The U.S. Postal Service Nears Collapse Phillip Herr looks like many of the men who toil deep within the federal government. He wears blue suits. He keeps his graying hair and mustache neatly trimmed. He has an inoffensively earnest manner. He also has heavy bags under his eyes, which testify to the long hours he spends scrutinizing federal spending for the U.S. Government Accountability Office, the congressional watchdog agency where he is Director of Physical Infrastructure Issues. As his title suggests, Herr devotes much of his time to highway programs. But for the past three years he has been diagnosing what ails the U.S. Postal Service.
tiffany cufflinks It's a lonely calling. "Washington is full of Carnegie and Brookings Institutes with people who can tell you every option we have in Egypt or Pakistan," laments Herr, who has a PhD in anthropology from Columbia University. "Try and find someone who does that on the postal service. There aren't many." Yet Herr finds the USPS fascinating: ubiquitous, relied on, and headed off a cliff. Its trucks are everywhere; few give it a second thought. "It's one of those things that the public just takes for granted," he says. "The mailman shows up, drops off the mail, and that's it." cheap tiffany and co jewelry He is struck by how many USPS executives started out as letter carriers or clerks. He finds them so consumed with delivering mail that they have been slow to grasp how swiftly the service's financial condition is deteriorating. "We said, 'What's your 10-year plan?' " Herr recalls. "They didn't have one."
cheap tiffany and co Congress gave him until the end of 2011 to report on the USPS's woes. But Herr and his team concluded that the postal service's business model was so badly broken that collapse was imminent. Abandoning a long tradition of overdue reports, they felt they had to deliver theirs 18 months early in April 2010 to the various House and Senate committees and subcommittees that watch over the USPS. A year later, the situation is even grimmer. With the rise of e-mail and the decline of letters, mail volume is falling at a staggering rate, and the postal service's survival plan isn't reassuring. Elsewhere in the world, postal services are grappling with the same dilemma—only most of them, in humbling contrast, are thriving. cheap tiffany The USPS is a wondrous American creation. Six days a week it delivers an average of 563 million pieces of mail—40 percent of the entire world's volume. For the price of a 44￠ stamp, you can mail a letter anywhere within the nation's borders. The service will carry it by pack mule to the Havasupai Indian reservation at the bottom of the Grand Canyon. Mailmen on snowmobiles take it to the wilds of Alaska. If your recipient can no longer be found, the USPS will return it at no extra charge. It may be the greatest bargain on earth. tiffany uk It takes an enormous organization to carry out such a mission. The USPS has 571,566 full-time workers, making it the country's second-largest civilian employer after Wal-Mart Stores (WMT). It has 31,871 post offices, more than the combined domestic retail outlets of Wal-Mart, Starbucks (SBUX), and McDonald's (MCD). Last year its revenues were $67 billion, and its expenses were even greater. Postal service executives proudly note that if it were a private company, it would be No. 29 on the Fortune 500. The problems of the USPS are just as big. It relies on first-class mail to fund most of its operations, but first-class mail volume is steadily declining—in 2005 it fell below junk mail for the first time. This was a significant milestone. The USPS needs three pieces of junk mail to replace the profit of a vanished stamp-bearing letter. cheap tiffany During the real estate boom, a surge in junk mail papered over the unraveling of the postal service's longtime business plan. Banks flooded mailboxes with subprime mortgage offers and credit-card come-ons. Then came the recession. Total mail volume plunged 20 percent from 2006 to 2010.
Strauss-Kahn DNA found on maid's clothes: reports Investigators found traces of DNA from former IMF chief Dominique Strauss-Kahn on the clothes of a hotel maid who accused him of sexual assault, US media reported on Monday. tiffany pendantsThe DNA was found on the shirt of the 32-year-old worker at the Sofitel in New York who has accused Strauss-Kahn of attempting to rape her, according to NBC and ABC television. DNA testing on other evidence from the hotel suite used by the French politician is continuing. tiffany men's necklaceAdvertisement: Story continues below Strauss-Kahn has denied charges made against him. New York police and the District Attorney's office refused to comment on the reports which came as Strauss-Kahn raced against time Monday to find a new home. He has also told former staff how he is confronting a "personal nightmare." Under house arrest pending trial, he has been rejected by one luxury residence because of his newfound notoriety and must soon leave his temporary abode. Charges that he attempted to rape and sexually assault the chambermaid on May 14 forced him to resign as head of the International Monetary Fund last week and torpedoed his chances of standing in the French presidential election next year. But Strauss-Kahn again denied the accusations in an email message sent to IMF staff late Sunday in which he expressed "profound sadness" at the way he left his $450,000-a-year tax-free post. tiffany necklace white gold
I deny in the strongest possible terms the allegations which I now face; I am confident that the truth will come out and I will be exonerated," he wrote. "In the meantime, I cannot accept that the Fund --- and you dear colleagues -- should in any way have to share my own personal nightmare. So, I had to go." Strauss-Kahn is holed up in the Empire Building at 71 Broadway, where management has apologized to residents and said that the new arrival will be gone by "early" this week. tiffany necklace white goldHis wealthy wife, French television journalist Anne Sinclair, had previously arranged a $15,000 a month apartment on the Upper East Side. But Strauss-Kahn was rejected after residents complained about the bad publicity. Sinclair left the Broadway apartment for a few hours on Sunday on what was believed to be part of the new hunt for a home. She has suspended her blog about American life. "Dear reader, many, many many of you have sent me messages," Sinclair wrote. "I cannot answer everybody, but know that these touched me and helped me."
tiffany cufflinks"You will understand the circumstances that have forced me to temporarily suspend this blog. All I can say is, a bientot." While Strauss-Kahn gets used to bail life wearing an ankle bracelet and being forced to stay in an apartment under the watch of video surveillance and and armed guard around the clock, the legal battle is heightening even before his next court appearance on June 6 to make a formal plea.
cheap tiffanyHis lawyer Benjamin Brafman has said Strauss-Kahn will plead not guilty and that he is confident his client will go free. "He has impressed me very much. Despite the circumstances, he's doing well," Brafman told the Israeli newspaper Haaretz in an interview. The defense team has hired a posse of private investigators who, according to media reports, are already sifting through the 32-year-old accuser's personal history in New York and her native Guinea in West Africa. Prosecutors told Strauss-Kahn's bail hearing last week that they are also building a "strong" case in support of the accusations. Strauss-Kahn was arrested on an Air France flight just as it was about to leave New York's John F. Kennedy airport, a few hours after the alleged attack. He spent the first days in detention at the notorious Rikers island jail. He now faces seven counts, including the attempted rape charge. Ian Weinstein, a law professor at Fordham University in New York, said that if convicted at trial, "a sentence of 10 years in prison is entirely likely, and a sentence higher than that is entirely possible."
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