We Need Your Help to Stop the Privatizers
The Wells Fargo Memo outlines a plan to sell off the postal service for private profits, and we need your help to get the word out.
The Leaked Wells Fargo Memo
In its report to investors, Wells Fargo called the USPS “an obvious source of value.” They suggest that mail and parcel operations be split and that “Parcels could be carved out and sold or IPOed (placed on the stock market).” If Wells Fargo’s plans come to fruition, they predict prices would rise “by 30-140% across product lines” which would also benefit private shipping corporations like FedEx and UPS. They want to sell off our cherished local post offices too. In the report, they propose selling off our Main Street post offices so that “value can be harvested” from real estate. All so they can get their hands on the more than $80 billion in revenue the USPS generates each year.
Selling off the Post Office is massively unpopular, but many don’t know about the threat or how real it is.
That’s why we need your help. Share this video. Send it to your friends and family. Post it on social media. Every share helps build the pressure we need to protect the public Postal Service that serves everyone, not just the wealthy few.
Read the Memo
