Maybe some lurking history buffs could help me here, but wasn't having a national Bank of the United States an incredibly divisive issue, arguably unconstitutional, almost set off an early civil war, and that destroyed the political futures of several big-name founding fathers?Now AOC, along with fellow Commie, Bernie Sanders, proposes a not-for-profit public option for basic banking services that is "piloted through the U.S. Postal Service". You can't make this stuff up.
What could possibly go wrong. Another government run bureaucracy mishandling billions of dollars.
What Could Possibly Go Wrong? AOC Wants a Government Bank Operated by the Post Office
I'm well aware of the Fed. But this proposal (and the old Bank of the United States) is an entirely different animal.
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