Gail Cornwall – February 28, 2016 As she watches a man with whom she publicly agrees on almost everything be anointed prince of progress, Hillary Clinton feels the burning desire to have her liberalism recognized. It’s an uphill battle, because she doesn’t appear to understand what it’s like to be a working-class American. Two words…
January 12, 2016 It is easy to overlook the problem of the unbanked and underbanked in the United States — if for no other reason than it is far from the endemic problem here that it is in other parts of the world. However, depending upon the exact data set one is using, a full…
Late last month, postal banking progressed from policy circle rumblings to proposed legislation. Rep. Cedric Richmond (D-LA) sponsored the Providing Opportunities for Savings, Transactions, and Lending (POSTAL) Act on July 23rd. This legislation would empower your local post office to provide both checking and savings accounts, offer small-dollar loans and prepaid “postal cards,” distribute money…
Many families do not have access to traditional banks, and postal offices could help fill the gap. (July 7, 2014) More than a quarter of all American households – about 68 million people – rely at least in part on nonbank financial services like check cashing or payday lending. These unbanked and underbanked households pay…
