Wells Fargo Is Plotting to Privatize the Post Office
Wells Fargo Is Plotting to Privatize the Post Office
jacobin.com Wells Fargo Is Plotting to Privatize the Post Office
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.
1
comments
Here's the thing (other than basic enshittification):
For a lot of rural and wild (mountain and desert) places in the US, USPS covers the last mile (or last 100 miles) that no other service does. At a loss.
Private delivery service gives no fucks. We know this because UPS and FedEx or any other hand their parcels to the USPS pony headed out beyond the pale to keep their oath.
If we privatize, then those places vanish. They also stop paying taxes.