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Man Buys $8,000 Worth Of Forever Stamps

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matcom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-17-07 07:49 AM
Original message
Man Buys $8,000 Worth Of Forever Stamps
<snip>

A guy walks into a post office and buys $8,000 worth of stamps.

Sounds like the start of something, but there's no punch line.

Someone walked into the post office in Camp Hill the other day and bought $8,000 worth of Forever Stamps.

The Forever Stamp is a 41-cent stamp that debuted last month. If you buy one, you can use it now and forever -- no matter where the cost of a stamp soars.

"It's not really designed to be an investment," said Mark Hnasko, a spokesman for the U.S. Postal Service in central Pennsylvania.

In fact, when the Postal Service unveiled the stamp in Philadelphia on April 12, it focused on convenience, not savings.

The Forever Stamp, which features a likeness of the Liberty Bell, brings "freedom and independence from using 1- and 2-cent stamps for mailing letters when stamp prices change in the future," the Postal Service said.

Note: That's when they change, not if.

http://www.pennlive.com/news/patriotnews/index.ssf?/bas...
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AllegroRondo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-17-07 09:30 AM
Response to Original message
1. part of the "forever stamp" law change
was a bit that allows the post office to increase rates WITHOUT approval as long as its in line with inflation. So you can bet rates will go up yearly.
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