So Rep. Alexandria Ocasio-Cortez not only says the government should be in control of banking, but she says that it should be done through the Postal Service.
“You have post offices in almost every community in America. They should be available to provide basic banking services so that people do not have to go into payday lenders.”
So AOC not only says the government should be in control of banking, but she says that it should be done through the Postal Service.
Not a joke:
The U.S. Postal Service lost $3.6 BILLION in the 2018 fiscal year.pic.twitter.com/u5aGwYfKvD
— Caleb Hull (@CalebJHull) May 9, 2019
Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) unveiled legislation Thursday aimed at fighting predatory lending practices of banks and to protect consumers from “exorbitant” credit card interest rates.
They also propose giving the U.S. postal service the ability to conduct basic banking services, allowing people to cash paychecks, transfer money electronically, and pay bills.
“An additional crisis, but part of this whole situation is that many poor people don’t have access to banking services, because the big banks are not worried about somebody who makes $10 an hour. They can’t make enough money for that, so we have got to move toward universal banking through the postal system,” Sanders said in a livestreamed video on Facebook and Twitter.
“You have post offices in almost every community in America. They should be available to provide basic banking services so that people do not have to go into payday lenders,” Sanders said, adding, “If you think Wall Street is disgusting, think about payday lenders charging people 100 -150 percent interest rates.” More
Oh great so not only will the U.S. Postal service deliver my neighbor’s mail to my address and vice-versa, but they could also deposit my money into my neighbor’s account and vice versa, wonderful!
— Brother Stephen ✝️🇺🇸🇮🇱✡️ن (@SP_Holman) May 10, 2019
She’s explicitly in the business of saying things that sound sort of right if you don’t think about them. Her answer to your question (once her handlers train her well enough) would be that the government will just back everything. Rainbows. Sunshine. Etc.
— Dave Rubin (@RubinReport) May 10, 2019
I thought the AOC parody account was removed from twitte
— Ashley W. (@AshWhitt_512) May 10, 2019
Bless her heart…
— maybe it’s just me (@mammacita830) May 9, 2019
Government dependency. We can’t allow these people to gain any more power than they already have.
— Randall Amburn (@AmburnRandall) May 10, 2019