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Mar 25, 2009 14:55

Even the post office seeks to become a government owned institution! Oh wait.

Call for help: Postal chief says agency crashing

WASHINGTON - The financially strapped U.S. Postal Service will run out of money this year without help from Congress, Postmaster General John Potter warned on Wednesday. "We are facing losses of historic proportion. Our situation is critical," Potter told a House subcommittee.

The agency lost $2.8 billion last year and is looking at much larger losses this year said Potter, who is seeking congressional permission to reduce mail delivery from six days to five days a week.

Go ahead and cut off Saturday delivery; what the hell good is it anyway?
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