FOXNews.com - Postal Service Seeks Permission to End Saturday Delivery

FOXNews.com - Postal Service Seeks Permission to End Saturday Delivery: "Though the idea of cutting service from six to five days has gotten a cool reception on Capitol Hill, Potter said that the plan would include enough flexibility so that customers who need Saturday service can get it and that this and other changes need to be implemented for the Postal Service to survive."

I think this is a good idea. Saturday service is needed and we can't afford to continue the subsidies.

"Though he said privatization had been on the table during a lengthy internal review, that option appeared to be ruled out. One consultant, Thomas Dohrmann from McKinsey & Company, said privatization was 'unlikely' in part because it would be hard to find a buyer."

A single buyer isn't necessary. Sell stock in the company and let many people own a portion of it. The change in control could also be gradual with staggered board member terms.

"Potter said mail volume went from 213 billion pieces in 2006 to a projected 166 billion pieces in fiscal 2010."

How useful is it to look at pieces of mail? Even though the number of pieces have gone down, the number of package pieces has probably gone up.