ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Privatisation:a 'bad idea' says Obama!!

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
User avatar
POSTMAN
SITE ADMINISTRATOR
Posts: 32642
Joined: 07 Aug 2006, 03:19
Gender: Male

Privatisation:a 'bad idea' says Obama!!

Post by POSTMAN »

http://postandparcel.info/31352/feature ... atisation/" onclick="window.open(this.href);return false;

President Obama has labelled the potential privatisation of the USPS a “bad idea”.

During a recent Q&A session with the president, Obama was asked: “Our deficit (national debt) is higher than ever at $12 trillion. Will you consider allowing the private sector to buy and take over the most troubled government-run agencies such as the USPS?”

According to Mailing Systems Technology, the president responded, “Bad idea most of the time. There are examples where privatisation makes sense, where people can do things much more efficiently. But often what you see is companies want to buy those parts of a government-run op that are profitable, and they don’t want to do anything else.”

“So, for example, the U.S. Postal Service, everybody would love to have that high-end part of the business that FedEx and UPS are already in, business to business you make a lot of money. But do they want to deliver that postcard to a remote area somewhere in rural America that is a money loser? Well, the U.S. Post Office provides universal service. Those companies would not want to provide universal service.”

The Q&A session was held shortly before USPS announced further losses for this years’ Q1. In light of these results is Obama right? Or should the USPS be privatised? We want to hear your thoughts, so please comment below…
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
Pat Ostman
Posts: 2797
Joined: 17 Sep 2008, 21:53
Gender: Male
Location: In the Line Managers office being screwed over.

Re: Privatisation:a 'bad idea' says Obama!!

Post by Pat Ostman »

Of course I agree with you Postman, but arse-licker and knob-head are bad front page points in my opinion
Run, rabbit run. Dig that hole, forget the sun.
And when at last the work is done. Don't sit down, it's time to dig another one
DGP1
Posts: 15551
Joined: 07 Jun 2007, 20:39
Gender: Male
Location: Terminus

Re: Privatisation:a 'bad idea' says Obama!!

Post by DGP1 »

I personally want to know what Osama thinks about privatisation.
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
Darren Bent
Posts: 2150
Joined: 05 Oct 2007, 15:38
Gender: Male
Location: Pride Park, Derby, DE24 8XL

Re: Privatisation:a 'bad idea' says Obama!!

Post by Darren Bent »

Someone should forward this to our government
monkey76
MAIL CENTRES/PROCESSING
Posts: 98
Joined: 22 Feb 2010, 14:15
Gender: Male

Re: Privatisation:a 'bad idea' says Obama!!

Post by monkey76 »

DGP1 wrote:I personally want to know what Osama thinks about privatisation.
LMAO u gonna open a can of worms wi that 1 m8 LOL :crazy:
baldrick
EX ROYAL MAIL
Posts: 5036
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: Privatisation:a 'bad idea' says Obama!!

Post by baldrick »

monkey76 wrote:
DGP1 wrote:I personally want to know what Osama thinks about privatisation.
LMAO u gonna open a can of worms wi that 1 m8 LOL :crazy:
Be careful - you'll be under surveillance from MI6. :nervous
DGP1
Posts: 15551
Joined: 07 Jun 2007, 20:39
Gender: Male
Location: Terminus

Re: Privatisation:a 'bad idea' says Obama!!

Post by DGP1 »

baldrick wrote:
monkey76 wrote:
DGP1 wrote:I personally want to know what Osama thinks about privatisation.
LMAO u gonna open a can of worms wi that 1 m8 LOL :crazy:
Be careful - you'll be under surveillance from MI6. :nervous
It's too late for me :crazy: :crazy: They're already watching me :nervous
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
baldrick
EX ROYAL MAIL
Posts: 5036
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: Privatisation:a 'bad idea' says Obama!!

Post by baldrick »

DGP1 wrote:
baldrick wrote:
monkey76 wrote:
DGP1 wrote:I personally want to know what Osama thinks about privatisation.
LMAO u gonna open a can of worms wi that 1 m8 LOL :crazy:
Be careful - you'll be under surveillance from MI6. :nervous
It's too late for me :crazy: :crazy: They're already watching me :nervous
Probably - but not for that reason. :wink:
baldrick
EX ROYAL MAIL
Posts: 5036
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: Privatisation:a 'bad idea' says Obama!!

Post by baldrick »

baldrick wrote:
DGP1 wrote:
baldrick wrote:
monkey76 wrote:
DGP1 wrote:I personally want to know what Osama thinks about privatisation.
LMAO u gonna open a can of worms wi that 1 m8 LOL :crazy:
Be careful - you'll be under surveillance from MI6. :nervous
It's too late for me :crazy: :crazy: They're already watching me :nervous
Probably - but not for that reason. :wink:
And it's more likely to be the Vice Squad than MI6. :Very Happy