Forgone Baby Gone

Imagine this: your cousin lends you $1,200 to start a little business and you have 42 years to pay him back, interest free, at $29 a year. No penalties kick in if you don’t pay him each year and there’s no interest on the debt. 

In the 1990s, Congress arranged that type of deal with the U.S. Postal Service.

 

Finances Stabilize, or Maybe Not

It’s hard to know whether the U.S. Postal Service should have as its theme song “We’re in the Money” or “Brother, Can You Spare a Dime?” Its just-released financial results for the first quarter of fiscal 2016 suggest both are accurate – depending on how you read the statements.

 

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Recent Comments

  • 2 days 19 hours ago
    yall are wack. been on hold for 1hr and 10 mins when my est wait time was supposedly MAX 1 hr and 7 mins. i hope amazon runs yall out of business.
  • 1 week 1 day ago
    I think the USPS does a good job. But, I've noticed still not aware of security and safety risks of the mail today. It is very easy to mail anything to harm anyone. Specially in the elderly and...

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