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    Is the Government Reading Your E-Mail?

    March 21, 2013 at 6:00 pm

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    BAO-Images Stock Connection Worldwide/Newscom

    Should the contents of your e-mail messages be protected from unwarranted law enforcement scrutiny to the same extent as your physical letters sent through the mail? To ask the question makes the answer seem obvious. E-mail is today’s postal service and the personal contents of your e-mail messages are as … More

    Another Day, Another Default: Postal Service to Miss $5.6 Billion Payment to Treasury

    September 28, 2012 at 4:45 pm

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    United_States_Postal_Service_Truck-(0.00.00

    In August, the U.S. Postal Service (USPS) failed to pay $5.5 billion due to the Treasury Department to fund health benefits for its retirees. This Sunday, USPS will miss a second payment to the Treasury, this time for $5.6 billion. This second default is no surprise; the USPS just doesn’t … More

    Postal Service in Default: The Beginning of the End?

    August 1, 2012 at 2:50 pm

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    Photo credit: Newscom

    Today the U.S. Postal Service (USPS) will default on $5.5 billion in payments to the Treasury for future retiree health benefits. That is no small sum, to be sure. But much to the dismay of the USPS—and the ire of taxpayers—it marks the first of several anticipated and potentially larger … More

    JPMorgan Loses $2 Billion; Still Beats Postal Service

    May 13, 2012 at 9:41 am

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    JPMorgan Chase’s $2 billion trading loss is top news nationwide. But over at the U.S. Postal Service (USPS), such losses are business as usual. USPS reported a typical (for it) $3.2 billion loss for the most recent quarter. Try that comparison on for size. JPMorgan Chase incurred a “whale” of … More

    Morning Bell: Is the Postal Service Doomed?

    May 3, 2012 at 9:15 am

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    If you ran a business with $25 billion in losses over the last five years, $20 billion in annual losses projected in the coming years, and 80 percent of its locations losing money, do you think that your company would stay afloat? Should it be rescued with a bailout from … More

    PODCAST: U.S. Postal Service to Cut $3 Billion

    December 7, 2011 at 4:23 pm

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    In this week’s Heritage in Focus, regulatory expert James Gattuso discussed the recent news that the U.S. Postal Service is cutting $3 billion in costs in order to stay afloat. Click here to listen. What services will change as a result of the cuts? How will these cuts affect the … More

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    The Morning Bell
    Morning Bell: What Did Apple Do Wrong?

    Members of Congress called Apple executives to testify on Capitol Hill yesterday. Why? Because the company makes money overseas, and some Senators want to get their hands on the cash. A Senate subcommittee accused the company of “shifting” profits from the U.S. to other countries and avoiding paying taxes. But … More

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