"To what purpose are powers limited, and to what purpose is that limitation committed to writing,
if these limits may, at any time, be passed by those intended to be restrained?"
-- Chief Justice John Marshall, Marbury v. Madison, 1803

Post Haste

by Lee

Another governemntal service success story!

The U.S. Postal Service’s financial outlook is bleak and getting bleaker, according to members of Congress, a presidential commission, the General Accounting Office and postal officials themselves. It is bad enough that some federal officials are warning of a huge taxpayer bailout—or dramatic increases in postal rates—if Congress does not reorganize the $67 billion-a-year entity soon to help it operate more efficiently.

“[T]he Postal Service as an institution probably cannot survive without fundamental reform,” Sen. Susan Collins (R-Maine), chairman of the Senate Governmental Affairs Committee, said at a Capitol Hill hearing this month.

By way of contrast, private sector companies that provide similar services are booming.  UPS closed at $68.32, FedEx at $71.59.  The Post Office, which is legislatively protected from any competition, is going broke.  It’s time to let the Post Office die a long-overdue death and let private companies compete for standard mail business.  Costs will go down and service will go up.

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