The Soapbox

WahooMatt05

Joined: 08/30/2013 Posts: 26093
Likes: 48254


The post office is already running in the red


Why not take a chance on something that could make them money? If it works, the country as a whole benefits, not just the people getting the loans. If it fails, yes, taxpayers would lose money. But considering the $1.5 trillion tax cut, and the huge omnibus bill, do we really care that much about government programs that lose money? The potential upside seems well worth the risk of taking on slightly riskier loans.

The safer decision to help out the post office is to double [or so] the cost of stamps. Is that really a better solution?

(In response to this post by TpkeHoo)

Posted: 04/25/2018 at 1:34PM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
  Great idea, but not new. First established in 1910. -- DanTheFan 04/25/2018 3:58PM
  Good spot for Obama-Phone distribution as well :>) ** -- Tuckahokie 04/25/2018 2:50PM
  That ... doesn't sound like a good idea -- Beerman 04/25/2018 1:55PM
  Bad business model -- Stimp 04/25/2018 1:42PM
  Payday lending is designed for high risk borrowers though. -- hoolstoptheheels 04/25/2018 2:20PM
  Yeah, I'm sure that's true. ** -- hoolstoptheheels 04/25/2018 2:48PM
  No -- Stimp 04/25/2018 2:40PM
  Ahh. And it's up to the borrower to pay? Nevermind. ** -- hoolstoptheheels 04/25/2018 2:47PM
  Something for poor people only? ** -- Charleston Cav 04/25/2018 1:31PM
  Not sure. Possibly anyone needing less than $1k. -- WahooMatt05 04/25/2018 1:45PM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307