.Rep. Alexandria Ocasio-Cortez 'We should have a not-for-profit public option for basic banking services, and we should be piloting these projects through the U.S. Postal Service' #postalbanking
The #SVBBailout that never had to happen and the now explicit #federalreserve guarantee of deposits of any size makes the logic of #postalbanking or FedAccounts even more compelling - thesoundings.com/2023/03/bustin…
#Postalbanking or its equivalent would finally separate payments processing from #bank lending and would basically eliminate the chances of the need for another #SVBBailout - thesoundings.com/2023/03/bustin…
Another great analysis by Cory; and another good reason to beef-up consumer protections, kick Republicans out of office, and re-start #PostalBanking
campaignforpostalbanking.org
Of *course* you need to read this whole Thread by Cory. That's just a given... 🤣
In particular we need to bring back #PostalBanking : End the cycle of the rich playing moral hazard roulette, followed by the poor having to socialize the enevitable losses.
campaignforpostalbanking.org
Major banks thrive on hidden fees, but Charlie found a better way with #PostalBanking . Discover how the #USPS can provide safe and transparent financial services this #FinancialLiteracyMonth .
Watch: youtube.com/watch?v=mEbj-z…
India Post Payments Bank is attracting global attention!
Delegates from 25+ countries, including Gates Foundation Cochairs visited India. They learned about IPPB's #PostalBanking model & its delivery channel that delivers financial services to India's far corners #DFS #BuildingforBharat
Bringing back #PostalBanking would make important inroads into correcting the historical racial inequities that shape the U.S. financial system to this day.
Read more at BankingFair.org
#BlackHistoryMonth #SavethePostOffice
The constant crises of #LateStageCapitalism should be encouraging us to replace the damn system, not keep bailing out badly-run #banks and #corporations with public money.
#NationalizeTheBanks #PublicBanking #PostalBanking #anticapitalist
Don't miss Angie's powerful story of dealing with banks and check cashers. See how postal banking can make a difference.
Watch now: youtu.be/PrU9OZMYsYg?fe…
#PostalBanking #BankingFair #SaveThePostOffice
'I understand banks are a tool that we have to use in our society, but I’m also under no illusion of what they are doing & who they think is worth preying on.' -Mandla on why we need #PostalBanking
Watch his story at BankingFair.org #SavethePostOffice #BlackHistoryMonth
We need leadership with enthusiasm to build the USPS of the future by expanding services that will bring in new revenue like #PostalBanking instead of DeJoy’s focus on slow downs and price hikes.
Tell Biden to #SaveThePostOffice here: bit.ly/BoG
Charlie's experience with misrepresentative bank charges highlights the need for postal banking. Learn how it can save you from unnecessary fees.
Watch now: youtu.be/mEbj-zYcqkc?fe…
#PostalBanking #BankingFair #SaveThePostOffice
WHY IS HE STILL HERE, SABOTAGING THE POST OFFICE?!?
#FireDeJoy
Re-start #PostalBanking
apwu.org/postal-banking
#SaveThePostOffice
apwu.org/savepostoffice
Hey look! FirstOntario Credit Union just tried this on me, with stupid PayPal overcharges. Not that most #Canadian #banks arent a horror show, even by US standards. Need #Postalbanking . #onpoli
Bank Of America Fined For DESTRUCTIVE Exploitation Of Customers youtu.be/keQNsTKlElo
President Biden Biden: Strikecwhile the iron of hot!
1) #FireDeJoy
2) Bring back #PostalBanking