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equalizer
Participant[quote=flu]
Sure, as efficiently as the U.S. Postal Service….Oh wait….never mind…
Most be kinda cool to work for the U.S. government.
You’re soon to get a GM/Chrysler car, insurance from AIG, and free checking from Bank of America or Citibank.[/quote]USPS is losing money because they are forced to undercharge for first class mail and forced to deliver 6 days a week, not just because of “fat lazy overpaid” union mobs. The fixed costs are incredibly high. If you go outside CA, you would notice that USPS workers actually walk their route and deliver to each house not drive around to boxes.
from the Economist, businesses don’t want to give up welfare subsidy otherwise known as cheap Sat bulk mail,etc. You dont think the postal rates are kept low to keep the blue collar happy do you?
“Congress has encouraged the Postal Service, which is an independent agency under the control of the executive branch, not to rely on government money and to function more like a company. It has not given the agency a handout since the early 1980s. So Potter has been trying to cut costs.
The country’s third-largest employer, the Postal Service is reconfiguring delivery routes, reducing work hours and cutting staff through attrition. Starting on Saturday, New York’s main post office, which prides itself on being open 24 hours a day, will close its overnight window. Other post offices around the country may close down completely.
In spite of these cost-cutting measures, Potter knows that, without help, the service could run out of cash by the end of the year. He has asked Congress to consider changing the law and allowing the postal service to cut deliveries from six days a week to five.
A Gallup poll shows that most Americans would rather see a cut in services than an increase in stamp prices or a government bailout. But not everyone agrees.
Businesses, which send advertisements in bulk, will be fierce opponents of any reduction in delivery days.
Postal Accountability and Enhancement Act of 2006 actually forbids America’s Postal Service to do anything but handle the mail”
Participant[quote=flu]
Sure, as efficiently as the U.S. Postal Service….Oh wait….never mind…
Most be kinda cool to work for the U.S. government.
You’re soon to get a GM/Chrysler car, insurance from AIG, and free checking from Bank of America or Citibank.[/quote]USPS is losing money because they are forced to undercharge for first class mail and forced to deliver 6 days a week, not just because of “fat lazy overpaid” union mobs. The fixed costs are incredibly high. If you go outside CA, you would notice that USPS workers actually walk their route and deliver to each house not drive around to boxes.
from the Economist, businesses don’t want to give up welfare subsidy otherwise known as cheap Sat bulk mail,etc. You dont think the postal rates are kept low to keep the blue collar happy do you?
“Congress has encouraged the Postal Service, which is an independent agency under the control of the executive branch, not to rely on government money and to function more like a company. It has not given the agency a handout since the early 1980s. So Potter has been trying to cut costs.
The country’s third-largest employer, the Postal Service is reconfiguring delivery routes, reducing work hours and cutting staff through attrition. Starting on Saturday, New York’s main post office, which prides itself on being open 24 hours a day, will close its overnight window. Other post offices around the country may close down completely.
In spite of these cost-cutting measures, Potter knows that, without help, the service could run out of cash by the end of the year. He has asked Congress to consider changing the law and allowing the postal service to cut deliveries from six days a week to five.
A Gallup poll shows that most Americans would rather see a cut in services than an increase in stamp prices or a government bailout. But not everyone agrees.
Businesses, which send advertisements in bulk, will be fierce opponents of any reduction in delivery days.
Postal Accountability and Enhancement Act of 2006 actually forbids America’s Postal Service to do anything but handle the mail”
Participant[quote=flu]
Sure, as efficiently as the U.S. Postal Service….Oh wait….never mind…
Most be kinda cool to work for the U.S. government.
You’re soon to get a GM/Chrysler car, insurance from AIG, and free checking from Bank of America or Citibank.[/quote]USPS is losing money because they are forced to undercharge for first class mail and forced to deliver 6 days a week, not just because of “fat lazy overpaid” union mobs. The fixed costs are incredibly high. If you go outside CA, you would notice that USPS workers actually walk their route and deliver to each house not drive around to boxes.
from the Economist, businesses don’t want to give up welfare subsidy otherwise known as cheap Sat bulk mail,etc. You dont think the postal rates are kept low to keep the blue collar happy do you?
“Congress has encouraged the Postal Service, which is an independent agency under the control of the executive branch, not to rely on government money and to function more like a company. It has not given the agency a handout since the early 1980s. So Potter has been trying to cut costs.
The country’s third-largest employer, the Postal Service is reconfiguring delivery routes, reducing work hours and cutting staff through attrition. Starting on Saturday, New York’s main post office, which prides itself on being open 24 hours a day, will close its overnight window. Other post offices around the country may close down completely.
In spite of these cost-cutting measures, Potter knows that, without help, the service could run out of cash by the end of the year. He has asked Congress to consider changing the law and allowing the postal service to cut deliveries from six days a week to five.
A Gallup poll shows that most Americans would rather see a cut in services than an increase in stamp prices or a government bailout. But not everyone agrees.
Businesses, which send advertisements in bulk, will be fierce opponents of any reduction in delivery days.
Postal Accountability and Enhancement Act of 2006 actually forbids America’s Postal Service to do anything but handle the mail”
Participant[quote=flu]
Sure, as efficiently as the U.S. Postal Service….Oh wait….never mind…
Most be kinda cool to work for the U.S. government.
You’re soon to get a GM/Chrysler car, insurance from AIG, and free checking from Bank of America or Citibank.[/quote]USPS is losing money because they are forced to undercharge for first class mail and forced to deliver 6 days a week, not just because of “fat lazy overpaid” union mobs. The fixed costs are incredibly high. If you go outside CA, you would notice that USPS workers actually walk their route and deliver to each house not drive around to boxes.
from the Economist, businesses don’t want to give up welfare subsidy otherwise known as cheap Sat bulk mail,etc. You dont think the postal rates are kept low to keep the blue collar happy do you?
“Congress has encouraged the Postal Service, which is an independent agency under the control of the executive branch, not to rely on government money and to function more like a company. It has not given the agency a handout since the early 1980s. So Potter has been trying to cut costs.
The country’s third-largest employer, the Postal Service is reconfiguring delivery routes, reducing work hours and cutting staff through attrition. Starting on Saturday, New York’s main post office, which prides itself on being open 24 hours a day, will close its overnight window. Other post offices around the country may close down completely.
In spite of these cost-cutting measures, Potter knows that, without help, the service could run out of cash by the end of the year. He has asked Congress to consider changing the law and allowing the postal service to cut deliveries from six days a week to five.
A Gallup poll shows that most Americans would rather see a cut in services than an increase in stamp prices or a government bailout. But not everyone agrees.
Businesses, which send advertisements in bulk, will be fierce opponents of any reduction in delivery days.
Postal Accountability and Enhancement Act of 2006 actually forbids America’s Postal Service to do anything but handle the mail”
Participant[quote=flu]
Sure, as efficiently as the U.S. Postal Service….Oh wait….never mind…
Most be kinda cool to work for the U.S. government.
You’re soon to get a GM/Chrysler car, insurance from AIG, and free checking from Bank of America or Citibank.[/quote]USPS is losing money because they are forced to undercharge for first class mail and forced to deliver 6 days a week, not just because of “fat lazy overpaid” union mobs. The fixed costs are incredibly high. If you go outside CA, you would notice that USPS workers actually walk their route and deliver to each house not drive around to boxes.
from the Economist, businesses don’t want to give up welfare subsidy otherwise known as cheap Sat bulk mail,etc. You dont think the postal rates are kept low to keep the blue collar happy do you?
“Congress has encouraged the Postal Service, which is an independent agency under the control of the executive branch, not to rely on government money and to function more like a company. It has not given the agency a handout since the early 1980s. So Potter has been trying to cut costs.
The country’s third-largest employer, the Postal Service is reconfiguring delivery routes, reducing work hours and cutting staff through attrition. Starting on Saturday, New York’s main post office, which prides itself on being open 24 hours a day, will close its overnight window. Other post offices around the country may close down completely.
In spite of these cost-cutting measures, Potter knows that, without help, the service could run out of cash by the end of the year. He has asked Congress to consider changing the law and allowing the postal service to cut deliveries from six days a week to five.
A Gallup poll shows that most Americans would rather see a cut in services than an increase in stamp prices or a government bailout. But not everyone agrees.
Businesses, which send advertisements in bulk, will be fierce opponents of any reduction in delivery days.
Postal Accountability and Enhancement Act of 2006 actually forbids America’s Postal Service to do anything but handle the mail”
Participant[quote=paramount]Significant layoff today in RB – won’t state company name due to personal liability issues.
Approx. 150 people
Employer is located about 1/8 mile from the new Sony building.[/quote]
Is it related to this story below? Sony message board on Yahoo finance in March had rumors that about HDTV section moving back to Japan.
Participant[quote=paramount]Significant layoff today in RB – won’t state company name due to personal liability issues.
Approx. 150 people
Employer is located about 1/8 mile from the new Sony building.[/quote]
Is it related to this story below? Sony message board on Yahoo finance in March had rumors that about HDTV section moving back to Japan.
Participant[quote=paramount]Significant layoff today in RB – won’t state company name due to personal liability issues.
Approx. 150 people
Employer is located about 1/8 mile from the new Sony building.[/quote]
Is it related to this story below? Sony message board on Yahoo finance in March had rumors that about HDTV section moving back to Japan.
Participant[quote=paramount]Significant layoff today in RB – won’t state company name due to personal liability issues.
Approx. 150 people
Employer is located about 1/8 mile from the new Sony building.[/quote]
Is it related to this story below? Sony message board on Yahoo finance in March had rumors that about HDTV section moving back to Japan.
Participant[quote=paramount]Significant layoff today in RB – won’t state company name due to personal liability issues.
Approx. 150 people
Employer is located about 1/8 mile from the new Sony building.[/quote]
Is it related to this story below? Sony message board on Yahoo finance in March had rumors that about HDTV section moving back to Japan.
Participant[quote=SD Realtor]I know jp, I know… but printing money is… well it is to be expected.
To me this is a hell of alot more scary. Our government is taking ownership of a private company. The union who backed the current party in power, is now partial owner of that company. It is likely this will happen to another company.
Doesnt this seem kind of scary to you?
*************
I mean, I guess what is more scary to me is that the public, the press, well pretty much nobody is batting an eye.
[/quote]
Half-baked victory for UAW:
“But when you consider the 55% is in a company that lost $16.8 billion last year and has seen its sales drop by half, the victory seems less impressive…
Plus, the union’s control in the boardroom will be limited. Despite the large stake, it gets only one seat on a nine-member board that will govern a new Chrysler-Fiat joint venture.I think it’s a whole lot weaker than it appears,” said Gerald Meyers, a University of Michigan business professor and former CEO of American Motors Corp. ‘I would say the UAW wouldn’t want to get into the speculative game of the stock market. That’s not reassuring to retirees.’
The employees don’t own any part of Chrysler or GM, it’s the health trust, and they’re going to sell that stock as soon as they can. It’s more like somebody saying ‘I can’t pay the money I owe you, so take some stock and you can sell it.”‘
That’s exactly what the union intends to do, its president Ron Gettelfinger said Friday in an interview with National Public Radio.”
http://www.usatoday.com/money/autos/2009-05-03-uaw-chrysler_N.htm
Participant[quote=SD Realtor]I know jp, I know… but printing money is… well it is to be expected.
To me this is a hell of alot more scary. Our government is taking ownership of a private company. The union who backed the current party in power, is now partial owner of that company. It is likely this will happen to another company.
Doesnt this seem kind of scary to you?
*************
I mean, I guess what is more scary to me is that the public, the press, well pretty much nobody is batting an eye.
[/quote]
Half-baked victory for UAW:
“But when you consider the 55% is in a company that lost $16.8 billion last year and has seen its sales drop by half, the victory seems less impressive…
Plus, the union’s control in the boardroom will be limited. Despite the large stake, it gets only one seat on a nine-member board that will govern a new Chrysler-Fiat joint venture.I think it’s a whole lot weaker than it appears,” said Gerald Meyers, a University of Michigan business professor and former CEO of American Motors Corp. ‘I would say the UAW wouldn’t want to get into the speculative game of the stock market. That’s not reassuring to retirees.’
The employees don’t own any part of Chrysler or GM, it’s the health trust, and they’re going to sell that stock as soon as they can. It’s more like somebody saying ‘I can’t pay the money I owe you, so take some stock and you can sell it.”‘
That’s exactly what the union intends to do, its president Ron Gettelfinger said Friday in an interview with National Public Radio.”
http://www.usatoday.com/money/autos/2009-05-03-uaw-chrysler_N.htm
Participant[quote=SD Realtor]I know jp, I know… but printing money is… well it is to be expected.
To me this is a hell of alot more scary. Our government is taking ownership of a private company. The union who backed the current party in power, is now partial owner of that company. It is likely this will happen to another company.
Doesnt this seem kind of scary to you?
*************
I mean, I guess what is more scary to me is that the public, the press, well pretty much nobody is batting an eye.
[/quote]
Half-baked victory for UAW:
“But when you consider the 55% is in a company that lost $16.8 billion last year and has seen its sales drop by half, the victory seems less impressive…
Plus, the union’s control in the boardroom will be limited. Despite the large stake, it gets only one seat on a nine-member board that will govern a new Chrysler-Fiat joint venture.I think it’s a whole lot weaker than it appears,” said Gerald Meyers, a University of Michigan business professor and former CEO of American Motors Corp. ‘I would say the UAW wouldn’t want to get into the speculative game of the stock market. That’s not reassuring to retirees.’
The employees don’t own any part of Chrysler or GM, it’s the health trust, and they’re going to sell that stock as soon as they can. It’s more like somebody saying ‘I can’t pay the money I owe you, so take some stock and you can sell it.”‘
That’s exactly what the union intends to do, its president Ron Gettelfinger said Friday in an interview with National Public Radio.”
http://www.usatoday.com/money/autos/2009-05-03-uaw-chrysler_N.htm
Participant[quote=SD Realtor]I know jp, I know… but printing money is… well it is to be expected.
To me this is a hell of alot more scary. Our government is taking ownership of a private company. The union who backed the current party in power, is now partial owner of that company. It is likely this will happen to another company.
Doesnt this seem kind of scary to you?
*************
I mean, I guess what is more scary to me is that the public, the press, well pretty much nobody is batting an eye.
[/quote]
Half-baked victory for UAW:
“But when you consider the 55% is in a company that lost $16.8 billion last year and has seen its sales drop by half, the victory seems less impressive…
Plus, the union’s control in the boardroom will be limited. Despite the large stake, it gets only one seat on a nine-member board that will govern a new Chrysler-Fiat joint venture.I think it’s a whole lot weaker than it appears,” said Gerald Meyers, a University of Michigan business professor and former CEO of American Motors Corp. ‘I would say the UAW wouldn’t want to get into the speculative game of the stock market. That’s not reassuring to retirees.’
The employees don’t own any part of Chrysler or GM, it’s the health trust, and they’re going to sell that stock as soon as they can. It’s more like somebody saying ‘I can’t pay the money I owe you, so take some stock and you can sell it.”‘
That’s exactly what the union intends to do, its president Ron Gettelfinger said Friday in an interview with National Public Radio.”
http://www.usatoday.com/money/autos/2009-05-03-uaw-chrysler_N.htm
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