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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (100829)9/5/2011 9:42:49 PM
From: Jim McMannis  Read Replies (5) | Respond to of 149317
 
Dick Cheney: Hillary Clinton As President Would Have Made Different U.S.

WASHINGTON, Associated Press

huffingtonpost.com Rodham Clinton isn't president, but Dick Cheney says that if she were in the White House rather than Barack Obama, then things might be different today in the country.

Cheney isn't getting into specifics, but he does think that "perhaps she might have been easier for some of us who are critics of the president to work with."

The former vice president tells "Fox News Sunday" that it's his sense that the secretary of state is "one of the more competent members" of the Obama administration and it would be "interesting to speculate" about how she would have performed as president.

Clinton lost the 2008 Democratic nomination to Obama, who went on to beat Republican



To: bentway who wrote (100829)9/6/2011 3:49:44 PM
From: John Vosilla  Read Replies (3) | Respond to of 149317
 
Postal Service Is Nearing Default as Losses Mount

The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.

“Our situation is extremely serious,” the postmaster general, Patrick R. Donahoe, said in an interview. “If Congress doesn’t act, we will default.”

In recent weeks, Mr. Donahoe has been pushing a series of painful cost-cutting measures to erase the agency’s deficit, which will reach $9.2 billion this fiscal year. They include eliminating Saturday mail delivery, closing up to 3,700 postal locations and laying off 120,000 workers — nearly one-fifth of the agency’s work force — despite a no-layoffs clause in the unions’ contracts.

The post office’s problems stem from one hard reality: it is being squeezed on both revenue and costs.

As any computer user knows, the Internet revolution has led to people and businesses sending far less conventional mail.

At the same time, decades of contractual promises made to unionized workers, including no-layoff clauses, are increasing the post office’s costs. Labor represents 80 percent of the agency’s expenses, compared with 53 percent at United Parcel Service and 32 percent at FedEx, its two biggest private competitors. Postal workers also receive more generous health benefits than most other federal employees.


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