As we told you yesterday, Bernie Sanders and Alexandria Ocasio-Cortez have proposed that the U.S. Post Office should expand into banking operations to serve the “unbanked” and “underbanked,” as Sanders referred to them:
— Twitchy Team (@TwitchyTeam) May 9, 2019
Bernie Sanders worried about America’s ‘unbanked and underbanked,’ especially people of color https://t.co/cskPq7A6fk
— Twitchy Team (@TwitchyTeam) May 10, 2019
Right on cue, the next day…
Just a day after Bernie Sanders and Alexandria Ocasio-Cortez proposed turning the Post Officie into a bank for poorer Americans, the U.S. Postal Service reported losing $2.1 billion in just three months. Yikes. https://t.co/fyihVUnTKy
— reason (@reason) May 10, 2019
If that’s not the perfect topping to Bernie & AOC’s banking sundae, we don’t know what is. And the USPS is “on track to finish the current year more than $7 billion in the red,” Reason reported. Hey, who wouldn’t want to deposit all their money there?
— Pixie 🇺🇸 SS ☕️🍾 (@pixiejss) May 10, 2019
— Crotchety Old Nathan Wurtzel (@NathanWurtzel) May 10, 2019
How is turning the post office into a bank “for the poor” even supposed to help things? Are they not going to act like a real bank and just give an account to anyone, even those who can’t get a regular bank account due to writing bad checks all of the time?
— Bob Yuler (@Ironic_Name) May 10, 2019
AOC’s bank needs a bailout before it’s even opened. https://t.co/M2RECf1JiV
— coketown (@JoeyConnell) May 10, 2019
You can’t make this stuff up.