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Economy

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Demeter

(85,373 posts)
Fri Dec 27, 2013, 06:43 PM Dec 2013

Weekend Economists Stamp Out Ignorance December 27-29, 2013 [View all]

Whose ignorance? Well, mine, for one.

There's a quiet joy spreading the nation, as news of the failure of UPS and FedEx to deliver Xmas on time is contrasted with the US Postal Service's steady, reliable, unionized service. The postal workers came through, just like the unofficial motto says--there's no official motto, but there's an inscription on the James Farley Post Office at 8th Avenue and 33rd Street in New York City that reads:

Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds.




Here's how the official Web site of the U.S. Postal Service describes the origin of the inscription:

This inscription was supplied by William Mitchell Kendall of the firm of McKim, Mead & White, the architects who designed the New York General Post Office. Kendall said the sentence appears in the works of Herodotus and describes the expedition of the Greeks against the Persians under Cyrus, about 500 B.C. The Persians operated a system of mounted postal couriers, and the sentence describes the fidelity with which their work was done. Professor George H. Palmer of Harvard University supplied the translation, which he considered the most poetical of about seven translations from the Greek.




The James A. Farley Post Office Building is the main post office building in New York City. Its ZIP code designation is 10001, and it is commonly addressed on letters as JAF Station. Built in 1912, the building is famous for bearing the inscription: "Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds." In 1982, the post office was officially designated The James A. Farley Building, as a monument and testament to the political career of the nation's 53rd Postmaster General. The Farley Post Office is home to "Operation Santa", made famous in the classic 1947 film Miracle on 34th Street and it is the inspiration for the post office in Terry Pratchett's Going Postal, with its "Glom of nit" legend.

The Farley Building consists of the old general post office building and its western annex. The Farley building is listed on the National Register of Historic Places, and occupies two full city blocks, an 8-acre (32,000 m2) footprint straddling the tracks of the Northeast Corridor and the Farley Corridor (sub-district B) in western Midtown Manhattan. The building fronts on the west side of Eighth Avenue, across from Pennsylvania Station and Madison Square Garden. It is located at 421 Eighth Avenue, between 31st Street and 33rd Street in the New York City borough of Manhattan.

The Farley Post Office once held the distinction of being the only Post Office in New York City open to the public 24 hours a day, seven days a week. But in 2009, due to the economic downturn, its windows began to close at 10:00 p.m.

This building has a great and unique history.
http://en.wikipedia.org/wiki/James_Farley_Post_Office





But, so does the Institution! We shall learn more about the USPS this Weekend, along with the usual economic claptrap...



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A little music, maestro, if you please! Demeter Dec 2013 #1
This historic building is being repurposed and remodeled! Demeter Dec 2013 #2
Your postal service at work Demeter Dec 2013 #3
Now, how about those sluggards at FDIC? Demeter Dec 2013 #4
Homeless Couple Gets A Home On Christmas Eve, Thanks To Innovative ‘Occupy’ Group Demeter Dec 2013 #5
Detroit To Seek Judge’s Approval For Improved Deal With Big Banks Demeter Dec 2013 #6
The Fear Economy By PAUL KRUGMAN Demeter Dec 2013 #7
Vermont Approves Single-Payer Health Care: "Everybody In, Nobody Out" Demeter Dec 2013 #8
The Postal Clause Demeter Dec 2013 #9
What America Would Look Like if Libertarians Got Their Way Demeter Dec 2013 #10
THE PRIVATE SECTOR HAS A BAD MONTH: The Invisible Hand Is All Thumbs By Charles P. Pierce Demeter Dec 2013 #14
Inside UPS’s pre-Christmas parcel profusion Demeter Dec 2013 #18
Obama, Democrats push for extension of unemployment benefits Demeter Dec 2013 #11
U.S. judge expands classes in lawsuits over $34 billion mortgage debt Demeter Dec 2013 #12
More Music, If You Please! Demeter Dec 2013 #13
How to defeat Big Brother Demeter Dec 2013 #15
THE FEDERAL RESERVE IS 100 YEARS OLD LAST WEDNESDAY Demeter Dec 2013 #16
Record-level metals storage in ‘shadow warehouses’ Demeter Dec 2013 #17
Obama signs bipartisan budget deal, annual defense bill Demeter Dec 2013 #19
Encore! Demeter Dec 2013 #20
The Postman Demeter Dec 2013 #21
I like the Post Office! DemReadingDU Dec 2013 #22
The Postman Always Rings Twice DemReadingDU Dec 2013 #23
I've exhausted my knowledge of musical notes (hahaha) Demeter Dec 2013 #24
Oh. Well it has to be this one: Ghost Dog Dec 2013 #25
Regulators Are Already Considering The First 'Finessing' Of The Volcker Rule xchrom Dec 2013 #26
Japan Wages Pressured by Fastest Inflation Since 2008 xchrom Dec 2013 #27
European regulators seek prop trading ban for large banks: paper xchrom Dec 2013 #28
Taking power in New Delhi, 'common man' leader talks of revolution xchrom Dec 2013 #29
That's the kind of party we need here. Demeter Dec 2013 #30
BUNDESBANK CHIEF PRESSES EUROPE TO PURSUE REFORMS xchrom Dec 2013 #31
Tatiana's Letter Aria--Yevgeny Onegin--Piotr Illich Tchaikovsky Demeter Dec 2013 #32
EU VOICES CONCERN OVER TURKISH GRAFT SCANDAL xchrom Dec 2013 #33
History of the USPS Demeter Dec 2013 #34
'Werther' Letter Scene / Massenet * JANET BAKER * LIVE! in English Demeter Dec 2013 #35
Then, of course, there's the competition Demeter Dec 2013 #36
letter to me - brad paisley Demeter Dec 2013 #37
Current operations USPS Demeter Dec 2013 #38
We still have Saturday delivery DemReadingDU Dec 2013 #40
WIKIPEDIA NEEDS AN UPDATE...Yes, still Saturday Demeter Dec 2013 #42
A Letter to Socialists, By Gustave de Molinari (Economics, Politics, and a Letter!) Demeter Dec 2013 #39
Is NSA Screwing the Pooch? - TTG from Sic Semper Tyrannis (A Committee of Correspondence) Demeter Dec 2013 #41
Bitcoin Pirates Steal Your Computer Resources! Demeter Dec 2013 #43
Ian Fraser: The “Financial Terrorism” of Royal Bank of Scotland Demeter Dec 2013 #44
Wasn't RBS a major beneficiary of the AIG bailout? snot Dec 2013 #83
everybody's been bailing them out Demeter Dec 2013 #85
Alas! I have to go do something totally useless for pay Demeter Dec 2013 #45
I refer you to this discussion--it's a resource! Demeter Dec 2013 #46
Spanish firms obtaining more loans from overseas investors xchrom Dec 2013 #47
Makes one wonder Demeter Dec 2013 #48
poor spain. they have suffered at the hands of the banksters. nt xchrom Dec 2013 #49
Didja know? Post Office Murals jtuck004 Dec 2013 #50
So, it's 46F and sunny Demeter Dec 2013 #51
Some person in Post Office stole my shipment golfguru Dec 2013 #52
Why No Wall Street CEOs Were Prosecuted For Causing The Financial Crisis Demeter Dec 2013 #53
How the Postal Service is being gutted. hay rick Dec 2013 #54
Thanks for sharing DemReadingDU Dec 2013 #55
Internet is killing the post office golfguru Dec 2013 #56
There are still grandmas sending real cards to grandkids DemReadingDU Dec 2013 #65
USPS needs to be modernized Demeter Dec 2013 #68
I ordered several packages online in the couple of weeks before x-mas. Fuddnik Dec 2013 #57
I had a few packages delivered by Posts Office DemReadingDU Dec 2013 #67
FEDERAL HEALTH MARKET SURPASSES 1 MILLION SIGNUPS xchrom Dec 2013 #58
AP IMPACT: THE WORLD BRACES FOR RETIREMENT CRISIS xchrom Dec 2013 #59
HOW RETIREMENT SYSTEMS VARY, COUNTRY TO COUNTRY xchrom Dec 2013 #60
Japan's top business lobby agrees to raise base pay next year - media xchrom Dec 2013 #61
sunday kind of love xchrom Dec 2013 #62
Etta James - I'd Rather Be Blind (Live at Montreux 1975) xchrom Dec 2013 #63
Etta James -- Sugar on the Floor xchrom Dec 2013 #64
Which will be the big economies in 15 years? It's not a done deal xchrom Dec 2013 #66
Good article. More: snot Dec 2013 #84
Young People More Likely To Favor Socialism Than Capitalism: Pew antigop Dec 2013 #69
Musical interlude: Package delivery in the old days antigop Dec 2013 #70
How could I have forgotten that! Demeter Dec 2013 #71
From the Music Man DemReadingDU Dec 2013 #72
How the Postal Service Is Being Gutted Demeter Dec 2013 #73
Congress Has a Constitutional Duty to Preserve and Promote the Post Office John Nichols Demeter Dec 2013 #74
musical interlude: "Letter Song" from "Secret Garden" antigop Dec 2013 #75
Musical interlude: "The Letter" from "Billy Elliott" antigop Dec 2013 #76
"Dear Mom#1" from "Smile" antigop Dec 2013 #77
Elvis Presley: "Return to Sender" antigop Dec 2013 #78
Alan Sherman: "Hello Muddah, Hello Faddah" antigop Dec 2013 #79
"Unexpected Song" from "Song and Dance" antigop Dec 2013 #80
Barbara Streisand: "Letters That Cross in the Mail" antigop Dec 2013 #81
I know those, too! I have recordings of them Demeter Dec 2013 #82
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