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You know what the Post Office needs? Windmills. Lots and lots of windmills. And batteries. Senator Tom Carper (D-Delaware) recently unveiled his brilliant plan to save the Postal Service. Let's listen in.
The government builds windmills up and down the East Coast. The windmills make electricity, the batteries store the electricity, and the Post Office saves money on gas by converting their trucks to run on batteries. Is he a genius or what?
Meanwhile the Senate Inefficiency Caucus postponed the Postal Service's day of reckoning by at least 2 years with plans for an $11 billion dollar taxpayer bailout.
The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give the struggling agency an $11 billion cash infusion while delaying controversial decisions on closing post offices and ending Saturday delivery.
By a 62-37 vote, senators approved a measure which had divided mostly along rural-urban lines. Over the past several weeks, the bill was modified more than a dozen times, adding new restrictions on closings and cuts to service that rural-state senators said would hurt their communities the most.
At stake are more than 100,000 jobs. The agency, $12 billion in debt, says it could run out of money for day-to-day operations as soon as this fall, forcing it to shut down some of its services.
Tyler Durden at ZeroHedge calls this bipartisan boondoggle for what it really is, an election year gift to one of Obama's core constituencies — public employee unionistas.
[...] the first of many incremental bail outs of the US Postal Office, better known in pre-election circles as hundreds of thousands of unionized votes up for the taking, and which could be bought for the low low price of $11 billion in taxpayer money, or $110,000 per vote! And so the latest bailout of yet another terminally inefficient and outdated government entity begins.
Like Government Motors, the Post Office is at its heart a pension and employee benefits plan which occasionally performs a useful service. All while reliably delivering votes for Democrats of course.
They may as well tilt at windmills. Or bring back the Pony Express.
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