Thursday, March 26, 2015

Providing low-cost banking by saving the post office Mar26

Click here to access article by Pete Dolack from Systemic Disorder

Dolack is always thinking, and this time offers an idea that could be the start of something big. However, because of that it will take a huge public effort to overcome opposition by our capitalist masters.
A Postal Service bank — a model that is successful in several countries around the world — would not only provide the post office with a reliable source of income, it would provide badly needed basic, inexpensive banking services for underserved populations.