Thread: Postage going up again

Originally Posted by YankeeMary

Odd man out here...lol. I think .42 to mail a letter isn't too bad. You can mail a letter from one side of our country to the other. Thats amazing in itself and to do so for only .42 is pretty good actually IMO. No I do not like it that they are raising it but out of fairness with the price of gas them raising it only a penny is wonderful compare to all the other things that increased due to gasoline prices. I don't know how it will affect shipping boxes because a penny could really add up there and that would really be sad to not be able to afford to ship gifts and etc...

I might agree if they didnt lose so much of my mail lol

Originally Posted by PrincessArky

I might agree if they didnt lose so much of my mail lol

I heard that. Maybe we share the same postal lady.

Originally Posted by YankeeMary

I heard that. Maybe we share the same postal lady.

lol ours is very very sweet but also very very slow and doesnt seem to bright

Originally Posted by cab1277

CBS news today was telling people to go out and buy those "forever" stamps. Their $.41 right now and you can still use them when the rate goes up because its not printed on the stamp. I have some. They just have a bell on them. Maybe its about time to go buy a roll. I don't mail first class very often with Bill pay and email, but it might be kind of fun to know I'm thumbing my nose at their rate hike by mailing stuff at the cheaper rate

That is what I am gonna do. I might buy two rolls and will have them for a couple years of rate increases.

Originally Posted by cab1277

CBS news today was telling people to go out and buy those "forever" stamps. Their $.41 right now and you can still use them when the rate goes up because its not printed on the stamp. I have some. They just have a bell on them. Maybe its about time to go buy a roll. I don't mail first class very often with Bill pay and email, but it might be kind of fun to know I'm thumbing my nose at their rate hike by mailing stuff at the cheaper rate

Is there a limit on how many you can buy of those?? cause if that is the case i will buy several of those before may!!

The post office has lost several of my packages going out on swaps & stuff. I bet the cost of rising postage has to do with the rising cost of gas & stuff. After all, I have never seen a rich postman, so I know the money is not going to them.

Big pay increases approved for top Postal Service officers

Story from Linn’s Stamp News

WASHINGTON WATCH

BY BILL MCALLISTER

Postmaster General John E. “Jack” Potter and seven other senior United States Postal Service officers have been granted large raises, by the Postal Service board of governors.

The increases were disclosed by the Postal Service Jan. 3 in response to a Freedom of Information Act request filed by Linn’s.

The raises were approved May 2007 retroactive to Jan. 5, 2007, under the Postal Accountability and Enhancement Act of 2006, which removed the top Postal Service officers from the federal pay cap that restricts the pay of most federal workers to that of no more than the vice president of the United States.

Citing a need to raise the pay of the Postal Service’s top officers, Congress voted in December 2006 to give the postal board of governors authority to boost the pay of up to 12 Postal Service officers up to an amount “not to exceed 120 percent of the vice president’s total annual compensation.” U.S. vice president Dick Cheney is currently paid a salary of $215,700.

The board authorized increases for eight officers.

Potter, the 72nd postmaster general, got the biggest increase. His salary jumped nearly 39 percent to $258,840, up from $186,600 in 2007. That’s an increase of $72,240 and the maximum pay allowed to Postal Service officers.

The pay of Patrick Donahoe, deputy postmaster general and chief operating officer, jumped to $235,000 from $186,000, a 26 percent raise.

The pay of Harold G. Walker, chief financial officer and executive vice president, rose to $215,000, up from $186,000.

Anthony Vegliante, chief human resources officer and executive vice president, saw his pay rise to $225,000, up from $183,100.

The pay of Anita Bizzotto, chief marketing officer and executive vice president, rose to $225,000, up from $183,100.

The pay of Mary Anne Gibbons, general counsel and senior vice president, rose to $215,000, up from $177,800.

William Galligan, senior vice president for operations, saw his pay rise to $215,000, up from $183,100.

Robert Otto, chief technology officer and vice president, saw his pay rise to $205,000, up from $177,800. Otto retired Oct. 1 and a successor has not yet been named.

Potter’s pay had been at the same level as that of cabinet officers, a reflection of the days when the postmaster general was a cabinet post. Cabinet members will be paid $191,300 this year, according to the Office of Personnel Management.

In releasing the salaries, Postal Service officials noted that in 2003 the President’s Commission on the Postal Service called for increasing the pay of top officers to a level competitive with private industry.

The Postal Service also noted that pay of some corporate executives who manage companies with fewer employees than the Postal Service earn far more than Potter will earn. Proctor & Gamble chief executive A.G. Lafley, for example, earns $29 million a year.

It also noted the pay of the executives of two private delivery firms: Frederick W. Smith, CEO of Federal Express earns $8.67 million and Michael L. Eskew of United Parcel Service earns $3.1 million.

The Postal Service also compared Potter’s pay with that of other postal chiefs.

Deutsche Post pays Klaus Zumwinkel $4 million. Peter Baker of Netherlands TNT earns $2.94 million, and the United Kingdom’s Royal Mail pays Adam Crozier $1.57 million. Australia Post pays CEO Graeme John $1.89 million; New Zealand Post pays CEO John Allen $733,000; Japan Post pays its president Norio Kitamura $246,737; and Canada Post pays CEO Moya Greene $483,876.

Potter’s pay trails that of three other government created organizations. Fred- earns $7.59 million. die Mac’s Richard Syron is The Tennessee Valley earning $11.47 million, and Authority pays CEO Tom Fannie Mae’s Daniel Mudd Kilgore $1.6 million.

Hmmmmmmmmmmmm.......? Maybe this is why? Heck I can't get them to pay me for the carrier pickups I do for my Ebay customers. They owe me for 9 months worth. lol. If we owe them, we get a letter of demand, and it comes out! It isn't that they got a raise that gets to me, it's that they capped it from get go. We should not be comparing to the private owned, corporate officers salaries. Just as they should not compare ours to UPS or Fed EX. We have a long way to go to earn the respect we once had.

Originally Posted by cab1277

CBS news today was telling people to go out and buy those "forever" stamps. Their $.41 right now and you can still use them when the rate goes up because its not printed on the stamp. I have some. They just have a bell on them. Maybe its about time to go buy a roll. I don't mail first class very often with Bill pay and email, but it might be kind of fun to know I'm thumbing my nose at their rate hike by mailing stuff at the cheaper rate

That's what I was going to say. I bought stamps yesterday and was only going to get one book but the clerk told me postage is going up in May so I bought 3. I wish I had alot of money to invest in these stamps....like a few hundred dollars. Then I wouldn't have to worry about raises for quite awhile.