Cenk Uygur of the Young Turks points out the ambiguities and simply WTH moments at Nevada’s state convention on May 14. Here’s the statement that accompanies his video report:
The establishment of the Democratic Party is doing everything they can to silence Bernie Sanders supporters. The recent convention in Nevada is another example, as the party voted in new rules, by ignoring Bernie Sanders voters. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
“Former Secretary of State Hillary Clinton on Saturday again won Nevada at the state Democratic convention, after her opponent, Vermont Sen. Bernie Sanders, scored a surprise delegate victory out of the county conventions last month.
There was palpable tension between the two camps throughout the day at the Paris Hotel in Las Vegas, with Clinton supporters barely outnumbering those supporting Sanders among the more than 3,400 conventiongoers. Still, a 33-person delegate lead was enough to sway the division of a dozen delegates who were up for grabs Saturday in her favor.
Who would win the majority of those delegates remained uncertain going into Saturday because Sanders was allotted more delegates to the state convention. In April, Sanders had turned out more of his supporters to the county conventions — even though Clinton had won the popular vote in the February caucuses — thus allowing him to send more delegates to the state convention.”
U.S. Uncut reports that Bernie Sanders wants us to turn US Post Offices into banks. This makes sense when too many low-income Americans are cut off from essential banking services – like cashing payroll checks – either because of personal financial history or because banks won’t locate branches in their neighborhoods. The disenfranchised will save with easy access to low-cost, basic banking services and the USPS will win with a major infusion of needed revenue.
In a radio interview with Ed Schultz on Wednesday, Sanders explained just how much revenue this could generate for the USPS as (it continues) to battle back from the brink of extinction.
“A new report from the Postal Service suggests one way the agency could make as much as $8.9 billion in annual revenue would be to offer limited banking services like cashing checks and selling pre-paid debit cards. The USPS already takes in more than $100 million in revenue each year by selling postal money orders. One of the areas we should be looking at is banking.”
In May 2015, Wall Street Journal reporter Laura Stevens quotes from a USPS Office of Inspector General report, which points out that incorporating a banking model into operations could be done by simply customizing one of the successful models already in use at a postal agency in another country.
On average, (postal agencies) in industrialized countries generated 14.5% of revenues from financial services in 2012, according to the report.