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Title: Mcgowanjm Wire 2012
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Published: Feb 26, 2012
Author: Various
Post Date: 2012-02-26 09:15:13 by A K A Stone
Keywords: None
Views: 1401889
Comments: 2390
Mcgowinjm Wire Service.
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#1936. To: A K A Stone (#0)
#5. To: Robin (#4) Good Luck, UK, with that entering the Ecuador Embassy. IS it the Falklands or the Malvinas? You really want to find out? ;} mcgowanjm posted on 2012-08-16 10:38:10 ET
Thanx for reading. Missed you. Marry me.....;}
#1944. To: All (#1943)
On July 27, 2012, the National Association of Letter Carriers adopted a resolution at their National Convention in Minneapolis to investigate the establishment of a postal banking system. The resolution noted that expanding postal services and developing new sources of revenue are important components of any effort to save the public Post Office and preserve living-wage jobs; that many countries have a long and successful history of postal banking, including Germany, France, Italy, Japan, and the United States itself; and that postal banks could serve the 9 million people who don’t have a bank account and the 21 million who use usurious check cashers, giving low-income people access to a safe banking system. “A USPS bank would offer a ‘public option’ for banking,” concluded the resolution, “providing basic checking and savings – and no complex financial wheeling and dealing.” What is bankrupting the USPS is not that it is inefficient. It has been self-funded throughout its history. But in 2006, Congress required it to prefund postal retiree health benefits for 75 years into the future, an onerous burden no other public or private company is required to carry.
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#1941. To: mcgowanjm, A K A Stone (#1936)
#1943. To: redleghunter (#1941)
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