It’s Official: US Post Office Defaults on $5.6B

usps(CNN)  The U.S. Postal Service has defaulted on a $5.6 billion payment for retiree health benefits that was due on Monday, just as the Postmaster General had warned it would.

Now the only question is which departments/agencies will come next?

amtrak-crashI’m guessing that Amtrak will be the next to default, as they have “pension burdens” similar to the Postal Service.

REMEMBER – the goal here is to create ’cause’ for nationalizing all retirement savings… they want your 401k and other long-term investments under their control.  They have already seized the healthcare system, which is 1/6th of the entire US GDP, but they want it all.


~Those who abuse Liberty, sentence themselves to death!

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