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Discussion Forum : News and Current Events : Post Office Ponzi Scheme

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 Post Office Ponzi Scheme

Congress has proposed expanding the US Postal Service to act as a commercial bank. Critics believe it is a way to get Americans to unwittingly pay off the USPS debt of $51 billion. The Post Office has operated at a loss for many decades. There is no reason it will not continue to do so as a bank. The only difference is that the losses will be larger and, as usual, passed along to taxpayers. ZeroHedge 2016 Feb 4

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Warning: Do not bank at the Bank of the Post Office.

 2016/2/8 0:20

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