boutons_deux
08-02-2020, 12:31 PM
Lawmakers Warn 'Onerous' New USPS Loan Terms Imposed by Mnuchin
'Could Accelerate Demise of Postal Service'
an emergency loan agreement announced (https://home.treasury.gov/news/press-releases/sm1071) Wednesday by Treasury Secretary Steve Mnuchin and new Postmaster General
Louis DeJoy—a major donor to President Donald Trump and the GOP
—could "accelerate the demise of the Postal Service" by
giving the administration unprecedented access to the popular agency's internal operations.
the USPS will gain access to $10 billion in emergency funding approved by Congress back in March provided that
the agency adheres to a number of requirements, including
providing the Trump administration with
"historical and protected business, financial, operational, contractual, and planning data
that Treasury may determine is necessary to evaluate USPS's current and future financial condition." :lol
also requires USPS to give the Treasury Department
access to proprietary information about the Postal Service's private-sector shipping contracts (https://www.washingtonpost.com/business/2020/07/29/postal-service-treasury-loan/) and
bars the agency from accessing the emergency funds if its "cash balance exceeds $8 billion."
"would inappropriately insert the Treasury into the internal operations of the Postal Service."
"These terms would severely limit the Postal Service's access to capital and
could accelerate the demise of the Postal Service that
all Americans, especially seniors, small businesses, veterans, and those living in rural communities, rely upon every day, especially during the pandemic,"
DeJoy continues to rush ahead with sweeping operational changes at the USPS
that postal workers believe (https://theintercept.com/2020/07/29/usps-postal-service-privatization/) are part of a deliberate effort to sabotage the beloved government institution and put it
on a path toward privatization—a longtime goal of the conservative movement.
USPS leadership launched a pilot program that could result in
significant delays in mail delivery by barring postal workers from sorting packages during their morning operations.
In Portland, Maine,
letter carriers allege (https://www.commondreams.org/news/2020/07/22/maine-letter-carriers-allege-usps-leadership-willfully-delaying-mail-sabotage-postal) they are being instructed to delay first-class parcels in order to prioritize Amazon packages.
"The Trump administration is on record for raising prices, reducing service, and reducing workers' rights and benefits."
"post offices around the country are slashing their hours—including during the busiest times of day—with little notice as yet another abrupt cost-saving measure" implemented by
DeJoy, previously the CEO of New Breed Logistics, a private firm with a history of union-busting activity.
"All of the changes Motherboard has reviewed were announced only by signs hanging on the post office doors."
DeJoy's cost-cutting measures (https://www.commondreams.org/news/2020/07/15/attempted-murder-your-post-office-outrage-trump-crony-now-heading-usps-moves-slow) also threaten
to disrupt upcoming elections
as an record number of Americans turn to vote-by-mail as the safest way to cast their ballots amid the pandemic.
"The Trump administration's attempts
to politicize, privatize, and gut USPS
in the middle of a pandemic and unprecedented vote-by-mail is
one of the biggest scandals in American politics right now,"
"the electoral implications for the destruction of the Postal Service are momentous."
"If it is forced to curtail its service," Pascrell wrote,
"our ability to hold a national election could be obliterated."
https://www.commondreams.org/news/2020/07/30/lawmakers-warn-onerous-new-usps-loan-terms-imposed-mnuchin-could-accelerate-demise?cd-origin=rss&utm_term=AO&utm_campaign=Weekly%20Newsletter&utm_content=email&utm_source=Weekly%20Newsletter&utm_medium=Email
And where are the feckless, dickless, spineless, gutless Dems?
'Could Accelerate Demise of Postal Service'
an emergency loan agreement announced (https://home.treasury.gov/news/press-releases/sm1071) Wednesday by Treasury Secretary Steve Mnuchin and new Postmaster General
Louis DeJoy—a major donor to President Donald Trump and the GOP
—could "accelerate the demise of the Postal Service" by
giving the administration unprecedented access to the popular agency's internal operations.
the USPS will gain access to $10 billion in emergency funding approved by Congress back in March provided that
the agency adheres to a number of requirements, including
providing the Trump administration with
"historical and protected business, financial, operational, contractual, and planning data
that Treasury may determine is necessary to evaluate USPS's current and future financial condition." :lol
also requires USPS to give the Treasury Department
access to proprietary information about the Postal Service's private-sector shipping contracts (https://www.washingtonpost.com/business/2020/07/29/postal-service-treasury-loan/) and
bars the agency from accessing the emergency funds if its "cash balance exceeds $8 billion."
"would inappropriately insert the Treasury into the internal operations of the Postal Service."
"These terms would severely limit the Postal Service's access to capital and
could accelerate the demise of the Postal Service that
all Americans, especially seniors, small businesses, veterans, and those living in rural communities, rely upon every day, especially during the pandemic,"
DeJoy continues to rush ahead with sweeping operational changes at the USPS
that postal workers believe (https://theintercept.com/2020/07/29/usps-postal-service-privatization/) are part of a deliberate effort to sabotage the beloved government institution and put it
on a path toward privatization—a longtime goal of the conservative movement.
USPS leadership launched a pilot program that could result in
significant delays in mail delivery by barring postal workers from sorting packages during their morning operations.
In Portland, Maine,
letter carriers allege (https://www.commondreams.org/news/2020/07/22/maine-letter-carriers-allege-usps-leadership-willfully-delaying-mail-sabotage-postal) they are being instructed to delay first-class parcels in order to prioritize Amazon packages.
"The Trump administration is on record for raising prices, reducing service, and reducing workers' rights and benefits."
"post offices around the country are slashing their hours—including during the busiest times of day—with little notice as yet another abrupt cost-saving measure" implemented by
DeJoy, previously the CEO of New Breed Logistics, a private firm with a history of union-busting activity.
"All of the changes Motherboard has reviewed were announced only by signs hanging on the post office doors."
DeJoy's cost-cutting measures (https://www.commondreams.org/news/2020/07/15/attempted-murder-your-post-office-outrage-trump-crony-now-heading-usps-moves-slow) also threaten
to disrupt upcoming elections
as an record number of Americans turn to vote-by-mail as the safest way to cast their ballots amid the pandemic.
"The Trump administration's attempts
to politicize, privatize, and gut USPS
in the middle of a pandemic and unprecedented vote-by-mail is
one of the biggest scandals in American politics right now,"
"the electoral implications for the destruction of the Postal Service are momentous."
"If it is forced to curtail its service," Pascrell wrote,
"our ability to hold a national election could be obliterated."
https://www.commondreams.org/news/2020/07/30/lawmakers-warn-onerous-new-usps-loan-terms-imposed-mnuchin-could-accelerate-demise?cd-origin=rss&utm_term=AO&utm_campaign=Weekly%20Newsletter&utm_content=email&utm_source=Weekly%20Newsletter&utm_medium=Email
And where are the feckless, dickless, spineless, gutless Dems?