<html><body bgcolor="#FFFFFF"><div></div><div>Courtesy of today's (September 20, 2011) Spokesman-Review.</div><div><br></div><div>------------------------------</div><span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 16px; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); line-height: 24px; "><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; "><span class="Apple-style-span" style="line-height: 21px; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); font-size: 14px; "><h1 style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 28px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-weight: bold; font-family: Arial, 'Lucida Grande', sans-serif; clear: both; line-height: 1.2; background-position: initial initial; background-repeat: initial initial; ">Obama proposes Postal Service bailout</h1><h5 class="subhead" style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-weight: normal; font-family: Arial, 'Lucida Grande', sans-serif; clear: both; line-height: 1; color: rgb(68, 68, 68); background-position: initial initial; background-repeat: initial initial; ">Plan would let deliveries drop to five days a week</h5></span></p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">WASHINGTON – President Barack Obama on Monday proposed bailing out the U.S. Postal Service, urging that it be allowed to cut mail delivery to five days a week and raise the price of postage.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">He also proposed allowing the service to get a $6.9 billion refund from an overfunded pension fund.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">“Bold action is needed,” Obama said. “The administration recognizes the enormous value of the U.S. Postal Service to the nation’s commerce and communications, as well as the urgent need for reform to ensure its future viability.”</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">Unless the government acts quickly, he said, the service will be insolvent by the end of the month, when it will have used up its cash reserves, will have reached its government mandated borrowing limit of $15 billion, and will be unable to make a required $5.5 billion payment to its retiree health program.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">Obama also proposed restructuring the Postal Service’s pension plan and allowing it to sell non-postal goods to bring in more money.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">Tucked into his broader proposal to cut federal budget deficits, Obama’s plan said the Postal Service is beset by long-term problems brought on by the recession and the loss of mail services to email.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">Mail delivery has plummeted, with 43 billion fewer pieces sent this year than just four years ago.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">Postmaster General Patrick Donahoe has proposed closing hundreds of post offices and mail facilities and eliminating Saturday mail delivery to save costs.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">But many members of Congress are fighting plans to close postal facilities in their districts. And a prominent House Republican said Monday that he opposes Obama’s plan.</p><p style="overflow-x: visible !important; overflow-y: visible !important; margin-top: 0px; margin-right: 0px; margin-bottom: 21px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-size: 16px; vertical-align: baseline; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; font-family: Arial, sans-serif; background-position: initial initial; background-repeat: initial initial; ">“The president’s proposal is not what taxpayers or the Postal Service needs,” said Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee.</p></span><div>------------------------------<br><br><div>Seeya round town, Moscow.</div><div><br></div><div>Tom Hansen</div><div>Moscow, Idaho</div><div> </div><div><br></div><div><br></div><div> </div></div></body></html>