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Internal Rate of Return and the Cultural Divide of Cash Flows

By Reid Holloway

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BLURRING THE SHOPPING LINES

I’m probably dating myself by engaging in this perception after the fact, but I really miss the independent bakeries, dairies, butcher shops, and the individuality each one represented.

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Barbra's Column

 

Who You Gonna Call?

By Barbra Alexander

Do you know Tom? Does anyone know his new phone number? Tom has been my mail carrier for several years and I was under the apparently erroneous impression that we had a pleasant relationship.

You see for all these years whenever a package came for me that had to be signed for; Tom would call and ask if I would be there to sign. Sometimes he had to leave a message that included his phone number and I would return the call and arrange to sign for my mail.

All of a sudden and with no warning, Tom’s boss took away his phone privileges. Instead of a call, I received a small form instructing me to go to the Post Office to pick up the mail that required signatures. The first time this happened I thought Tom was just on vacation and his temporary replacement just wasn’t familiar with our arrangement.

But alas, when I tried to call the local number for the Post Office I was informed that all calls were being routed through an eight hundred number in Utah. It would seem that the days of reaching a local postal employee through a local number were over. This new, improved method of directing postal inquiries to a nameless, faceless, telephone information kiosk in Utah is designed to save money.

My money? No! The presumed savings go to the Post Office, and not even the local one. The mother Post Office in Washington from whence all good things derive. What’s wrong with this picture? Does the Postmaster General actually believe that following corporate America into the current state of service anorexia will endear him or his employees to us?

Nobody can be quite that stupid, so I choose to believe that someone sold him a bottle of magic elixir off the back of an alternative delivery truck. That he’ll come to his senses any moment now and put an end to this temporary state of postal service dementia.

However, in the off chance that this is a serious attempt to cut costs, let’s logically examine this business about saving money. Each Post Office used to have a local telephone number, provided through the local telephone company. These phones, I can only presume, were used primarily for incoming or outgoing local calls. Local calls do not cost additional money. The calls were answered by an employee already working there and their wage was already being paid whether they were sorting magazines or answering your question on the phone.

Eight hundred numbers are charged, by the incoming call, to the holder of the number, regardless of the location of the call originator. If you live across the street from the Post Office and wish to obtain information, you now get someone two states away, who may or may not be able to answer your question.

The postal information operators who take your call are new hires. New hires, by any definition are expensive. There must be extensive training involved and again I’ll presume they belong to the same union as any other postal employee. That would mean that they are entitled to the same wages and benefits. Both training and benefit packages are also expensive.

I have not heard that the Postal Service is laying off thousands of carriers because they won’t be needed with the new system in place. So just exactly how does this bizarre system save money? Either there is something I don’t know and can’t deduce through the normal calculation of business costs, or they also got a great deal off the back of the same truck on the wool they’re trying to pull over our eyes.

Never mind the costs or savings. It’s the civilized relationship and human contact that has, once again, been shunted aside to make way for a new corporate electronic toy. I for one, lament the loss.

Barbra's Column Archives



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Lawsuits & Leftovers

Heavenly Humor

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Who You Gonna Call?

The Price of Common Sense

Dogs on Drugs

Take America Back

Insurance Games

You Don't Have to be in Rome

The Drug Circus

The Price of Advice

Safety First

Naturally Healthy

Surprise-They Can't Read!

How Far is Enough?

Pirates of Banking

Insurance Games

Fight Traffic Tickets and Win

Road or Monitor, What are you watching?




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