Let’s start with the USPS mandate: it was formed with a very different directive than its private-sector competitors, such as FedEx Corp. and United Parcel Service Inc. Those two giant private shippers, along with a bevy of smaller ones, are for-profit companies that can charge whatever they believe the market will bear. The USPS, by contrast, is charged with delivering to every home and business in America, no matter how remote. And, they can only charge what Congress allows; increases require approval . . . .
Which us exactly the point, numb nuts. I am a taxpayer, you are charging me for the mandate, including the missing postal pension funds. Screw this socialist bum, Barry is exactly the reason millennials will default.
Ritholtz has always struck me as a TBTF socialist, those idiots that think capitalism comes from government social programs. Another Koch socialist, and much like the National Review. Communists. When the downturn comes, these socialists will tax the little browns, claiming that their socialism is somehow more sacred that the other person's.
Barry, I am sure, approves humongous taxpayer payments to Elon, another in the wonder's of capitalism via Koch socialism.
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