USPS on docket with the Super Bankruptcy Committee

As of today, we finally welcome the USPS to reality which has announced that, in an attempt to avoid bankruptcy, it is now seeking to reduce its total overhead by 20%, or a whopping 120,000 workers (a number which would amount to roughly an increase of 0.1% in the national unemployment rate). ZH

Jerry Brown is freaking because his Medicaid Goodie is up next for bankruptcy.