other thing we re required to pre fund employee health benefits, 5.5 billion a year. you re paying 3 billion dollars a year in retirement health pensions, not health, but pensions and 8 billion in health benefits for a whopping total of 11 billion dollars, you re paying former postal employees. the question tonight, what is a post office dilemma tell us about big government? joining us from washington, fox news analyst charles krauthammer. it always comes back to this, in the public sector, they run out of money and the taxpayers can t keep up and the pensions and health benefits bankrupting states and we saw it in wisconsin and ohio and now the post office. i think the post office as we know it is going to vanish in the next five year. it should vanish because the other mean the post master general spoke about, which is they re obsolete. we ve got e-mail, we don t need them. they re not talking about cutting out overnight first class mail.
other thing we re required to pre fund employee health benefits, 5.5 billion a year. you re paying 3 billion dollars a year in retirement health pensions, not health, but pensions and 8 billion in health benefits for a whopping total of 11 billion dollars, you re paying former postal employees. the question tonight, what is a post office dilemma tell us about big government? joining us from washington, fox news analyst charles krauthammer. it always comes back to this, in the public sector, they run out of money and the taxpayers can t keep up and the pensions and health benefits bankrupting states and we saw it in wisconsin and ohio and now the post office. i think the post office as we know it is going to vanish in the next five year. it should vanish because the other mean the post master general spoke about, which is they re obsolete. we ve got e-mail, we don t need them. they re not talking about cutting out overnight first class mail.
other thing we re required to pre fund employee health benefits, 5.5 billion a year. you re paying 3 billion dollars a year in retirement health pensions, not health, but pensions and 8 billion in health benefits for a whopping total of 11 billion dollars, you re paying former postal employees. the question tonight, what is a post office dilemma tell us about big government? joining us from washington, fox news analyst charles krauthammer. it always comes back to this, in the public sector, they run out of money and the taxpayers can t keep up and the pensions and health benefits bankrupting states and we saw it in wisconsin and ohio and now the post office. i think the post office as we know it is going to vanish in the next five year. it should vanish because the other mean the post master general spoke about, which is they re obsolete. we ve got e-mail, we don t need them. they re not talking about cutting out overnight first class mail.
smut. neil: 11 billion dollars. they re a behemoth bank. dollar for dollar. neil: do you know how much wells fargo gave to minority businesses last year? now, neil, this is very 7 billion dollars. no, no, no, i m not taking sides, i m just telling you he wh you urge people to pull money out of these institutions. it s their money. neil: what they re doing wait, you are also telling them to pull money out of the institutions for all they re doing good. i think you re really making sort of factual argument. neil: it is a factual argument. i said an facile. and they have the roux i to do with their money and and in i want to go to a credit union that doesn t do pay day lending. neil: your credit union has the resources to give to these enterprises you value nearly as much as some of the big banks. well, here is the key, here is what we can see.
the house is now on vacation and some members are expected back thursday to approve the measure. home prices meantime, were up in july for the fourth straight monh. the standard and poor s index showed prices rose in 17 of 20 major cities surveyed. stocks were up again today. the dow added 147. the s&p 500 gained 12 1/2. the nasdaq finished ahead 30. greece s financial minister says the country will receive its next installment of bailout money in time to avoid default. that s around 11 billion dollars. but the austerity measures, greece has undertaken to qualify for that money prompted more protests today by workers in the finance ministry. back in this country, many people blame president obama s health care law for some of of our economic troubles. an and those those people have one more reason to dislike the plan. correspondent shannon bream explains. as the legal battle over the president s health care law continues, the administration also has a new public relations battle on i