RT @kevinroose: Per Bloomberg, the US Postal Service lost $15.9 billion last year. That's more than Wal-Mart MADE ($15.8 billion).
—
Jonathan Hewett (@jonhew) November 15, 2012Wait, what?
BREAKING: U.S. Postal Service lost $15.9 billion in FY2012, had seen $15 billion loss—
Bloomberg News (@BloombergNews) November 15, 2012
That’s right. $15.9 billion. Billion.
In September, Twitchy reported that the U.S. Postal Service was going to default on a mandatory retiree benefit payment to the tune of 5.9 billion. And the hits just keep coming. Twitter users react to this latest hit.
how is this possible? RT @minefornothing: US POSTAL SERVICE LOSES $1BLN MORE THAN EXPECTED FY'12. TOTAL LOSS $15.9BLN—
Mr Wolf (@BPS_ON_RISK_) November 15, 2012
Even Newman from Seinfeld knew the Post Office was no longer necessary. Big money losses apparent bloom.bg/T32Fqj via @BloombergNews—
Jason Lippman (@PlayBackPolitic) November 15, 2012
The Govt seems to be working on all cylinders. The U.S. Postal Service lost $15.9 billion last year | bloom.bg/U1zYtL—
Jim Anderson (@Anderson33) November 15, 2012
*U.S. POSTAL SERVICE MAY TEMPORARILY RUN OUT OF CASH IN OCT 2013 — oh if u have a letter maybe send it now—
Art of Trading (@Art_of_Trading) November 15, 2012
that shit crayyyyy “@BloombergNews: The U.S. Postal Service lost $15.9 billion last year | bloom.bg/U1zYtL”—
Steve Lin (@SteveLin6) November 15, 2012
The US Postal Service lost $16Billion with a B in fiscal 2012. That blows my mind.—
Christopher Leigh (@darthleigh) November 15, 2012
“U.S. Postal Service lost $15.9 billion in FY2012" – do we now worry about credit risk when buying stamps?—
Scott Greenwood (@scottgreenwood) November 15, 2012
US GOV. Subsidizing ineptitude since at least 1913. RT @JoeSaluzzi: US Postal service loses $15.9billion in FY'12—
Malcolm Reynolds (@PghRedPill) November 15, 2012
Wow! Another Bill To The Taxpayer!? #USA #gdp “@BloombergNews: The U.S. Postal Service lost $15.9 billion last year | bloom.bg/U1zYtL”—
Asif Ali (@Asifali888) November 15, 2012
This just occurred to you? "@rotkapchen: Hubby says: The postal service lost $16BIL last year. And the government wants to run GM?"—
(@eggsngrits) November 15, 2012
Same people we want to run healthcare… U.S. Postal Service on ‘Tightrope’ Loses $15.9 Billion bloom.bg/ZAceze via @BloombergNews—
Jason Crawford (@crawdaddy072) November 15, 2012
Terrifying.
Too big to fail!
The US Postal Service lost over $15 Billion for fiscal year 2012. What private corporation could lose that much and survive long? #tcot—
Riddle Me This…. (@EgoAenigma) November 15, 2012
Bailout would be meta "@BloombergNews: FLASH: The U.S. Postal Service may temporarily run out of cash in October 2013"—
___ (@nokamber) November 15, 2012
This Twitter user has some reorganization advice.
Post-reorg profitable USPS name: FedEx RT @BloombergTV: U.S. Postal Service faces default without action bloom.bg/S04IJi—
(@zerohedge) November 15, 2012
The current situation is clearly unsustainable. This is the government at work, people. Time to privatize?
Twitchy will monitor this situation and update with further developments.
Update: Twitter users are also none too pleased with U.S. Postal Service’s alleged service.
@USPS too lazy to actually type in a number on package & it was returned! Ughhh #doublefail—
Stephanie Garrett (@Stephanieg3360) November 15, 2012
@pdxali @USPS oh wow what awful customer service!!—
Sarah Vincent (@onestarrynight) November 15, 2012
These arent luxury items, these are things for my BUSINESS @USPS, no remorse—
Miko Richardson (@OsmosedMiko) November 15, 2012
entire mngmt team @usps there is SO unprofessional: Deborah Erica & Deedra. Yea Im venting but thats my money & I would like to have my pkgs—
Miko Richardson (@OsmosedMiko) November 15, 2012
Never ship anything @usps they suck!!!! The customer service is crap and they are slow two weeks to ship a package. Really?!—
Dylan Wrightsman (@DylanWrightsman) November 15, 2012
@USPS you do not help your cause by having one employee at #Westlake P.O. counter for last 25 min!—
Jackie Bensen (@jackiebensen) November 15, 2012
