By Annalyn Censky, staff reporter , On Tuesday March 2, 2010, 10:11 am EST Snail mail might soon get even slower.
The U.S. Postal Service plans to propose Tuesday an adjusted mail service schedule, which will likely cut Saturday delivery. The agency will also suggest closing some branches and expanding its use of self-service kiosks in grocery stores and other popular retail spots, as part of its effort to work its way out of a mountain of debt.
USPS posted a $3.8 billion loss in its 2009 fiscal year, the latest in a multiyear string of whopping losses. Mail volume was down 12.7% for the year, a trend the agency expects to continue over the next decade as more consumers opt for online bill payments and message delivery.
The Post Office was $10 billion in debt as of Sept. 30 -- not far off from its $15 billion debt limit, which the agency expects to hit in its 2011 fiscal year.
The challenges hurting USPS's bottom line are reflective of a "macro change in society," Postmaster General Jack Potter said at a press conference Monday previewing the proposed changes. "All posts around the world are challenged, just as we are, by the diversion of hard copy to electronic medium."
The Post Office, an independent government agency, does not receive taxpayer dollars and is funded entirely by its own revenue. However, the Postal Reorganization Act of 1970 constrains the agency's operations. It prohibits USPS from closing small branches based soled on economic factors, and prevents the agency from expanding its services beyond postal delivery..................>>>>................>>>>............http://finance.yahoo.com/news/USPS-to-propose-5day-mail-cnnm-4552368.html?x=0
I hope we are not shocked....this has been a long time coming.....kind of like pulling out of Iraq......stop,,, hey, what's that sound,, everyone look what's goin' round.......
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
No Saturday mail/cuts to State Parks and historic sites/major cuts to SUNY-CUNY and local schools. Belt tightening has finally hit our massive public sector?
......an independent government agency! And they want to oversee our health care?
However, I do believe that the post office services as we know it will be a thing of the past. Times are-a-changin'! The younger generation and some of the older, receive and pay their bills on line, get their bank statements on line, send e-cards for holidays, email everything from letters, pictures to business transactions....and then there is always the good old fax machine.
The day of the 'mail wo/man' are soon to be thing of the past!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
I'm all for one last mail day. But I wish it was to cut costs, not to compensate for increases.
ha ha ha ha ha......rah rah rah.....the biggest cheer from all of us......and whom ever thinks national healthcare/public school system/SS/medicare etc dont look the same have their heads up their butts.....just like the folks in charge of the recent past 20years didn't see this coming with the USPS.....
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
Logged
No Saturday mail/cuts to State Parks and historic sites/major cuts to SUNY-CUNY and local schools. 
