Salvaging the Post Office: Turn It Into A Bank?

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“This most inefficient of agencies filled with self-loathing employees and merciless unions is now to be specially dedicated to helping poor people with banking services and so-called payday loans. In this article posted at the Huffington Post, Senator Warren indicates that she is going to try to provide the USPS with the opportunity to offer these additional services. The upshot will be predictable, of course. USPS will do to poor people just what it has done to the letter-receiving public … provide ever diminishing services for ever more expensive fees: a panacea neither for USPS nor for the working poor now receiving the services they need from various private-market vendors.”

http://www.thedailybell.com/news-analysis/34999/Salvaging-the-Post-Office-at-the-Expense-of-the-Private-Sector/

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