Post Office Banking

There isn't a person who can say that Bernie Sanders has no ideas.

The guy is full of ideas.

Now..... most of them are wild and crazy.  

Several of them totally loony.

However, I can say that I'm tracking with what he's saying here:

"What people are forced to do is go to payday lenders who charge outrageously high interest rates. You go to check-cashing places, which rip you off.  And, yes, I think that the Postal Service, in fact, can play an important role in providing modest types of banking service to folks who need it."


It's not a new idea, as post offices performed some banking services thru the mid 1960's.

And most today still offer money orders.

Read the full article:

Bernie Sanders has a pretty revolutionary idea to change America’s post offices

Is this a win-win for America?  Saving the Postal Service AND helping to wean folks off of those crazy stupid payday loan places?

Not a bad idea at all.

Out for now.......

Matt