Cash-Strapped USPS to Become a Bank?

[NeverEndingMe]

wow, government workers are slackers ... postal workers take slacking to a new level of abuse and now they want to become a bank?

is the union high on crack?

Postal banking can help make the U.S. Postal Service more viable, say representatives of the American Postal Workers Union (APWU) who plan to put the banking proposal on the bargaining table on Thursday during the opening day of union negotiations with the USPS.

 

[Lord Pmann]

They've done well getting a package from point A to point B with only millions of dollars of loss over the years. Why wouldn't they be able to also run complex financial transactions as well?!?

 

[bobbyinhouston]

usps

Great! Now I have to stand in line for over an hour just to deposit MY hard earned money and deal with a surly usps/ bank employee............Wait I do that now.

I think I'll go put my money in a coffee can.

 

[NeverEndingMe]

I'm not sure that we can even trust the USPS with "Mail"

thank God, nothing important has to go through that cluster fuck enterprise

 

[rosco rathbone]

Safe to say that the prospects of a Nipponese style postal banking system here are nil, given the death grip that the FIRE sector has on our governing elites.

http://en.wikipedia.org/wiki/Postal_savings_system

 

[NeverEndingMe]

Safe to say that the prospects of a Nipponese style postal banking system here are nil, given the death grip that the FIRE sector has on our governing elites.

http://en.wikipedia.org/wiki/Postal_savings_system

but that is a good thing as obama and thugs would add a new layer of corruption

after all, those in government never want to fix anything