Progressive Media Resources Group

rhett o rick

(55,981 posts) Thu Mar 27, 2014, 11:11 AM Mar 2014

"How USPS Could Save the Economy, Change Your Life"

Tens of millions of Americans are totally without bank access or have minimul bank service. Having banking services via the USPS could fix that problem and end dependence on "payday" loan sharks.

See the article in "The Progressive Populist" by David Dayen where he lays out ten problems that can be solved by setting up the USPS for banking including "Stabilizing the Postal Service."

"...according to the inspector general report, the Postal Service may explore it {banking} under its existing authority, rather than having to hope for an act of Congress."

http://www.populist.com/20.6.dayen.html

Cross posted in GD.

1 replies

= new reply since forum marked as read

Highlight:

"How USPS Could Save the Economy, Change Your Life" (Original Post) rhett o rick Mar 2014 OP

Let's hope this is going somewhere "under the radar" ...past Cold War and News KoKo Apr 2014 #1

KoKo

(84,711 posts)

1. Let's hope this is going somewhere "under the radar" ...past Cold War and News

Reply to rhett o rick (Original post)

Wed Apr 2, 2014, 07:48 PM

Apr 2014

of Missing Planes.

Thanks for posting this!

Reply to this discussion

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Progressive Media Resources Group

rhett o rick

"How USPS Could Save the Economy, Change Your Life"

KoKo

Kick in to the DU tip jar?

Tell me more...