Trump looks to privatize the Post Office

Good idea

 

I still have a lot of customers who want paper invoices mailed to them monthly. I eat the 52 cents or whatever it is now. Gonna be fun when I have to start charging them back for postage.


But I also chalk this up to another thing that will never happen.

 

you’re dipping into the gatorjo level of reasoning.

 

When they have to sell off all the little postal trucks I'm gonna buy a few for the shits but mostly for the giggles.

 

need to privatize marriage too. so dumb to have gov involved.

 

Seriously? As if corruption doesn’t happen in govt services? Look at Venezuela.

 

Here’s a way to avoid corruption. Just disband the USPS. No need to privatize

 

This has Elon written all over it. Self driving delivery vessels with mail dispensing robots. Automated end to end. Sole sourced to Musk

 

If they privatize it, rural Americans may have to travel to get their post.

 

It takes him a few extra days to respond…

 

Yes, seriously. Do you you have confidence that Trump privatizing the post office isnt going to involve corruption? Like I said, corruption is their brand.

 

I partially agree and partially disagree.

Disagree; this is a pretty bad idea, unless it's accepted that there will be a dramatic reduction in services, particularly for the most "difficult to reach."

Agree; there's a very valid reason to think that every business idea of Trump's is wrong. Not because "Orange Man Bad". but because "Orange Man is an Incompetent who Bankrupts Every Business he Touches." Seriously - casinos, airlines, sports teams, fake universities, steak companies, water, most of his properties.......

......almost everything Trump has touched has died. Almost every business Trump started failed. He just was able to con the banks that there was the slightest chance he could bail out their loans to him that he fraudulently applied for. The only things he's ever been successful at are money laundering for Russians, pretending to be a successful businessman on TV, and conning and defrauding banks. In a business sense, that is. He's succeeded at conning rubes politically, of course.

So yeah - Trump likes it? Probably a pretty bad idea.

 

I think you could look at various countries selling off state assets and see how this works in practice. But hey, maybe the person with the best bid and business model would win instead of the guy with the best connections to the government selling it off!

 

Budgeting is one thing that really grinds my gears. I get it to some degree. If we have surplus budget at the end of the FY, there’s always talk about cutting it next year. Thing is, sometimes we just don’t need the extra cash. We may be using existing contracts for research. We may be focused more on inspection and improving regulation. Sometimes we do need it to execute our mission. A lot stems from poor planning and political interference around elections.

Budgeting can only be done properly if both parties operate in good faith. I get the PTSD with the Feds, but it doesn’t help.

I’m unfamiliar with the USPS bonus structure, but it must be different than ours. I’ll get an EOY performance bonus, based on rating, salary, and my GS level, all dependent on if we even have the cash to pay them. None of my bonuses are even in the same magnitude of what I earned at Schlumberger. When I was working in the Marcellus, something like 30% of my take home was from bonuses. Now? It’s like 1-2%.

 

no, we see orange man monetizing the assets of the us gubmnt to his select friends and associates, similar to the way the bibles in oklahoma spec was written so his was the only one that met it and to how Putin gave the Russian assets to the oligarchs that he demands duty from.

we do not trust a convicted felon and his billionaire friends to do what is int he best interest of the citizens of the usa. this is the same way the desi has grifted the state treasury to reward sole source contracts (refugee flights and many many more) regardless of the law.

do you trust that the selected contractor will nto engage in fraud to repay djt and his multiple business enterprises? maybe be like China paid rent tens of thousands of SF in a prime rate in a trump tower and leave it sitting empty until his term was over and then they broke the lease

why would we trust this guy and his picks to privatize anything? shirley you jest

China Paid Trump Millions In Rent. Then He Left The White House

During the four years that Donald Trump occupied the White House, the state-owned Industrial and Commercial Bank of China paid him an estimated $7 million to rent space in Trump Tower. Despite the extraordinary circumstances of the deal—involving the government of China, the president of the United States, and millions of dollars—the Trump family portrayed the agreement as a standard business transaction. Previously unreported documents call that characterization into question.

Lending records show that that the Chinese bank abandoned Trump Tower around the time Trump left the White House. The bank’s departure seemed to come suddenly, in the first half of 2021 and less than two years after the bank exercised what Eric Trump, the former president’s son, described as a five-year extension. It’s hard to consider either of those developments—the lease extension or the sudden departure—without wondering whether China was trying to curry favor.
...........................
It was a lucrative deal for Trump. A 2012 debt prospectus noted that ICBC was the second-largest tenant in Trump Tower, leasing 20,000 square feet for about $1.9 million a year, paying a higher price per square foot than other office tenants in the building. “I’ll show you the Industrial Bank of China,” Trump told three Forbes journalists in 2015, when he was leading polls for the Republican presidential nomination—and still keeping a close eye on his business. “I have the best tenants in the world in this building.”

Three years later, ICBC signed a new deal to lease space in a non-Trump building on Sixth Avenue, securing 99,000 square feet, or roughly five times its footprint at Trump Tower. With ICBC’s lease set to expire in 2019, according to the prospectus, it would have made sense if the bank departed Trump’s building at that point. But the Trump Tower lease was no longer a typical business deal. Trump was in the White House, waging a massive trade war with China. The roughly $2 million of annual Trump Tower rent had turned into a constitutional concern, given that the Emoluments Clause prohibits the president from accepting various benefits from foreign governments. The deal had also become a strange example of collaboration between China and the United States, one that America’s adversary had reason to maintain while it continued to negotiate far more consequential matters.

ICBC ended up staying in Trump Tower. Weeks before the bank’s lease had been set to expire, Eric Trump explained on stage at a conference that the bank was keeping a couple of floors, noting that its lease had come with two five-year options to renew. The younger Trump ignored questions about why the bank would need the space, given that it had just signed a much-bigger lease in the same neighborhood. “I don’t think there is anybody that has been tougher on China in the world than my father,” he said.

 

you win the internet today

 

Great and informative post. In trump’s 2nd term he is surrounding himself with sycophantic quislings who compete for who will be the most sycophantic quisling, it will be the same only more so.