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Thread: Postal Service draws criticism for $1.2 million home buy

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Old 03-05-2009, 07:46 PM   #1
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Default Postal Service draws criticism for $1.2 million home buy

http://www.cnn.com/2009/US/03/05/pos...ion/index.html
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Old 03-05-2009, 07:50 PM   #2
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Shhhh thats my house!!!
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Old 03-05-2009, 07:57 PM   #3
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Hay it's better than SHOW AND TELL at work with a AR-15 OR MAC-90
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Old 03-05-2009, 08:55 PM   #4
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Nice Diggs!
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Old 03-05-2009, 08:58 PM   #5
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Yet another reason why I choose to not take my packages to that terrible place.

Good god, why do we let the government control anything?!?!
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Old 03-05-2009, 09:11 PM   #6
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They bought the house so he could relocate. For 1.2 million.

Couldn't he afford the move?

And they "hope" to sell it for its appraised value? In a declining market?

Brilliant.

No wonder postage is going up.
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Old 03-05-2009, 09:18 PM   #7
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Quote:
Originally Posted by JeremyH View Post
Good god, why do we let the government control anything?!?!
Brilliant statement.

Revolution is only possible when the masses have decided that fighting and dying or getting locked up for the rest of their lives is a better alternative to the life in which they live. Now if those same people can be pacified by...

Last edited by Nova's Ark; 03-05-2009 at 09:19 PM. Reason: spell check
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Old 03-05-2009, 09:19 PM   #8
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Based on that article, if you do the math, the postal service has relocated over 1000 people by buying their homes. They lost an average of $50k on each in 2007 and $58k on each 2008. If you just round the numbers to 1000 relocations at a loss of $50k each, that's $50MIL!!!
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Old 03-05-2009, 09:25 PM   #9
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Quote:
Originally Posted by skellyo View Post
If you just round the numbers to 1000 relocations at a loss of $50k each, that's $50MIL!!!
And yet my mail carrier has to deliver mail in her own busted-ass pickup.

Yup, proud to be an 'merican! Gettin' proud'r evr'y day! Woot!

Its little wonder why the rest of the world thinks were a bunch of a-holes.
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Old 03-05-2009, 09:49 PM   #10
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Quote:
Originally Posted by Nova's Ark View Post
Brilliant statement.


It just seems like lately everything that the government touches, just goes straight to hell....
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Old 03-05-2009, 09:58 PM   #11
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I hate to say it but we are going beyond hell.
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Old 03-05-2009, 10:00 PM   #12
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Of the 1,022, 14 cost between $1 million and $2.8 million. All of those have been sold, Frey said, but typically at a loss once closing costs, attorneys fees and commissions are paid.

So they're pissing away even more money due to losses on re-sale...

Brilliant!
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Old 03-05-2009, 10:40 PM   #13
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where's Lysander Spooner when we need him?
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Old 03-05-2009, 11:35 PM   #14
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If you work for the Federal Government. Well certain jobs anyway. If you get promoted, They pay for your Move. You are given a time frame to sell your house. If you can't sell it. The Government will buy it at I think 80% of it's Value. Maybe 100%... Now if you was just transfering and not getting promoted. The house is your problem.


Problems like this is whats dooming us. Larger Companies have been spending money they didn't have and cutting cost in areas that shouldn't be cut.

Cali laid off 10,000 Correction Officers.... Cali has some very rough Prisons. Doesn't sound like a good spot to cut cost to me.
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Old 03-05-2009, 11:44 PM   #15
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The C.O.s in California are a huge part of the problem. I have several friends that are or were C.O.s and I told them 10 years ago that they couldn't continue to milk the system the way they did.

Now they and the entire state in paying the price for it.

Add that to the liberal idiots that run the state and it's was only a matter of time.
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