Monday, October 11, 2010

Post Office Shows Where U.S. Is Headed: Kevin Hassett

No argument here.

To understand where the advocates of big government will take this country, look at the U.S. Postal Service.

The Postal Service is able to survive because U.S. law protects it with not one but two monopolies. First, it is the only entity that is allowed to deliver many types of mail. There are a few exceptions that have allowed FedEx Corp., United Parcel Service Inc. and bicycle carriers to flourish, but low- cost, high-volume letters are walled off from competition from other providers.

Source: finance.yahoo.com

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