Adam Magazine on the Crazy Years

Looting, killing and raping -- by twisting their words they call it "empire"; and wherever they have created a wilderness they call it "peace" -- Tacitus

Sunday, April 13

Shocker -- something the Bushies have done that is good for big business.

Mail Fraud - Here comes yet another shortsighted plan to bail out the Postal Service. By Daniel Gross In the short term, the deal to hold down rates will shift more costs onto the government. In the long term, it could set the stage for an expensive bailout of the health plan. The real beneficiaries of the legislation are those who rely on mail service most: big corporations. If USPS really had to raise revenues—if it wasn't able to arrange this $2.9 billion accounting trick—it would have to raise them on the bulk mailers who comprise the majority of its business. That's why lobbyists for the bulk mailers worked Congress hard on behalf of this bill and are delighted with the outcome. Taxpayers are giving a lovely gift to the Lands' Ends, Condé Nasts, and Capital Ones: They'll thank us by sending us more catalogs, magazines, and credit card solicitations that we don't really want.

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