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V9 2006 INDEX       E-SYLUM ARCHIVE




The E-Sylum:  Volume 9, Number 19, May 7, 2006, Article 22

POST OFFICE MULLS "FOREVER STAMP" ISSUE

The Associated Press published an article on Wednesday about
the U.S. Postal Service's proposed "forever stamp".

"How about this for a hedge against inflation  a postage
stamp that stays valid for mailing a letter no matter how much
rates may go up.

The Postal Service's governing board is considering issuing
the "forever" stamp  and seeking an increase of 3 cents in
the first-class rate  probably to take effect in the spring
of 2007."

"The forever stamp would help soften the blow of a rate
increase by allowing customers to stock up. As originally
proposed it would sell for the first class rate and, once
purchased, the special stamp would remain valid for whatever
the first-class rate is when it is used, regardless of future
increases."

To read the complete article, see: Full Story

[Sure, the U.S. Postal Service will never go out of business.
It'll always be there, like Social Security.  And what happens
when counterfeiters learn how to make cost-effective perfect
copies of the old "forever" stamps when new technology arrives
on the scene?  -Editor]

  Wayne Homren, Editor

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