Tag Archives: xmas

Business/Economics, International, U.S.

What Economic recovery, What Holiday Mailing Rush? U.S. Postal Services sees huge drop in Xmas mailings, loses $3.3 billion in revenue!

Normally the end of year holiday mailing rush generates the most revenue for the USPS, but not in 2011.   Postal officials revealed that people in the U.S. cut back so much, because of bad economic times, that it even affected the shipping of holiday packages.

The huge drop in mailings cut expected revenues for the USPS by $3.3 billion! Postmaster General Patrick Donahoe, said the unexpected loss of revenue will mean that the USPS will run out of cash sooner.  He expects the postal service to be broke by October 2012. 

This news comes after the USPS won an international competition for most efficient postal service.  Each U.S. letter carrier handles more than 200,000 letters per year.  That’s about double what letter carriers from the second place winner, Japan, handle!  The study was done by United Kingdom’s Oxford Strategic Consulting, and released at the beginning of February 2012.

The loss in revenue could affect the planned closings of post offices and distribution centers.  Earlier, in December, postal officials decided to delay such action until May 2012.  But who knows what will happen, now?

By the way, don’t think closing down the USPS is going to save taxpayers money, it wont. The Postal Service operates on money that comes from you and me buying postal products, not taxes!

In fact the U.S. Congress is stealing money from the non-taxpayer funded Postal Service (just like taxpayer funded Social Security and Medicare): “The Postal Service actually has somewhere between $50 billion and $125 billion in their other funds that is not taxpayer money. They haven’t used a dime of taxpayer money in over 30 years! And the Congress just needs to act responsibly and quickly to give them access to that — those funds.”- Fredric Rolando, president of the National Association of Letter Carriers, during PBS interview on September 6, 2011

 

Business/Economics, U.S.

What Economic Recovery? Christmas Capital of Texas family killed on Xmas day, blame the economy

A Texas family that had lost their home to foreclosure, were shot and killed by Santa Claus on Christmas morning.

The distraught father dressed as Santa and decided to end it all after the family  opened their presents. The Wall Street Journal called it the single largest mass shooting in the history of Grapevine, Texas (Grapevine is known as the Christmas Capital of Texas)!

Seven people, ranging in ages 18 to 60, were found dead. Police say it looks like the family was just starting to clean up after opening their presents. Police responded to a 911 call, in which the caller said nothing.

Police will not comment on a motive, at this point: “We have a pretty good idea who these folks were, and we’re trying to work through contacting other family members so we can better piece together what took place and why it took place.”-Robert Eberling, Grapevine Police

Local media interviewed neighbors, in Colleyville, Texas, and learned that the family had lost their home to foreclosure, and that the father might have been a work-a-holic who was having financial problems.  Neighbors said even after he lost his home, back in 2010, he continued to take care of the yard: “I actually saw him out doing yard work just last weekend!”-Thomas Ehrlich

The mother failed to show up for work on Monday: “For somebody who’s always early to work and who never misses a day of work, we expected the worst.”-Leah Langford, employer

Apparently, according to Colleyville neighbors, the family actually stayed in the home for a while after it was foreclosed.  The family recently moved into the Grapevine apartment.

Business/Economics, International, U.S.

Western Xmas holiday, the new scourge of China. Chinese know the true meaning of Christmas, what happened to the United States?

“I was supposed to relax on holidays, but this feels more stressful than working at the office.”-Zhao Xiaojuan, works for investment company

Since U.S. companies have been moving into China, they’ve brought U.S. style holidays with them, and the Chinese are regretting it.

Many company managers spend their holidays, and their money, entertaining foreign (U.S.?) business guests, out of fear of insulting them if they didn’t do so, and competition!

“I have to give gifts to show respect and gratitude to my clients, because all my colleagues do so.”-Gao Ping, newly graduated from college

For many young adults the Western gift giving tradition is hitting them where it hurts; in their wallets!

“I’ll have to eat instant noodles for the whole month to save money….I could have saved 10,000 yuan (U.S.$1,580) if we didn’t have to celebrate foreign holidays!”-Zhou, employee of foreign owned company

More than 40,000 Chinese bloggers have voiced their opposition to the U.S. imposed holidays, and one of the most numerous complaints is that the U.S. holidays confuse affection for family and friends with money: “I know they want to show their affection for me, but words speak louder than money.”-Gao Ping, newly graduated from college

How dare he say “words speak louder than money”! Thurston Howell III, the Wolf of Wall Street, is rolling in his grave!