By Steven Kull – November 22, 2015 There is a financial crisis facing the U.S. Postal Service. In fiscal 2015, it lost $5.1 billion, even though its revenues were up. Yet, as dire as its financial picture may be, Congress has done little to fix the Postal Service. So what would ordinary Americans say should…
The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to…
(July 2, 2014) DALLAS, TEXAS — At its June 20-23, 2014 annual meeting, the US Conference of Mayors (USCM) adopted a pair of resolutions endorsing postal banking, co-signed by eight mayors from six states. Their goal is to bring $1 trillion of job-creating economic stimulus primarily to low-income neighborhoods, over the next decade, at zero…
