Ackman... You Out There? Here's Your Short(s). Take em to zero.

[zdreg]

Can't say the big banks are much better.

Borrowing from the Fed at 0-0.05% APR, and charging 26% APR credit card rates?

We used to have usury laws in this country to prevent against this type of exploitation of people. That all changed in the 1970s when the country decided to go all-in on financialization - which was only made possible due to the bastardization of the currency.

And I know, I know, the Randians and Friedmans will now chime in with "well, no one forces you to use the cards".....to which one could respond with "no one forces people to use the payday loan services....or the overpriced hospitals...or heroin."

both paragraphs are true, but what is your point ?
Remember,the tougher the usury laws the happier the Mafia is.

 

[zdreg]

Killer Mike (he's a rapper/activist) is on CNBC with Joe and Andrew saying exactly what I wrote above.

Word for word.

Good.

These check cashing places need to go.
They rip people off, and unfortunately it falls heaviest on people of color.

Apparently this guy is starting a movement and he says he's gonna get Biden to shut them down as job 1 in January. He's got a lot of heavyweights behind him too.

... told ya'll so.

If cashing checks is a profitable business for people without bank accounts why are banks not in that business or for that matter the post office.?

 

[mukoh]

You obviously have no idea what you are talking about OP.

People who are cashing their checks at check cashing places paying $25 fee for a $300 check are doing so to avoid withholding by the child support or other institutions that are garnishing them. There is no other reason for someone not to have a bank account besides fear of being swept by their ex who has $500 a month order from the state to sweep and garnish. So they are paying check cashing places for that exact privileges'.

 

[SteveM]

People who are cashing their checks at check cashing places paying $25 fee for a $300 check are doing so to avoid withholding by the child support or other institutions that are garnishing them.

So the check cashing places are aiding and abetting criminal activity? Even more reason to shut them down.

 

[vanzandt]

You obviously have no idea what you are talking about OP.

People who are cashing their checks at check cashing places paying $25 fee for a $300 check are doing so to avoid withholding by the child support or other institutions that are garnishing them. There is no other reason for someone not to have a bank account besides fear of being swept by their ex who has $500 a month order from the state to sweep and garnish. So they are paying check cashing places for that exact privileges'.

Wtf?
Who the fuck are you?

First off my friend... I know exactly what I'm talking about.

Second... a wide sweeping generalization the likes of which you just posted, that "only men that are skating on child support payments" are using these things, is not only racist as fuck... it also paints you clueless as fuck.

Now you can let this go.... or we can open a can of worms.
Your choice buddy.

 

[Overnight]

Wtf?
Is that what it is?!
First off my friend... I know exactly what I'm talking about.

Second... a wide sweeping generalization the likes of which you just posted, that only men that are skating on child support payments are using these things, is not only racist as fuck, it also paints you clueless as fuck.

Now you can let this go.... or we can open a can of worms.
Your choice buddy.


To say what I don't know what I'm talking about,

Mukoh, it is a bad sign when Vanz ends his post midway with a comma. You have awoken a sleeping giant. Don't be like the Japs. Surrender early before you get Nagasaki'd, hehe.

 

[mukoh]

Wtf?
Who the fuck are you?

First off my friend... I know exactly what I'm talking about.

Second... a wide sweeping generalization the likes of which you just posted, that "only men that are skating on child support payments" are using these things, is not only racist as fuck... it also paints you clueless as fuck.

Now you can let this go.... or we can open a can of worms.
Your choice buddy.

I got scared immediately, and started learning Spanish to make a quick exit before the boogeyman gets me. Being pressured now to liquidate everything and find a small hole to crawl into and donate all my proceeds to BLM/Antifa.

Taking what I said from my own experience as an investor in companies two of which are over 40 employees+. 10-15% Of the employees mixed sexes, races, are avoiding direct deposit. When over the years we have continued to move management to switch to DD with them as well we were described situation for ALL OF THEM as follows: child support (some with 4+ kids with 4 different moms), tuition, back taxes, collection agency, etc. Had I heard another reason outside of that would be able to have a different opinion.

WTF is this racism you are talking about?

 

[mukoh]

Mukoh, it is a bad sign when Vanz ends his post midway with a comma. You have awoken a sleeping giant. Don't be like the Japs. Surrender early before you get Nagasaki'd, hehe.

Agreed. I was not scared at first but then the uncontrollable panic attack started and now I can't even imagine another hour being this scared. Especially the amount of f bombs in the post made me tremble. Trailer park language has always been a scary one for me.

 

[Overnight]

Agreed. I was not scared at first but then the uncontrollable panic attack started and now I can't even imagine another hour being this scared. Especially the amount of f bombs in the post made me tremble. Trailer park language has always been a scary one for me.

I wasn't being facetious.

 

[newwurldmn]

what kind of companies?

I got scared immediately, and started learning Spanish to make a quick exit before the boogeyman gets me. Being pressured now to liquidate everything and find a small hole to crawl into and donate all my proceeds to BLM/Antifa.

Taking what I said from my own experience as an investor in companies two of which are over 40 employees+. 10-15% Of the employees mixed sexes, races, are avoiding direct deposit. When over the years we have continued to move management to switch to DD with them as well we were described situation for ALL OF THEM as follows: child support (some with 4+ kids with 4 different moms), tuition, back taxes, collection agency, etc. Had I heard another reason outside of that would be able to have a different opinion.

WTF is this racism you are talking about?