Has anyone read the latest News Release from USPS?

http://www.usps.com/communications/n...1/pr11_014.htm

They indicate the lost millions in the first 2 months...and will be at their spending limit and even default on some loans by 9/30/11.

Oh joy...

Geez, guess this means we will have higher shipping prices to look forward to! :(

Anyone surprised?

Well for pity's sake! I thought the QB would have put them in the black!

there at two different gentlemen who carry mail to my street.

they are both very nice, very courteous and helpful, and they both work their butts off.

i can send a letter from here to any state or US territory for less than 50 cents. a nice fat flat rate for less than $5.

i sure hope they figure out how to stay in business.

I also hope they figure out this economic mess. I'd hate to have such a traditional service fall by the way.
I'm sure technology has hit the USPS hard with email and electronic bill paying. I personally can't remember the last time I bought stamps. I do, however, use the service for my QB sales.
'Just a thought though: originally the mail was delivered on horse back and the motto was, and is: Neither rain, sleet, snow nor dark of night will keep the postman from his appointed rounds. My street didn't have mail delivery for a whole week during the recent snow storm!

Sorry to hear but, if they keep raising the postage they will loose even more business.

We will always have a need to mail something...I'm hoping they can figure it out too.

I think they need to quit selling all the extra junk like the cutesy cards and wrapping paper and music CDs...when did they become a Hallmark store?...don't they know that lots of Hallmark stores went out of business too.

Have some cool looking novelty items, not sure thats the problem.
Here grand jury ask why are County agencies using private carrier for a piece of paper, agency to agency.
Would be curious how many things are sent this way, or how much could be saved by using P.O.
They still are the most reasonable way to ship. Hope we don't loose the privlege, can't imagine what other carriers would change the prices to if nothing to compete with.
JMO

I just sent something via overnight mail with UPS and it was outragious - $29.96.

I would have used USPS, but they were closed already.