Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘financial stupidity’

… The U.S.P.S. cries out for Reform [#economic stupidity]…

Posted by paulfromwloh on Monday,October 17th,2016

.. when you read an article such as this , it really makes one want to puke ..

.. does anyone really wonder why the ” Pea Brain Service ” , as I like to call them is in so much trouble . It is very , very easy to see . First , you do not make such purchases like this one . It is economically insane . Secondly , is the decline in the amount of first – class mail . The amount of that mail has declined by almost 20% in the last 5 years . Tecnhology is forcing change , yet the U.S.P.S. is not adopting to it ..

.. [h/t —]..
.. [link] to the blog post ..

.. sooner or later , the Service is going to have to face up to its problems . It is eventually going to have a ” Come to Jesus ” moment with Congress , the rest of the government , and the American People ..

.. we do need A Postal Service . The question is how are we going to reform it …

Posted in personal opinion, stupidity (economic), stupidity (financial) | Tagged: , , , , , , | Leave a Comment »

… Are the Greeks Out of their Minds [#No vote]…

Posted by paulfromwloh on Monday,July 6th,2015

.. it appears so ..

.. Greece voted by about 61% in favour of the ” No ” position for the referendum on Sunday . So it is very likely now that Greece either willingly [or by force] will exit the Euro …

.. [h/t —]..
.. [link] to the blog post ..

.. the Greeks have far more immediate problems , though . In basic , their banks are close to death , and their economy is steadily melting down by the day . Imports cannot be financed . Regular business cannot be conducted with the banks closed . People are very likely to revolt once part [or maybe all] of their savings are lost as the banking system collapses , either partially , or entirely …

.. O.K. , bright boy [Greek PM Alexis Tsipras] ? , what do you do now ? Do you really think that the ECB and the EU and the IMF agree going to negotiate with a bunch of colossal idiots …

Posted in personal opinion, stupidity (economic), stupidity (financial), stupidity (political) | Tagged: , , , , , | Leave a Comment »