Wednesday, September 29, 2010

STERLING EXAMPLE OF THE SUCCESS OF OBAMA'S "BUSINESSES"

President Barack Obama directly or indirectly is the chairman of the United States Postal Service.  How is he doing?  Great, according to his metrics.  It lost $3,500,000,000 last QUARTER, annualized, that number would be $14,000,000,000!  Total expected losses over the next ten years?  Nearly one-quarter of a TRILLION DOLLARS.  PRIVATIZE!  No, Obama can't afford to.  There are 600,000 voters working for him in the USPS, making an average of $83,000 a year (in wages and benefits, about 50% above the rest of us us, on average).  Yes mostly uniionized with a portion of their wages going to elect Democrats.  Obama's solution?  Raise the cost of postage in this bitter, deep recession;  yes, of course, USPS is a government-established monopoly.  Even so it's being killed in part by FedEx and UPS.  In part by cluless management who want to keep the workers happy and voting Democratic.

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