Tag Archives: reverse citizens united

United Technologies: Black Hawks for Brunei & Billions from a Boondoggle

United Technologies: Black Hawks for Brunei & Billions from a Boondoggle

Doing his part to promote the ever-increasing export of aircraft and weapons to shoot them down “made in America” by our Military and Prison Industrial Complexes, last week U.S. Arms-Dealer-in-Chief Barack Hussein Bushbama wrapped up his 9-day Asia-Pacific sales trip by touting $25 billion in new orders from our “allies” in the region.  Principal beneficiaries included prison labor exploiter Boeing and other Top 10 war profiteers such as GE and United Technologies, whose Sikorsky subsidiary came away with a $325 million order for Black Hawk helicopters from the Brunei Ministry of Defense:

http://tinyurl.com/c86qujr

How a tiny Islamic sultanate of only 400,000 people can afford $325 million worth of “Death from Above” and what they plan to do with it are intriguing questions for you and I, but probably of little concern to United Technologies.  Following the money suggests that maintaining their Pratt & Whitney unit’s multi-billion dollar stake in the trillion dollar F-35 Joint Strike Fighter boondoggle takes precedence over any sales to the Sultan:

http://tinyurl.com/c874w4t

Pratt & Whitney produces the F135 engine that powers the “next generation” F-35 fighter jet, which according to a study by the Rand Corporation “can’t turn, can’t climb, can’t run”.  Beginning with a $4.8 billion development contract awarded just weeks after 9/11 gave our defense industry the keys to the Treasury, by 2010 the cost to “complete” the F135 engine was estimated at over $7.28 billion.  On top of that, earlier this year the Department of Defense (DoD) awarded Pratt & Whitney $1.13 billion for F135 engine production, and this month the U.S. Navy gave them another $75 million “to fund a set of studies on feasibility, operational readiness, cost, and implementation of the Joint Strike Fighter engines, which are already in production.  [The money is] in addition to the roughly $16 million each engine costs the government…”

http://tinyurl.com/cre3ntk

http://tinyurl.com/cxf5tfk

http://tinyurl.com/bnv9l5s

Did you catch that last part?  The Navy is paying a defense contractor $75 million to study the “feasibility, readiness and cost” of their own product!  What do you think their conclusion will be?

The insanity doesn’t end there…  Pratt & Whitney’s potential slice of the trillion dollar F-35 pie is estimated at $100 billion.  That caught the eye of GE and Rolls Royce, who teamed up to offer the “F136” as an alternative engine.  Against the Pentagon’s wishes, a Congress awash in GE payola (over $30 million in contributions since 1989, and over $245 million in lobbying since 1997) funded development of the second engine right up until last April when – in a rare display of fiscal integrity, or more likely deference to the millions United Technologies invested in lobbying and PR (e.g. F135engine.com) for its demise – the DoD pulled the plug on the secondary engine program:

http://tinyurl.com/co3u78c

http://tinyurl.com/6xavbqb

http://tinyurl.com/7mkv2zs

http://tinyurl.com/8xw8hjc

Whether that plug remains pulled is anybody’s guess, but I’d wager the madness will continue until We the People pull the plug on what is euphemistically called our “Defense Aerospace Industry”:

http://tinyurl.com/cm3uqbo

Related Image:

http://ldrlongdistancerider.com/images/BlackHawks_Brunei_Sultan_Salesman.jpg

Related Videos:

http://www.youtube.com/watch?v=8y06NSBBRtY

http://www.youtube.com/watch?v=d6G2oGHCAJ8

http://www.youtube.com/watch?v=PDC7f1LItN8

http://www.youtube.com/watch?v=iC0h0-HYGy4

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Eleven Reasons Overthrowing the Government Would Fix the Economy

Eleven Reasons Overthrowing the Government Would Fix the Economy

“With revolutions all across the Arab world, riots spreading through Europe, and the continued persistence of the economic downturn, it seems like everyone’s coming to the consensus that perhaps the situation has become so unthinkably bad that previously unthinkable solutions might be necessary.  Government solutions to catastrophic economic collapse have rarely been neat or pretty, but at least in the past they tried to do something bold and mostly succeeded – as opposed to our modern Congress who apparently can’t even agree on the fact that they are responsible enough to spend any money.”

“So how about we propose a tiny, modest, infinitesimal alteration: just overthrow the whole f’n thing and start from scratch.  After all, it’s the young, well educated millennials that are getting the hardest shaft from the downturn, and it’s the young, educated and unemployed who start revolutions.  There’s not much else that will kick off a revolution faster than grinding poverty and an excess of free time, especially when you add in upward of $100,000 in student loan debt, piled on in pursuit of what ended up being an empty promise given by baby boomers who have their healthcare paid for by the government, but pale with horror when their children demand the same.  So whether we completely re-write the Constitution (which we can totally do by the way), or violently storm the capital, here are 10 ways in which overthrowing the government would help get the economy back on its feet…”

FIND THE FIRST 10 REASONS HERE:

http://tinyurl.com/4xzzedx

THE 11TH REASON IS THIS:

The U.S. Air Force paid Lockheed Martin – the federal contractor that is first in funding, first in fraud, and principal beneficiary of the $1 trillion F-35 boondoggle that eclipsed their F-22 disaster – about 412 million taxpayer dollars each for their problem-plagued and now program-cancelled F-22 fighter jets.  With some 170 [Cr|R]aptors still “in service” – but never once used in combat anywhere in the world – that’s over 70 billion taxpayer dollars paid to Lockheed for planes that have been absolutely useless militarily.  And what did our Pentagon decide to do last week to remedy the situation?  Why, GIVE LOCKHEED MARTIN ANOTHER $7.4 BILLION to “upgrade” their grounded F-22 fleet, of course!

http://tinyurl.com/dxtzxgk

Related Image:

http://ldrlongdistancerider.com/images/Overthrow_the_Government.jpg

Related Video:

http://www.youtube.com/watch?v=KaoYz90giTk

 

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The F-35 Joint Strike Fighter: A One Trillion Dollar Boondoggle That is “Too Big to Fail”

F-35 Joint Strike Fighter: A One Trillion Dollar Boondoggle

The constitutionality of “the United States Congress Joint Select Committee on Deficit Reduction” a.k.a. “the Supercommittee” created on August 2nd by the “Budget Control Act of 2011” is a question few of our corporate-controlled politicians or media pundits have the intestinal fortitude to debate.  And we don’t have the bandwidth to address the issue here, so we leave it for now to you, the reader, to pursue:

http://tinyurl.com/6opzswr

Regardless of legitimacy, the Supercommittee is charged with issuing a recommendation for at least $1.5 trillion in deficit reduction over the next decade by this Wednesday, November 23rd.  If it fails to agree on a package or the full Congress fails to pass it, a so-called “trigger mechanism” would enact $1.2 trillion in “automatic spending cuts” which cannot be traced back to any specific Senator or Representative.  This fiction thus enables our politicians to make unpopular budget cuts without any personal accountability to their constituents or the American people as a whole.

Allegedly included in those automatic spending cuts is a $600 million reduction in defense spending – which may actually be a reduction in future increases only, and therefore not really a reduction at all.  Real or not, if those “cuts” are triggered then CIA Director turned Secretary of Defense Leon Panetta says one of the first casualties will be the F-35 Joint Strike Fighter program:

http://tinyurl.com/7g2hfta

That makes perfect sense from the perspective of those at the Pentagon and elsewhere who DON’T WANT THIS PLANE (*** watch the video series linked below ***).  In the following article published by The Atlantic, author Dominic Tierney tells the rest of this shocking tale of unbridled corporate greed, political corruption and wanton Washington waste:

[Start of The Atlantic article]

THE F-35: A WEAPON THAT COSTS MORE THAN AUSTRALIA

The U.S. will ultimately spend $1 trillion for these fighter planes. Where’s the outrage over Washington’s culture of waste?

The Lockheed Martin F-35 Lightning II is an impressive aircraft: a fifth generation multirole fighter plane with stealth technology. It’s also a symbol of everything that’s wrong with defense spending in America.  In a rational world, U.S. military expenditure would focus on the likely threats that the United States faces today and in the future.  And at a time of mounting national debt, the Tea Party would be knocking down the Pentagon’s door to cut waste.  But the only tea party in sight is the one overseen by the Mad Hatter, as we head down the rabbit hole into the military industrial wonderland.

The F-35 is designed to be the core tactical fighter aircraft for the U.S. military, with three versions for the Air Force, Navy, and the Marine Corps.  Each plane clocks in at around $90 million.  In a decade’s time, the United States plans to have 15 times as many modern fighters as China, and 20 times as many as Russia.

So, how many F-35s do we need?  100?  500?  Washington intends to buy 2,443, at a price tag of $382 billion.  Add in the $650 billion that the Government Accountability Office estimates is needed to operate and maintain the aircraft, and the total cost reaches a staggering $1 trillion.  In other words, we’re spending more on this plane than Australia’s entire GDP ($924 billion).

The F-35 is the most expensive defense program in history, and reveals massive cost overruns, a lack of clear strategic thought, and a culture in Washington that encourages incredible waste.  Money is pouring into the F-35 vortex.  In 2010, Pentagon officials found that the cost of each plane had soared by over 50 percent above the original projections.  The program has fallen years behind schedule, causing billions of dollars of additional expense, and won’t be ready until 2016.  An internal Pentagon report concluded that: “affordability is no longer embraced as a core pillar.”  In January 2011, even Defense Secretary Robert Gates, a champion of the aircraft, voiced his frustration: “The culture of endless money that has taken hold must be replaced by a culture of restraint.”

The F-35 is meant to be the future of U.S. tactical airpower, but the program harks back to the Cold War, when we faced an aggressive great power rival.  The world has changed.  The odds of great power war have declined dramatically.  We still need a deterrent capacity against China and Russia, but how much is enough?  In a decade’s time, the United States plans to have 15 times as many modern fighters as China, and 20 times as many as Russia.  Meanwhile, new challenges and threats have emerged.  We should be focusing our military spending on the types of campaigns that we’re actually likely to face: complex asymmetric wars against weaker opponents, where manpower and intelligence are critical.

And it’s hard to square the military largesse with our rampant debt.  Republicans want to slash billions from programs like early education, in Representative Jeb Hensarling’s words, to “save our children from bankruptcy.”  So where is the outrage at the F-35’s outlandish cost?

Some just don’t seem to care.  When it comes to defense, Republicans are the champions of big government and massive expenditure.  The F-35 is too big to fail.  At the same time, many Democrats keep quiet for fear of looking weak on defense – unless, like Senator Bernie Sanders, they’re from Vermont.  Other politicians are bought off with pork.  Defense suppliers are spread throughout dozens of states, giving everyone a reason to look the other way.

Any serious effort to balance the federal budget will require significant cuts in defense spending.  And the F-35 is a prime target.  The 2010 bipartisan Bowles-Simpson Commission on deficit reduction suggested canceling the Marine Corps’s version of the F-35, and halving the number of F-35s for the Air Force and Navy – replacing them with current generation F-16s, which cost one-third as much.  This would save close to $30 billion from 2011 to 2015.  The plan went nowhere.

We used to be content to outspend Australia on aircraft.  Now we literally spend Australia on aircraft.

[End of The Atlantic article]

http://tinyurl.com/4du5ftc

Related Images:

http://ldrlongdistancerider.com/images/F-35_JSF_JointStrikeFighter_Trillion_Dollar_Boondoggle.jpg

Related Videos:

http://www.youtube.com/watch?v=UQB4W8C0rZI

http://www.youtube.com/watch?v=8kssZua8MVc

http://www.youtube.com/watch?v=nh2Gnxa_fTw

http://www.youtube.com/watch?v=BhGIglwmFB8

http://www.youtube.com/watch?v=TS7O14nzrzE

http://www.youtube.com/watch?v=IAHU7AVmPx4

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Good Will Hunting Warned Us About Corporate Greed and the Rising Kleptocracy Years Ago

NSA, National Security Agency, Now Spying on Americans

In his job interview at the NSA (‘N’ow ‘S’pying on ‘A’mericans), “Good Will Hunting” warned us about corporate greed and the rising Kleptocracy, and everything Matt Damon said back in 1997 applies equally if not more so today.  In under three minutes, here’s a big part of what’s wrong with America:

http://www.youtube.com/watch?v=UrOZllbNarw

If you can’t view the video, or if he’s talking too fast for you to follow, here’s the transcript:

NSA Interview

WILL
So, why do you think I should work for the National Security Agency?

NSA AGENT
Well, you’d be working on the cutting edge. You’d be exposed to the kind of technology that you wouldn’t see anywhere else because we’ve classified it. Super string theory, chaos math, advanced algorithms…

WILL
Code-breaking.

NSA AGENT
Well, that’s one aspect of what we do.

WILL
Oh, com’on, I mean, that is what you do. You guys handle 80 percent of the intelligence workload. You’re seven times the size of the CIA.

NSA AGENT
We don’t like to brag about that, Will. So, the way I see it, the question isn’t Why SHOULD you work for the NSA? The question is: Why shouldn’t you?

WILL
Why shouldn’t I work for the NSA? That’s a tough one. But I’ll take a shot. Say I’m working at the NSA, and somebody puts a code on my desk, somethin’ no one else can break. Maybe I take a shot at it and maybe I break it. And I’m real happy with myself, cus’ I did my job well. But maybe that code was the location of some rebel army in North Africa or the Middle East and once they have that location, they bomb the village where the rebels are hiding… Fifteen hundred people that I never met, never had no problem with get killed. Now the politicians are sayin’, “Oh, Send in the marines to secure the area” cus’ they don’t give a shit. It won’t be their kid over there, gettin’ shot. Just like it wasn’t them when their number got called, cus’ they were off pullin’ a tour in the National Guard. It’ll be some kid from Southie over there takin’ shrapnel in the ass. He comes back to find that the plant he used to work at got exported to the country he just got back from. And the guy who put the shrapnel in his ass got his old job, cus’ he’ll work for fifteen cents a day and no bathroom breaks. Meanwhile he realizes the only reason he was over there in the first place was so that we could install a government that would sell us oil at a good price. And of course the oil companies used the little skirmish over there to scare up domestic oil prices. A cute little ancillary benefit for them but it ain’t helping my buddy at two-fifty a gallon. They’re takin’ their sweet time bringin’ the oil back, of course, maybe even took the liberty of hiring an alcoholic skipper who likes to drink martinis and fuckin’ play slalom with the icebergs, it ain’t too long ’til he hits one, spills the oil and kills all the sea life in the North Atlantic. So now my buddy’s out of work. He can’t afford to drive, so he’s walking to the fuckin’ job interviews, which sucks because the shrapnel in his ass is givin’ him chronic hemorrhoids. And meanwhile he’s starvin’ cus’ every time he tries to get a bite to eat the only blue plate special they’re servin’ is North Atlantic scrod with Quaker State. So what did I think? I’m holdin’ out for somethin’ better. I figure fuck it, while I’m at it why not just shoot my buddy, take his job, give it to his sworn enemy, hike up gas prices, bomb a village, club a baby seal, hit the hash pipe and join the National Guard? I could be elected President.

http://www.moviescriptsandscreenplays.com/BenandMatt/goodwilltrans.html

Related Images:

http://s.wsj.net/public/resources/images/P1-AK761_NSAjmp_20080309180001.gif

http://sg.wsj.net/public/resources/images/P1-AK762B_NSAp1_20080309214828.gif

http://www.justseeds.org/blog/images/NSA_3.jpg

Related Video (Note: This is not fiction):

http://www.youtube.com/watch?v=_GxEPQnxOQQ


YUM! Brands: KFC, Pizza Hut, Taco Bell & Food Stamps for Unsafe Foods

YUM! Brands: KFC, Pizza Hut, Taco Bell & Food Stamps for Unsafe Foods
YUM! BRANDS: KFC, PIZZA HUT, TACO BELL & FOOD STAMPS FOR UNSAFE FOODS
Global Revolution 1: American Revolution 2: Day 64: Communication 1
IronBoltBruce’s Kleptocracy Chronicles for 19 Nov 2011 (g1a2d0064c1)
How many examples of greed and corruption must you see before you act?

Thanks to the American Frozen Food Institute and other corporate lobbies pouring on the payola, our bought and paid for puppet politicians in Washington have determined that a slice of pizza is a healthy vegetable if served to our kids at school, but not if served to our poor by a restaurant.  And up until this week YUM! Brands – the global conglomerate that owns well-known junk food chains like KFC, Pizza Hut and Taco Bell – was working hard to correct that contradiction.  Not by eliminating the obvious insanity of classifying pizza as a vegetable, of course, but by lobbying to approve the use of EBT cards (a.k.a. “food stamps”) to make purchases at their restaurants.  According to BusinessWeek.com:

“Yum [had] lobbied government officials in Ohio, Pennsylvania, Florida, and Kentucky to allow its restaurants to participate in the Supplemental Nutrition Assistance Program (SNAP), which is administered by the states.  The nearly five-decade-old program distributed a record $64.4 billion in the 2010 fiscal year.  ‘Everybody wants to get a piece of that action,’ says Marion Nestle, a New York University professor of nutrition and public health.  ‘Right now it’s going to grocery stores; restaurants think that’s not fair.’  [But health] advocates howled when they learned that fast-food giant Yum! Brands (YUM) wants to let low-income Americans use food stamps at its Taco Bell and KFC restaurants.  Now the U.S. Agriculture Dept., which funds the food stamp program, has also voiced its opposition and is encouraging states not to give Yum a green light. ‘For us to be indifferent to the quality of the food is just a serious mistake,’ says Kevin Concannon, the Under Secretary for Food, Nutrition, and Consumer Services. ‘We should promote access to healthy foods.'”

http://tinyurl.com/6ugph2w

I’m sure Mr. Concannon meant to end that sentence with “…except when it comes to school lunches for our children”.

http://tinyurl.com/d4rcal9

Anyway…  Regardless of whether you pay with food stamps or Federal Reserve notes, the food you buy at KFC, Pizza Hut or Taco Bell may (remotely) taste “Southern”, Italian or Mexican, but a portion of its ingredients – the exact amount being kept as secret as the Colonel’s recipe – may actually be Chinese and consequently unsafe by American standards:

“China has become an agricultural powerhouse and leading food exporter.  Though supermarket labels may not always indicate it, a growing portion of the American diet is now made in China.  In 2009, 70 percent of the apple juice, 43
percent of the processed mushrooms, 22 percent of the frozen spinach and 78 percent of the tilapia Americans ate came from China.  Unfortunately, it’s not just China’s food that’s reaching American shores – it’s also China’s food safety problems.  The shortcomings in China’s food safety system were highlighted when ingredients tainted with the chemical melamine entered the global food supply…  [Melamine] contaminated Chinese dairy products, sickening 300,000 children and infants in China, six of whom died…  The melamine scandal played out across the globe, ending up in the food supplies of corporate producers including Mars, Unilever, Heinz, Cadbury and YUM! Brands, Inc. (which owns Pizza Hut, Subway and other fast food chains).”

http://documents.foodandwaterwatch.org/DecadeofDangerousImports.pdf

I find no consolation in the likelihood that whatever YUM! is doing to “us”, they are also doing to “them”:

“Urban consumers in China are increasingly embracing American-style diets.  Eating out is the fastest-growing segment of Chinese consumer food spending.  Much of this spending ends up at KFC, owned by Yum! Brands.  KFC opens a new restaurant in China every 18 hours and purchases one quarter of all chicken thighs produced in China – literally billions of pieces of meat.  In 2010, Yum! Brands earned 36 percent of its profits from its 3,200 KFC and 500 Pizza Hut restaurants in China – more than it made from the 19,000 KFC, Taco Bell, Pizza Hut and other company restaurants in the United States.  China now faces a new ‘era of obesity,’ mirroring U.S. overconsumption of fatty foods.”

http://documents.foodandwaterwatch.org/DecadeofDangerousImports.pdf

Related Image:

http://ldrlongdistancerider.com/images/Yum_Brands_China_EBT_Obesity.jpg

Related Videos:

http://www.youtube.com/watch?v=8aSqzUQCYMI

http://www.youtube.com/watch?v=BFYznrrtlzI

http://www.youtube.com/watch?v=cQJ4IUMKA90

http://www.youtube.com/watch?v=nrWamAfmj-k

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Occupy Australia! Bushbama trades unearned Nobel Peace Prize for Salesman-of-the-Year Trophy from U.S. Defense Contractors

Occupy Australia! Bushbama trades unearned Nobel Peace Prize for Salesman-of-the-Year Trophy from U.S. Defense Contractors

This week, while across America thousands of Veterans and other concerned Citizens protest the corporate takeover of our Republic and hundreds of those Patriots are beaten and arrested, our Kleptocracy-controlled puppet president Bushbama traded his unearned Nobel Peace Prize for a well-deserved Salesman-of-the-Year trophy from the Military Industrial Complex by sealing deals with our Australian and Pacific “allies” to establish or expand American military bases there to assure the continuing payment of trillions of borrowed dollars to war profiteers like GE, Lockheed Martin, Raytheon, Boeing, Northrop Grumman, General Dynamics, Halliburton, KBR, Bechtel and the rest to defend us all from China – our primary source of production – should they ever choose to attack America – their primary source of consumption.

http://tinyurl.com/88yu539

“The United States announced plans Wednesday to establish a permanent military presence in Australia, part of a high-profile foreign policy shift toward Asia that is intended as a counterbalance to China’s growing power.  Starting next summer, the U.S. will send 250 Marines to bases here for six-month tours, eventually rotating 2,500 troops through the country.  President Obama announced the partnership at a news conference with Australian Prime Minister Julia Gillard, describing it as a key step in his administration’s evolving emphasis on the Asia Pacific region as the U.S. winds down wars in Iraq and Afghanistan.”

http://tinyurl.com/d8v3fl5

“China is apparently a little upset about this, probably because of the explicit reference to ‘counteracting China’s growing power.’  But let’s be realistic, here.  Australia is 4,641 miles [actually less between nearest borders] from China.  It’s only 2,600 miles from Northern Alaska to China.  The US already has presences in Vietnam, Singapore and the Philippines.  There’s no reason in the world to station 250 Marines in Australia, and it’s beyond a joke to say that they have anything to do with containing China.  This needless drive to place little army men around the globe like it’s a Risk board, regardless of the expense, only serves a purpose for the little megalomaniacs in the Pentagon who think we have to stretch our military might everywhere.  For the rest of us, it just flushes our tax dollars down the drain.”

http://tinyurl.com/85q2vdb

“The transcontinental apathy to America’s takeover of Australia had dulled me to dreariness.  Sycophantic talkback and commentary saluting the smooth transition of our country into a US territory made me wonder why I bothered leaving all those notes.  Luckily a repeat broadcast of US President Obama’s Parliament House speech has risen me from the somnambulance of my fellow Cobbers.  (NB for folks under 25, that’s what Aussies used to call our Buddies)…  Having half a clue about some of the plans that have been in process for years to get America and Australia’s relationship to the point it is today… arr, stuffit, as the Yanks would say, call a spade a spade and spell it out.  We just got Occupied!  Maybe Cheney and Co wrote the script that Bush and Howard spoke from, but now Obama and Gillard reciting the lines I start to wonder again where the words these puppet-monarchs spruik truly originate…  It would seem that the schemes of the Project For A New American Century are alive and well.”

http://webdiary.com.au/cms/?q=node/3216

Related Image:

http://ldrlongdistancerider.com/images/Bushbama.jpg

Related Videos:

http://www.youtube.com/watch?v=U8x8_rXJFzo

http://www.youtube.com/watch?v=8mA4HYTO790

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FedEx Plundering and the Piecemeal Privatization of the U.S. Postal Service

FedEx Plundering and the Piecemeal Privatization of the U.S. Postal Service

“FedEx Corp [formerly Federal Express] is the world’s top express delivery service, thanks in large part to its close relationship with members of Congress and the White House.  For years, the company has been a major campaign contributor to both Democrats and Republicans and is famous for its unique lobbying tactics, including the fleet of private planes that it keeps on stand-by for lawmakers who need to jet off at a moment’s notice.  In exchange, the company has gotten unparalleled access to debates over international trade, tax cuts and rules that govern the business practices of its one-time competitor, the United States Postal Service [USPS].  In 2001, FedEx cemented a groundbreaking deal with the USPS to deliver all of the post office’s overnight packages and express deliveries.  In turn, FedEx was allowed to put its drop boxes in post offices around the country.”

http://tinyurl.com/6p8rq7t

Since 1989 FedEx has made over $20 million in campaign contributions to both Republicans (60%) and Democrats (40%), and since 1997 spent a staggering $80 million lobbying the Washington elite.  In return they have been “awarded” over $11.8 billion in federal government defense, transportation and logistics contracts over the past decade, and they have seated at least 29 of their employees on key federal “advisory” committees at the Department of Transportation and elsewhere.

http://tinyurl.com/876lzy3

http://tinyurl.com/7mmdxn9

http://tinyurl.com/6nhhmjo

FedEx has also benefited greatly in recent years from a series of legislative and regulatory changes that might best be described as the systematic piecemeal privatization of the U.S. Postal Service, key among those changes being the Postal Accountability and Enhancement Act of 2006 (PAEA) that required the Postal Service to prefund the health care benefits of future retirees – a burden no other government agency or private company bears – and contained other provisions that made it difficult if not impossible for the USPS to operate at optimum efficiency and effectively compete with companies like FedEx and the United Parcel Service (UPS).  Those “other provisions” contributed far more to the $5.1 billion loss the USPS reported this week than did the impact of the Internet on first class mail volumes.

http://tinyurl.com/6qtyvzh

Also contributing greatly to USPS losses are the billions of dollars that – thanks to crony capitalism – they have been forced to pay to big-name federal contractors for transportation, technology and other outsourcing and support services that could be done in-house for much less money.  FedEx ranks #1 on Top U.S. Postal Service Suppliers List, raking in over $1.3 billion in 2010 alone:

http://tinyurl.com/85v8l7g

Audits released by the USPS Office of the Inspector General published last year disclosed that millions of the dollars funneled to FedEx were unnecessary and wasteful, proving that their deal with FedEx was only a deal FOR FedEx.  Here is a quote from of those audits:

“It was more effective and economical in some cases for the Capital Metro, Eastern, Great Lakes, and Northeast Areas to use ground transportation and domestic air carriers as well as to sort mail at Postal Service plants than to use FedEx to perform these functions.  Because the areas used FedEx, the Postal Service incurred about $35.3 million in unnecessary costs.  If these areas implement our recommended changes, we estimate the Postal Service could save $170.6 million over a 10-year period.”

http://tinyurl.com/7fwvhpy

On a combined basis, the OIG audits showed THE CONTRACT WITH FEDEX HAS SQUANDERED OVER $94 BILLION SO FAR, AND COULD WASTE ANOTHER $480 MILLION OR MORE if allowed to continue:

http://tinyurl.com/7jkajh4

The United States Postal Service cannot be expected to successfully compete with companies like FedEx when those companies are using political influence and payola to place undue financial burdens on the USPS, to force wasteful and unnecessary outsourcing, to mangle its business practices and to cripple its efficiency.  To better understand what corporate greed and systematic kleptocracy have done to (take over) our mail service and how, these three references are must-reads:

The Strange Story of Postal Reform
http://tinyurl.com/6ufwdt3

How to Privatize the Post Office: Piece by Piece, Step by Step
http://tinyurl.com/7plyco6

Battle Over USPS Future Enters Critical Period
http://tinyurl.com/7o75v3j

Related Image:

http://ldrlongdistancerider.com/images/FedEx_USPS_Privatization.jpg

Related Videos:

http://www.youtube.com/watch?v=EUisfLtGN2A

http://www.youtube.com/watch?v=3UJGS_1oFXU

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