good morning, fritz. >> caller: good morning. i'm a letter carrier here in tucson and a lot of people don't realize the mail this 24 hours a day, seven days a week. if you take one day i wake of saturday's delivery, everybody will be like a day after a holiday as far as volume and things would slow down quite addictive it would be overturned for monday, tuesday wednesday probably for the carriers. so i don't know how much money that would save and also the pre-funding of health benefits. >> host: fritz, before you go offline, since you're a career professional the postal service and he notes that economic challenges, what would your answer be? >> caller: well, if you address the pre-funding of the health benefits for retirees, which no government agency has to do according to the literature that i received the union and from the postal service that would pay all of our debts and then some. >> host: ruth goldway. >> guest: yes, the letter carriers, as i am very involved in the postal world she knows a lot of the details. the major

thank you very much, linda and fritz. have a great week. >> thank you. >> cnbc's senior economics reporter steve liesman joins us now with more breaking headlines on the goldman case of alleged fraud. steve, what do you have? >> erin, thanks very much. cnbc has learned that a former top lieutenant to john paulson told investigators that the multibillion dollar hedge fund struck only one deal of the type that is the focus of the s.e.c.'s case of alleged fraud against goldman sachs. paolo pellegrini, according to a source close to him, told attorneys that paulson struck only one so-called bespoke or subsidized collateralized obligation with goldman sachs that a neutral third party or collateral collection agent. paulson did one of the deals in question with goldman, but this is the only one that had that neutral third party, which is central to the allegation of fraud in this case. in addition, pellegrini told investigators that paulson approached other banks about doing such a deal, but the since-failed aca was the only cd

fritz hollings interestingly enough as a center on conduct ding useful dialogue. i am not sure you can even understand for it. [laughter] but in a certain sense their careers have been institutionalized after they have gone, so again, something to look at after the senate. so it seems to me that longevity has come opportunity. you can do well, you can make norma-- more money. you can do good and honestly you can have fun. for bob dole doing that health care was fun. george mitchell has worked hard but i think he has had a lot of fun at it as well. many of these individuals stay with politics. but without the pressure of going to bed at 3a clock in the morning, getting up at 9:00 in the morning to continue the photo rama of the last 24 hours. so, the senate may be the accolade of most of the senators political careers but it is certainly not be in. and also it raises questions about choosing to stay or choosing to leave. if in this congress we have been talking about, service becomes too burdensome, if running for election, not just two years now as they would do i

trent lott has a center, fritz hollings interestingly enough has a center on conducting useful. i'm not sure you can even understand him. but in a certain sense the careers have been institutionalized after they have gone. so again, something to look at after the senate. so it seems to me that with the longevity has come opportunity. you can do well and make more money or you can do good and honestly you can have fun. for bob dole doing health care was fun. george mitchell worked hard but i think he had a lot of fun at it as well. you see many of these individuals stained with politics but without the pressure of going to bed at three in the morning, getting a put mine in the morning to continue the vote of the last 24 hours. so, the senate may be the acme of most of the senator's political career but it's certainly not the end. and also it raises questions about choosing to stay or choosing to leave. if in this congress that we have been talking about surface becomes too burdensome, if running for the reelection not just two years now as they would do it in the 1950's, for year

at the straw poll is that the last person who won the straw poll, i think, was back in '06 was bill fritzher establishment guy who ended up not even running for president, probably wouldn't have made a very dynamic presidential candidate but that's kind of something to think about. it's not indicative poll. >> okay 0. so, then, eleanor with emily's descriptions of romney and paul, we have to get the sarah palin fa factor. who gets a lot of attention. where does she fall in here because she lacks votes and is this a real problem if she decides to run? is she electable? >> she owns the far right and they are providing a lot of energy in this election season and presumably they will in 2012 but her negatives are high. she energizes her opponents as much as her supporters so i think she plays a critical role but i do not see she is electable. it's hard to imagine all the guys lining up to run in the republican primary won't figure out a way to decimate her in the debates that would lead up to the voting in the primaries in 2012. >> okay. ladies, we have to scoot. more to come with both of you

this is fritz. guest: imf letter carrier here in tucson. people do not realize that the male moves 24 hours a day, seven days a week. if you canceled saturday delivery, every monday would be like the day after a holiday, in terms of volume. over time for monday, tuesday, wednesday, probably for the carriers. host: before you go, since you are in a career professional in the postal service, you know there are economic challenges. what would your answer be? guest: well, if we address the pre funding for retirement benefits, which no other government agency has to do, according to literature i have read, that could pay for all of our debts and then some. guest: yes, letter carrier -- the major problem that the service is facing is not the cost for saturday delivery. it is the burden of providing a prepaid health care fund of $5.5 billion each year. in legislation passed in 2006, the post service is required to refund its health-care retiree benefits. no other government agency does that and very few private sector companies do. for the past th

trent lott has a center, fritz hollings interestingly enough has a center on conducting useful.i'm not sure you can even understand him. but in a certain sense the careers have been institutionalized after they have gone. so again, something to look at after the senate. so it seems to me that with the longevity has come opportunity. you can do well and make more money or you can do good and honestly you can have fun. for bob dole doing health care was fun. george mitchell worked hard but i think he had a lot of fun at it as well. you see many of these individuals stained with politics but without the pressure of going to bed at three in the morning, getting a put mine in the morning to continue the vote of the last 24 hours. so, the senate may be the acme of most of the senator's political career but it's certainly not the end. and also it raises questions about choosing to stay or choosing to leave. if in this congress that we have been talking about surface becomes too burdensome, if running for the reelection not just two years now as they would do it in the 1950's, for years

this is fritz. guest: imf letter carrier here in tucson.eople do not realize that the male moves 24 hours a day, seven days a week. if you canceled saturday delivery, every monday would be like the day after a holiday, in terms of volume. over time for monday, tuesday, wednesday, probably for the carriers. host: before you go, since you are in a career professional in the postal service, you know there are economic challenges. what would your answer be? guest: well, if we address the pre funding for retirement benefits, which no other government agency has to do, according to literature i have read, that could pay for all of our debts and then some. guest: yes, letter carrier -- the major problem that the service is facing is not the cost for saturday delivery. it is the burden of providing a prepaid health care fund of $5.5 billion each year. in legislation passed in 2006, the post service is required to refund its health-care retiree benefits. no other government agency does that and very few private sector companies do. for the past thre