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...fiscal year compared with 2007, the biggest mail volume decline in history has contributed to the agency's $2.8 billion loss for the year. That partly explains why shipping prices will rise 5% this month (a bigger hike than all shipping increases in 2008), with a stamp price jump to follow in May. The decline could also put your local letter carrier out of a job, and it has even stoked fears that the centuries-old Postal Service could one day go the way of the telegraph...

Author: /time Magazine | Title: For the Post Office: Snow, Rain and Now Gloom of Recession | 1/7/2009 | See Source »

...hanging chads. Democrat and former Saturday Night Live comedian Franken declared victory on Monday, but he won't be sworn in with the rest of the class. Given the tough standard the Dems are holding Burris to, they would have a hard time waving in Franken without an official stamp of approval, and Minnesota Governor Tim Pawlenty, a Republican, is inclined to allow Coleman the opportunity to exhaust all avenues of appeal. Even if the Democrats tried to swear Franken in - and party leaders like Reid and Charles Schumer have indicated that they would like to - Republicans like John Cornyn...

Author: /time Magazine | Title: Burris Denied His Seat as the Senate Drama Continues | 1/6/2009 | See Source »

...what, exactly? The first rule of launching a military campaign is to know how to end it, and Israel lacks an obvious endgame in Gaza. Prime Minister Ehud Olmert, having overreached in his attempt to stamp out Hizballah in Lebanon, has announced modest goals this time: he's not promising to eliminate Hamas or even to permanently halt the flow of rockets from Gaza. Both those options would require Israeli troops to occupy Gaza for a long time, with the potential risk of massive casualties. Instead, Olmert is hoping a large show of force will persuade Hamas to stop stockpiling...

Author: /time Magazine | Title: The Battle over Gaza | 12/31/2008 | See Source »

...order to learn how tough it is to be in charge of the universe. This time it's just an excitable friend (John Michael Higgins) who drags Carl to one of those personal-help messiahs who pock the California mindscape. The word from this shock-haired swami (Terence Stamp) is "Yes." By saying yes to every chance that comes your way - a homeless man's plea for your money, a street peddler's flier for a band concert, a loan request from any indigent who wanders into the bank - you will open yourself to unexpected possibilities in life and love...

Author: /time Magazine | Title: Yes Man and Seven Pounds: Santas for Hard Times | 12/18/2008 | See Source »

...Upside of Junk Mail Regarding Jeremy Caplan's article "De-Cluttering Your Mailbox": there are many reasons we should encourage instead of discourage direct-mail advertising [Dec. 15]. Among the most important: stop your direct mail and watch the cost of a postage stamp soar. Jim Elliott, Lemon Grove, California...

Author: /time Magazine | Title: Inbox | 12/18/2008 | See Source »

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