Bernie Sanders is technically a social democrat, not a democratic socialist

[DirkGently]

34. That was an interesting proposition.

“USPS could partner with banks to make a critical difference for millions of Americans who don’t have basic banking services because there are almost no banks or bank branches in their neighborhoods,” Warren wrote in a Huffington Post op-ed on Saturday. The op-ed picked up on a report from the USPS’s Inspector General that proposed using the agency’s extensive physical infrastructure to extend basics like debit cards and small-dollar loans to the same communities that the banking industry has generally ignored. The report found that 68 million Americans don’t have bank accounts and spent $89 billion in 2012 on interest and fees for the kinds of basic financial services that USPS could begin offering.

http://thinkprogress.org/economy/2014/02/03/3239261/elizabeth-warren-post-office-financial-services/

Definitely not equivalent to nationalizing the banks, but rather a suggestion to help people without a lot of money access banking services without getting creamed with fees for not carrying enough of a balance.

I thought it sounded like a worthwhile idea.