Where Does Helping Out The Postal Service Fit In Against Airlines Or Oil Companies? Companies are being looked at as victims of Coronavirus, we get that to different degrees. The...

woodguru

Companies are being looked at as victims of Coronavirus, we get that to different degrees. The argument becomes which companies need help and which ones are left to die.

Airlines will still be there without help, they may have to declare bankruptcy and reorganize their debts, but banks will work with them, they will be there when the spoke clears...one way or another. They can issue a stock offering for billions of dollars, they can trim CEO pay, their planes will be bought up by a new company, airports will still be there. These are privately owned corporations and they can do what they have to do...and the government will be picking up the tab for their employees out of work, so money does not need to go to them for that either.

Oil companies will get by, sure, their profits might be down from 50 billion a quarter to under t10 billion, but that is less profit, not no profit, they will survive without bailouts. Giving them money doesn't help them do what they are already going to do anyway.

I saw where the ethanol industry is getting hammered...good, let it die, we don't need to be subsidizing ethanol anyway, any aspect of it from subsidizing corn to subsidizing it's addition to gasoline...we can do without a stupidly expensive exercise in stupidity that serves no purpose.

But the post office is significantly different, we depend on it in a different way than businesses that are hit by Covid because they change people's habits, nobody wants to fly, people are driving way less and using less gas. There is no option to letting the post office die because their use is down to unsustainable levels. Half the mail I've been getting is government notifications, the government is relying on the post office to get information to people.

Keeping things up and running is way cheaper than letting them fail and putting them back together. The idea of letting the post office fail is a republican's wet dream, they want the postal service privatized and have for a long time. They have repeatedly underfunded and imposed financial hardships designed to make it fail. When the post office tries to do things to increase revenues they are blocked from doing them, the GOP says they are not a retail entity, so they can't sell supplies or other things. Yet if the post office was privatized there would be no oversight, and the government would be subsidizing a for profit entity.

If the post office were allowed to fail, it's assets would be virtually given to a privately run entity, and tens of billions would be given to the new owners to get it back up and running. It would cost people and the government vast sums of money to privatize this that is a far higher priority than airlines or oil companies, or banks for that matter.

And here we have the Trump administration threatening to veto stimulus bills if any money goes to the post office. As far as I'm concerned Mnuchin has every reason to make sure he is covering the postal service when he starts handing out money to corporations.

https://thehill.com/homenews/administration/492377-trump-threatened-to-veto-stimulus-package-if-it-contained-bailout

archie bunker Loc: Texas

woodguru wrote:

Companies are being looked at as victims of Coronavirus, we get that to different degrees. The argument becomes which companies need help and which ones are left to die.

Airlines will still be there without help, they may have to declare bankruptcy and reorganize their debts, but banks will work with them, they will be there when the spoke clears...one way or another. They can issue a stock offering for billions of dollars, they can trim CEO pay, their planes will be bought up by a new company, airports will still be there. These are privately owned corporations and they can do what they have to do...and the government will be picking up the tab for their employees out of work, so money does not need to go to them for that either.

Oil companies will get by, sure, their profits might be down from 50 billion a quarter to under t10 billion, but that is less profit, not no profit, they will survive without bailouts. Giving them money doesn't help them do what they are already going to do anyway.

I saw where the ethanol industry is getting hammered...good, let it die, we don't need to be subsidizing ethanol anyway, any aspect of it from subsidizing corn to subsidizing it's addition to gasoline...we can do without a stupidly expensive exercise in stupidity that serves no purpose.

But the post office is significantly different, we depend on it in a different way than businesses that are hit by Covid because they change people's habits, nobody wants to fly, people are driving way less and using less gas. There is no option to letting the post office die because their use is down to unsustainable levels. Half the mail I've been getting is government notifications, the government is relying on the post office to get information to people.

Keeping things up and running is way cheaper than letting them fail and putting them back together. The idea of letting the post office fail is a republican's wet dream, they want the postal service privatized and have for a long time. They have repeatedly underfunded and imposed financial hardships designed to make it fail. When the post office tries to do things to increase revenues they are blocked from doing them, the GOP says they are not a retail entity, so they can't sell supplies or other things. Yet if the post office was privatized there would be no oversight, and the government would be subsidizing a for profit entity.

If the post office were allowed to fail, it's assets would be virtually given to a privately run entity, and tens of billions would be given to the new owners to get it back up and running. It would cost people and the government vast sums of money to privatize this that is a far higher priority than airlines or oil companies, or banks for that matter.

And here we have the Trump administration threatening to veto stimulus bills if any money goes to the post office. As far as I'm concerned Mnuchin has every reason to make sure he is covering the postal service when he starts handing out money to corporations.

https://thehill.com/homenews/administration/492377-trump-threatened-to-veto-stimulus-package-if-it-contained-bailout

Companies are being looked at as victims of Corona... (show quote)

What is the other half of the mail you've been getting?

Sew_What

woodguru wrote:

Companies are being looked at as victims of Coronavirus, we get that to different degrees. The argument becomes which companies need help and which ones are left to die.

Airlines will still be there without help, they may have to declare bankruptcy and reorganize their debts, but banks will work with them, they will be there when the spoke clears...one way or another. They can issue a stock offering for billions of dollars, they can trim CEO pay, their planes will be bought up by a new company, airports will still be there. These are privately owned corporations and they can do what they have to do...and the government will be picking up the tab for their employees out of work, so money does not need to go to them for that either.

Oil companies will get by, sure, their profits might be down from 50 billion a quarter to under t10 billion, but that is less profit, not no profit, they will survive without bailouts. Giving them money doesn't help them do what they are already going to do anyway.

I saw where the ethanol industry is getting hammered...good, let it die, we don't need to be subsidizing ethanol anyway, any aspect of it from subsidizing corn to subsidizing it's addition to gasoline...we can do without a stupidly expensive exercise in stupidity that serves no purpose.

But the post office is significantly different, we depend on it in a different way than businesses that are hit by Covid because they change people's habits, nobody wants to fly, people are driving way less and using less gas. There is no option to letting the post office die because their use is down to unsustainable levels. Half the mail I've been getting is government notifications, the government is relying on the post office to get information to people.

Keeping things up and running is way cheaper than letting them fail and putting them back together. The idea of letting the post office fail is a republican's wet dream, they want the postal service privatized and have for a long time. They have repeatedly underfunded and imposed financial hardships designed to make it fail. When the post office tries to do things to increase revenues they are blocked from doing them, the GOP says they are not a retail entity, so they can't sell supplies or other things. Yet if the post office was privatized there would be no oversight, and the government would be subsidizing a for profit entity.

If the post office were allowed to fail, it's assets would be virtually given to a privately run entity, and tens of billions would be given to the new owners to get it back up and running. It would cost people and the government vast sums of money to privatize this that is a far higher priority than airlines or oil companies, or banks for that matter.

And here we have the Trump administration threatening to veto stimulus bills if any money goes to the post office. As far as I'm concerned Mnuchin has every reason to make sure he is covering the postal service when he starts handing out money to corporations.

https://thehill.com/homenews/administration/492377-trump-threatened-to-veto-stimulus-package-if-it-contained-bailout

Companies are being looked at as victims of Corona... (show quote)

I have posted this 3 times in 24 hours, it is supported by the Constitution, so it doesn't matter whether anyone likes it or not:

Article I, Section 8, Clause 7 of the United States Constitution, known as the Postal Clause or the Postal Power, empowers Congress "To establish Post Offices and Post Roads".

Bam, pay up Trumpy, Wumpy.

Liberty Tree

archie bunker wrote:

What is the other half of the mail you've been getting?

The postal service ranting posts are just new liberal talking points hey have been fed by their handlers. It will pass when they are given a new topic.

archie bunker Loc: Texas

Sew_What wrote:

I have posted this 3 times in 24 hours, it is supported by the Constitution, so it doesn't matter whether anyone likes it or not:

Article I, Section 8, Clause 7 of the United States Constitution, known as the Postal Clause or the Postal Power, empowers Congress "To establish Post Offices and Post Roads".

Bam, pay up Trumpy, Wumpy.

I could say a lot here, but I won't because I wear the blue suit with the bird on it.

son of witless

woodguru wrote:

Companies are being looked at as victims of Coronavirus, we get that to different degrees. The argument becomes which companies need help and which ones are left to die.

Airlines will still be there without help, they may have to declare bankruptcy and reorganize their debts, but banks will work with them, they will be there when the spoke clears...one way or another. They can issue a stock offering for billions of dollars, they can trim CEO pay, their planes will be bought up by a new company, airports will still be there. These are privately owned corporations and they can do what they have to do...and the government will be picking up the tab for their employees out of work, so money does not need to go to them for that either.

Oil companies will get by, sure, their profits might be down from 50 billion a quarter to under t10 billion, but that is less profit, not no profit, they will survive without bailouts. Giving them money doesn't help them do what they are already going to do anyway.

I saw where the ethanol industry is getting hammered...good, let it die, we don't need to be subsidizing ethanol anyway, any aspect of it from subsidizing corn to subsidizing it's addition to gasoline...we can do without a stupidly expensive exercise in stupidity that serves no purpose.

But the post office is significantly different, we depend on it in a different way than businesses that are hit by Covid because they change people's habits, nobody wants to fly, people are driving way less and using less gas. There is no option to letting the post office die because their use is down to unsustainable levels. Half the mail I've been getting is government notifications, the government is relying on the post office to get information to people.

Keeping things up and running is way cheaper than letting them fail and putting them back together. The idea of letting the post office fail is a republican's wet dream, they want the postal service privatized and have for a long time. They have repeatedly underfunded and imposed financial hardships designed to make it fail. When the post office tries to do things to increase revenues they are blocked from doing them, the GOP says they are not a retail entity, so they can't sell supplies or other things. Yet if the post office was privatized there would be no oversight, and the government would be subsidizing a for profit entity.

If the post office were allowed to fail, it's assets would be virtually given to a privately run entity, and tens of billions would be given to the new owners to get it back up and running. It would cost people and the government vast sums of money to privatize this that is a far higher priority than airlines or oil companies, or banks for that matter.

And here we have the Trump administration threatening to veto stimulus bills if any money goes to the post office. As far as I'm concerned Mnuchin has every reason to make sure he is covering the postal service when he starts handing out money to corporations.

https://thehill.com/homenews/administration/492377-trump-threatened-to-veto-stimulus-package-if-it-contained-bailout

Companies are being looked at as victims of Corona... (show quote)

Most of the Post Office's troubles are not from the COVID-19 shutdown. What part of that doncha get ??????

FallenOak Loc: St George Utah

Sew_What wrote:

I have posted this 3 times in 24 hours, it is supported by the Constitution, so it doesn't matter whether anyone likes it or not:

Article I, Section 8, Clause 7 of the United States Constitution, known as the Postal Clause or the Postal Power, empowers Congress "To establish Post Offices and Post Roads".

Bam, pay up Trumpy, Wumpy.

I think that Post Roads are no longer under the Post Office but under the Department of Transportation. I don't know of anytime in the present when the Post Office has repaired a road. I do know of that Article of the Constitution. I also wonder often why my letter costs me fifty cents and a letter from my congressman asking me to vote for him is free. I wonder why I get lots of junk advertisements that cost much less than my letters do. Make every piece of mail pay the same cost. I realize that I am going to cause the pulpwood farmers a loss of income as they might need to grow fewer trees if junk mail didn't exist.