NEW: Postmaster DeJoy wants to make the USPS more efficient.
So his solution is to take mail from this rural Wyoming town, send it to be sorted in Denver, and then ship it back to Wyoming again.
It's not just absurd. It's also disastrous for postal workers and rural residents.
It’s all part of DeJoy’s 10 year plan to revitalize the USPS.
In reality, his plan is designed to kill it from the inside out.
Why? So corporations can privatize—and profit off—our mail.
The latest phase of DeJoy’s plan is consolidating USPS processing centers across the country into 60 mega-centers where mail from different regions will travel and be sorted together.
For rural areas, that means mail will be delayed by at least a day.
It also means mail handlers will lose their jobs and other postal workers will be forced to move
In states where the USPS has already rolled out the consolidation phase, service is way down and mail is delayed by days.
In Virginia, only 73% of mail is delivered on time. In Georgia, only 60% is.
DeJoy claims that consolidation will save the USPS money.
But in Richmond, Virginia, the new system cost $8 million in extra trips and overtime hours.
Why would Postmaster Louis DeJoy, who runs the USPS, want to undermine it?
DeJoy used to run XPO logistics, a trucking company his father founded. Before he became postmaster, XPO had a $36 million contract with the USPS. In 2021, it scored a $120 million contract.
Even though DeJoy is no longer on the board at XPO, he and his family made between $1.2 to $1.7 million in income from XPO real estate and stocks in 2019.
He also had investments in 14 other companies with financial ties to the USPS when he first took office, which he later divested from.
We need to save the U.S. Postal Service, and our mail, from Louis DeJoy’s greed.
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THREAD: Last year, a woman who had just given birth at Massachusetts' third-largest hospital system died from internal bleeding.
Doctors reportedly could have saved her — but their tools had been repossessed after more than a year of unpaid invoices. bostonglobe.com/2024/01/25/bus…
Then Steward Health Care filed for bankruptcy.
State officials say the hospital system paid out investors and multi-million dollar salaries to top executives as it was running out of supplies to treat patients. wbur.org/news/2024/05/1…
Steward was bought by investors including CEO Ralph de la Torre from private equity firm Cerberus in 2020 for $335 million.
De la Torre then paid himself a $100 million dividend and bought a $40 million yacht, according to the American Prospect.
THREAD: Oklahoma just passed a law that lets corporations like Tyson and Cargill pollute water with no consequences.
That means 520,000 tons of chicken waste can seep into streams and rivers every year.
Instead of protecting our water, the GOP is protecting corporations.
This new law, which goes into effect in November, says if companies or farmers are “following state laws” then they are protected from litigation for their actions, even if their actions cause demonstrable harm or are proven to have polluted people’s water.
This is especially relevant in Oklahoma, where just last year there was a ruling which saw a dozen companies, including Tyson and Cargill, compelled to reach a settlement over their egregious pollution of the Illinois River. kfor.com/business/ap-bu…
Pennsylvania state law lets private companies buy public water systems and jack up rates.
Now the legislature is debating a bill to make that harder.
A GOP state rep. repeated industry talking points and called the idea that customers should be able to veto a sale "dangerous."
As we reported last month, the Chester Water Authority is an award-winning water utility whose officials have repeatedly shot down a sale.
But a subsidiary of a Blackrock-backed corporation is attempting to use the courts to force a sale against residents' will.
Once they buy systems, rates skyrocket.
The bill that the PA legislature is currently considering would require water companies attempting to buy public utilities to get approval from most of the towns (75%) getting their water from the public system.
THREAD: Nigerian workers are shutting things down to demand a higher minimum wage nationwide. Here’s why they’re taking action.
Since assuming office last year, Nigerian President Bola Tinubu has cut fuel and electricity subsidies and devalued the country’s currency, causing gas prices to more than double and inflation to shoot up, “reaching close to 30% last month, the highest in nearly three decades.”
Then, last week, Nigeria’s lawmakers approved a budget that includes huge allocations for SUVs and houses for the president, his wife and other public officials.
Northrop Grumman, one of the five biggest military contractors, plans to give “100% of our free cash flow” to shareholders.
But that cash is your cash, your tax money.
The military-industrial complex is transferring money from you to the super-rich. Thread🧵
On the call with investors yesterday, Northrup’s CFO didn’t mince words.
He proudly said, “We’ve continued to increase our dividend at a healthy clip each year for almost 20 years now” and they don’t plan on changing that anytime soon.
But where is that money coming from? A huge percentage comes from taxpayers.
In 2019, the Pentagon gave Northrop Grumman over $14 billion.
Private equity is buying up and destroying our healthcare system. Here's how.
THREAD 🧵
The US is unique in its extremely exorbitant per patient healthcare costs, but why is that? One is American private equity firms spending hundreds of billions buying a monopoly on health care, whether it's emergency care, anesthesiology or elderly care. wsj.com/health/healthc…
Whereas a few decades ago many physicians and caretakers worked for smaller businesses or had their own firms, today nearly 75% work for a hospital or a corporate owner. This allows for huge price mark-ups.