Oh, goody. It'll collapse JUST in time for an important election so millions of mail ballots (conveniently from dense, blue cities in swing states, golly gee) don't arrive on time and Republicans sweep Congress yet again... It's almost like they planned it that way.
Here is a number: negative $1.26 billion. first three months of fiscal year 2026. But here is another number: positive $350 million. made in that same period through its actual operations. The Post Office Debt Isn’t What You Think https://www.youtube.com/watch?v=UFl8-OkYVdo
Their goal is to destroy the USPS altogether. Then the likes of Amazon and other giant corporations will become the new entirely for-profit postal services.
They only don't have cash because Republicans passed legislation that said they had to prepay all their retirements way in advance with the express intent of causing this to happen. The Republican way: break something, say it doesn't work, turn the function over to a scammy profiteer, who doesn't do the job and then abandons it after stripping it. Then if the job can't be abandoned, step back in and pay rent to the profiteer. Watched it happen with "school choice" and Amtrak, and now this
The policy to prepay the pensions 75 years in advance was rolled back in just 2022, after paying since 2006. I think the Republicans feel they damaged the organization enough to allow this. Looks like Louis DeJoy's efforts to streamline and make USPS solvent UTTERLY FAILED, and now it's on the brink of collapse. Then we have to pay MORE for private companies to do it. Now a Democrat has to come in and save it, only for Republicans to complain that it's costing so much to rebuild. The Circle.
The pension thing is genuinely weird because USPS has to pay for all theoretical future pension payments upfront. It was something the republicans put in to make the USPS look like it was loosing money when in fact it was making money. Also it means that the USPS takes over the pension from any other federal workers that they hire which makes the books of those federal agencies look better.
It's actually a big benefit to them. You kill the USPS, and the mail will have to be delivered by big private corporations which they can quietly increasing grab stakes in as the USPS collapses.
The GOP thinks the USPS is and should be a business. It's a service that has been around hundreds of years now, providing the US population with mail and packages. It is not supposed to produce a profit, nor does it lose money. It does what it specifically says, provides a services.
PEDOTUS installed one of his campaign donors to replace De Joy who then made millions routing services and contracts to his own businesses. The new guy is just as crooked. Its part of the Pedophile in Chiefs scam to eliminate voting by mail. but those of you who worships a rapist of children don't care, as long as he hurts the ones you are scared of. And the fear pours off you like stink off shit.
It's not even JUST tax breaks, it's about bailouts, it's about ALL the $ that is being RIPPED away from our social programs, the very things that most americans took for granted. SS being the biggest amongst them.
We're being told CONSTANTLY that they cannot "afford X and Y" and yet whenever a company needs $, whenever a war MOST of us didn't agree to needs to happen, or whenever they need to spend $100 on military toilet seats, MAGICALLY they have money? Our entire system is a scam. 1/2
And to top it ALL off, whenever we DO bail out these companies, what do they do with the bail out $? Do they keep their workers? HELL no, they fire hundreds if not thousands and then their CEO's and Shareholders POCKET the rest.
That's why the rich and the media and the justice system got SO up in arms over Luigi. Say what you will, but at WHAT point do we stop rolling over and taking this? To quote JFK "Those who make peaceful revolution impossible, make violent revolution inevitable." 2/2
FWIW, the post office is now a separate entity– spun off by the Republicans who want to privatize it. In general, the US government can’t bail them out. Then again, if they really wanted to, they could.
Republicans have been trying to bankrupt the post office for decades. That is they want private industry to get the work. Forcing the post office to fully fund all pensions, unlike any other government enterprise, i.e. Social Security, has bought the post office to this financial point
They wanted to move a processing center for a million people 180 miles over a 7000' pass that is closed 10% of the year. Somehow trucking all mail 8 hours was going to "save" money.
Yep, the GOP think the USPS is and should be a business. It's a service that has been around hundreds of years now, providing the US population with mail and packages. It is not supposed to produce a profit.
It can’t “lose money” either, because as you say it’s a service. It “costs” money. The post office usually makes money though, despite republicans spending decades trying to bankrupt it for some stupid fucking reason.
Roads and education and healthcare are “services” too. You don’t talk about education “losing money”.
They make the post office fully fund its pension for 75 years before they can spend any money. There are massive restrictions on how they spend to make them lose money. They are expected to act like a private corporation and make profit, but they are not allowed to spend or raise money logically like a private corporation. This has been going on for decades. The post office has been "broke" on the verge of collapse my entire life
The postal reform act passed in 2006 is where they initially had to pre-fund pensions for 75 years. This resulted in the USPS having to spend 5.5 to 5.8 billion dollars a year through 2016.
I thought Amtrak had a similar thing with pensions. But yeah, this is just another case of Republicans committing fraud.
The bigger problem is why trust the US government no matter who is in charge? Even if Dems sweep your life is always 4 years from being forever fucked.
Mostly because the Republicans effectively block the Democrats at every juncture with their lies an propaganda. Dems need to fight dirtier, without resorting to lying like the Republicans.
or0b0ur0s
Oh, goody. It'll collapse JUST in time for an important election so millions of mail ballots (conveniently from dense, blue cities in swing states, golly gee) don't arrive on time and Republicans sweep Congress yet again... It's almost like they planned it that way.
Wapusk
FlintNorth44
I STILL get lawsuit checks from companies I haven't worked for in years. These corpo FUCKS STEAL SO MUCH from us and we just let them!
AreYouSureAboutThat
Here is a number: negative $1.26 billion. first three months of fiscal year 2026. But here is another number: positive $350 million. made in that same period through its actual operations. The Post Office Debt Isn’t What You Think https://www.youtube.com/watch?v=UFl8-OkYVdo
theskepticinme
This was planned
EroticZombiePants
Their goal is to destroy the USPS altogether. Then the likes of Amazon and other giant corporations will become the new entirely for-profit postal services.
chencking
Aren't they forced to fully fund pension funds the day you start, decades in advance? This is not them withholding money currently owed.
MisterRichard
They only don't have cash because Republicans passed legislation that said they had to prepay all their retirements way in advance with the express intent of causing this to happen. The Republican way: break something, say it doesn't work, turn the function over to a scammy profiteer, who doesn't do the job and then abandons it after stripping it. Then if the job can't be abandoned, step back in and pay rent to the profiteer. Watched it happen with "school choice" and Amtrak, and now this
Munchman347
They also redirected the huge Post offices profits into the 'General Fund Piggy Bank' and put the USPS on a miserly allowance... 🤑🤑🤑
Noahbalboa82
The policy to prepay the pensions 75 years in advance was rolled back in just 2022, after paying since 2006. I think the Republicans feel they damaged the organization enough to allow this.
Looks like Louis DeJoy's efforts to streamline and make USPS solvent UTTERLY FAILED, and now it's on the brink of collapse. Then we have to pay MORE for private companies to do it. Now a Democrat has to come in and save it, only for Republicans to complain that it's costing so much to rebuild. The Circle.
jonnnney
The pension thing is genuinely weird because USPS has to pay for all theoretical future pension payments upfront. It was something the republicans put in to make the USPS look like it was loosing money when in fact it was making money. Also it means that the USPS takes over the pension from any other federal workers that they hire which makes the books of those federal agencies look better.
Shoutrr
yeah, they do it because there's absolutely zero consequences for them. They know the american population is a submissive one.
EroticZombiePants
It's actually a big benefit to them. You kill the USPS, and the mail will have to be delivered by big private corporations which they can quietly increasing grab stakes in as the USPS collapses.
baals
How much money has the Marine corps lost?
hamulusrex
Don't forget the arch too
MoonMoon89
These guys forgot where the term "going postal" came from. Some Luigi will likely remind them...
NunyaBizness
Like the toilet paper arson?
thedtp
TheMomaw
The USPS was doing absolutely fine until Rump appointed a man whose specific mission was to kill it so its corpse could be auctioned off for parts.
ArgentXero
Oligarchs are picking apart the American Empire and consolidating as much wealth as possible before it's collapse.
4etherling
Its these actions that will collapse it.
Imadethisaccounttopost
The GOP thinks the USPS is and should be a business.
It's a service that has been around hundreds of years now, providing the US population with mail and packages.
It is not supposed to produce a profit, nor does it lose money. It does what it specifically says, provides a services.
ChelVanin
Republicans are intentionally trying to destroy it from the inside. Just like with public schools.
ontarioOT
Just like with everything, if we're being completely honest.
keyblader1985
They want to privatize literally everything so someone else will always be making a profit from basic societal necessities.
couldyounot123
That's the play book, get into power, break shit, point at the shit they broke and say "oh it doesn't work, we gotta privatize" repeat ad-infinitum
theworldcouldbeflat
Well you forgot medicaid and Pensions.
robingal1
If only someone had seen this coming...
albakSPrince
PEDOTUS installed one of his campaign donors to replace De Joy who then made millions routing services and contracts to his own businesses. The new guy is just as crooked. Its part of the Pedophile in Chiefs scam to eliminate voting by mail. but those of you who worships a rapist of children don't care, as long as he hurts the ones you are scared of. And the fear pours off you like stink off shit.
grandestgrandeur
It's not even JUST tax breaks, it's about bailouts, it's about ALL the $ that is being RIPPED away from our social programs, the very things that most americans took for granted. SS being the biggest amongst them.
We're being told CONSTANTLY that they cannot "afford X and Y" and yet whenever a company needs $, whenever a war MOST of us didn't agree to needs to happen, or whenever they need to spend $100 on military toilet seats, MAGICALLY they have money? Our entire system is a scam. 1/2
grandestgrandeur
And to top it ALL off, whenever we DO bail out these companies, what do they do with the bail out $? Do they keep their workers? HELL no, they fire hundreds if not thousands and then their CEO's and Shareholders POCKET the rest.
That's why the rich and the media and the justice system got SO up in arms over Luigi. Say what you will, but at WHAT point do we stop rolling over and taking this? To quote JFK "Those who make peaceful revolution impossible, make violent revolution inevitable." 2/2
RetrogradeLlama
FWIW, the post office is now a separate entity– spun off by the Republicans who want to privatize it. In general, the US government can’t bail them out. Then again, if they really wanted to, they could.
Republicans have been trying to bankrupt the post office for decades. That is they want private industry to get the work. Forcing the post office to fully fund all pensions, unlike any other government enterprise, i.e. Social Security, has bought the post office to this financial point
derpman4k
Dont forget george w, he also is responsible for bringing then post office to this financial point
nation543
UPS and FedEx charge a MINIMUM of $20 to deliver a letter. The USPS charges a stamp priced at $0.78.
That explains it all, for those wondering.
dohcohv
They wanted to move a processing center for a million people 180 miles over a 7000' pass that is closed 10% of the year. Somehow trucking all mail 8 hours was going to "save" money.
4etherling
It saves Republicans from losing elections.
Imadethisaccounttopost
Yep, the GOP think the USPS is and should be a business.
It's a service that has been around hundreds of years now, providing the US population with mail and packages.
It is not supposed to produce a profit.
OverwhelmingSurplusOfDiggity
It can’t “lose money” either, because as you say it’s a service. It “costs” money. The post office usually makes money though, despite republicans spending decades trying to bankrupt it for some stupid fucking reason.
Roads and education and healthcare are “services” too. You don’t talk about education “losing money”.
or0b0ur0s
Fucking Bear Stearns isn't part of the government, either. Didn't seem to worry them then.
RetrogradeLlama
Nope. And they could just re-absorb the PO at any time if they wanted to. Trump just nationalized Intel without a hiccup.
gayvillian
They make the post office fully fund its pension for 75 years before they can spend any money. There are massive restrictions on how they spend to make them lose money. They are expected to act like a private corporation and make profit, but they are not allowed to spend or raise money logically like a private corporation. This has been going on for decades. The post office has been "broke" on the verge of collapse my entire life
jamiedBreaker
Care to elaborate on the last point? I'm younger I thought it started with 1st Trump. Just looking for a jumping off point
battery1979
The postal reform act passed in 2006 is where they initially had to pre-fund pensions for 75 years. This resulted in the USPS having to spend 5.5 to 5.8 billion dollars a year through 2016.
lightfoot2
I thought Amtrak had a similar thing with pensions. But yeah, this is just another case of Republicans committing fraud.
The bigger problem is why trust the US government no matter who is in charge? Even if Dems sweep your life is always 4 years from being forever fucked.
RetrogradeLlama
Mostly because the Republicans effectively block the Democrats at every juncture with their lies an propaganda. Dems need to fight dirtier, without resorting to lying like the Republicans.
lightfoot2
Perhaps however I have never really trusted the government in my 50+ years of life and it seems my concerns were well founded.
If I did have to do something for the govt it would be for cash on the barrel in advance