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US Postal Service defaults. Fate lies with Congress...Again!! And Again!! and...
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[quote:chicago getting sparrows 1351603:MV8yMDA5MzQzXzMzNzYwNjYxXzlFRUYzQUEy] oh yes haymarket going post Al. Justified! Do you order your stamps by the cyanide lethality or do you just trust the post officer general to be LD 50 toxicology expert? Yes i would like some of the rose stamps (wink wink) Crazy frog - Na Na Na Hey Hey http://www.youtube.com/watch?v=TGXEsaRSAYM [/quote]
US Postal Service defaults. Fate lies with Congress.
The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay, is sounding a new cautionary note that having squeezed out all the cost savings within its power, the mail agency's viability now lies almost entirely with Congress.
In an interview, Postmaster General Patrick Donahoe said the mail agency will be forced to miss the $5.6 billion payment due to the Treasury on Sunday, its second default in as many months. Congress has left Washington until after the November elections, without approving a postal fix.
link to www.csmonitor.com
this aint the first time..read more from others here on glp
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