The connection between Fred W. Smith, CEO of FedEx and the Cato Institute, which has been pushing for postal privatization, is mentioned above. More on Mr. Smith:
The Postal Service's largest vendor: FedEx.
Unlike USPS and UPS, FedEx is regulated by the Railway Labor Act, making union organizing much more difficult.
The crippling health care pre-funding mandate was contained in the Postal Accountability and Enhancement Act of 2006 which was signed into law by George W. Bush. Bush and Smith were fraternity brothers at Yale and both were also members of Skull and Bones.
From Smith's Wikipedia biography:
On January 31, 1975 Fred Smith was indicted for forgery by a Federal Grand Jury. The suit was filed by Smith's two half-sisters, Fredette Smith Eagle and Mrs. Laura Ann Patterson. The lawsuit alleged that Smith had forged documents to obtain a $2 million dollar bank loan and that he and executives of his family's trust fund had sold stock from the fund to a loss of $14 million dollars. A warrant for Smith's arrest was issued for which Smith posted bond with Federal Authorities in Memphis.
The same evening of his forgery indictment Smith was involved in a fatal hit and run whereby he killed a 54 year old black handyman named George C. Strughill. Smith was arrested and charged with leaving the scene of an accident and driving with an expired license. He was released on a $250 dollar bond.
This was not the first time Smith was involved in a fatal car accident. During his first summer break from Yale, Smith was back in Memphis driving out to a lake with friends when he lost control of the car he was driving causing the vehicle to flip killing the passenger in the front seat. The cause of the accident was never determined.
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