In response to:

Saving the Post Office One Day at a Time

Captain-Jeff Wrote: Nov 29, 2012 8:58 AM
How can a monopoly lose money? Only by being a government-run union operation! The same people who manage the (also going bankrupt) federal budget! Simple solution -- eliminate the monopoly, let private companies compete delivering first class, certified, registered, and junk mail to your mailbox. Not as government contracts; a totally open market; multiple carriers in metropolitan areas; higher delivery rates in rural areas. If the USPS and their union can compete, so be it. If they can't, then they are Hostessized. I know, I often dream a lot.

Last year the United States Post Office posted nearly $16 billion in losses. The three years before then averaged around $5 billion in losses. Now, the USPS Chief is looking at serious ways to save the Post Office which includes the end to Saturday mail and cuts in benefits.

The head of the financially struggling U.S. Postal Service said the agency must be allowed to ease the terms of prepayments into a retiree health-care fund and eliminate general mail delivery on Saturday.

Patrick Donahoe told "CBS This Morning" the agency isn't asking Congress for...

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