Going Postal

5:51pm

Tue November 5, 2013
Politics

What's really forcing the USPS into bankruptcy?

Berkeley Post Office
Under CC license from Flickr user Steve Rhodes

Earlier this year, demonstrators staged a “camp-out” on the steps of Berkeley Post Office building, which dates to 1914. Residents don’t want to see it go, but it’s part of a much larger plan by the US Postal Service to sell some of its $85 billion real estate portfolio.

Investigative reporter Peter Byrne has written an e-book that explores the rationale behind the sales, taking on the behind-the-scenes issues that are forcing the Postal Service toward bankruptcy. The e-book is called “Going Postal: US Senator Diane Feinstein’s Husband Sells Post Offices to his Friends...Cheap.”

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