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AOC calls for a public option for banking services

SFGbobSFGbob Member Posts: 31,920
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in Tug Tavern
I swear, I didn't hear this before I made my prediction earlier today.

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    SFGbobSFGbob Member Posts: 31,920
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    edited May 2019
    A government run banking system run through the US postal service. Gosh, what could go wrong?


    The U.S. Postal Service on Wednesday reported a financial loss for the 12th straight year, citing declines in mail volume and the costs of its pension and health care obligations, as the agency braces for an upcoming report ordered by President Donald Trump to address its “unsustainable financial path.” …

    The Postal Service reported a loss of $3.9 billion for the budget year that ended Sept. 30, compared with a $2.7 billion loss the year before.
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    SoutherndawgSoutherndawg Member, Swaye's Wigwam Posts: 8,234
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    Socialist gonna socialist.
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    BendintheriverBendintheriver Member Posts: 5,300
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    FFS. If you thought Fannie and Freddie were disastrous and cost the world trillions, wait until this nitwit and her buddies set up a banking system. This is the worst idea since democrats thought it was a great idea to elect Jew haters to congress. They just keep on one upping themselves in rapid fashion. Most "worst" ideas take decades to one up but not those of the modern day democrats.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,251
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    Swaye's Wigwam
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    UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 14,202
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    We should probably have a central bank.
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    PurpleThrobberPurpleThrobber Member Posts: 41,808
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    A bank run by the federal government was adamantly opposed by Thomas Jefferson and Andrew Jackson (Hi, @Swaye) put a fork in it.

    AOC's been listening to the Hamilton soundtrack too much.

    Maybe she'll put out a tittay dance video with those tunes.....



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    MikeDamoneMikeDamone Member, Swaye's Wigwam Posts: 37,781
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    People need access to checking accounts. It’s not fair that they don’t have that access.
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    SFGbobSFGbob Member Posts: 31,920
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    MikeDamone said:

    People need access to checking accounts. It’s not fair that they don’t have that access.

    Checking accounts are a right. And you can't just provide people with checking accounts and not give them money to put into those accounts that would be unfair and racist.
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