🚀 go-pugleaf

Scott in SoCal <scottenaztlan@yahoo.com> writes:
>I would consider basic fiscal management to be one of the requirements
>to be called a functioning adult.

I've noticed from your postings in this newsgroup that people
frequently fail to live up to your expectations.

This would appear to be one of those times.

http://articles.moneycentral.msn.com/SavingandDebt/Advice/SurveyManyAmericansIgnoreTheirFinances.aspx

I know, I know, all those people who don't keep track of
their money as well as you do are retards, right?

>So what are you suggesting? That such people be allowed to bounce
>checks whenever they please without any sort of penalty?

No.  I think I was perfectly clear about what I'm suggesting,
and that's not it.  Perhaps you need to go back and read my
last message again.

>>For these people, using a debit card is actually a very intelligent way
>>to keep a handle on their spending.  The assumption that debit card
>>transactions are processed nearly immediately is, in the vast majority
>>of cases, a perfectly reasonable one.  This is especially true since
>>the banks USE THIS AS ONE OF THE SELLING POINTS OF DEBIT CARDS. 
>
>Cite. Show me an advertisement from a bank which touts this feature as
>a selling point.

http://www.theallineed.com/money/04102501.htm: "Consumers
don't have to carry cash, a checkbook or present
identification because the debit transaction subtracts funds
immediately from their checking or savings account."

http://www.citizensbank.com/pf/cards/debit.aspx:

* "You get the convenience of writing a check without having
to wait for approvals."

* "Purchases are automatically deducted from your checking
account and are recorded on your monthly statement."

http://www.bankofamerica.com/deposits/checksave/index.cfm?template=checkcards_overview:

* "As convenient as cash"

http://www.bankofamerica.com/deposits/checksave/index.cfm?template=checkcards_manage:

* "You can set your check card daily cash withdrawal and
purchase limits whenever you like.  Your changes take effect
immediately."

  Do you think that works when a mechant delays processing
  accumulated charges for five months?

https://customerservice.sovereignbank.com/cgi-bin/sovereignbank.cfg/php/enduser/std_adp.php?p_sid=3qkGOtaj&p_accessibility=&p_faqid=308:

* "Receive all card activity in an itemized monthly account
statement, along with your checks or ATM transactions."

http://usa.visa.com/personal/cards/debit/index.html:

* "When you make purchases, the amount is deducted directly
from your checking account."

* "Just use your Visa check card when you are ready to pay.
It works fast, so there's no need to write checks or fumble
for change.  Plus, you'll save on trips to the ATM and can
leave your checkbook at home."

* "when you sign for your purchases, your money comes
directly from your checking account."

* "Check card transactions are automatically deducted from
your checking account and typically posted within 24 hours of
your purchase.  So you can check your updated balance and
transaction record on your card issuer's website or by phone."

* "Every month you'll also receive a checking account
statement that details your purchases, including merchant
name, location, date and amount.  So it's easy to see where
your money goes."

Scott, you can play all the semantic debating games you want,
but the fact of the matter is that anyone who isn't an idiot
(and yes, I place you in the "not an idiot" category) knows
full well that the banks and card issuers push debit cards as
more convenient to use than cash and easier to keep track of
what you're spending.

>You, sir, are the quintissential "Bleeding-Heart Liberal." Does the
>phrase "personal responsibility" mean anything to you? 

Yes.

-- 
Jews for Obama (http://www.jews4obama.com/)