Democratic candidate Bernie Sanders is no stranger to having his plans misunderstood. The GOP usually demonizes and dismisses his “Socialist” ideals and this time is no different. For the past several years, Sanders has backed an idea that would, not only save the more than half a million postal workers that depend on the United States Postal Service (USPS), but it would also directly benefit up to 40 percent of (the poorest) Americans. The GOP, of course, hates it.
The plan: use the Post Office to fill the void in banking services for the almost half of Americans the big banks do not want to serve.
According to Bernie Sanders:
If you are a low-income person, it is, depending upon where you live, very difficult to find normal banking. Banks don’t want you. And what people are forced to do is go to payday lenders who charge outrageously high interest rates. You go to check-cashing places, which rip you off. And, yes, I think that the postal service, in fact, can play an important role in providing modest types of banking service to folks who need it.
Meanwhile, the Republicans have been trying to dismantle the Post Office for years. Why? Because the GOP loves to privatize things and f*ck over the rest of us.
Listen to Bernie Sanders explain this plan in his own words on the Ed Schultz Radio Show:
For more why the GOP is responsible for the slow death of the Postal Service:
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