It's been known for a while that the United States Postal Service (along with the entire rest of the economy) isn't doing so hot, but things are about to get worse: unable to afford a $5.5 billion payment that's due soon, the Postal Service may have to shut down come winter.
"Our situation is extremely serious," said the postmaster general. "If Congress doesn't act, we will default." The Obama administration has said it is "working closely with the senators to find a solution," and in the meantime, options for keeping the organization running are pretty grim, ranging from laying off 120,000 union workers to closing 3,700 post offices to ending Saturday service entirely.
"[The Postal Service] survived the telegraph, it survived the telephone, and we have to do everything we can to preserve it and adapt," said the president of the National Association of Letter Carriers.
Someone, please do something to save the old-school mail service! I can't and won't live in a world where the only kinds of cards you can get are e-cards.