Not on the Bailout Bandwagon

Posted on by Larry Riggs

Looks like everybody wants for a handout from the federal government these days whether they deserve it or not.

A week or two ago, a group of 46 mailers labor unions and postal groups petitioned Congress NOT for a bailout but for easier terms for the U.S. Postal Service to pay for the retirement costs of future postal workers, according to Bloomberg news. Those costs are estimated to run between $5.4 billion and $5.8 billion a year for the next 10 years.

Unlike banks and the automotive companies, which behave as if they

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