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Old 04-02-2011, 04:11 PM  
dyna mo
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Quote:
Originally Posted by The Heron View Post
You even realize the USPS is losing money and going broke? Not a great example and in fact I doubt you can find an example of any gov agency that is fiscally sound.
the details reveal the truth:

Quote:
The US Postal Service would have shown a net profit of $76 million in April had it not been for the $458 million charge for future retiree health benefits (RHBTF) imposed by Congress. Unaudited financial results released yesterday show that for the fiscal year to date, the USPS has lost $2.3 billion. Without the RHBTF charge, the USPS would be showing a net profit of over $1 billion, despite the continuing decline in mail volume.
usps is a revenue generating machine.
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