How The Postal Service Continues To Burn Money

by Ken Blackwell.     Most people are going to tell you that they can’t stand seeing good money go to waste. When it comes to the U.S. government, however, wasteful spending continues to be the name of the game. A repeat culprit of government waste — the United States Postal Service (USPS), which recorded a revenue loss of $5.5 billion    ... MORE

USPS Wants To Mine & Sell Data Gathered From Your Mail

by Giuseppe Macri.     The United States Postal Service is looking to get in on the big-data-for-profit game played by tech giants like Facebook and Google, and begin mining and selling private data gathered from personal mail sent from and received by Americans everywhere. USPS chief marketing and sales officer Nagisa Manabe recently told    ... MORE

U.S. Postal Service Is Tracking All Mail Sent Within Country

Just like the NSA's PRISM spying.     Federal officials have been tracking all mail sent through the United States Postal Service for well over a decade, but have been monitoring select pieces of mail for over a century. Using a pair of systems that snap images of envelopes and catalogue them into batches, the federal government tracks all  ... MORE

John Stossel: A Post-Post Office World

A system of cumbersome inefficiency.  Even parts of government that look like a business never get run with the efficiency of a business. Just look at the post office. They buy commercials and tout their services the way private businesses do. They offer a service that customers want. But a real business can't get away with losing   ... MORE

Scott Shackford: Dead Letters

The U.S. Postal Service's long, hard fall.  The U.S. Postal Service (USPS) did not fare well in 2012. Costs, losses, and debts rose as the volume of mail continued a decline that began in the middle of the last decade. Now the USPS is warning that without help from Congress, it will run out of money by the end of October. In reason’s May 1991     ... MORE

NY Post: The Senate's Foolish USPS Bailout

A good reason for taxpayers to go postal. The US Postal Service is so mired in debt that nothing can save it from going bust — but the Senate is trying to dump a $33.7 billion bailout in its lap anyway. Against the Postal Service’s wishes. Postmaster General Patrick Donahoe did something brave last year: He tried to bring USPS into the age of instant electronic  ... MORE