Trump’s hatred for Bezos is clouding his judgement to the big picture. All of the Postal debt until the pandemic was from Congress using the Service as a cash cow. In 2006 Congress needed the money for the Iraq war so they told the Service you’re going to pay us $75 billion over the next 10 years. We’re going to couch that demand under the pretense of “prepayment of retiree healthcare” (which no one else in the world is required to do). Guess what? No one could absorb a $7.5 billion annual debt that came out of nowhere. The USPS was solvent until Congress used them for cash. That and Trump is a real estate developer. The push to sell the Post Office has never been about who delivers grandma’s birthday card, its about getting hold of the most prime real estate in every metropolitan area in the country. The Post Office holds prime downtown real estate in every city in the country. That’s what they’re after.
Congress cannot abide a pile of cash. They have to steal it. Its their nature. People do not realize the degree of jeopardy their IRAs and 401Ks are in.
Politics and Religion 