USPS Shutdown

[Opsamk]

Any ideas what this could do to bitcoin?

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[ineededausername]

Any ideas what this could do to bitcoin?

you send your bitcoins via time capsule?

and here i am transferring them instantly over the net like a sucker.

fix'd

[Minsc]

Not instant.  Takes hours.

[Opsamk]

Some people here have no choice but to use money orders and sometimes mail cash. And a lot of people here use USPS to mail products cheaply.

[pekv2]

I was worried about this. But a while ago they said it was suppose to shutdown, it didn't. Hopefully it doesn't, as I use USPS quite often "used it once to mail off an item to a forum member here", it will be more of a challenge to use UPS rather than USPS for my area. I've never had a problem with either but USPS rocks.

It'll most likely have an impact on bitcoin quite a bit.

[Opsamk]

Well this time it looks like a dire situation. Since congress can't decide on anything, it looks like USPS is stuck on a sinking boat.

[Meatball]

80% of the USPS costs is in Labor, and you know why?  The labor union at the USPS had a "No Layoff" clause written into their contract.  That's just idiotic. 

[pekv2]

They say it could shutdown sometime during winter.   That sux if they cannot get the $5.5 billion payment due this month for retirees.

Bush f*&^%$ this country up and drained it. Obama comes in, everybody blames Obama for the shit. How stupid could one be?

[Meatball]

Eh, whatever, it's just as much Obama's fault as it is Bush's.  All the politicians are a bunch of scheisters and Obama claiming he 'inherited' all this is getting a little bit old.  He had two years that he could pass whatever he wanted, and he did.  It didn't work.  He needs to man up and take the blame instead of crying that it was someone else's fault.

[Mistafreeze]

They say it could shutdown sometime during winter.   That sux if they cannot get the $5.5 billion payment due this month for retirees.

Bush f*&^%$ this country up and drained it. Obama comes in, everybody blames Obama for the shit. How stupid could one be?

You really might want to get your information on your own rather than being spoon-fed from the media and talking points. This isn't Bush or Obama, it started decades ago and nobody stepped in to stop it. And before you say Clinton had a surplus....no, he didn't. Again, to recent....much, much, much further back.

[pekv2]

Only took 8 years for Bush to drain it. Obama is going on 1 full term, shy of a few months, I doubt anyone could fix the problem in 1 term.

[Mistafreeze]

Only took 8 years for Bush to drain it. Obama is going on 1 full term, shy of a few months, I doubt anyone could fix the problem in 1 term.

Please tell me you don't vote. If you can't even look up what it is you're complaining about you shouldn't open your mouth. The one thing that seems to be getting missed by certain people is that you can't reduce debt by spending more money. During Bush' presidency, the debt went from $5.768 trillion to $10.626 trillion. ($607 billion/ year). During the first 2 1/2 years of Obama, it's gone up to $14.071 trillion ($1.723 trillion per year). I wouldn't be using Bush's debt as a talking point anymore. Congress has been controlled by the left since 2006. Guess who spends the money. Oops.

Obama can't fix this because his ideology is getting in the way. Get the government out of the private sector, stop paying people to sit at home and pop out 67 kids, and put time limits on welfare....guess what would happen? Instead, we need a healthcare bill that will further hurt the economy and bring DOWN the standard of care in this country. We fight for the Dream Act to send the children of illegals to college with tax payer money. Amnesty. Great idea there. And don't forget stopping gays from getting married. Holy fuck, that might cause....I'm not even sure what the fear is over this. Why other people are so concerned with the places others are putting their dicks is beyond me. The liberal mindset does not work in reality. While we would all love for everybody to have the exact same amount of everything, everybody to have a home, everybody to drive a Bentley, it can't happen. Guess what sunshine, less than half of the population of the US works for a living. It's simple math that they can't pay for the rest of the country to sit on their asses. How is this so complicated?

This isn't a problem with the left or the right, it's all of them. The corruption is running rampant, and you are one of the sheep that keeps feeding the monster.

The only way to fix the economy is to get the government out of the way. More regulation and more federal spending will only drive us further in. It doesn't take an economist to see that.

Look at the USPS, EPA, Dept. of Education, FEMA, etc for example. Anything the federal government is involved in turns into an over-regulated bureaucratic disaster.

[pekv2]

Please tell me you don't vote. If you can't even look up what it is you're complaining about you shouldn't open your mouth.

o.o I stopped reading at the second sentence, could you be more ignorant please?

[Jixtreme]

Yay, Politics.

Here's the final word: everyone in Washington is a douchebag, now STFU.

Keep politics out of the Bitcoin Forums, plz. Or at least the Speculation thread.

[Mistafreeze]

Please tell me you don't vote. If you can't even look up what it is you're complaining about you shouldn't open your mouth.

o.o I stopped reading at the second sentence, could you be more ignorant please?

I'm shocked :|

[hmongotaku]

instead of bankruptcy.. they should kick the retirees with the "no free rides"... and also mandate a "workload" per pay check incentive. Maybe kick the union out and lower wages like those of public servants. 

[legolouman]

Only took 8 years for Bush to drain it. Obama is going on 1 full term, shy of a few months, I doubt anyone could fix the problem in 1 term.

Please tell me you don't vote. If you can't even look up what it is you're complaining about you shouldn't open your mouth. The one thing that seems to be getting missed by certain people is that you can't reduce debt by spending more money. During Bush' presidency, the debt went from $5.768 trillion to $10.626 trillion. ($607 billion/ year). During the first 2 1/2 years of Obama, it's gone up to $14.071 trillion ($1.723 trillion per year). I wouldn't be using Bush's debt as a talking point anymore. Congress has been controlled by the left since 2006. Guess who spends the money. Oops.

Obama can't fix this because his ideology is getting in the way. Get the government out of the private sector, stop paying people to sit at home and pop out 67 kids, and put time limits on welfare....guess what would happen? Instead, we need a healthcare bill that will further hurt the economy and bring DOWN the standard of care in this country. We fight for the Dream Act to send the children of illegals to college with tax payer money. Amnesty. Great idea there. And don't forget stopping gays from getting married. Holy fuck, that might cause....I'm not even sure what the fear is over this. Why other people are so concerned with the places others are putting their dicks is beyond me. The liberal mindset does not work in reality. While we would all love for everybody to have the exact same amount of everything, everybody to have a home, everybody to drive a Bentley, it can't happen. Guess what sunshine, less than half of the population of the US works for a living. It's simple math that they can't pay for the rest of the country to sit on their asses. How is this so complicated?

This isn't a problem with the left or the right, it's all of them. The corruption is running rampant, and you are one of the sheep that keeps feeding the monster.

The only way to fix the economy is to get the government out of the way. More regulation and more federal spending will only drive us further in. It doesn't take an economist to see that.

Look at the USPS, EPA, Dept. of Education, FEMA, etc for example. Anything the federal government is involved in turns into an over-regulated bureaucratic disaster.

You couldn't have said it better. Join us, and together we will rule the galaxy. Well not really, but you should consider yourself Anonymous.

[Serge]

what stops someone like UPS or FedEx step up and buy it off, re-organize, optimize and continue on?

Postal service is widely used and will be on for quite some time.  What's inconvenient is going to a postal office, most of the time than not you have to wait in line for simple things like buying stamps or getting labels for your package and waiting in line can take some time. Postal offices need to improve on their customer service, automate most of simple tasks like weighting and printing label or a stamp on a package or envelope

[makomk]

Please tell me you don't vote. If you can't even look up what it is you're complaining about you shouldn't open your mouth. The one thing that seems to be getting missed by certain people is that you can't reduce debt by spending more money.

This is fairly obviously false. For example, suppose you're unemployed and are offered a job paying $40,000/year, but in order to take the job you need to borrow money to buy a car. The same can be true at the national level; if spending more money increases tax income by more than the amount spent in the long run it helps to reduce the national debt.

[Raize]

USPS is how I got my yubikey. If it goes down I'm not sure how I'm going to get all my tech gadgets direct from China anymore.