NALC agrees to sell-out future postal retirees because of a manufactured financial crisis?

As reported in TheCommunityWord.com: Letter Carriers, USPS work on funding retiree health care. Representatives from the Letter Carriers union and the U.S. Postal Service have agreed on a proposal to fund health care for workers and retirees, National Association of Letter Carriers President Fredric Rolando says, and it would end a big red ink drain…

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Why is the Postmaster General Understating Postal Revenue Gains?

By David Yao In a May 9, 2014 press release, the Postal Service issued another quarterly press release turning an operating profit (of $261 million) into a loss. The supposed loss, an accounting fiction, was caused entirely by the 2006 law which generates a long-term loan to the Federal treasury, under the guise of “pre-funding”…

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