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View Diary: Should Americans Forgive the $2.5 Trillion Borrowed From Social Security? (181 comments)

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  •  The reason they did that to the Post Office (3+ / 0-)
    Recommended by:
    leftreborn, astrogeology girl, DvCM

    (other than to destroy a government agency that was succeeding at its mission - can't have that) was because eventually they want to privatize the whole thing and sell off a huge 75 year pension plan that will then be raided by the purchaser in the way Bain Capital has destroyed many companies through vulture capitalism.

    If the Post Office becomes less and less needed (due to email and other efficiencies) then the staff will get fewer and fewer and that 75 year pension setup will become more money than is needed, so they'll "free up those funds" in the form of bonuses to the bigwigs.  Not that they'll keep funding the pensions anyway - the raiders will be long gone before 75 years is up.

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