Brian Moon Portland, OR, generally An unpublished (yet) writer. Contact me.
And you wonder why the Post Office is going broke.
Actually, this is a consequence of the Post Office’s financial troubles, not a cause, most of which stem from the fact that, unlike every other Federal agency, the Post Office is required to fund full pension plans for the next 75 years - for employees that not only haven’t been hired, but haven’t even been born yet. If they could access that money, they would not be in financial trouble, could hire more staff, among other moves that would make them more able to compete with private-industry delivery services like FedEx and UPS.
Imported from Last.fm Tumblr by JoeLaz
#HomeScreenMeme
These are my most-used apps. Everything else is in folders and all fits on just one more screen. I typically use Spotlight Search to launch anything not on the main screen. I only have 61 apps installed right now.
Yes, please. Time for a new Enlightenment, since the last one worked so well to separate church and state. Wait. Maybe we need to continue and complete the old one first?
Secret Fed Loans Gave Banks Undisclosed $13B
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.
Saved by the bailout, bankers lobbied against government regulations, a job made easier by the Fed, which never disclosed the details of the rescue to lawmakers even as Congress doled out more money and debated new rules aimed at preventing the next collapse.
As Wil says (from whom I got this post), this is outrageous. It gives me context for all the folks who complain about cities that choose to spend money on cops policing peaceful protests, or the “damage” to city parks caused by those protests.
As we saw in Portland, the Occupiers can police themselves and there is no violence when the robotic stormtrooper riot cops don’t show up. But banks? Banks need policing, and our government is doing a piss-poor job of it.