And then the people rose up and burnt Wells Fargo into ash on the ground
Wells Fargo stole our house (illegal foreclosure) and nothing happened to them. They also took 5 years to mark our debt as paid, so it stuck on our credit reports for far too long.
The current Postmaster General and Trump pick (DeJoy) has a conflict of interest (owns stock in UPS and DHL). He tried to sabotage the 2020 election by performing “maintenance” on mail sorting machines to prevent mail-in ballots from being counted.
What is this the 1800’s?
I know, right? They sure as hell are trying to bring us back to their so-called “good ol’ days.”
Wells Fargo, who was creating fake bank accounts and signing up customers for services they had no idea about? Fraud! Never trust this ‘bank’.
Are there any other nations that have privatized their postal services? Really curious to see who that’s worked out for so far.
Don’t know any nation that does, but also US already has FedEx, UPS, DHL and others. They could deliver letters if they wanted, but they don’t think that’s profitable.
The privatization looks like it’s essentially stealing all assets USPS has.
BTW there are protests about it https://nalc.org/march23 I recommend to attend them.
So there is a little bit of nuance. They could deliver letters, but they wouldn’t have legal access to mailboxes… Which is a pretty big hinderance.
Not saying I disagree, just that it’s one edge USPS has verse their massive mandate.
Congress could easily pass a law giving them access instead privatizing.
Actually it looks like the private delivery companies is they could they would prefer USPS do the last mile delivery and in fact they do that for the cheaper offerings.
Congress has a hard time passing legislation. Doing so would effectively kill USPS anyway. There is no way they could compete with their mandates.
No they don’t, they passed several they just chose not to interfere with whatever trump is doing.
Australia Post runs as a commercial business and is self funded… But it’s wholly owned by the government. So it runs as a business without government assistance.
From what I understand that’s how USPS operates too. It generates enough revenue to be self sufficient and is not receiving any funding from the government.
It receives negative funding from the government. That is, Congress mandates things that would be unachievable for any corporation in an attempt to destroy it.
