And...well...corporate owners, maybe you shouldn't have backed the racist and helped your mass media arms shit on Joe Biden and Kamala Harris. You supported the bomb-throwing terrorists getting into the armored cockpit, and you might be in First Class where the rest of us are in coach or the cargo hold. But we're all on this plane together.
Ta, Robyn. Other countries' poor people get to use their local post office for banking. Ours should, too. A number of our program's clients get SSDI or SSI. There's this horrible scammy company called DirectExpress that mails them cards to activate, and Social Security puts the funds there. Unfortunately DE will only accept very official ID -- a Social Security card plus driving license or non-driver state ID. Months ago, I took a client -- not "mine," but in our program -- to get a photo taken for free NYC ID, which would be mailed to him in ten business days. The client didn't tell his Patient Navigator that he had it, probably because he'd already been through it not being good enough for DE. I overheard the PN talking about calling banks to find one that would accept a NYC Go ID and a Social Security card to open an account, and failing. I told him to hang on, because I knew my credit union had opened a branch in The Bronx, and they accept NYC's ID. I located the branch, and wrote down the address for the PN. The client is owed about nine months of SSDI, and now he can open a credit union account with the paper check SS is mailing to him. The PN is SO grateful, because this is not the only client of his with this particular problem.
So it's like keeping your money in a mattress. But you keep your mattress in your neighbor's front yard. With a sign that reads "Money Mattress" on it.
Both my husband and I use credit unions. They aren't perfect, but they aren't crooks. When my local credit union was raising the minimum amount to keep an account open from $25 to $75, they gave everyone six months' notice, so the Welfarians had time to adjust.
My husband's parents had the kind of wills where they left everything to each other, and then if the other was already gone, there were various other bequests to their children, etc. His mother died rather unexpectedly - she was old, but in decent health, while his dad had been in long term care in poor health for some time. This meant that her up to date nicely figured out further bequests became irrelevant, because everything she had went to him. He died nine months later, with a very old will (he couldn't update due to dementia) that didn't take into account all sorts of complicating factors. So it was a bit of a mess, and took some time to untangle.
Meanwhile, between these two deaths, my husband died. My bank made me close out all our joint bank accounts, put everything in my own name. About two years go by, my FIL's will is finally all settled, and I get a cheque made out to "Estate of [husband}. I go to my bank - the one that made me close out all accounts with husband's name on them - and they would not accept the cheque. This is right after the 2008 crash, and banks were being very wary. My lawyer called them - very small town, they all knew each other - but no dice.
The point of this story? I went to the credit union across the street, explained the entire situation to them, and they said no problem, you just can't take any of the money out for a year. That worked for me, and all was well. Credit unions in my experience are almost always more reasonable than banks.
I hate the lack of privacy and accountability with the fintechs, and so far I am able to avoid them for the most part. How long will it be before they make it too difficult and costly to avoid using fintech? What if a miracle happens and non-RWNJs get to take power again? Will the rest of us be forced to bail out the fools who get ripped off? Will we have to pay to rescue fintech companies from their own greed and errors? If corporations are supposed to be people, too, whatever happened to personal responsibility? What should I be reading/watching/listening to, in order to become better informed?
"He’s been planning for a long time now to turn The Site Formerly Known As Twitter into 'an everything app' that would ultimately also be a payment app like Venmo or Paypal."
Oh, you mean like the Chinese did with WeChat YEARS ago? Goddamn we are a backwards country.
I didn't say it was a good thing, but as a platform that already integrates social media with payments, it's way out ahead of Elon Musk. I have only used it to chat with relatives when they were in China and that seemed like the only way I could contact them, but we somehow managed to get Whatsapp to work every once in a while. But they couldn't pay for ANYTHING without WeChat. Heck, even the BEGGARS used WeChat to solicit donations.
Nah, the banks will just lobby to have *their* regulatory agencies also gutted.
Moronic morons moroning moronically.
🤣😂🤣😂🤣😂🤣😂🤣😂
Do NOT entrust your money to Apartheid Clyde.
And...well...corporate owners, maybe you shouldn't have backed the racist and helped your mass media arms shit on Joe Biden and Kamala Harris. You supported the bomb-throwing terrorists getting into the armored cockpit, and you might be in First Class where the rest of us are in coach or the cargo hold. But we're all on this plane together.
Okay, so my bank recently informed me if my checking account dropped lower than 500.00
they'd charge me 10.00? What kind of shit is this? How they love to screw the people who have no money. ( almost)
It's akin to the usury - they do it because they can. It's an adjunct to the overdraft fees.
The funny thing is, my bank does this too, by automatically assessing the charge...and then if the balance is checked, they immediately credit it.
I've stubbornly managed to keep my balance above 500. while looking for a new bank.
Ta, Robyn. Other countries' poor people get to use their local post office for banking. Ours should, too. A number of our program's clients get SSDI or SSI. There's this horrible scammy company called DirectExpress that mails them cards to activate, and Social Security puts the funds there. Unfortunately DE will only accept very official ID -- a Social Security card plus driving license or non-driver state ID. Months ago, I took a client -- not "mine," but in our program -- to get a photo taken for free NYC ID, which would be mailed to him in ten business days. The client didn't tell his Patient Navigator that he had it, probably because he'd already been through it not being good enough for DE. I overheard the PN talking about calling banks to find one that would accept a NYC Go ID and a Social Security card to open an account, and failing. I told him to hang on, because I knew my credit union had opened a branch in The Bronx, and they accept NYC's ID. I located the branch, and wrote down the address for the PN. The client is owed about nine months of SSDI, and now he can open a credit union account with the paper check SS is mailing to him. The PN is SO grateful, because this is not the only client of his with this particular problem.
It's Canadian so maybe they'll fuck him
Suspicious Tesla Sales Surge Triggers Canadian Government Investigation
https://motorillustrated.com/suspicious-tesla-sales-surge-triggers-canadian-government-investigation/149947/
Only poorly run enterprises spends much of their energies complaining about regulations
So it's like keeping your money in a mattress. But you keep your mattress in your neighbor's front yard. With a sign that reads "Money Mattress" on it.
plan for the short term, miss the big picture, lose out - sounds like the sort of person i want in charge of my bank - not
Musk has told and shown us he's up for pulling the plug on anything that might fancy his tickle.
Just the kind of guy that you want to do all of your banking with.
It's grifters, all the way down.
It's like all banks (or financial businesses) are crooks.
Both my husband and I use credit unions. They aren't perfect, but they aren't crooks. When my local credit union was raising the minimum amount to keep an account open from $25 to $75, they gave everyone six months' notice, so the Welfarians had time to adjust.
My husband's parents had the kind of wills where they left everything to each other, and then if the other was already gone, there were various other bequests to their children, etc. His mother died rather unexpectedly - she was old, but in decent health, while his dad had been in long term care in poor health for some time. This meant that her up to date nicely figured out further bequests became irrelevant, because everything she had went to him. He died nine months later, with a very old will (he couldn't update due to dementia) that didn't take into account all sorts of complicating factors. So it was a bit of a mess, and took some time to untangle.
Meanwhile, between these two deaths, my husband died. My bank made me close out all our joint bank accounts, put everything in my own name. About two years go by, my FIL's will is finally all settled, and I get a cheque made out to "Estate of [husband}. I go to my bank - the one that made me close out all accounts with husband's name on them - and they would not accept the cheque. This is right after the 2008 crash, and banks were being very wary. My lawyer called them - very small town, they all knew each other - but no dice.
The point of this story? I went to the credit union across the street, explained the entire situation to them, and they said no problem, you just can't take any of the money out for a year. That worked for me, and all was well. Credit unions in my experience are almost always more reasonable than banks.
"Xitter Pay" was already taken, huh?
xitt dot com is available... ;)
I hate the lack of privacy and accountability with the fintechs, and so far I am able to avoid them for the most part. How long will it be before they make it too difficult and costly to avoid using fintech? What if a miracle happens and non-RWNJs get to take power again? Will the rest of us be forced to bail out the fools who get ripped off? Will we have to pay to rescue fintech companies from their own greed and errors? If corporations are supposed to be people, too, whatever happened to personal responsibility? What should I be reading/watching/listening to, in order to become better informed?
We'll do whatever benefits a rich guy.
"He’s been planning for a long time now to turn The Site Formerly Known As Twitter into 'an everything app' that would ultimately also be a payment app like Venmo or Paypal."
Oh, you mean like the Chinese did with WeChat YEARS ago? Goddamn we are a backwards country.
Are you sure about WeChat being a good thing?
I want a government that has to put at least some effort
in invading my privacy.
I didn't say it was a good thing, but as a platform that already integrates social media with payments, it's way out ahead of Elon Musk. I have only used it to chat with relatives when they were in China and that seemed like the only way I could contact them, but we somehow managed to get Whatsapp to work every once in a while. But they couldn't pay for ANYTHING without WeChat. Heck, even the BEGGARS used WeChat to solicit donations.