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Blog: May 2016

Postal News Roundup

Elizabeth Warren Takes on Wall Street
Warren embraced the Take On Wall Street campaign’s five-point agenda: Reinstate the Glass-Steagall wall separating consumer banking from speculative trading activities and other financial businesses, closed the “carried interest” loophole that allows people like hedge fund traders to pay a lower tax rate on their earnings than workers, eliminate the tax deduction for CEO “performance” bonuses, crack down on payday lenders and create “public option” banking services through entities like the U.S. Postal Service, and a financial transactions tax that would not only raise money for needed services but would help curb high-speed speculative trading.
 

Postal News Roundup

Elizabeth Warren Kicks Off Grassroots Effort to Take On Wall Street
It’s making five key demands: breaking up the biggest banks; ensuring access to non-predatory banking products, including through the United States Post Office; ending the carried interest tax loophole that allows hedge fund managers to use a tax break for investment income on the income they make at work; reining in executive bonuses; and imposing a financial transaction tax.

Postal News Roundup

National Press Club Newsmaker Looks at The Good, The Bad, and The Ugly of Voting in the 2016 Election
APWU President Mark Dimondstein discussed voting by mail as a way to fight voter suppression as part of a panel on the subject on May 13. 

Grand Alliance Holds Hearing on Future of Postal Service; Takes a Stand Against Privatization
A Grand Alliance to Save Our Public Postal Service, a coalition of 130 organizations, held a hearing in front of a wide range of politicians and activists in Harlem on May 12, where privatization was a major concern. 

Postal News Roundup

Office Depot and Staples Scrap Merger After Judge’s Ruling
The American Antitrust Institute and the American Postal Union were among the organizations that wrote to the FTC to oppose the merger.

Federal Judge Blocks Staples’ $6.3 Billion Acquisition of Office Depot
A federal judge on Tuesday blocked Staples’ $6.3 billion acquisition of Office Depot, siding with regulators who argued the merger of office supply titans would reduce competition and raise prices.The companies said they would not appeal the decision and would instead abandon the deal.

 

Postal News Roundup

USPS Has Not Saved as Much as It Expected from Cutting Post Office Hours
The U.S. Postal Service has saved less money than it anticipated from its long-term plan to cut hours at post offices across the country, according to a new report, and it has used incomplete and inaccurate information to make its savings estimates.

Union Workers Strike Against Verizon Wireless
David Dunkle, president of the local American Postal Workers Union (APWU) in Huntington, said,"I think they (Verizon) would like to outsource many of these union jobs, if they could."

 

Postal News Roundup

OSHA Cites Postal Center in Sandston
A processing and distribution center for the U.S Postal Service in Sandston is facing $120,000 in fines for allegations that it continues to expose workers to the dangers of powered industrial equipment.

Post Office Hours Cuts Taking Toll
Over the past four years the effects of reduced hours at some postal locations have finally come home to roost, with both those delivering postal services and those receiving them affected in different ways. 

Postal News Roundup

GAO Questions USPS Cost Savings on POStPlan, USPS Questions GAO’s Tone
As the report makes clear, the plan that reduced hours at 13,000 small post offices has not saved the $500 million a year that the Postal Service had projected.

Feeling the #BERN? These Nurses are Coming to Town in a Giant Red Bus to Exacerbate Your Symptoms
On Tuesday, the #BernieBus stopped at a rally in Portland, where nurses joined Senator Jeff Merkley, Rep. Tulsi Gabbard, and members of the International Longshore and Warehouse Union, American Postal Workers Union and Communications Workers of America.