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return2ozma@lemmy.world to News@lemmy.world · 2 months ago

Wells Fargo Is Plotting to Privatize the Post Office

jacobin.com

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  • brainworms@lemm.ee
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Wells Fargo Is Plotting to Privatize the Post Office

jacobin.com

return2ozma@lemmy.world to News@lemmy.world · 2 months ago
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  • cross-posted to:
  • brainworms@lemm.ee
A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.
  • hark@lemmy.world
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    2 months ago

    We should do an uno reverse and nationalize wells fargo.

    • sik0fewl@lemmy.ca
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      2 months ago

      They should have been nationalized in 2009 instead of receiving $25 billion bailout loan.

      • AbsoluteChicagoDog@lemm.ee
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        2 months ago

        “Loan”

        • sik0fewl@lemmy.ca
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          2 months ago

          They did pay it back.

          • melpomenesclevage@lemmy.dbzer0.comBannedBanned from community
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            • sik0fewl@lemmy.ca
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              2 months ago

              Why don’t you go find out for yourself. I already said they should have been privatized, I’m not here to do everyone’s research for them.

              • melpomenesclevage@lemmy.dbzer0.comBannedBanned from community
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          • Fedizen@lemmy.world
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            2 months ago

            How much of that was subsidized by the US government bailing out AIG?

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      2 months ago

      Musk would just learn from them and open a bunch of bank accounts for everyone in the USA and have him control them all.

      • melpomenesclevage@lemmy.dbzer0.comBannedBanned from community
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      • prole@lemmy.blahaj.zone
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        2 months ago

        This is literally what he wants Twitter to be.

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