Re:Government for Profit (Score 1)

Maybe this might be the answer to your question... direct from the USPS web site. In May 1969, four months after he became a member of President Richard Nixon's Cabinet, Postmaster General Winton M. Blount proposed a basic reorganization of the Post Office Department. The President asked Congress to pass the Postal Service Act of 1969, calling for removal of the Postmaster General from the Cabinet and creation of a self-supporting postal corporation wholly owned by the federal government.