Joe Six Pack can use the mail. He/she just has to go to the post office, and provide ID and return address. Inconvenient, yes. But secure.
The working capital is more of a problem. I haven't thought deeply about this, and it may not work. What I had in mind is that the govt (you and I, the taxpayers) would provide a fund (war bonds?) from which to cover corporate losses directly resulting from mail losses. I would not expect this to be huge, as I said, if your bill is late, and you are penalized, you have to show proof that it was because of the mail (a mail receipt would do). How and at what speed that company would be bailed out, I don't know. We're bailing airlines, aren't we?
I'm just trying to come up with ideas, I'm sure there are better ones out there. All I know is that if we do nothing, the next time we won't have to worry about bailing out anyone, there may not be many left to bail out. |