2011 May 14 - postalnews blog

Archive for May 14th, 2011

WSJ: “The Coming Postal Bailout”

The Wall Street Journal Editorial Board has spewed a bit more of their usual bile this morning, this time in the direction of the US Postal Service:

One thing we’ll say about federal bailouts—if you pay attention, you can usually see them coming a mile away. It was true of Fannie Mae and General Motors, and it’s increasingly clear that the next candidate will be the U.S. Postal Service.

The editorial goes on to retell the usual right wing lies: the USPS has done nothing to cut costs, the new APWU contract is a “giveaway” to those most cherished of conservative icons, “union bosses”, etc., etc.

That’s pretty much it in a nutshell- we read the piece to spare you the trouble: but if for some reason you find yourself in need of some mental self-flagellation this morning, click the link below.

via Review & Outlook: The Coming Postal Bailout – WSJ.com.