Month: October 2011

1. It is not always the job of people shouting outside impressive buildings to solve problems. It is often the job of the people inside, who have paper, pens, desks, and an impressive view.

Thirteen Observations Made by Lemony Snicket While Watching Occupy Wall Street From a Discreet Distance

There’s a long and a short story to the tragic tale of Postal Service financial trouble. I’ll start with the short one. Right now, the Postal Service is being forced to pre-pay health benefits for the next 75 years during a 10-year stretch. In the past four years, those prepayments have totaled $21 billion. The agency’s deficit during that time is about $20 billion. Remove these crazy pre-payments — a requirement that no other government agency endures and no private industry would even consider — and the Postal Service would be in the black.

Red Tape – Twisted government accounting behind Postal Service woes