to charge Amazon and other big e-commerce retailers more to ship packages, claiming USPS was losing money on packages delivered for them.Wednesday, Postmaster General Louis DeJoy said the loan will “delay the approaching liquidity crisis,” adding that the Postal Service still “remains on an unstable path” and they will continue to work to put it on a “trajectory for long-term financial stability.”
Since starting his role in mid-June, DeJoy—a political donor to Trump—has made major operational changes that could slow down mail delivery, including telling letter carriers to leave mail behind at distribution centers if it arrives late and returning to pick them up would delay them from their routes, according to aMany Trump critics worry that a politicized Postal Service could create election chaos this year, when more mail-in ballots will be in use—as awarned Wednesday: “[Trump’s]...
Source: Loan Digest (loandigest.net)
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U.S. Treasury makes $10 billion loan available to postal service as part of coronavirus reliefThe U.S. Treasury said on Wednesday it has reached a deal with the U.S. Postal Service on the conditions of a loan of up to $10 billion that was included in recent coronavirus relief legislation. Somehow trump will get $100M to upgrade his outdated mailbox at a Maro Lago. “While the USPS is able to fund its operating expenses without additional borrowing at this time, ' '...saddled by a large pension and healthcare burden' 'an obligation virtually no other government entities face.' Why the heck are we saddling the USPS with more debt instead of funding it properly? Do we lend money to the damned penragon?
Source: Reuters - 🏆 2. / 97 Read more »
Woman filmed using anti-Asian slur against postal workerThe U.S. Postal Service is condemning the actions of a white customer who was filmed shouting slurs at an Asian American employee at a California post office. This makes me so mad as a postal worker. I love the blacks and the Asians at my PO just as much as the whites! ban that hoe for 25 years....boom ''Trump is going to f*** you,' Michael Lofthouse—San Francisco Tech CEO—said to an Asian American family.' & that's why the remaining Trump-supporters will never abandon him. He hurts the people who they want to see get hurt & that means more to them than we can even understand.
Source: ABC - 🏆 471. / 51 Read more »
This Bumbling New Start-Up Helps Conservative Websites Store User Names, Postal Addresses of Anonymous ReadersRecently, Jezebel received a curious email from someone who identified themselves as a co-founder of GetEmails.com, “an all new audience growth tool for publishers.” The technology, we were told, could identify anonymous visitors to a website by providing publications like us with the names, email address, and, incredibly, home addresses of over a third of the people who were reading our stuff on any given day.\n
Source: Jezebel - 🏆 153. / 63 Read more »
U.S. Treasury makes $10 billion loan available to postal service as part of coronavirus reliefThe U.S. Treasury said on Wednesday it has reached a deal with the U.S. Postal Service on the conditions of a loan of up to $10 billion that was included in recent coronavirus relief legislation. Somehow trump will get $100M to upgrade his outdated mailbox at a Maro Lago. “While the USPS is able to fund its operating expenses without additional borrowing at this time, ' '...saddled by a large pension and healthcare burden' 'an obligation virtually no other government entities face.' Why the heck are we saddling the USPS with more debt instead of funding it properly? Do we lend money to the damned penragon?
Source: Reuters - 🏆 2. / 97 Read more »
Senate Republicans back $10 billion in additional aid for U.S. airports: documentU.S. Senate Republicans on Monday backed an additional $10 billion in assistance for airports that face a dramatic shortfall in revenue because of a travel falloff due to the coronavirus. poll Good job by the Senate? And no money for the motor coach industry. Without the buses, hard for groups to get anywhere, evacuations to take place, or troops to be moved. 10 billion for airports. Nothing for every day Americans.
Source: Reuters - 🏆 2. / 97 Read more »
Senate GOP coronavirus relief package includes $1.75 billion for new FBI headquarters near Trump hotelSenate Republicans on Tuesday continued to distance themselves from a proposal to fund the construction of a new FBI headquarters in their $1 trillion coronavirus relief package, an unrelated provision pushed by President Donald Trump and criticized by Democrats, who claim the effort is aimed at protecting
Source: YahooNews - 🏆 380. / 59 Read more »