AOC And Bernie Want Banks Run By The Post Office!

Posted by  $  allosaur 6 months, 4 weeks ago to Humor
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Hi, everyone! Welcome to the Friday Fun Time Show!
Yes, banks going postal is the topic for today.
Watch An Occasional Cortex team up with--who, her great-grand pop?--no, it's with good ole' Bolshevik Bernie to advise all us little need of guidance deplorables that a socialist converted government-run banking system run by the US Post Office is a good idea.
Me old dino supposes it's a forlorn hope that this scheme would overlook the credit union I've preferred to use for over 30 years.
(That started after I quit a bank that had a fee for anything that was not a fee. Now even my checking account is fee free).
Yes, I'll just have to kiss our freedom to use what we are not told to use goodbye.
Once a wannabe commie government turns socialist, it becomes like The Cookie Monster in a bakery--out to swallow up to control any once a capitalist everything.
So, folks, to make that Venezuelan utopian dream actually work better here--with some kinda applied Yankee ingenuity, I suppose--let's all support the popular vote, open borders, lowering the voting age to 16 (why not 6?) and letting convicted felons all vote. Oh, yeah, me dino almost forgot that full surrender to our new "no government like good government" slogan requires giving up our firearms for our own good.
It's okay! Rest assured that our betters will always be there to take very good care of us. Whee! Get set for a very fun ride. See ya in the bread lines. Yay!

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  • Posted by  $  25n56il4 6 months, 4 weeks ago
    Oh please! The post office can't even handle what they've got. My post office is so dumb they go on a break if more than ten people are in a line. Yeah, this would work just great. You need an appointment to get a Passport!
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    • Posted by Arthgallo 5 months, 4 weeks ago
      Our carrier can't read; we are lucky if we get 75% of our mail delivered correctly. At lease twice a week we have someone else's mail delivered. I can just imagine the USPS handling my account number. NOooooooooooooooo
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      • Posted by  $  5 months, 4 weeks ago
        Over the years where me dino lives, I have off and on received mail for someone whose name is not at all similar,
        whose address is not at all similar either and--
        --whose city?--
        --no way looks the same either!
        Zip code? What's a freaking zip code? Does that string of numbers mean something?
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  • Posted by freedomforall 6 months, 4 weeks ago
    At present we have a government run by banking. That has been the case since 1913, and the banking cartel has been stealing from Americans every single minute since then.
    Repeal the federal reserve act and make the banks earn their profits through production and service instead of giving them the power to create all money in the US and to profit from every dollar they create from
    Nothing the banks provide is "free. It is stolen from every person on the planet earth.
    Compared to this travesty, AOC and Bernie's ideas on banking are a drop of water in the ocean of bankster looting.
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    • Posted by chad 6 months, 3 weeks ago
      A fiduciary note should represent something of value in order to be traded for something else of value. The attempt to create money for the capitalist system (as opposed to fiat currency) failed almost from the start. George Washington allowed the First Bank of the United States to be created which drove the country into debt bringing about the need for increased taxes in order to service debt on a fiat currency that had no value.
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    • Posted by mccannon01 6 months, 3 weeks ago
      I go along with what you are saying here, freedomforall, and I've read "The Creature From Jekyll Island", but I would very much like to see a plan to get us off the Fed merry go round without serious crash and burn. Yeah, I believe the merry go round is heading for a crash anyway, but there must be some practical way to end this fiat money thing gracefully. Have you seen anything like what I'm talking about?
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      • Posted by freedomforall 6 months, 3 weeks ago
        The only soft-landing I can think of is for credit to be created with profits only on the actual capital invested, not on the credit created from nothing. All "profits" from credit created from nothing must be earmarked to be returned to taxpayers who are not businesses or employees of banking, government, or government supported business. The interest on the credit creates a drain on liquidity by its very existence and that must also be created providing liquidity so the debt can be paid off without causing deflation. That is what has caused recession after recession.
        The credit creation must be continued for any chance to avoid collapse, imo. It is the blood of the existing economy.
        Government has shown that it can't be trusted to control spending, so another fiduciary entity of some kind without financial interest must be devised to create credit.
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        • Posted by mccannon01 6 months, 3 weeks ago
          Thanks, freedomforall. You've said an awful lot in a few sentences and it'll take some thought to absorb all the meaning. The last sentence ("Government has shown...") is the crux and creating such a fiduciary entity would be a tall order at this time. I can't imagine the disaster of a Congress like this one in charge of our currency as was originally set in the founding Constitution.
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          • Posted by freedomforall 6 months, 3 weeks ago
            Robert Heinlein tried to deal with this topic in his early novel For Us The Living, written in 1938, but not published until 2003. His observations in that book are naive in some ways, but he did recognize the big flaws in the banking system.
            I think he didn't publish it because he became aware that there were unintended consequences in his future-time solution in the book. It's still worth reading though.
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    • Posted by  $  6 months, 4 weeks ago
      Unshackled capitalism will never be perfect due to the human element, but it would be a lot better than what we (federal reserve act) have human element inflicted now or what some even worse control freak commies want to do with it--no, to it.
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  • Posted by  $  mminnick 6 months, 4 weeks ago
    Banks and/or Money lenders have always run countries more or less openly. remember "He who has the GOLD makes the Rules". You need money to run a country or business or any enterprise (including families). Banks and the ML crown (Money Lenders) provide this to you. If they don't like you, your politics or eye colr you don't get the money or you pay higher rates to get it.
    Dagne had to go from bank to bank getting turned down for money to build the John Galt Line. It wasn't until private capital was brought in that it got built. Unfortunately private capital is even harder to come by that bank of ML dollars. You have to know people or know people who know people.
    But as to the post office running a bank, I remember when the post Office sold "Bond" stamps that allowed children (or anyone) to spend a quarter at a time to build up to get a U.S. Savings Bond. I did it with money from my paper route. thought I was big stuff when I got my first bond. Wat way way back in the dark ages.
    The PO might actually do a good job with it. Certainly no worse than the current crop of banking dolts. (Just my opinion.)
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  • Posted by VicW 6 months, 3 weeks ago
    I keep getting mail to the right number but the wrong street. They want to run banking that way? I guess they just want banks to be making as much money as the post office does.
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    • Posted by  $  6 months, 3 weeks ago
      Me a good dino has lost count of how many times I've dropped off other people's mail that was delivered to me into the drive-by box that stands outside my local post office.
      There have been times when the mail is addressed to a totally different name and/or on a totally different street and/or in a totally different city.
      Have to hand it to the Post Officer in spite of all that, though. Yes siree bob!. So far, the mail has never been addressed to a totally different state. Keep up the good work, post office!
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  • Posted by fivedollargold 6 months, 3 weeks ago
    1) Return to the GOLD standard.
    2) Break up the banks too big to fail.
    3) Separate commercial and investment banks.
    4) Reduce regulations on regional banks.
    5) Eliminate the Community Reinvestment Act.
    6) Add a 40-year Treasury Bond.
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  • Posted by  $  exceller 6 months, 4 weeks ago
    The post office being the success story known to everyone is surely the best entity to handle banks.

    Only a demented lefty can think up such a nonsense.

    Is this what they are paid for?
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  • Posted by term2 6 months, 3 weeks ago
    Post Office lines are already ridiculous. Fortunately, neither of these idiots will make it to actually BE president. They both should move to Venezuela where they would fit right in
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  • Posted by  $  25n56il4 6 months, 4 weeks ago
    Do these fools sit around and think up this crap? They want to apply a 15% limit on borrowed money. That would cut out the lower class from having a credit card. Their credit line probably wouldn't be strong enough to support 15%.
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