News@lemmy.world · 1 month ago

Wells Fargo Is Plotting to Privatize the Post Office

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Wells Fargo Is Plotting to Privatize the Post Office

jacobin.com

return2ozma@lemmy.world to

News@lemmy.world · 1 month ago

A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.

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sik0fewl@lemmy.ca
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1 month ago
They should have been nationalized in 2009 instead of receiving $25 billion bailout loan.
- AbsoluteChicagoDog@lemm.ee
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  1 month ago
  “Loan”
  - sik0fewl@lemmy.ca
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    1 month ago
    They did pay it back.
    - Fedizen@lemmy.world
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      30 days ago
      How much of that was subsidized by the US government bailing out AIG?

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