Friday, May 10, 2019

JUST CONSCRIPT THE POSTAL SERVICE

foiatheintercept_daviddayen5-9-2019
"The answer, to Ocasio-Cortez and Sanders, is postal banking, which several Democratic presidential candidates have endorsed. Letting the nation’s 31,000 post offices issue simple bank accounts and even short-term loans would solve numerous problems, particularly for the over one in four households who have little or no access to banking services, which lead them to use high-cost alternatives. Returning to a postal banking system, which as many as 4 million Americans enjoyed when it was in place from 1911 to 1967, could promote financial inclusion, save billions of dollars for vulnerable populations, and help modernize and stabilize the postal system — a nationalized entity written directly into the Constitution — in an era of electronic communication."
he really thinks so!
in March, 1923, the Weimar Republic mailed letters for 40 marks.  beginning in November of that same year, 1923, 8 months later, the cost to send a single letter was raised to 40 billion!! marks.  so conscripting 150,000 postal workers to give out student loans that never get paid back, could really help save the nation from the evil loan sharks.  yes he thinks it will.
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Weimar Republic Postal Rates for one ounce:
1923-JAN-15 -- 20 Marks / 150 Marks
1923-MAR-01 -- 40 Marks / 300 Marks
1923-JUL-01 -- 120 Marks / 800 Marks
1923-AUG-01 -- 400 Marks / 3,000 Marks
1923-AUG-24 -- 8,000 Marks / 60,000 Marks
1923-SEP-01 -- 30,000 Marks / 200,000 Marks
1923-SEP-20 -- 100,000 Marks / 750,000 Marks
1923-OCT-01 -- 800,000 Marks / 6,000,000 Marks
1923-OCT-10 -- 2,000,000 Marks / 15,000,000 Marks
1923-OCT-20 -- 4,000,000 Marks / 30,000,000 Marks
1923-NOV-01 -- 40,000,000 Marks / 200,000,000 Marks
1923-NOV-05 -- 500,000,000 Marks / 4,000,000,000 Marks
1923-NOV-12 -- 5,000,000,000 Marks / 40,000,000,000 Marks
1923-NOV-20 -- 10,000,000,000 Marks / 80,000,000,000 Marks
1923-NOV-26 -- 40,000,000,000 Marks / 320,000,000,000 Marks
1923-DEC-12 -- 50,000,000,000 Marks / 300,000,000,000 Marks

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