NEW SOCIALIST “IT GIRL” CONTINUES TO PAY DIVIDENDS: AOC and Bernie Have a Brilliant New Idea for Banking.

There are dumb ideas and then there’s whatever this is.

Alexandria Ocasio-Cortez and Bernie Sanders have teamed up to introduce the idea of “non-profit banking services” done via the post office, where sub-prime loans would be given out to people who are terrible credit risks, thereby causing high default rates. Because absolutely nothing bad could come of that.

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Handing out loans to high credit risks is how you get a crash like we had in 2008.

Yet, here’s AOC and Bernie suggesting that not only should banks give out junk loans, but that the Postal Service should be doing the lending. That’s the same Postal Service that lost $3.6B last year alone. Now these two socialists want them to take on even more losses via giving out bad loans? It’s completely insane.

Cloward and Piven, the next generation.