Ahhh, Black Friday. It almost sounds like a day of mourning, not the first day of the Christmas season. Even though I just moved here, the retailers a...
Millions of low-income Americans depend on check cashing institutions, pawn shops, and payday loans to fulfill much of their banking needs. These places are notorious for ripping people off and serves as one of the countless barriers that keep poor people impoverished.
In the United States, one in five households are underbanked, meaning that while they may have a checking account, they also rely on a network of predatory financial service providers (such as check cashers, payday lenders, auto title lenders, etc) to make ends meet.
When that so-called "day of reckoning" comes, will We the People who benefit from all of the services that the USPS does provide and could provide end up being delivered a bill of goods?
What about other sources of revenue? Establishing an honest notary service, cashing most checks, selling fishing and hunting licenses, wrapping holiday gifts, and accepting wine or beer for delivery are just a few congressionally prohibited proposals that have been put forward by postal activists and watchdogs.
The conservative anti-government strategy is to set government up to fail (usually by starving it of funding). Then they point to the resulting "crisis" they created and say that it proves that government doesn't work and that we should therefore "privatize" it. Now they're coming for the U.S. Postal Service.
Here are 15 issues on their agenda. On your mark, get set, go!
The United States Postal Service (USPS) management just ran into a possible game-changing obstacle to its shameful pursuit of a fully privatized post office: labor solidarity.
In a saga comparable to Bleek House, Charles Dickens' classic novel about a legal case that would never end, Bill Moore, a Texas businessman, has waged his own never-ending legal war against the United States government.
We need to maintain a vibrant postal service, whether run under the auspices of the federal government or private enterprise. I'm willing to put up with the junk mail.
What's at stake is not just the jobs of postal workers; it's the American economy. We built the economy with middle-class jobs and the more we destroy them, the bleaker the prospects of economic prosperity for all but the richest of us.
The new cultures and structures of what Cass Sunstein calls "republic.com" hold sway at the very time that controlling, shaping, and manipulating information have become universally acknowledged as essential attributes of power.
The Postal Service can become a more viable business and a more vital community institution by enhancing its public role. It can challenge Wall Street by bringing economic equity to Main Street.
With liabilities at $63 Billion and assets of only $40 Billion, the USPS is bankrupt by any stretch of the ruler. Without legislation, the USPS will add another $5.7 Billion of defaulted retiree health benefits to the deficit on September 30,2104. And so it goes. Deeper and deeper into the hole.
With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans who don't have basic banking services because there are almost no banks or bank branches in their neighborhoods.
The announcement that the US Postal Service will deliver packages for Amazon on Sundays came just a few days after a federal judge halted USPS' sale of Stamford's historic downtown post office.