Postal Cuts To Slow First-Class Mail

[VivianLynne]

I do not think the electronic foot print is a secure against hackers as we all think it is. In my area, hackers have gotten in the Exxon/Mobil Credit Union and looted the account of millions of dollars. You just don't read about it, as it is an ongoing investigation --- but ask several of my friends whose money disappeared or all the credit union members who were locked out of their online accounts and the physical credit union building for almost a week. This credit union members had many patten holders from the oil company's research division.

Yes, insurance did make the account holders whole ... but it happen just in Spring, 2011.

Just my opinion...

 

[persia]

Back in the old days when people used checks, I ad someone steal and modify the amount on a check. They cashed it and I was never made whole on it. That reminds me, I'm going to find those starter checks and toss them in the fireplace, I'm so glad those days are gone.

I do not think the electronic foot print is a secure against hackers as we all think it is. In my area, hackers have gotten in the Exxon/Mobil Credit Union and looted the account of millions of dollars. You just don't read about it, as it is an ongoing investigation --- but ask several of my friends whose money disappeared or all the credit union members who were locked out of their online accounts and the physical credit union building for almost a week. This credit union members had many patten holders from the oil company's research division.

Yes, insurance did make the account holders whole ... but it happen just in Spring, 2011.

Just my opinion...

 

[PigsDad]

I do not think the electronic foot print is a secure against hackers as we all think it is. In my area, hackers have gotten in the Exxon/Mobil Credit Union and looted the account of millions of dollars. You just don't read about it, as it is an ongoing investigation --- but ask several of my friends whose money disappeared or all the credit union members who were locked out of their online accounts and the physical credit union building for almost a week. This credit union members had many patten holders from the oil company's research division.

Yes, insurance did make the account holders whole ... but it happen just in Spring, 2011.

Just my opinion...

And someone can steal your checkbook, steal bill payment letters from your mailbox (especially a problem in rural areas), letters can get lost in the postal system, etc. Personally, I will take electronic delivery of payments over snail-mail any day of the week (and twice on Sunday -- especially since there are no postal services on Sundays -- unlike the internet ).

Kurt

 

[Egret1986]

Thank you for sharing this information.

Blame Congress. The USPS cannot change how they deliver the mail without approval. They have suggested dropping Saturday and have been shot down.

The post office has received no tax dollars for 20 years or more. They are subject however to the control of Congress.

I believe most folks think it's the USPS that makes it's own decisions and that it is funded by tax dollars. Also, few are knowledgeable about the required pre-funding of retirement and retiree health benefits that was passed in 2006 by Congress, and is not a requirement of any other federal government entity.

I still believe there is a need for the USPS, but it definitely needs to take a new direction in order to be self-sustaining. Congress needs to allow this to happen.

USPS just submitted a request to change delivery standards of First Class Mail, which will mean no more overnight local mail in order to consolidate 500 mail processing facilities down to 200. USPS has to do something to stay in business, but I'm not sure this is the answer. This will only make the "snail" even slower. While I do most things electronically, there's still things I prefer or need to use the USPS for. I find the pricing for this service phenomenal.

 

[beanie]

as far as bloated pensions that is a misnomer. under our pension system one gets 1 percent for every yr worked. so if you work 30 yrs and your high 3 average salary (base pay only ) is $60.000 your pension will be $18 ,000 a yr. under the civil service retirement system they received 2 percent a yr so theirs would be $36,00 a yr but they paid 6 percent of their salary into it for 30 yrs.
plus take out taxes and health insurance ( retirees pay about $300 a month for health ins. right now ) and you see nobody gets rich from retiring from the P.O.