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"Wells Fargo Is Plotting to Privatize the Post Office"
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"The memo, fueled by Donald Trump's billionaire cabinet and the Department of Government Efficiency's anti-government crusade, aims to privatize the USPS by selling off profitable parts, raising prices, and decimating the unionized workforce. Wells Fargo envisions a postal service where the mail is kept as a taxpayer-funded government entity while the package and parcel components are sold or IPOed. The plan also includes a deferred buyout offer to postal employees and the government taking over all pension liabilities."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxpnjlquxjlqwutc37aq6m2z7l5qe5fpsr7zpqrpx8nqn4c67dcpcm8r6qv\nhttps://images.jacobinmag.com/wp-content/uploads/2025/03/22135909/GettyImages-2205401680-900x600.jpg\nFueled by Donald Trump’s billionaire cabinet and the Department of Government Efficiency’s (DOGE) anti-government crusade, privatizers are on the prowl. The first month of Trump 2.0 has been a bonanza of unabashed scamming and self-dealing by the country’s wealthy elite. The administration has sent a clear signal to profiteers: now’s your chance to get in [\u0026hellip;]\nhttps://jacobin.com/2025/03/wells-fargo-usps-privatization-trump/",
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