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HowieT3
Joined:
01/04/2001
Posts:
9141
Likes:
12253
What's this?
Yeah. Let's make FedEx, UPS, and DHL provide universal service ...
at one price even to rural areas. You do realize the postal service delivers their packages to places off the beaten path, or don't you?
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TpkeHoo
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Posted: 04/25/2018 at 3:15PM
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Current Thread:
Intriguing proposal from Kirsten Gillibrand, turn Post Offices into banks
--
WahooMatt05
04/25/2018 1:17PM
Great idea, but not new. First established in 1910.
--
DanTheFan
04/25/2018 3:58PM
We don't want to copy what undeveloped countries do. This is 'Murrica.
--
HowieT3
04/25/2018 4:06PM
Good spot for Obama-Phone distribution as well :>) **
--
Tuckahokie
04/25/2018 2:50PM
Speaking of Obamaphones, did you ever go to Mt. Tremblant? How was it?
--
hooyorkcity
04/25/2018 8:48PM
Except they're Reagan/Clinton/Bush phones.
--
HowieT3
04/25/2018 2:56PM
I know...but there is no great video with a Bush-Phone woman **
--
Tuckahokie
04/25/2018 3:01PM
Repeal of the GOP's forcing them to put up pension money would stop ...
--
HowieT3
04/25/2018 2:08PM
That ... doesn't sound like a good idea
--
Beerman
04/25/2018 1:55PM
Yeah this would be a money loser (if your goal was to make money)
--
Hood
04/25/2018 4:05PM
You mean "With Mulvaney in the tank to let banks do anything they want ..." **
--
HowieT3
04/25/2018 4:07PM
Okay, that is a solid point **
--
WahooMatt05
04/25/2018 2:11PM
Bad business model
--
Stimp
04/25/2018 1:42PM
Payday lending is designed for high risk borrowers though.
--
hoolstoptheheels
04/25/2018 2:20PM
If there was any money to be made at all charging a lower rate and fees, le
--
RML Hoos
04/25/2018 2:42PM
Yes, you have to charge a lot to make up for the fact that half your
--
WahooRQ
04/25/2018 3:14PM
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
And she spent 6-7 years at Davis Polk. Guess she didnt learn much
--
TpkeHoo
04/25/2018 1:44PM
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
3-4% unsecured loans to people with poor credit. Sounds like a business
--
TpkeHoo
04/25/2018 1:22PM
Heck, it woud be hard for any individual to get an unsecured loan for rate
--
RML Hoos
04/25/2018 2:16PM
Why bother even calling it a loan? Just stroke them a check.
--
PalmyraHoo
04/25/2018 2:16PM
The wide lending pool should help absorb the costs of failure
--
WahooMatt05
04/25/2018 1:26PM
If you are losing money left and right, you don't make it up in volume **
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Tafkam Hokie
04/25/2018 7:19PM
Nope. The "wide lending pool" won't absorb the cost of failure of a
--
BocaHoo91
04/25/2018 6:42PM
That’s not really how it works. Seems like a terrible idea to me. **
--
KCHoo
04/25/2018 2:02PM
When it goes to shit i know where the money is coming from to bail it out **
--
HokieDan95
04/25/2018 1:47PM
Same place that bailed out the private banks
--
Shenhoo
04/25/2018 2:05PM
The saddest part is you and others think that started with W **
--
HokieDan95
04/25/2018 2:16PM
Net you lived his 'ownership' society plan.
--
Shenhoo
04/25/2018 2:43PM
If your posting history is any indication i'm not missing out on much **
--
HokieDan95
04/25/2018 2:52PM
Likewise. Yours sucks. As many have said. **
--
Shenhoo
04/25/2018 4:28PM
GOVCO could offer this service, and price it on a break even
--
Stimp
04/25/2018 1:53PM
Gotcha--let's increase other folks' borrowing costs to help these guys out
--
TpkeHoo
04/25/2018 1:27PM
The post office is already running in the red
--
WahooMatt05
04/25/2018 1:34PM
Only becuase the GOP has saddles them with retirement payments.
--
HowieT3
04/25/2018 3:18PM
That's for healthcare, not retirement. And for employees that don't pay in
--
Hoodafan
04/25/2018 4:26PM
Interesting. I knew benefits were the problem
--
WahooMatt05
04/25/2018 3:33PM
Or do away with the postal service altogether? **
--
TpkeHoo
04/25/2018 1:37PM
Yeah. Let's make FedEx, UPS, and DHL provide universal service ...
--
HowieT3
04/25/2018 3:15PM
If they cant cover their costs, they shouldnt be doing it.
--
TpkeHoo
04/25/2018 3:23PM
I don't see a constitutional obligation to cover costs.
--
Shenhoo
04/25/2018 9:46PM
Empowers or mandates?
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TpkeHoo
04/25/2018 10:07PM
The postage costs are fine to cover delivery anywhere.
--
HowieT3
04/25/2018 3:28PM
Sounds like another housing crisis waiting to happen **
--
Tuckahokie
04/25/2018 1:25PM
Notice how every one of your creative solutions involves growing govt
--
TomKazanski
04/25/2018 1:22PM
When was the last time you assholes had any idea theat would benefit
--
WaxHoo
04/25/2018 3:09PM
LOL! It's sad that you probably actually believe that. **
--
Hoodafan
04/25/2018 4:01PM
Can you name one? Details, please. **
--
WahooRQ
04/25/2018 9:56PM
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