Follow by Email

Saturday, September 19, 2009

A little bummed out at the lack of cheap downloading services in Berkeley

Howdy folks. Well, yesterday I met a man with a very bright orange shirt, and today I saw flowers that were decidely purple. I had a interesting discussion about the reason for banking practices with a banker, in which I described how fees are a direct burden on the working poor, because, those with a few hundred in the bank at all times ( I guess the lower middle class), don't have the problem of the gauging via fees in their life. In my case, the bank had numerous purchases "still on hold" when I went over my "balance," which was not, apparently what was printed on my online account. In one case, I had a 75cent purchase held back six weeks until I went over my account balance, at which point it suddenly was released: for a 35 dollar surcharge. my point: the bank profits more from negative and positive accounts then it does from zeroed out accounts. If you HAVE money in the bank, they can get a loan out of it, if you OWE money, they can SELL the debt to someone else. If, on the other hand, you have just "no money," or a few pennies minus or plus in the account, it's useless. Thus, those living on the edge financially are particularly burdened by these fees, which are simply imaginary income for evil banks, because they kick in Usuriously, in a way that is unexpected. For a 200 dollar overdraft, i'm being charged 890 dollars! Supposedly because I overdrafted "before" all the other purchases went through, even though my overdraft was the last thing I ever did in the account, over a week past any other purchase, all the other purchases rack up 35 dollar fees. If that is not illegal, it is certainly immoral.

Stay tuned, I will print out new cartoons in a few days.
If I do not soon meet up with a scanner, I will go to a Kinkos.

No comments:

Post a Comment