https://www.theatlantic.com/business/archive/2015/10/bernie-...
Centralized postal banking is not a new concept and actually is a long-term trend.
<https://en.wikipedia.org/wiki/United_States_Postal_Savings_S...> <https://en.wikipedia.org/wiki/Postal_savings_system>
Seeing the high fees that some banks charge, I'd love to see USPS savings accounts come back as some low-fee competition.
Regardless, I dont want the federal government to be even more nationalized. How do I even begin to disagree with the IRS, for example? On top of that, I thought nationalism was bad?
Have you ever had a bad interaction with the IRS? If so, it is probably because the IRS is chronically underfunded.
Anecdotal but among the people I know, the consensus is the people at IRS are very kind. Contrast that with the people at a state, any state, Department of Revenue. You do not want to make those people mad.
In any case, the answer is as I'm sure you know, to get a lawyer.
I am so saddened by comments like these which come from a position of privilege. They don't know nor understand the kind of pain people go through.
A friend of mine can't get a bank account because her father wrote bad checks in her name. She refused to make a police report (he was already in jail).
I also have a bad interaction with them every year when I have to tell them how much I owe them down to the dollar correctly under penalty of law. Failure to do so is also a penalty of law.
Yeah, fantastic experience.
I had a similar thought but about a bank account.
So apparently the Federal Reserve got into a lot of trouble for just considering giving every person a bank account but what if we actually do it using the post office infrastructure? The post office is secure enough to handle your passport. Why not your money?