14 thoughts on “USPS reports $552 million net loss without prefunding for FY 2016 Third Quarter”

1. Run to fail, fabricated losses, rampant corruption and gross mismanagement by way too many Bureaucrats and Managers….enuff said.

2. I have never seen such things going on in my life. There is no business that remains
   without making money. I do not believe that there is one Postal Worker who could
   honestly say that they don’t know several people at the Post Office that are brain
   dead. They are there for a pay check, but their customers, and co workers don’t
   matter. I had to laugh at how stupid this Clerk that has worked at the same office
   for several years was. A customer wanted a 1000 dollar. She gave him a money
   order with all zeros. I can see making a mistake if you are working, but this gal is
   so lazy, and rude . The Post Office can not spare customers . There too many other
   places.

3. Why not require every organization in America that has employees to pre fund their health care costs? Since every organization must make a profit, then our government must insist that ,when we are at war, the Army and Navy must make a profit! Why not force other nations to pay the U. S. when we finish the war? Remember, if it doesn’t make a profit, it’s evil! It is also time to bill people when they call for the police and fire services. And don’t forget to bill parents for public education. Why should the children be freeloaders?

4. over $95 Billion loss since 2009….stopped prefunding to govt in 2009……..red ink to the moon………vehicle fleet rusty/dirty/broken………..just lost 1.6 Billion this 1/4. UPS/FDX/Others in the money. 99% of PO MISMGT no college/university/business experience…..notice the trend. sweep po mismgt out to the street! then we will produce income.

   • Once the last two union contracts are finalized either through negotiation or arbitration, they will be reporting profits again and the big bonus’s will coming again for overpaid management.

5. Fact that are,that USPS stopped making the U.S.Congressionally mandated”prefunding payments”,at end of 2011. And the U.S.Congress,along with President Obama,has refused to take the necessary actions,to fill vacant Postal; Board of Governors seats. Currently,eight out of nine these;remain continously vacant. So,a distorted moral sense of equal it continues,as USPS and our Federal Government, equally ignore the LAW. And there no doubt,that the USPS management higher-ups and,even the USPS various workers unions higher-ups;benefit from these continued stalements. Any workable USPS reform,requires sacrifices from ALL USPS personnel.

   • Obama only has appointed right wing Republican hacks to the BOG who have long advocated privatization and will not provide any necessary oversight as Megan and her cohorts continue to push Donahoe’s initiatives to degrade service and set it up for privatization.Bernie Sanders had to block the nominations to keep it from happening.

6. How bout some of that 800 Million dollar profit Amazon just posted..Congressional Reps have requested figures on how much cost does the Agency incur due to the deals with FedEx/UPS/Amazon?…The Agency’s answer:..look at how much parcel volume we have!!. .so why then is the USPS the only company in the equation that is….LOSING MONEY!!..

7. Why won’t these incompetent inbred cast of clowns at LeEnfant Plaza implement postal banking?

   These clowns with their worthless online degrees would rather sit on their fat asses and run this place in the ground, then try to introduce new services and products that would turn a profit.

   They’re not held accountable as these clowns are allowed to lose billions and still have a job the next day. Their management ranks have the highest ratio of manager to worker than any organization on the planet..and these clowns have the audacity to put themselves on LinkedIn pages along with their phony online degrees. Newsflash!! You’re LinkedIn pages are laughed at and you have no shot at getting a job outside of your bankrupt Postal Service!

8. Why not get rid of overpaid and useless management, that would save over a couple billion dollers

9. Lol. Spin and turn numbers anyway you want. Stop giving OT like it’s candy due to stupid management decisions. Rolando what’s your response this time? Blame only the prefunding again that expires next month anyway? How about “we need postal reform now” just like you said in 2010. I laugh everytime I read this stuff because nothing changes.

10. Apparently it will take another law to overturn the prefunding ripoff that only the USPS has to pony up. This was the present of lame duck George W. Bush to create a cash cow for his buddies to dip their filthy beaks in. It is just criminal to make the Service pay for a retirement health system that already has enough to last for 80 years or longer.
    Congress has been dicking around and ignoring the USPS concerning this skim operation, yet are demanding as hell when services are cut and limited. On that issue, the USPS has no business closing plants or reducing service standards, that much is correct. But Congress is refusing to acknowledge that overturning the retirement prepay program would allow for better service and avoid plant consolidations in the future. Perhaps more carriers could be hired nationwide to insure people got their mail before 8:00 or later in the evening and the crippled rust bucket LLV fleet could be replaced sooner.
    But as usual in Washington, there are always other considerations that take precedence: payoffs, bribes, dirty deals, nepotism, and who knows what else that take away attention from what needs to be done besides worthless speeches. But again, I’m just a little fish in a pond full of hungry sharks who don’t give a shit what I or thousands of other postal workers think.

11. Let the management go elsewhere…

12. First they don’t want to make a profit.
    Second, no company in the world has this many salaried employees
    that do nothing at all.
    Other day in an office at 4PM, mail is out for delivery, 4 salaried employees
    sitting around laughing.
    If you work at a PO you all the problem.

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