Once upon a time conservatives agitated to privatize the U.S. Postal Service. But hardly anyone on the right cares about the Post Office any more for the simple reason that technology has enabled us to go right around it: we use faxes and emails to transmit documents, pay our bills online, and send packages by UPS or FedEx. (By the way, when the fax machine was first being brought to the market about 30 years ago, the Post Office petitioned the FCC to require that fax machines could only be placed and used in post offices, on the perfectly consistent bureaucratic rationale that since fax machines could transmit letters, the post office’s legal monopoly on first class mail swept the devices under their authority. Fortunately the FCC was not persuaded.)

/snip

Anyway, today I see that the Post Office is poised to default on a $5.5 billion payment (http://www.huffingtonpost.com/2012/07/31/postal-service-default_n_1725263.html) due this week to the U.S. Treasury for—wait for it—retiree health benefits. Gee that sounds increasingly familiar. And guess who is nowadays in favor of privatizing the Post Office: liberals, such as former Obama OMB director Peter Orszag (http://reason.com/blog/2012/07/30/peter-orszag-privatize-the-post-office). Congrats, Peter—you’ve caught up to where conservatives were 40 years ago.
Tales from the Public Sector | Power Line (http://www.powerlineblog.com/archives/2012/07/tales-from-the-public-sector.php?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+powerlineblog%2Flivefeed+%28Power+Line%29)

Also included is the Solyndra Chapter 11 Bankruptcy plan, guess how much of the Obama $527 million the taxpayers will be repaid? Obama sucks as a venture capitalist with our money!