A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.
The Belgian Post was half privatized (50% minus 1 share) about 20 years ago, so that it could modernize without direct political meddling and so that there would be external (non politicized + professionel) oversight. That modernization was really needed and it worked out well enough. The company hasn’t been without controversies, but it’s not a disaster either.
Since that time, they were still given lucrative government subsidies/contracts to provide certain services that were deemed impossible to be made profitable (according to them), but on which they secretly made billions of euros of profit. Hidden subsidies basically, but still far less than what they used to cost the Belgian state before the modernization.
I said “That modernization was really needed and it worked out well enough. The company hasn’t been without controversies, but it’s not a disaster either.”
That you conclude from that, that the company is now less efficient + more corrupt than before, has 2 possible explanations:
you lack reading comprehension.
And/or
you read the things that you want to read, ignoring what was actually said.
The Belgian Post was half privatized (50% minus 1 share) about 20 years ago, so that it could modernize without direct political meddling and so that there would be external (non politicized + professionel) oversight. That modernization was really needed and it worked out well enough. The company hasn’t been without controversies, but it’s not a disaster either.
Since that time, they were still given lucrative government subsidies/contracts to provide certain services that were deemed impossible to be made profitable (according to them), but on which they secretly made billions of euros of profit. Hidden subsidies basically, but still far less than what they used to cost the Belgian state before the modernization.
So, far, far more corruption and inefficiency than before.
No.
You just said yes but okay bro
I said “That modernization was really needed and it worked out well enough. The company hasn’t been without controversies, but it’s not a disaster either.”
That you conclude from that, that the company is now less efficient + more corrupt than before, has 2 possible explanations:
Idk if anyone told you this but gullible is written on the ceiling
?
Edit to add: the insult makes no sense in the context of the discussion, so what the hell?
This isn’t that far off from the USPS model, but USPS isn’t protected from republicans out to destroy it.