Comments on: Postal Prices on the Rise Today http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 20 Mar 2010 13:18:32 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: » Man Buys $8,000 Worth of Forever Stamps on Consumerism Commentary: A Personal Finance Bloghttp://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-103680 » Man Buys $8,000 Worth of Forever Stamps on Consumerism Commentary: A Personal Finance Blog Thu, 24 May 2007 19:42:54 +0000 http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-103680 [...] that the U.S. Postal Service increased stamp prices and began offering the “forever stamp” last week, people can avoid the hassle of going [...] [...] that the U.S. Postal Service increased stamp prices and began offering the “forever stamp” last week, people can avoid the hassle of going [...]

]]> By: kevinhttp://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97532 kevin Mon, 14 May 2007 18:46:39 +0000 http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97532 I don't think that any one is going to stock up on stamps as an investment. There is no way that the stamp price will rise faster than even a 4% CD would. I don’t think that any one is going to stock up on stamps as an investment. There is no way that the stamp price will rise faster than even a 4% CD would.

]]> By: Jonathanhttp://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97525 Jonathan Mon, 14 May 2007 18:41:57 +0000 http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97525 I agreed with Charles Wheelan's article (see Yahoo! finance) on privatizing the postal system. Ironically, he also wrote previously about the government further subsidizing healthcare.Sure, those of us living in small towns would have to pay more for mail service. Some locations may not even be economically viable. But I'm willing to take the hit if it means a little less government waste, and lower taxes.We might even have to re-write the constitution--I believe there is an establishment clause of the postal service in there somewhere. But times have changed, and we need to question whether the founding fathers would have even established a Federally-supported postal service given today's easy access to electronic communications. I agreed with Charles Wheelan’s article (see Yahoo! finance) on privatizing the postal system. Ironically, he also wrote previously about the government further subsidizing healthcare.

Sure, those of us living in small towns would have to pay more for mail service. Some locations may not even be economically viable. But I’m willing to take the hit if it means a little less government waste, and lower taxes.

We might even have to re-write the constitution–I believe there is an establishment clause of the postal service in there somewhere. But times have changed, and we need to question whether the founding fathers would have even established a Federally-supported postal service given today’s easy access to electronic communications.

]]> By: Statasticohttp://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97513 Statastico Mon, 14 May 2007 18:33:50 +0000 http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97513 I don't see any reason why a rational individual would stock up on forever stamps in the near future. However, when the USPS announces the next price hike for the forever stamp, there might be a stampede of speculators the day before the price hike goes into effect. I don’t see any reason why a rational individual would stock up on forever stamps in the near future. However, when the USPS announces the next price hike for the forever stamp, there might be a stampede of speculators the day before the price hike goes into effect.

]]> By: Q at $1 Million to My Namehttp://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97479 Q at $1 Million to My Name Mon, 14 May 2007 17:56:55 +0000 http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97479 A 5% increase in any expense, whether it be something as big as your real estate taxes or as small as your postage stamps, is a big deal.Looks like less handwritten invitations and more eVites! A 5% increase in any expense, whether it be something as big as your real estate taxes or as small as your postage stamps, is a big deal.

Looks like less handwritten invitations and more eVites!

]]> By: timhttp://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97413 tim Mon, 14 May 2007 16:50:27 +0000 http://www.consumerismcommentary.com/2007/05/14/postal-prices-on-the-rise-today/#comment-97413 I see it as a ploy to generate short term revenue. Even though the forever stamp is supposedly good on "First-Class letters", even on the initial release the definition of what qualifies has narrowed (thickness, machineablilty). Five years from now they can easily change what qualifies... I see it as a ploy to generate short term revenue. Even though the forever stamp is supposedly good on “First-Class letters”, even on the initial release the definition of what qualifies has narrowed (thickness, machineablilty). Five years from now they can easily change what qualifies…

]]>