Mail Bashing

It's good to see postal privatization back on the radar screen, as the president announces a new commission to examine the mission of the USPS, which is $11 billion in the hole.

"Industry officials said the commission will examine whether the USPS should have more flexibility in setting prices, adjusting service levels and cutting costs."

That sounds ominous. Nothing's going to get better for customers unless they end the Postal Service's monopoly on delivering letter mail.