Article

2018-04-28 Government

Kirsten Gillibrand Unveils A ~~PX/BX~~ Post Office Public Option For Banking

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Posted by Besoeker 2018-04-28 08:51|| || Front Page|| [11127 views ] Top

#1 Failing Postal Service made even larger? The 'company store' solution. Gov't milk, bread and bologna? Someone please tell me, WTF is wrong with these people in Washington ?

Yea, we used to sell postage stamps, but now we sell lotto cards, beer, and weed. Have you been waited on ?

They've got it arse backwards per usual. Put the Post Office back in the corner of an existing store like it was in the 1930's through the 1950's. Walmart and Target would probably provide rent-free space just to facilitate the buyer traffic.

As the USPS entitlement employees retire and die off, replace them with Walmart employees. They handle your prescriptions and drugs, why can't they handle the mail ?

Posted by Besoeker 2018-04-28 08:58|| 2018-04-28 08:58|| Front Page Top

#2 Failing Postal Service made even larger?

Well, if you look on it as a corporation, yes. If you look at it as a Constitutional mandate (Art.1, Sec 8), its working as intended. Banking was never its mandate.

You notice she's sticking USPS with it. Banking was/is a Treasury function. See Alexander Hamilton and the First Bank of the United States. Hamilton wasn't a Marxists. If we're going to bail banks out, better it would be the government's bank, not money institutions which are part time money laundering schemes for 'insurance' purchases.

Posted by Procopius2k 2018-04-28 09:31|| 2018-04-28 09:31|| Front Page Top

#3 a policy idea that has already won the support of liberal economists and anti-poverty activists

That alone tells me it is a bad idea.

Posted by SteveS 2018-04-28 10:03|| 2018-04-28 10:03|| Front Page Top

#4 All the pleasure of Banking with the courtesy and customer service of the DMV. "Check's in the mail" never sounded worse

Posted by Frank G 2018-04-28 10:31|| 2018-04-28 10:31|| Front Page Top

#5 Coal shovels, button hooks, and curb feelers....where did they all go ?

Posted by Tyranysaurus the Wide9740 2018-04-28 10:55|| 2018-04-28 10:55|| Front Page Top

#6 Turning the nation’s sprawling network of U.S. Postal Service facilities into places where working-class and low-income Americans who lack adequate access to commercial banking can obtain low-cost, short-term loans.

So if you couldn't qualify for scams like Freddie Mac, Fannie Mae or Sallie Mae never fear. Now the government is gonna turn your local postal workers into loan sharks.

Posted by Abu Uluque 2018-04-28 12:56|| 2018-04-28 12:56|| Front Page Top

#7 Kirsten is from the government, and she's here to help us.

Posted by Matt 2018-04-28 13:02|| 2018-04-28 13:02|| Front Page Top

#8 Get more into debt, the globalist will love it.

Posted by Bright Pebbles 2018-04-28 13:29|| 2018-04-28 13:29|| Front Page Top

#9 Do I need 'six days per week' dump of junk mail? NO! Cut non-business delivery back to 3 days per week and SAVE !

What is so difficult about that ?

Posted by Besoeker 2018-04-28 13:35|| 2018-04-28 13:35|| Front Page Top

#10 So my Social Insecurity checks go to the Post Office, get deposited in the Post Office Bank then get garnered for fees, taxes and fines by the IRS?

Posted by Skidmark 2018-04-28 14:15|| 2018-04-28 14:15|| Front Page Top

#11 so-called banking deserts, or zip codes that have either no bank branches or just one

If the business opportunity made economic sense, there'd be more. Either the population is spread too thin, or doesn't feel underserved (in which case there'd likely be a co-op community bank or a credit union). Kirsten wants EBT/Banking/Voter Registration/Passport Service all in one spot

Posted by Frank G 2018-04-28 15:51|| 2018-04-28 15:51|| Front Page Top

#12 ...The point is to have people putting more of their money into the government's hands. Because the government will borrow it for good purposes, and they PROMISE it'll be paid back.

Mike

Posted by Mike Kozlowski 2018-04-28 16:04|| 2018-04-28 16:04|| Front Page Top

#13 Like Democrat's 401K IOU proposal to "invest" your money for you with a guaranteed payout. ~~Ponzi~~ Social Security II

Posted by Frank G 2018-04-28 16:27|| 2018-04-28 16:27|| Front Page Top

#14 First clean up the government corruption and then we can talk. We don't want to create another opportunity for corruption via the PO.

Posted by JohnQC 2018-04-28 16:46|| 2018-04-28 16:46|| Front Page Top

#15 Kirsten wants EBT/Banking/Voter Registration/Passport Service all in one spot
Posted by Frank G

Don't forget the beads and coffee. Beads, coffee, blankets, hard rock candy, don't forget.

Posted by Besoeker 2018-04-28 17:32|| 2018-04-28 17:32|| Front Page Top

#16 "Hard rock candy. It's not for eating. It's for looking through"

Posted by Frank G 2018-04-28 17:37|| 2018-04-28 17:37|| Front Page Top

#17 Kirsten wants EBT/Banking/Voter Registration/Passport Service all in one spot
Posted by Frank G

They can roll health care into it and make sure you're voting the right way before you're allowed your potassium supplements.

Posted by Thing From Snowy Mountain 2018-04-28 19:54|| 2018-04-28 19:54|| Front Page Top

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