21 March 2009

Government Goes Postal (or "Another Gov. Agency In Debt")

March 21, 2009 from the Associated Press:

The [U.S.] Post Office lost $2.8 billion last year and is facing even larger losses this year, despite a rate increase -- to 44 cents for first-class mail -- scheduled to take effect May 11. The agency said it will reduce staffs nationwide by 15 percent, with more than 1,400 processing, supervisor and management posts at 400 facilities being eliminated.

Another government agency in massive debt? What's next, another non-catholic suiting up for Notre Dame?

Do you remember all of those people who were shocked by the government's poor performance after Hurricane Katrina? As for me, I was shocked by their shock. Hurricane Katrina wasn't an exception to how the government normally reacts, it was a reminder of how inefficient governments run things.

And yet there are those who want to have our banks, our industry and our health care providers reporting to the federal government. Gee, I don't know about you, but I can't wait for everything to go postal.