YES! It would help save the USPS & save Americans money on fees!
95%
NO! They can't even get mail right. Keep them away from our money!
5%
Asked on Mar. 7, 2014 11:32 am
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Obviously email and texting has taken a big bite out of the USPS revenue. Giving the government the ability to handle banking with less fees is a no-brainer. What infuriates me is the arrogant conservative pigs that think they know it all and that government can't do anything right compared to private enterprise. The truth is something serviced or produced by the government does not have profit as its goal. It has a JOB WELL DONE as its goal. Grover Norquist wants to drown our government in a bathtub. Well I say the government needs to drown HIM in the bathtub! These looney conservatives think the taxpayer dollars all belong to them and they need to funnel them all to their friends and family, particularly the 1%. So far they have been doing a splendid job of it, but America is like Popeye. We can only stands so much... and then we can't stands no more!
Yes....the banks can't seem to be fair with people, maybe the USPS can be
I have another SUGGESTION:
Have the POST OFFICE set a COMPUTER with camera and ISSUE National VOTER ID .
This system is used in SAMs CLUB .they give you a card in 3 minutes. FREE
Post Office could charge 5 dollars or if GOP thinks VOTER ID is SO important then can set aside some $$$$ for this.
The documents needed could be Driver license and if not SS number + address + utility bill. ALSO toprevent any cheating it should be stated that anyone who gives FALSE INFORMATION would be BANNED for life from VOTING.
What is so UNFAIR about Banks ?
they have to charge something . Some Bank fees may be excessive. There are credit Unions too.
But i think that Post Office could do what the PAYDAY Loan sharks Cash do ie cash checks of those who cannot afford bank account to deposit or cash their wages
Pay day loan system has made. poor people even poorer.
That would be great..............
Having been a banker myself, before branch banking was legal (1976), I can tell you that banks, by their very definition are UNFAIR. They do nothing except make profit from interest rates, which they charge from lending out other peoples money. When those loans became too risky (which by itself should be criminal, based on fiduciary responsibility) then they somehow convinced their puppets in Washington to bail them out. The average American loses trillions in income and life savings, which the rich somehow made out like bandits.the entire banking system would be better off if it was a part of the government. the government has huge regulatory divisions designed to prevent banks failures, but for some reason they looked the other way as mortgages for 250k were being made to people making 10 dollars and hour. How could this be? Because the banks only required deposit slips for income verification. So if you happened to be a drug dealer, this was a great opportunity to get a huge loan based on illegal funds. This practice was totally unfair to hardwrking Americans who didn't realise this practice was not only going on, but would be a large reason they lost the equity in their homes. Another unfair banking ploy was the ARM. (Adjustible Rate Mortgage). I believe these were illegal when I was a banker or perhaps they were just not needed, since the prime rate back then made for affordable fixed mortgages. It was when the prime rate flew up to 21% in 1980 that the ARM became popular. Then after 2010 they became selling tools for preditory lending. It is amazing what interest rates can do to a mortgage payment. The average consumer who takes out an ARM is never prrepared for the interest rate jump when it hits. This was the othe lending practice that led to the mortgage meltdown. Yes the post office could help those poor folks who cannot bank accounts, but the real unfair part is yet to come. Interest rates. The Fed has kept interest rates at near zero for years now, but once it starts to creep up then you will see how they will make trillions more for doing nothing different. I call that unfair.
WILLIAM KING
You seem to know a LOT. The Federal GOV is the ULTIMATE NON PROFIT Organatiztion NGO !
BTW Do you know that Norquist predicted that there would be A PERMANENT REPUBLICAN MAJORITY ! ?
Well, someone asked him HOW Can that be ? we have elections every 2 years. NORQUIST replied immediately :"WE WILL MAKE IT SO , that NO DEMOCRAT CAN GOVERN AS A DEMOCRAT "
This was told on C-Span by GOV Deval Patrick who wrote it in his book " A REASON TO BELIEVE "
USPS had invented the FLAT RATE (one rate ) no matter what weight as long as it fit in the packages.
WELL FEDEX copied (plagiarized ) from the GOV Postal Service .......meaning that GOV can INNOVATE.
Private Sector is not always better or more affordable. If PRIVATIZATION occurs as in the PRISON Industrial Complex It will hurt people in their pocket books.
PRIVATIZATION is the NEW EVIL.
I agree privattization is an evil that turns our non-profit government into a for profit organization. Bear in mind, profits are for the owners/shareholders of the selected contracted companies. These profits are not given to the workers, which is why the destruction of our collective bargaining system is also a major part of the problem. When FDR came out with the New Deal it was pure genius how he addressed so many problems in our system and fixed them to favor the majority of Americans is nothing short of incredible. To have something like that presented now would be laughable. Why? Because America has been brainwashed into believing that the 1% knows best and that they best represent "hardworking Americans". If every American took a course on the New Deal and another course on its disolution, they would easily see, regardless of party afilliation, how over the last 50 years wealth and income of the nation has polarized to dangerous levels. Banking reform was a major part of the New Deal and the repeal of Glasss Stegal Act, which was part of the New Deal that kept banks and security firms separate FOR A GOOD REASON, was eliminated during Clinton's administration. No party is blameless, but the vast majority of blame belongs with the republicans. I would venture to guess abut 90%. time for a now New Deal, but how can we get our politicians to go along with it?