Bailed out banks won't cash SS checks
Today, after waiting I finally got my first SS check. Now, since I've been on the ropes for almost the past year, and not having a bank account I tried to cash a fat Social Security check. With my drivers license, passport and social security card, I went to two banks.
The first one was Chase, you know the New York bank that acquired WaMU after they went under. Chase, who has taken billions in bail out money from the taxpayer, refused to cash my check unless I opened an account. I told them that I had just spoken with some one from the local social security office who said any bank should cash it because they take federal funds and rules to operate. Not only that, they use FDIC deposit protection, and get a slush fund interest rate to borrow federal money. Yet they refused to cash a check drawn on the federal treasury with the proper identification.
I got the same bs from the US Bank. Both times, I said bullshit and left. I ended up having to cash it and put the funds on a prepaid debit card account I already had where I wanted to put the money in the first place. But the kicker was it cost me $40 to cash a federal check at banks who took federal taxpayer bailout funds, yet refuse to cash the governments check unless you deposit your money into their bank so they can collect interest off of it or you don't get it cashed.
Well, after this, I got news for you fucking officials in Washington DC and Washington state for that matter that allow banks to do this crap. Any one of you bandits that are running here and support the banking industry and their activities like this aren't getting a vote from me. I'll vote for the Zig Zag Man before I vote your tired, bought and paid for asses. I can remember when American banks were glad to cash your check hoping, not demanding that you deposit your money with them without strong arming you.
I now have it set to go direct deposit to the card I paid 2.4 percent to get there. The feds are now setting up their own debit card thing and after you use it five times, you start getting charged. I have a plan with my debit that I pay a monthly fee with no added charges if I use it 100 times. Uncle Sam when are you and the banking industry going to quit making the collective ass of the US looking like the Lincoln Tunnel after all the fucking its been taking? :wtf:
Bailed out banks won't cash SS checks
that sucks on so many levels...:wtf:..I'll be in that boat, next year..:pimp:..:postgood:
Bailed out banks won't cash SS checks
Quote:
Originally Posted by Dutch Pimp
that sucks on so many levels...:wtf:..I'll be in that boat, next year..:pimp:..:postgood:
I knew people a few years back who could walk into the bank and get it cashed. One of the reasons I was given was they had to make sure it was legit. US Bank said, we will cash it and give me $100 now, and I would have access to the rest the next day. O'Really? I mean US Bank gives me a $100, holds the balance overnight (interest collected by them under their industry written rules), and I don't get squat but the balance or just access to the balance.
Chase had sent me one of those come-ons for $100 if I opened an account. It had some free (sic) stuff like checking, no minimum balance, etc. But their debit card charges kick in after 5 uses. That's how they get their $100 back so they ain't givin' a person diddly.
I'm beginning to see it as a move by the government to force all monetary transaction into the electronic world.
I or anyone else should be able to demand from any bank insured by the federal government, cash for a check issued by the federal government without reservation with the proper ID. And I intend to write Patty Murray and any other democrat and let them know that if they support banks being able to do this then they won't get my vote, nor will their opponent. I will give me vote to the Zig Zag Man on a write-in. Fuck 'em. :pimp:
Bailed out banks won't cash SS checks
I only use banks with free checking or interest bearing checking accounts. Usually $100 minimum. My main bank has 2 accounts, one strictly for my direct deposits. After its deposited I move it to another account or usually just get the cash and keep it in my safe.
With the economy like it is and with banks having fractional reserve banking where they only have to have 8% in cash to cover withdrawals, they can get into a bind in a hurry is deposters get spoked. The fed is talking about lowering the reserve requirement to 0%.lol
Bailed out banks won't cash SS checks
I dont use banks either, Paper money is worth nothing with out shiny metals to back it up and the Us Government dosnt have enouf shiny metals even for 10 percent of society. So Sence They like to just keep printing money till we reach the Unstopable collapse of the Late united States Of America, I will be spending my money as fast as I get it for hard goods like Storageable food(IE the only Real security any one has is FOOD, with out it you Die) Best Home Food Free Guide Info Easy Help 1 Year Supply. California already talking about cutting welfare and SS. ROFL. Cant wait till Cali tears its self apart and destroys its own disease, I just hope the Rockie Mountains Contain the fire. Yall know my view on things hahaha
Bailed out banks won't cash SS checks
First of all how old are you and WHY dont you have a bank account? Why didnt you go to a check cashing place? The banks dont care unless your a customer.......no banks right now are gonna take some joe nobody walking in off the street with a huge check not from their bank and cash it without a bank account. It aint gonna happen.
This is 2010.......and its called direct deposit. Go open a bank account. Do you keep all your SS money in your mattress??
Seriously......Holy Cow dude.
Bailed out banks won't cash SS checks
This is the reason I hate everything/person/group/associate who is involved with banks, insurance, and normally government establishments.
-C
Bailed out banks won't cash SS checks
Quote:
Originally Posted by Islandborn
First of all how old are you and WHY dont you have a bank account? Why didnt you go to a check cashing place? The banks dont care unless your a customer.......no banks right now are gonna take some joe nobody walking in off the street with a huge check not from their bank and cash it without a bank account. It aint gonna happen.
This is 2010.......and its called direct deposit. Go open a bank account. Do you keep all your SS money in your mattress??
Seriously......Holy Cow dude.
check cashing places rape you more than banks do,something crazy like 5 bucks
for every 100 or more sometimes ive seen.I have a bank account,but sometimes have to deal with other banks because family will gift us money but have both our names on it,and ill never have a joint account ever again after my first wife screwed me on that.My grandpa paid me from his business account for a gift not long ago after the baby was born and his bank(bank of america) charged me 5 friggin bucks to cash it there,all because it said me and wifey, not me or wifey.
Bailed out banks won't cash SS checks
Quote:
Originally Posted by Ub3rB0ng
check cashing places rape you more than banks do,something crazy like 5 bucks
for every 100 or more sometimes ive seen.I have a bank account,but sometimes have to deal with other banks because family will gift us money but have both our names on it,and ill never have a joint account ever again after my first wife screwed me on that.My grandpa paid me from his business account for a gift not long ago after the baby was born and his bank(bank of america) charged me 5 friggin bucks to cash it there,all because it said me and wifey, not me or wifey.
Well.......I guess I totally understand that point.....after going through a previous nasty divorce myself....I got hosed too. Took me years to get passed it with my trust issues. But I had to let it go to move on and before I could truly love my new wife. I also understand the "gifting" money thing your talking about......I think my mother gifted us 6500$ when my boy was born.....but I got over alot of my trust issues and we have joint accounts. She isnt a bad person deep down like my ex and has her own money and great job.
I dunno man......im not hatin for that choice....but maybe try to let the past be the past and move on from the ex or atleast try. Your current wife doesnt care about you not doing a joint account? With a child together? Because of an ex? My wife might have a few, fair, questions for me over that.
Bailed out banks won't cash SS checks
And yea.....the check cash places rape ya no doubt.....but its kinda the price people have to pay who dont have a bank account at all? Seems wrecklessly irresponsible for anyone over 25 years old not to have their own bank account and some sort of savings plan. It also isn't very impressive to the ladies once your outta college......whats your credit score and how much debt do you have would be some of my first things to investigate if I was dating someone. Its 2010.
Bailed out banks won't cash SS checks
nah she doesnt care,she has her own bank account,her own job,her own money.I like having my own bank account and my wife does too so it just works out for us,and my wife knows everything about my past because she helped me get sole custody of my lil ones. Ill be honest with ya I just recently got a new bank account this year because when I was younger and just partyin i screwed up bad and bounced checks and stuff.So i took that out of the equation,but now its all good. Im glad I dont drink much nowadays,id rather be stoned anyway,life is good.
Bailed out banks won't cash SS checks
Its just as bad when you purchase something online and they cancel the order because it was out of stock and not put on the web page. I just tried to buy something from Sears, they charged my card for it, then sent me a notice saying the item was out of stock and they would refund my money. Fine up to that point. Now they will take five days to refund my money while they eek out few pennies of interest on it. I guess those pennies add up when they belong to someone else and you play with their refund money. What Bullshit. :wtf:
And if I ain't bitchin' about being screwed by the government or big business, and its not just about me, then you better think something is wrong!! :S2:
Bailed out banks won't cash SS checks
Quote:
Originally Posted by Ub3rB0ng
nah she doesnt care,she has her own bank account,her own job,her own money.I like having my own bank account and my wife does too so it just works out for us,and my wife knows everything about my past because she helped me get sole custody of my lil ones. Ill be honest with ya I just recently got a new bank account this year because when I was younger and just partyin i screwed up bad and bounced checks and stuff.So i took that out of the equation,but now its all good. Im glad I dont drink much nowadays,id rather be stoned anyway,life is good.
Thats kinda funny......we have a VERY SIMILAR story. Very similar. I also had to quit the drinking 4 years ago cause of my allergic reaction that caused me to break out in hand-cuffs....
Glad ya got custody bro. My kids saved me from me.
Bailed out banks won't cash SS checks
young dudes...Join a Credit Union. Once a member, always a member. If you don't fuck them, they won't fuck you...IMO..:pimp:
I've belonged to two Credit Unions in the last 40 years. They treat me like a king..:thumbsup:
my bank treats me like a peon..:wtf:
Bailed out banks won't cash SS checks
Dutch Pimp........awsome advice. We belong to two banks, one of which is a credit union. They didnt even put a hold on our money when we opened the account like 6 months ago. My Grandfather was also a credit union guy and he was the smartest man I have ever met.
My family is paying off ALL our debt currently, down to about 1100 dollars besides our home and we have atleast 60 grand equity in the crib which isnt to shabby for a 31 year old I guess. We arent opening ANY new credit lines and cut up 7 cards we used to have after we paid them off.
Any other advice Pimp? Any thoughts on when to sell our gold for optimum profits? We watch the markets and do our homework......just thought an independent source may provide useful info.
Bailed out banks won't cash SS checks
Quote:
Originally Posted by Islandborn
Any thoughts on when to sell our gold for optimum profits? We watch the markets and do our homework......just thought an independent source may provide useful info.
This all happened before during the Carter years.....if you can find some type of chart on the ups and downs of the gold market that would be a great place to start. If I recall correctly, as soon as the housing market started taking off again the price of gold began to decline.
Have a good one!:s4:
Bailed out banks won't cash SS checks
Wait for the attack on Iran. Oil prices will at least double pulling along other commodities, especially gold. You believe that is in our national interest so you may as well profit from it.
Bailed out banks won't cash SS checks
Nothing like IB trying to hijack another thread. The price of gold has no relevance here. Its about the banking industry not the gold market. :cool:
Bailed out banks won't cash SS checks
awwww, my bad.....that was a two way conversation lil mrs. nosey.....didn't you put me on your ignore list?? Don't be a hater. We make and Save money in my home.
I wont even dive into why you dont have a bank account......sounded like a thread for a 18 year old heading outta their moms house for the first time.
So lemme get this straight.....now I cant even post on a thread and converse with someone.....without you bitching about it......you sure are tolerant of all peoples arent ya.:)
Bailed out banks won't cash SS checks
it was also a conversation between two people who clearly are better at handling their own finances than you are.......take notes perhaps and quit stalking me and trying to start drama......hater.
Bailed out banks won't cash SS checks
Quote:
Originally Posted by Psycho4Bud
This all happened before during the Carter years.....if you can find some type of chart on the ups and downs of the gold market that would be a great place to start. If I recall correctly, as soon as the housing market started taking off again the price of gold began to decline.
Have a good one!:s4:
No shit......thanks for that tid-bit. Looking at the housing market currently I guess its not going anywhere.....just curious.
Gotta find that chart.
Bailed out banks won't cash SS checks
Hold on to the gold (and any other precious metals) at least another 9 months. If there is an attack it will come sometime in the next year (I'm giving it 3 months with my outside money on 3 - 5 weeks). You will do well if you are holding gold. The question will be when to sell during the crisis. Usually the first few days of any crisis offers the best returns, as markets tend to over react. However, we could be in for a real roller coaster if the Straights of Hurmoz are closed to shipping for any length of time and/or if Iranian crude is withdrawn from the market. Don't forget, Iran has the thrid largest proven reserves after Saudi and is the second largest exporter. Taking them off the market would be almost unthinkable. And if you don't think they will use oil as a weapon, guess again. As you and I have discussed, it won't matter if Israel does the attacking, we will be held to account. I'm not busting your balls here. I'm offering my take for what it is worth. We recently moved significant funds into precious metals based on this calculation. ...and nobody is stalking you. Be serious.
