News for hackers. Stuff that matters.
Re:FTC sues to block Nvidia-Arm merger by batty_alex on Friday December 03, 2021 @06:46AM (#29428935)
The USPS is self-funded by those periodicals. Your taxes don’t go to USPS
Re:FTC sues to block Nvidia-Arm merger by GhettoComputers on Friday December 03, 2021 @09:25AM (#29430339)
https://www.washingtonpost.com/business/2020/04/15/postal-se...

> The agency is burdened by hundreds of billions of dollars in debt and falling revenue, and Congress and the White House have signaled an unwillingness to grant more funding without major restructuring, lawmakers say.

> The law envisioned the Postal Service as a self-sustaining agency whose revenue could cover the expenses associated with an aging workforce involved in a physical occupation: delivering packages and parcels to every address in the country.

> Not even two decades later, it can’t. The Postal Service has racked up $160.9 billion in debt from what’s owed prepaying retiree benefits. On top of that, it has many years’ worth of operating deficits, as its top revenue generators no longer covered the costs of delivering the mail.

Then why do they need bailouts? Are these bailouts self funding? What money gave them that credit when they were long unsustainable? This is an unnatural monopoly that doesn’t allow competitors and also is a failure who mostly delivers worthless physical spam you cannot escape.

Re:FTC sues to block Nvidia-Arm merger by romwell on Friday December 03, 2021 @03:58PM (#29435353)
Why? Did you ever read what your wrote?

Because unlike any other company or agency, they are required to prepay retiree benefits.

Anyway, you might be surprised to hear that our Army and Navy aren't self-sustaining. Obviously, we should cut their funding and see how they manage to make their nukes pay for themselves. /s

Re:FTC sues to block Nvidia-Arm merger by GhettoComputers on Friday December 03, 2021 @08:33PM (#29437804)
No company has a 401k? I’m sure we’ll be fine without forced physical spam going paperless, or using other carriers instead of turning them into amazon’s slave and spam deliverers. The USPS already uses private carriers for remote places. I don’t get the resistance to forced spam.
Re:FTC sues to block Nvidia-Arm merger by romwell on Tuesday December 07, 2021 @03:42PM (#29477955)
>No company has a 401k?

If you don't get the difference between 401K and what the USPS was required to provide, you are deliberately obtuse, and are arguing in bad faith.

>The USPS already uses private carriers for remote places.

It's the other way around. I guess that settles the "if" in the above.