Artemesia on Nostr: nprofile1q…e2ryr The point of their desire to privatize the USPS is to liquidate ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqv2sycpx32th4h4aude3jq4g0kgj0p2t5062059l0fx0vcn8njs8sae2ryr (nprofile…2ryr)
The point of their desire to privatize the USPS is to liquidate USPS' wildly overfunded pension. By congressional order, USPS was pre-funding the pension plan to rediculous levels, even funding it for people who have not been born yet. There's $40 billion in there that could disappear into private equity, and you can buy an awful lot of congresscritter for just 1% of that amount.
The point of their desire to privatize the USPS is to liquidate USPS' wildly overfunded pension. By congressional order, USPS was pre-funding the pension plan to rediculous levels, even funding it for people who have not been born yet. There's $40 billion in there that could disappear into private equity, and you can buy an awful lot of congresscritter for just 1% of that amount.