USPS and itsFinancial Crisis

The news that the USPS is again raising the postage rates is neither unexpected, nor unwarranted. However, the reasons the public are being given for the USPS' financial straits are incomplete, and less than forthcoming.
for the past several years, the USPS has been ordered by congress to pre fund its pension plan to the tune of $75 Billion dollars. This is a burden no other private or government agency is saddled with, let alone one which relies on no tax dollars to subsist. The USPS pension is now overfunded by the above mentioned amount to satisfy the pensions of Postal workers who have not yet been born.
  Absent this ridiculous mandate, the Postal Service would actually have been operating at a modest profit since the recession began.
   Management's and the Board of Governors push to go to Five Day Delivery will mark the beginning of the end for the USPS..while the savings in operating costs can't be argued, small businesses and mailers who rely on six day delivery will flee  to other carriers, causing further revenue losses.
   Because the USPS is not dependent upon tax dollars, they are not obligated to "open up the books". If they did, Congress and the public would see how freely money was wasted at the highest levels. They have the highest management to labor ratio of any Fortune 500 company. They recently spent over ten billion dollars for a new automated mail sorter for a mail volume that is, by their own admission, in rapid decline. Their recently retired Postmaster General Jack Potter, 
who retired at the advanced age of 55, did so with an annuity of $2.5 million dollars, and two pensions. All while running the company in the red. Does any of that sound like a good business model?
   At the labor level, some routes have been eliminated, with the rest being lengthened. The number of delivery points increases constantly, while the number of carriers to make those deliveries declines. Bar Codes are placed in various mailboxes on every route, 15 per 8 hour route to be exact. These are called Managed Service Points, and are to be scanned by the Carrier upon arrival. These MSP's are a tool for management to track the Carriers during the course of the day which is not unfair. However, now management has purchased cellphones with GPS  for 350,000 carriers nationwide at no small cost, I am sure. Redundancy, anyone? And oh by the way management at both the office and the regional level receive "performance enhancement compensation" based on the percentage of those scans made. Must be nice to get bonuses when your company is operating at a loss, particularly when they are in no way related to the mission, which should be customer service.
  If you have not already guessed, I am a long time Letter Carrier.  I am also a union member and a lifelong Republican. My views on the Labor movement have not always been supportive..
   However, what I have seen from the USPS management over the course of the last ten years can only be described as a model of incompetency. Their interests lie not in the long term preservation of the Postal Service, nor in providing quality service to the public but only in protecting their own asses. I worked 25 yeas in the private sector before, and never saw a relationship between management and labor as contentious, hostile, and lacking in trust as I do here. It's really ashame they continue to complicate what should be a simple, although physically demanding job.