Privatization of post office long overdue

posted by
September 12, 2011
Orange County Register
by staff  
Posted in Commentary

"Ronald Reagan tried to privatize the U.S. Postal Service. The effort was dropped after he left office in 1989. It's time to take up the idea again. Postmaster General Patrick Donahoe testified last week before the Senate Homeland Security and Governmental Affairs Committee that the USPS, essentially, is broke. He said the USPS can't make a required $5.5 billion employee pension payment to the U.S. Treasury by the Sept. 30 deadline. 'We do not want taxpayer money,' he said. 'We have got to get our finances in order.' But the taxpayers are the only ones who could pay the tab." (09/12/11)

http://www.ocregister.com/opinion/usps-316633-post-postal.html  

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