A People’s Bank at the Post Office - JSTOR Daily
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The Postal Savings System offered depositors a US government-backed guarantee of security, but it was undone by for-profit private banks.

… before the bankers who are actually in power told them off. The liberal lefty FDR removed it.

Don’t trust a liberal. Two party system, one master - the bourgeoise.

  • FuckyWucky [none/use name]
    ·
    7 months ago

    Apparently US has one public sector commercial bank

    https://en.wikipedia.org/wiki/Bank_of_North_Dakota

    Owned not by the Feds but North Dakota state government.

    • bleepbloopbop [they/them]
      ·
      7 months ago

      the little bits of socdemmery that got built historically in places like ND, WI, etc. and their remnants are fascinating. Mostly just for white farmers but still interesting