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By hippie4ever, August 4, 2009 at 9:45 am Link to this comment

Perhaps the GOP should consider introducing legislation to charge a postal fee for e-mail.

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By Henk Micheals, August 4, 2009 at 8:24 am Link to this comment
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Convert these Post Offices to Single Payer Health Offices, 7 Billion is a drop in the bucket compared to the monstrous wastes of lives and money in the antiquated, inefficient “For Profit” exploitation.

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By JP, August 4, 2009 at 5:41 am Link to this comment
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Five days a week?  Good, that’s less crap to fill my mailbox and end up in the recycle bin.  Thing is, who needs mail anymore except old folks who can’t use the internet?  Well, I guess doctor bills still come in the mail but that will probably change too.

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