948
Banks need it /s
(lemy.lol)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 25 Jan 2024
948 points (99.1% liked)
People Twitter
5309 readers
1408 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a tweet or similar
- No bullying or international politcs
- Be excellent to each other.
founded 1 year ago
MODERATORS
If banks are funded by the government (ongoing bailouts and ridiculously beneficial laws for them) then they should be considered a public service and available to everyone, at least at a basic level
Post Office bank when?
There's already the national treasury, it's why Aaron Burr killed Alexander Hamilton, he thought creating it created the exact same system that England had set up and was the whole reason we fought the revolutionary war. Aron Burr said that the creation of that bank made Alexander Hamilton the first real traitor to the US. Your just not rich enough to use the National Treasury as a bank.
Dude, Andrew Jackson dissolved the central bank that Hamilton started. The US wouldn't have a central bank again until the foundation of the Federal Reserve in 1918. Like, did you start this conspiracy after listening to Hamilton?
And the national treasury is something entirely different than the central bank that Hamilton established.
It did in the early 1900s to about late 1960s. It was killed because some banking lobbyist killed it.
https://en.wikipedia.org/wiki/United_States_Postal_Savings_System#:~:text=The%20Postal%20Savings%20System%20was%20established%20as%20a,postal%20banking%20system%2C%20while%20Democrats%20preferred%20deposit%20insurance.
I agree. The moment they took a bailout is the moment they became a public utility.