Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

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: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
"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
Wed Apr 2, 2014, 07:48 PM
Apr 2014

of Missing Planes.

Thanks for posting this!

Latest Discussions»Retired Forums»Progressive Media Resources Group»"How USPS Could Save...