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The Sabotage of the U.S. Postal Service Is a National Security Matter — Pam and Russ Martens

Summary:
Among the growing list of priorities for the incoming Biden administration is a comprehensive investigation of the efforts to sabotage the U.S. Postal Service.In August, Aaron Gordon, reporting for Vice’s Motherboard, published a leaked internal document from the U.S. Postal Service showing that management was planning to eliminate hundreds of high-speed sorting machines in the midst of a pandemic. Sources inside the Postal Service that spoke with Gordon told him that they had “personally witnessed the machines, which cost millions of dollars, being destroyed or thrown in the dumpster.”Documents reviewed by Gordon also “laid out detailed plans to reroute mail to sorting facilities further away in order to centralize mail processing even if it moves the mail across further distances.”

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Among the growing list of priorities for the incoming Biden administration is a comprehensive investigation of the efforts to sabotage the U.S. Postal Service.

In August, Aaron Gordon, reporting for Vice’s Motherboard, published a leaked internal document from the U.S. Postal Service showing that management was planning to eliminate hundreds of high-speed sorting machines in the midst of a pandemic. Sources inside the Postal Service that spoke with Gordon told him that they had “personally witnessed the machines, which cost millions of dollars, being destroyed or thrown in the dumpster.”

Documents reviewed by Gordon also “laid out detailed plans to reroute mail to sorting facilities further away in order to centralize mail processing even if it moves the mail across further distances.” Gordon reported that a union official wrote on the document: “This will slow mail processing.”

When this news swept across mainstream media, it was characterized as an effort to interfere with mail-in ballots and boost the chances of a Trump election win. But the slowdown at the U.S. Postal Service continues, making it look more like an all-out effort to sabotage a government mail program in order to destroy its reputation for timely delivery and boost the fortunes of private mail shippers...

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The Sabotage of the U.S. Postal Service Is a National Security Matter
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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