Vermont Senator Bernie Sanders unveiled his latest government proposal Thursday; announcing his plan to allow United States Post Offices to provide “basic banking services” to America’s “unbanked and underbanked.”
“Banks make record profits discriminating against people of color and denying basic banking services to 63 million adults who are unbanked or underbanked,” posted Sanders on social media. “We must allow every post office to offer basic, affordable banking services and end lending discrimination once and for all.”
Banks make record profits discriminating against people of color and denying basic banking services to 63 million adults who are unbanked or underbanked.
We must allow every post office to offer basic, affordable banking services and end lending discrimination once and for all.
— Bernie Sanders (@BernieSanders) May 9, 2019
Senator Sanders’ poll numbers have plunged in recent days, with former Vice President Joe Biden opening-up a massive 30-point lead among likely Democratic voters.
‘POSTAL BANKING’? AOC, Bernie Call for the Creation of Government-Owned Banks Run by the US Post Office
Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders unveiled their latest proposal Thursday calling for the creation of non-profit, government banks to be administered through the United States Postal Service.
“Credit card interest rates are outrageously high. With @RepAOC, we are introducing legislation to challenge the greed of Wall Street and protect consumers across America,” posted Sen. Sanders on social media.
— Bernie Sanders (@SenSanders) May 9, 2019
— Take On Wall St (@TakeOnWallSt) May 9, 2019
“We should have a not-for-profit public option for basic banking services, and we should be piloting these projects through the US Postal Service or any other number of ways,” added Rep. Ocasio-Cortez.
AMAZON STRIKES BACK: Bezos Accuses Bernie of ‘MISLEADING’ Americans on Work Conditions
Online retail giant Amazon fired-back at Vermont Senator Bernie Sanders this week; making a are political statement that accused the Democratic Socialist of “misleading” the American people with “inaccurate” information.
Amazon posted the scathing statement on social media after Sanders slammed CEO Jeff Bezos for difficult working conditions and low-wages at distribution centers across the country; claiming employees were sleeping in cars and receiving government assistance.
“Senator Sanders continues to make inaccurate and misleading accusations against Amazon,” said a post on Amazon’s website. “We have been in regular contact with his office and have offered several opportunities for Senator Sanders and his team to tour one of our fulfillment centers (FCs). To date he has still not seen an FC for himself.”
“Instead, Senator Sanders continues to spread misleading statements about pay and benefits. Amazon is proud to have created over 130,000 new jobs last year alone. In the U.S., the average hourly wage for a full-time associate in our fulfillment centers, including cash, stock, and incentive bonuses, is over $15/hour before overtime,” adds the statement.
Read Amazon’s full response here.