JPMorgan Chase’s $2 billion trading loss is top news nationwide. But over at the U.S. Postal Service (USPS), such losses are business as usual. USPS reported a typical (for it) $3.2 billion loss for the most recent quarter. Try that comparison on for size.
You know what, Heritage. You’re right. Those two things are exactly the same. JPMorgan is legally obligated to set aside benefits for retirees in advance, and the U.S. Postal service is a voracious users of risky derivatives.
You’re good at trolling, but I’m great at sarcasm.
41 notes
-
whakahekeheke likes this
-
benitah likes this
-
swordofomens reblogged this from numb3r5ev3n
-
iamnotuntitled likes this
-
thedailyfiona reblogged this from rightklik76
-
rightklik76 reblogged this from theheritagefoundation
-
alittleheadache likes this
-
numb3r5ev3n reblogged this from void-liminality
-
numb3r5ev3n likes this
-
void-liminality reblogged this from lepus
-
caleyhustle likes this
-
samanthamerry likes this
-
yuppienews reblogged this from theheritagefoundation
-
pauliorra reblogged this from theheritagefoundation
-
cokedupjesus likes this
-
ajamison likes this
-
lepus reblogged this from dansolomon
-
brevetcaptain likes this
-
offtheinternet likes this
-
andrewgraham likes this
-
section9 likes this
-
jasencomstock likes this
-
andrewgraham reblogged this from theheritagefoundation and added:
You know what, Heritage. You’re right. Those two things are exactly the same. JPMorgan is legally obligated to set aside...
-
stuff-that-irks-me reblogged this from theheritagefoundation
-
perseidbadger likes this
-
bmichael likes this
-
drawing-bored likes this
-
bricksandmortarandchewinggum likes this
-
semp666iternal likes this
-
lolingatliberals likes this
-
theheritagefoundation posted this
