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US Post Office on the brink of default

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Delivery failure

We seem to hear this story on an annual basis, but this time they sound like they mean it. The United States Postal Service is teetering on the brink of financial collapse, with a $5.5 billion payment to retirees coming due which they can’t cover and a grand total of $9.2B in red ink for [...]

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Jazz Shaw 05 Sep, 2011


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Source: http://hotair.com/archives/2011/09/05/us-post-office-on-the-brink-of-default/
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