Kirsten Gillibrand Proposes Post Office Banking For All
This is a bold and progressive plan that would help millions of Americans and hurt predatory banks. Cenk Uygur and John Iadarola, hosts of The Young Turks, ...
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IF YOU HAVE A BANK ACCOUNT OR IF YOU HAVE ACCESS TO BANKING IF YOU WANTED TO BANK YOU MIGHT BE SURPRISED TO FIND OUT THAT FOR MANY AMERICANS THEY DON'T HAVE ACCESS TO THAT. IT CAN BE A FINANCIALLY CRIPPLING BURDEN TO NOT BE ABLE TO ACTUALLY GO TO A BANK, OPTIONS YOU HAVE TO TURN TO OUR INCREDIBLY COSTLY. THEY SPEND A LOT OF LOBBYING MONEY TO KEEP IT THAT WAY. BUT THERE ARE SOME IDEAS THAT COULD FIX THIS PROBLEM. SEN. KRISTIN GILLIBRAND HAS A PROPOSAL THAT WAS RELEASED TODAY THAT FOLLOWS SOME THINKING THAT COULD POSSIBLY FIX A PROBLEM. YOU WOULD BE ADDING ON EXISTING SERVICES TO A VERY AVAILABLE SERVICE. AND IN PARTICULAR THE UN-BANKED RATE ñ WHILE THIS WOULD HELP MANY AMERICANS, IT COULD ACTUALLY BE MORE HELPFUL. BERNIE SANDERS HAS BEEN PROPOSING SOMETHING LIKE THIS FOR YEARS....
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IF YOU HAVE A BANK ACCOUNT OR IF YOU HAVE ACCESS TO BANKING IF YOU WANTED TO BANK YOU MIGHT BE SURPRISED TO FIND OUT THAT FOR MANY AMERICANS THEY DON'T HAVE ACCESS TO THAT. IT CAN BE A FINANCIALLY CRIPPLING BURDEN TO NOT BE ABLE TO ACTUALLY GO TO A BANK, OPTIONS YOU HAVE TO TURN TO OUR INCREDIBLY COSTLY. THEY SPEND A LOT OF LOBBYING MONEY TO KEEP IT THAT WAY. BUT THERE ARE SOME IDEAS THAT COULD FIX THIS PROBLEM. SEN. KRISTIN GILLIBRAND HAS A PROPOSAL THAT WAS RELEASED TODAY THAT FOLLOWS SOME THINKING THAT COULD POSSIBLY FIX A PROBLEM. YOU WOULD BE ADDING ON EXISTING SERVICES TO A VERY AVAILABLE SERVICE. AND IN PARTICULAR THE UN-BANKED RATE ñ WHILE THIS WOULD HELP MANY AMERICANS, IT COULD ACTUALLY BE MORE HELPFUL. BERNIE SANDERS HAS BEEN PROPOSING SOMETHING LIKE THIS FOR YEARS....
