The Mudcat Café TM
Thread #140485   Message #3231452
Posted By: Donuel
29-Sep-11 - 11:42 PM
Thread Name: BS: More stupid jerkwad stuff to get upset a
Subject: RE: BS: More stupid jerkwad stuff to get upset a
The Bush Administration in lame duck session passed a law that required the US Post office to pay in full for all Employees, including employees that have not even been born yet for the next 75 years.... and pay it all to the Treasury in 10 years. ( It was revised from 5 to 10 years)

This has never been done to any agency or business in history.

Why?

So that Billionaires could take over parts of the post office, skimn 18% off the top over 3 years for profit and go bankrupt.

The hostile take over should net Billionaire investors five times their investment and for some make over a trillion dollars.

The current workers would of course lose their pension, 30% of jobs and cost the country more money and dreadful or suspended service.