USPS Going Private? & SoftBank Makes $100B Bet on AI in America

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Could the United States Postal Service be privatized?

Toby Howell 0:30
Then Germany is riding das Struggle Bus after its government collapsed under the weight of economic turmoil. It's Tuesday, December 17th. Let's ride.
Neal Freiman 0:44
Have you noticed that people are randomly talking about Interstellar a lot, even though the movie came out in 2014? Well, it's probably because Christopher Nolan's space epic has returned to IMAX theaters for a few weekends now and just became the highest grossing IMAX re-release of all time, earning $17.4 million already in its run. It started a bunch of chatter online about which movie or movies should be the next on the docket for an IMAX re-release. I know you've got some ideas, Toby.
Toby Howell 1:13
I've got some ideas. One of my favorite movies of all time is Mad Max Fury Road, which would undoubtedly slap in the IMAX format. But also thinking of good movies to re-release in IMAX is kind of boring. So my mind went to what would be the worst movie of all time to release in IMAX. And I think the answer has to be Cats. I mean, the movie adaptation of the Broadway musical that catified everyone from... Ja, ironisch gesagt. Hast du einen Film, den du rereleasten möchtest?
Neal Freiman 1:54
Die Filmkritiker von Variety haben eine Liste zusammengelegt und sie waren ziemlich gut, also sage ich nur fünf von ihnen. Pulp Fiction wäre großartig. Gravity, das ist ein anderer Spacefilm, den Leute sagen, ist noch besser als Interstellar. Das wäre also eine sensorische Überlösung. Fight Club könnte gut sein. Und dann Casino Royale, einer der besten Bond-Filme aller Zeiten. Und endlich Blade. Siehst du, es ist furchtbar, gute Filme zu denken, weil natürlich sind sie gut. Ja, es ist nicht so überraschend.
Toby Howell 2:20
Now a word from our sponsor, Range Rover Sport. Neil, one thing about the Range Rover Sport is you're going to get a machine with exceptional balance.
Neal Freiman 2:28
A balance between on-road performance and off-road capability of sophisticated refinement and visceral power. But just because it's balanced doesn't mean it's playing it safe. This car is for the leaders in your life, the risk takers. Das ist LandroverUSA.com. Ja. Ja. Ja. But its business model is collapsing. Its main revenue source, people sending Mother's Day cards and wedding thank you notes, has plunged into the past few decades, leading to a net loss of $9.5 billion in the last fiscal year. Advisors to Trump think the USPS would be better off left to its own devices rather than being subsidized by the government. So they've recommended cutting it loose, the Washington Post reported over the weekend. At a press conference yesterday, Trump confirmed the rumors, saying there is talk about the Postal Service being taken private. Not the worst idea I've ever heard. It really isn't. He added that we are looking at privatizing the service.
Neal Freiman 3:57
Tobi, turning the USPS into a for-profit entity would be a seismic event for the trillion-dollar e-commerce industry, likely leaving small businesses and rural communities in the lurch. Do you think it would ever get the stamp of approval?
Toby Howell 4:10
Es ist schwer, weil der Postal-Service einer der amerikanisch am liebsten verehrten föderalen Agenzen ist. Es trägt nur den Nationalpark-Service in einem 2024-Research-Studium der am liebsten aussehenden Ausgaben auf diese Geräte. Aber es ist dieses Ziel geworden, insbesondere in dieser Ära der DOS-Gewerksfähigkeit, die wir in die Zukunft treten werden. It has been a popular target to potentially become privatized so it could save the government a little bit of money. The Postal Service is a loss-making machine. It lost $9.5 billion in the last fiscal year. It has $80 billion in liabilities on its balance sheet right now. So obviously it's going to come up as maybe a hot-button issue when you are trying to cut costs from the government.

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