As Twitchy just reported, it almost looked as though 2020 runner-up (according to the latest polls) Bernie Sanders tried to stifle a laugh when Rep. Alexandria Ocasio-Cortez proposed setting up a non-profit bank for the entire country and having it run by the financial wizards at the United States Post Service, because they’ve got nothing but time on their hands.
Sanders might not have laughed — sounds like he’s fully on board — but we did when we found out the names of the newest marginalized classes in America: the “unbanked” and “underbanked.”
Banks make record profits discriminating against people of color and denying basic banking services to 63 million adults who are unbanked or underbanked.
We must allow every post office to offer basic, affordable banking services and end lending discrimination once and for all.
— Bernie Sanders (@BernieSanders) May 9, 2019
And of course, banks are racist. It’s racist to offer free voter ID at any DMV in the country — still too inconvenient and expensive — but the Post Office will make sure that it welcomes people of color who find themselves “unbanked” and makes sure they get basic banking services, which we assume is check-cashing and that’s it if they’re smart.
Joe Biden and Bernie Sanders were pretty much neck-and-neck in the polls before Biden officially jumped in and took a double-digit jump over his rival almost immediately. Maybe people don’t want socialism after all, but please, run on making the Post Office even less efficient.
It's almost like he wants to lose to Joe Biden.
(He's going to lose to Joe Biden.) https://t.co/YQbWur39Zf
— RBe (@RBPundit) May 9, 2019
Yeah, because the post office is such a shining example of efficiency and profitability that it's primed to take on the banking industry. The govt would be creating another ticking time bomb for when the Post Office is forced to commit trillions in irresponsible loans. #Socialism https://t.co/fywvMDCb4m
— J. Gelling (@j_gelling) May 9, 2019
Then forgive the loans. Easy.
? Jeez…just when I thought this bozo couldn't get any stupider…are you going to require the new "lenders" to lend to everyone, even those who can't afford the loan, Bernie? You know, the same thing that caused the problem LAST TIME? https://t.co/47mZG1kDQf
— Scott "Free Arie"Warren (@big_sarge1) May 9, 2019
Yeah…um…remember the last time banks gave out loans to people who could not pay them back? You're such a freaking doofus. https://t.co/zxtsIWPQBJ
— Mary Elizabeth (@mchastain81) May 9, 2019
Oh yes, let's turn the Post Office, a place where you can wait in line forever to receive terrible service, into somewhere people do their banking. Fabulous plan, you complete idiot. https://t.co/zMfbcXrb2J
— Veterans4Liberty (@Vets4AP) May 9, 2019
And the lending market, which relies on deposits, would fall into the hands of the government, who would then take your savings and use it to make bad loans in the name of the state. Plus, the IRS could quickly drain your account if you don't pay your taxes. ? #Communism https://t.co/WqjHzrTuP7
— @Arthur_Samuel_Humphrey (@ArthurSamuelHu1) May 9, 2019
— Doug Powers (@ThePowersThatBe) May 9, 2019
Depository interest: Where does it come from? https://t.co/2SA7Oshldm
— Michael Brennan (@MikeBrennan330) May 9, 2019
The Post Office? Bernie, they can't even mail packages correctly. https://t.co/Ml7FQgajhT
— Shawn Scott Smith (@luckycreature) May 9, 2019
Did he come up with this idea, because it’s especially frightening to think a front-runner for the Democratic nomination is getting his ideas from “economics major” and all-around financial genius Ocasio-Cortez.
You know who’ll love this idea? The communists who tweeted they were going to burn down all the banks after the revolution after Chase “poor-shamed” people by suggesting they make coffee at home and bank the savings.
'What are you babbling about?' AOC's ignorance and dishonesty are way more problematic than Chase's 'poor-shaming' tweet https://t.co/erorv69aKL
— Twitchy Team (@TwitchyTeam) May 1, 2019