Quote Originally Posted by pomtzu View Post
Exactly!! ! I'm a "rural person" and you have hit the nail on the head. My SS is a direct deposit, and if it wasn't and got delivered on a Saturday, I wouldn't be able to cash/deposit it till Monday anyway. And meds by mail - yes - order a few days ahead if that is an issue.

I do all of my bill pay and banking electronically. Not only does it save me writing a check and paying postage, but IMO it is more secure than USPS. I have also gone paperless on EVERYTHING. Not only does it cut down on the paper that I have to shred, but it also eliminates the chance of it getting delivered to the wrong address. Yes - it does happen. If I get other people's mail on occasion - then I'm positive some of mine is ending up in the wrong mailbox. I don't need my banking or credit card statements in anyone's hands but my own! If my postal carrier wants to deliver my junk mail to the wrong address, then that's fine with me.

So I'm another that thinks eliminating Saturday delivery is a good idea. Sorry, LH...........

To those of you who think the USPS is losing money in the same way a business loses money, you're wrong.

The issue is simple, as stated above, the USPS has been required by Congress to make 75 years worth of financial obligations paid in advance in 10 years.

To put this in a manner that most people can understand, if you have a 30 year mortgage, and one year into the mortgage the company sent you a letter stating that they were unilaterally changing the terms of the mortgage and you were now required to make payments on a 5 year mortgage, would you be able to make those payments? Probably not.

Take the same situation, and you call the bank and say "okay, I can do that, but you're going to need to move money from a different account to pay the mortgage", and the bank says "no, you can't, we need that money, it's unavailable", would you be able to survive financially?

The USPS has between 50 to 90 billion in overpayments in various retiree accounts (GAO, 2 independent audits). Congress refuses to return that money.

The USPS has actually turned a profit over the last 5 years, minus the prepayment requirements.

Take a break from listening to what the media is putting out, and look at the audit results. They don't mesh.

The propaganda doesn't meet the reality various accountants have found.

As to the security of the mail? When was the last time a check in an envelope was hacked? There are major hacks constantly. The worst thing that might happen to a mailed check is it gets torn in the machine, and either returned to the sender or sent to the recipient with a note stating what happened.

You may not have a bank available on Saturday, Pom, but even out here in the sticks I dont have to drive far to find a bank branch open on saturday, and the local grocery store is more than willing to cash a SS check.

Compared to the amount of mail handled, the amount of mis-delivered mail is tiny, almost statistically insignificant, and is normally intercepted by the carrier before delivery.

Again, take a break from reading the propoganda and read the audits.