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Postal Service to default on second $5B payment

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The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay

In an interview, Postmaster General Patrick Donahoe said the mail agency will be forced to miss the $5.6 billion payment due to the Treasury on Sunday, its second default in as many months.


Read more: http://www.foxnews.com/politics/2012/09/28/postal-service-to-default-on-second-5b-payment/#ixzz27mfjqnMC

This is the way our GOV has been working under this admin.

its called, we dont really care. so what if we owe. when things get bad, we will bail out or print more money and then we will just say we did a good job and everybody will believe it.

this country is broke, our debt is insane and we are becoming a 3rd world country. Our kids and thier kids will be living like the planet of the apes.

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