re: #282 Targetpractice

In the grand American tradition, the banks saw the way check-cashers are fucking over the poor and declared “That money could be buying me another gold-plated yacht!!”

Check-cashing services and payday loans keep the working poor poor, and make the business owners rich. They succeed because the banks don’t give a shit about low-wage customers.

In the old days, banks were there to help their customers save for the future — you know, as a public service. Credit unions (to some extent) live up to that ideal, but even they have started adding fees and curtailing services to customers with small amounts of money in their accounts. When I was a kid, I had a passbook savings account that had maybe $25 in it on average. I doubt any bank or credit union would even agree to keep that kind of account alive any more.