USPS In Default

Welcome to our community

Be a part of something great, join today!

Register Log in
Denny Crane said:
You've been proven wrong plenty. If there is a left wing Rush Limbaugh, you could be his parrot.

The USPS doesn't have to fund anything for people not born.

Get back to us when you understand the facts. Like who were the cosponsors again? Lol.
Click to expand...

Co sponsors? This was an AMENDMENT passed by voice vote. It wasn't a complete piece of legislation.
 
dviss1 said:
Co sponsors? This was an AMENDMENT passed by voice vote. It wasn't a complete piece of legislation.
Click to expand...

You asked to be proven wrong. I can't find much you are right about. U linked you to the legislation.

It was not an amendment. You are wrong on this as well as funding people not born yet, the article explaining the finances being an opinion piece, that other businesses don't have similar expenses (25% do!), etc.
 
Denny Crane said:
Not truth. Talking points. Think for yourself, sheesh.
Click to expand...

Thinking for myself would be a Liberal thing to do. Just because I don't agree with you and think you are completely wrong, doesn't mean I'm not thinking for myself.

BTW you SPEAK talking point. That is your language.
 
dviss1 said:
Truth.

[video]
Click to expand...


just watched that, so the things I came away with is the overview is that the USPS is broke, they want the overpayments to create some reason for the USPS to exist, USPS unions want big business to subsidize services for small business...not impressed with the dirrection, blames non traditional comunication and the down turn in the econemy. Bush era mandated that they prepay their system as to not skip out and hand the bag of shit to the fed..not a bad peice.
 
Lol.

Thinking for yourself means once you understand how legislation is passed, the crap you cite cannot possibly be truthful.

No amendment can become law. Get it? Amendments alter the text of some part of a proposed Bill. No Bill can become law unless passed by both house and senate. It must be the exact same text, too.

So every fucking democrat in both houses voted yes on that BILL. If even one didn't like it, they'd ask for a roll call vote instead of allowing a voice vote. Get it?

The USPS has been cruising for disaster all along. They promise to pay the workers' retirement, but aren't funding it. This is almost exactly how Enron fucked over its employees.

The USPS is being required to pony up $20B in payments to the workers' retirement fund so it will for sure pay the benefits. If you think the payments now are hurting them, the payments in a few years will make these seem small.

And you cannot treat cash flow as if it were profit. You are spending money today that should be set aside for a future expense. That's accounting 101.
 
dviss1 said:
The President has never advocated for a single payer system. Show me a quote. This also has nothing to do with the fact that RETIREMENT plans have to be prefunded.
Click to expand...

[video=youtube;fpAyan1fXCE]
 
Denny Crane said:
The USPS doesn't have to fund anything for people not born.
Click to expand...

Clearly, you have not read what you are debating.

Bone up at least a tiny bit on the topic so you can at kleast appear more coherent in your blithering nonsensical gibberish.
 
MARIS61 said:
Clearly, you have not read what you are debating.

Bone up at least a tiny bit on the topic so you can at kleast appear more coherent in your blithering nonsensical gibberish.
Click to expand...

Clearly you don't understand the issue in the least.

The USPS is required to fund the benefits packages for the current employees and for each new employee as they're hired. Not for someone not born yet. I have no idea where you guys come up with this garbage.
 
http://www.france24.com/en/20121010-fedex-cut-thousands-workforce

Fedex to cut thousands from workforce

AFP - Fedex, the global delivery company, said Wednesday it was planning to cut "several thousand" people from its workforce via a voluntary departure program beginning early next year.

Company chairman Fred Smith said at an investment conference in Memphis, Tennessee, that the cuts would come in the company's Fedex Express global express delivery service, and in the US unit, Fedex Services.

The cuts are part of a plan to boost profits by $1.7 billion by 2016, mainly through intensified cost reductions.
 
Denny Crane said:
Death spiral, right barfo?

:lol:
Click to expand...

In the case of fedex, I'd guess not, but I'm no expert on fedex.
However, there are businesses that cannot afford to cut staff - doing so would reduce revenue more than it would reduce expenses.
If you need me to conjure up an example I will, but I think you probably get the point.

barfo
 
Right. Like solyndra. They make a solar panel for $2 and sold it for $1 and the way to make up for that was to do it in volume.
 
OK I stand corrected on the single payer quote. I for one AM GLAD he is a proponent of Single Payer.

It's working well all over the world. Might as well work here too.
 
It was still fast tracked by Bush but you won't own up to that either. Also, you guys hammer on solyndra but we consistently give billion dollar oil companies subsidies to the tune of 4.8 Bil per year. All this and they make record profits. Sooo Which corporate welfare are you for or against?
 
dviss1 said:
It was still fast tracked by Bush but you won't own up to that either. Also, you guys hammer on solyndra but we consistently give billion dollar oil companies subsidies to the tune of 4.8 Bil per year. All this and they make record profits. Sooo Which corporate welfare are you for or against?
Click to expand...

Bush administration did not approve the loan. September of 09 is still eight months of time Obama had to review the loan details and viability of the company. ABC News reported Obama administration pushed really hard for Solyndra loans.

"Obama's DOE has said it backed Solyndra as a potential game changer in the clean tech movement, but the company's collapse came after clear warning signs the venture was a high risk from the start."

And

"Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of "a major outstanding issue" -- namely, that Solyndra's numbers showed it would run out of cash in September 2011."

And in economics that even barfo understands:

"Peter Lynch, a New York-based solar energy analyst, told ABC News it took only a cursory glance through Solyndra's prospectus to see there was a problem with their numbers.

"It's very difficult to perceive a company with a model that says, well, I can build something for six dollars and sell it for three dollars," Lynch said. "Those numbers don't generally work. You don't want to lose three dollars for every unit you make."
 
the first iphone cost millions to produce, and only sold for a couple hundred bucks

what a horrible business model
 
3RA1N1AC said:
the first iphone cost millions to produce, and only sold for a couple hundred bucks

what a horrible business model
Click to expand...

Until you capitalize the R&D and amortize it over the life of the product line, after which point the iPhone was profitable from the get-go.
 
3RA1N1AC said:
the first iphone cost millions to produce, and only sold for a couple hundred bucks

what a horrible business model
Click to expand...

All those "millions" to produce were written off as internal R&D. Tax dodgers.
 
i was jesting

but seriously, the pet rock is unsustainable, sooner or later we will run out of rocks
 
You must log in or register to reply here.

Similar threads

B
Talk About Sore Losers
Replies
4
Views
424
Mediocre Man
Mediocre Man
B
So, Will People Switch to Obamacare?
2 3
Replies
84
Views
5K
maxiep
maxiep
B
Millionaires On Unemployment
3 4 5
Replies
141
Views
9K
blazerboy30
blazerboy30
tlongII
Oregon's "other" assisted suicide
2
Replies
50
Views
3K
maxiep
maxiep
B
Feds State $10 Billion Loss On GM Bailout
Replies
0
Views
169
BLAZER PROPHET
B

Users who are viewing this thread

Total: 1 (members: 0, guests: 1)
Back
Top