Bernie Sanders
Related: About this forumBernie Sanders's Highly Sensible Plan to Turn Post Offices Into Banks
by JOE PINSKER
In an interview with Fusions Felix Salmon the day after last weeks Democratic debate and published Tuesday, Senator Bernie Sanders discussed the marquee features of democratic socialism hes been tirelessly calling for during his presidential campaign: higher taxes for the wealthiest Americans, an increased minimum wage, and breaking up the biggest Wall Street banks.
Salmon also raised a possibility that has not been as prominent in Sanderss stump speeches, but animates him nonetheless: turning the U.S.s post offices into banks. Sanders:
In fact, Sanderss idea is quite sensible. Postal bankingwhich just means that post offices run savings accounts, cash checks, and perform other basic financial servicesis common in most of Asia and Europe, and only about 7 percent of the worlds national postal systems dont offer some bank-like services. Postal banking is a really good way to reach people who havent had access to standard savings accounts. One estimate figures that more than 1 billion people have used post offices for making deposits.
more
http://www.theatlantic.com/business/archive/2015/10/bernie-sanders-lets-turn-post-offices-into-banks/411589/
CurtEastPoint
(18,638 posts)enforcing of their funding the healthcare pensions for what... 75 years? Clear ploy by the GOP to shut it down, privatize it, because it's unionized.
newfie11
(8,159 posts)Kilgore
(1,733 posts)The bills requiring pre funding had huge bipartisan support. The story on how they were passed is best told at this link;
http://www.democraticunderground.com/10022335782
There were plenty of Dems who have dirt on their hands also.
daleanime
(17,796 posts)yes.
Triana
(22,666 posts)Scuba
(53,475 posts)daleanime
(17,796 posts)Babel_17
(5,400 posts)IIRC it was on that BBC show where I first heard of this. Patsy thought she was broke then later on found out she had squirreled away loot in her Post Office account.
Edit: Yup! http://www.comedy.co.uk/guide/tv/absolutely_fabulous/episodes/2011/1/