It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

AOC: We Should Have a Government Bank Run by the Post Office

page: 4
31
<< 1  2  3    5 >>

log in

join
share:

posted on May, 10 2019 @ 07:12 AM
link   
The United states used to have the post office do banking.

It isn't a crazy idea. It is literally historical.

It is crazy however in 2019 to think making the government work is a reality. Please no more new ideas by politicians (even if they are old ideas)




posted on May, 10 2019 @ 07:23 AM
link   
a reply to: ketsuko

Her entire platform is based off of stealing ideas from the loony, Bernie Sanders - article from 2015: Bernie Sanders's Highly Sensible Plan to Turn Post Offices Into Banks

The only difference is that she also wants to openly single out white people and has even less knowledge about government, basic economics, history, or common sense.


I keep hearing individuals in my workplace and in social settings talking about how All of the old, white republican males openly bash her and she's firing back... blah blah blah, basically reciting the same BS headlines by the MSM. These individuals haven't done their research on AOC's ideals or political gaffes, but still think she is some sort of a "hero" because she is "fighting the patriarchy".

The same types of people who defend Ilhan Omar, who said Muslims should "raise hell" and "make people uncomfortable". Absolutely incredible to me how utterly stupid people are.



posted on May, 10 2019 @ 07:25 AM
link   
a reply to: FamCore

We had post office banking until about 1966 it wasn't either of their ideas.
edit on 10-5-2019 by luthier because: (no reason given)



posted on May, 10 2019 @ 07:36 AM
link   
a reply to: Trueman

That was five years ago.



posted on May, 10 2019 @ 07:42 AM
link   
a reply to: FamCore

I never knew my 100% asian (from asia) first generation immigrant wife was a white male, who knew. She thinks AOC is a complete moron.



posted on May, 10 2019 @ 11:20 AM
link   

originally posted by: sligtlyskeptical
I believe she is spot on. I also think social security should be the primary mortgage provider for first time buyers instead of "loaning" the money to the government. No better security for a loan than a social security payment. I can also see them allowing mortgages to transfer to new buyers to let defaulters off the hook. There are lots of things that can should be done for the benefit of the people, where any profits are transferred back to the people.

Socialism for our needs.

Capitalism for our wants.
Let me guess... you think that Wang guy proposing a VAT tax is also spot on. And just so you know... CATO Inst explains that the VAT would fall heavily on the poorest. Democrats so brilliantly for the “ little people”.



posted on May, 10 2019 @ 12:21 PM
link   
a reply to: ketsuko

I have a better idea, why not have the government bail out the banks when they screw up? The gov can issue money as debt for future generations of tax payers to worry about. Or print money causing inflation but call qauntative easing and nobody will bat an eyelid.



posted on May, 10 2019 @ 01:07 PM
link   
Hear the news, looks like barmaid Cortez is not qualified:

"Pence says Cortez has no place being on the Foreign Affairs
Commitee",

Uhoh, now who was it that nominated her for that choice
position? Along with her cockamamie ideas this is icing
on the cake.

She's definitly going to be a one-termer along with Tliab.


edit on 10-5-2019 by ThatDidHappen because: (no reason given)

edit on 10-5-2019 by ThatDidHappen because: (no reason given)



posted on May, 10 2019 @ 01:13 PM
link   

originally posted by: stosh64
a reply to: Lumenari

LoL


"Like mail, from a Box, it's like magic!"

SMH


This dumbass seems intent on breaking the simulation we exist in.



posted on May, 10 2019 @ 05:07 PM
link   
I wonder if these would sell -




posted on May, 10 2019 @ 05:12 PM
link   
This woman is gold...

The postal service was 13 billion in debt at the end of 2018.Source(USPS.gov)



posted on May, 10 2019 @ 06:03 PM
link   

originally posted by: CIAGypsy
The level of stupidity coming from this woman is mind blowing.... Do you think its an act???



Nope. She's young and hip and will carry the Marxist message far and wide to the young people that will feel they relate to her. That's why the also want to lower the voting age.

She's a tool. When she delivers the votes, she will be tossed aside.



posted on May, 10 2019 @ 06:48 PM
link   
a reply to: Wardaddy454

Marxist? That seems a bit more philosophical than the Twitter personality sensation of topic.



posted on May, 10 2019 @ 08:37 PM
link   
 


off-topic post removed to prevent thread-drift


 



posted on May, 10 2019 @ 10:30 PM
link   

originally posted by: FlyingFox
I have a lil feud going with the local PO. Just to say; they are lazy, like to blame others for their own ineptitude, LIE, obstruct govt services and generally act like spoiled children....perfect role model for AOC.

I just want my mail.


I have lost count on how many letters have been lost by the USPS. Many times they keep sending letters and packages that are addressed to me, or someone else in my house to another house. We also receive letters from neighbors, and after 2 years we keep receiving letters from the previous owner of my house. When we complain about it they (USPS) shift the blame to "Colorado's USPS central office..." But people, not only AOC it seems, want the USPS to handle banking?...





edit on 10-5-2019 by ElectricUniverse because: correct comment.



posted on May, 11 2019 @ 02:01 PM
link   

originally posted by: luthier
a reply to: Wardaddy454

Marxist? That seems a bit more philosophical than the Twitter personality sensation of topic.


I didn't say it was hers. I said she was a tool.



posted on May, 11 2019 @ 05:01 PM
link   
She needs to stop inhaling helium. It's the lack of oxygen.
...trying to make Mexico great again by destroying the US is almost clever though
Little girls think she's cool so part of the next generation will be beyond dumb. A completely new level of dumbness.
She must be a Chinese or Mexican psyop, an outcome of some experimental drugs or a product of PR company.
Growing up in front of TV isnt enough. It kinda doesnt seem real

BTW guys, why is no one talking about the new Chinese tariffs? It's gonna hit the fan in the next week and there's not a single thread. Like it's no big deal )



posted on May, 12 2019 @ 04:25 AM
link   

originally posted by: musicismagic
Actually in Japan the post office also has a banking system so she must have a lot of Japanese friends to know this. The problem now is, Japan post went private because Obama pushed for it to now have American life insurance companies sell in Japan. All politics here. She is up to something. Does she realize the Japan Postal system is a non govt . agency now.
The lady is not thinking the way the all americans were brought up. Yes, change will happen, its just got to be good and common sense change.


The following is my opinion as a member participating in this discussion.



Alternately, AOC knows a lot expat Kiwis. Is she aware of Kiwibank? Kiwibank has ties with New Zealand Post. New Zealand Post is a State Owed Enterprise. Kiwibank branches are located in New Zealand Post - Postshops.

I have never seen any reason why the New Zealand government should have anything to do with owning or partially owning a bank. Specifically, New Zealand underwent economic liberalisation (Broadly, think Reaganomics with a local Kiwi flavour) or in the 80's. The days of the government owning and running the entire economy is rightfully in the past.

The rise of online banking is also catching up with Kiwibank . Kiwibank is closing branches . Jim Anderson (1938 - 2018) , for his genuine beliefs in socialism/Muldoon economics, could not wind back the political and economic clock, even when his political parties were in coalition with Helen Clark's Labour lead (MMP) coalition governments.

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.



posted on May, 12 2019 @ 08:10 AM
link   

originally posted by: adjensen
As much as I think Alexandria Ocasio-Cortez is a nitwit, a Postal Banking system isn't that odd of a suggestion, mostly because we've actually had banking through the Post Office in the past.



The United States Postal Savings System was a postal savings system signed into law by President William Howard Taft and operated by the United States Post Office Department, predecessor of the United States Postal Service, from January 1, 1911 until July 1, 1967.

The system paid depositors 2 percent annual interest. Depositors in the system were initially limited to hold a balance of $500, but this was raised to $1,000 in 1916 and to $2,500 in 1918. At its peak in 1947, the system held almost $3.4 billion in deposits. The system originally had a natural advantage over deposit-taking private banks because the deposits were always backed by "the full faith and credit of the United States Government." However, because the establishment of the Federal Deposit Insurance Corporation gave a guarantee to depositors in private banks, the Postal Savings System lost its natural advantage in trust. The rise of United States Savings Bonds during and after World War II also drew funds away from the Postal Savings System.
(Wikipedia: United States Postal Savings System)

It makes some degree of sense because the infrastructure is already there -- post offices all over the place, already staffed and so this would just be another service that they could offer without much expense. People who don't like or don't trust banks or don't have one convenient to them would have another option.

I'm sure that's not why she is suggesting it, of course, because she's not the sharpest knife in the drawer. For her, it's the first step on a path to get rid of banks and payday loan places.


Pray tell, what is the reason this practice was stopped if it was such a great idea.



posted on May, 12 2019 @ 08:16 AM
link   

originally posted by: links234
Honestly not the worst idea in the world.

Seems to work pretty well in North Dakota.


There are 504 banks in North Dakota in 177 different cities. Really? And the idea AOC presented isn't hers. It was presented back in 2016 by Bernie and Warren.




top topics



 
31
<< 1  2  3    5 >>

log in

join