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I do. they are terrible, and underfunded. States are worse.
Posted on: August 13, 2020 at 10:45:11 CT
RHAYWORTH
MU
Posts:
47418
Member For:
16.76 yrs
Level:
User
M.O.B. Votes:
2
985 billion dollars of unfunded liability.
https://www.investopedia.com/terms/f/fers.asp
Note that the unfunded is only going to rise in the future.
Still, it's nice the feds made sure their pensions won't run out before SS does.
Please explain why this message is being reported.
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MESSAGE THREAD
So wait, it's now voter suppression if the USPS isn't
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Sal
MU
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8/13 10:10:57
The USPS is a mess for many reasons
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meatiger
MU
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8/13 10:50:46
correct, gov't bureaucracy kills all efficiency (nm)
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Sal
MU
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8/13 11:08:16
my issue is that everyone blames the USPS
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meatiger
MU
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8/13 11:13:48
Of course they aren't independent
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Sal
MU
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8/13 11:18:40
It is interesting that the Park service
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meatiger
MU
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8/13 11:47:34
Interesting how UPS and Fedex got CARES act money but USPS
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SparkyStalcup
MU
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8/13 10:16:13
The USPS gets bailed out every year
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Spanky
KU
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8/13 10:32:30
Because of the 75 year prefund requirement. Again, throw
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SparkyStalcup
MU
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8/13 10:46:22
Tax exempt organization(nm)
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Spanky
KU
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8/13 11:33:56
The Dems throw their own anchors
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meatiger
MU
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8/13 10:51:40
Lots of GOP like the post office also, since they primarily
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SparkyStalcup
MU
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8/13 10:54:25
I use USPS once a year - for Christmas cards (nm)
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mizzouSECedes
STL
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8/13 11:15:43
Because the usps is an absolute failure.
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RHAYWORTH
MU
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8/13 10:27:34
Hey now. I like receiving useless junk mail 6 days a week. (nm)
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Lerxst
MU
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8/13 11:19:02
USPS should be cut
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kmawv8
MU
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8/13 10:28:34
I bet there's a few shares of Fedex in cheeto's mutual funds
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dangertim
MU
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8/13 10:25:07
lol oh no(nm)
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Ragnar Danneskjold
MU
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8/13 10:17:22
Have you thought this post through? (nm)
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Sal
MU
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8/13 10:16:46
Yep. USPS is in trouble only because of the 75 year prefund
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SparkyStalcup
MU
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8/13 10:20:51
Good idea, eliminate the one govt fully funded pension.
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RHAYWORTH
MU
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8/13 10:28:22
Spoken like someone who doesn't know jack about federal
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SparkyStalcup
MU
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8/13 10:38:37
I do. they are terrible, and underfunded. States are worse.
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RHAYWORTH
MU
-
8/13 10:45:11
Nice Wikipedia, but only CSRS had any issues, and it now
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SparkyStalcup
MU
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8/13 10:52:15
two socialists arguing over stolen money. cute (nm)
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pickle
MU
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8/13 11:05:18
Idiot who wants anarchists arguing over his dead corpse.
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RHAYWORTH
MU
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8/13 12:25:22
"It's their fault"
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kmawv8
MU
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8/13 10:12:08
Congress shouldn't have required USPS to prefund 75 yrs
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SparkyStalcup
MU
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8/13 10:18:29
you're finally catching on
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Sal
MU
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8/13 10:19:49
No no no. This like saying to Usain Bolt, here, carry this
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SparkyStalcup
MU
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8/13 10:23:59
No, it's not like that at all
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Sal
MU
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8/13 10:25:27
You put an anchor around the USPS in 2006, and then
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SparkyStalcup
MU
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8/13 10:29:20
lol it's not a party line issue
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Sal
MU
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8/13 10:30:56
The USPS has run on its own for 50 years. They technically
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SparkyStalcup
MU
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8/13 10:42:51
Yes, gov't is inefficient (nm)
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Sal
MU
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8/13 10:43:59
he defends all govt, except department of defense, that way.
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RHAYWORTH
MU
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8/13 10:32:38
I agree with you, government can't run anything right
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kmawv8
MU
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8/13 10:26:32
I know he's not saying that
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Sal
MU
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8/13 10:33:20
Its only a party line issue because one party wants to kill
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SparkyStalcup
MU
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8/13 10:45:02
lol (nm)
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Sal
MU
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8/13 11:07:34
Well, in this discussion he was pointing to one specific
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kmawv8
MU
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8/13 10:35:32
It's a party line issue for him
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Sal
MU
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8/13 10:36:48
Sparky wants to eliminate one rule, keep all govt benefits.
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RHAYWORTH
MU
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8/13 10:30:36