Is the Post Office Default Manufactured?

Thursday, August 02, 2012

It's in Article One, Section Eight, Clause Seven of the Constitution: “[Congress shall have the power] To establish post offices and post roads.” But when the United States Postal Service defaulted last night on a $5 billion debt, they didn’t get any help from Congress.

The Senate passed legislation to allow the agency to recoup over $11 billion it had overpaid into an employee pension fund. It also provides incentives to “retire” about 100,000 postal workers. But none of that will go into effect without the House. 

Representative Dennis Kucinich, a Democrat from Ohio, explains why he believes the default is manufactured.


Dennis Kucinich

Hosted by:

John Hockenberry

Produced by:

Brad Mielke

Comments [2]

RPasley from Concord, MA

Kucinich is entirely correct. The effort to make any and all government service look inept, wasteful, and inefficient is the hallmark of the current Republican playbook. When corporate raiders can destroy private sector pension funds by leveraged buyouts and politicians can destroy public sector pension funds by mandating ridiculously high pre-funding requirements, the working class is being assaulted on all fronts. A small minority of well-funded and organized criminals are stealing from the poor and middle class to give to the rich, and the beleaguered Average Joe is falling for the gambit hook, line, and sinker...

Sep. 04 2012 01:34 PM

I WHOLEHEARTEDLY support what Congressman Kucinich is saying here.

The American people have been so dumbed down, most people are unaware we stand to lose the Post Office completely.
I just put in a call to Kucinichs office to thank him and lend my support.

I would suggest that everyone who cares about the future of the Post Office call and write your Senators and Congressman and speak up on this issue.
It only takes a moment.

How refreshing to know there is a politician in Washington who is also a truth seeker.
We cannot solve our problems without getting to the root of them.
Thank you, Congressman Kucinich, for being a role model in this regard.

Please, everyone, tell your friends family and colleagues to stand up and speak out on this vital issue before it is too late.
Call or write your Congressmen/women and Senators and let them know how you feel.


Aug. 02 2012 04:24 PM

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