Category Archives: Uncategorized

GTE-FCU Declares a War on their Poor

Florida credit union GTE-FCU has decided they hate the working poor – so much that they have passed a poverty tax against them. It works like this: if you have a thousand dollars in savings, you can cash your checks. If you don’t, well, you can’t.

Not right away, anyway. They have decided to hold your checks – 1, 2 days. Or more?

more can I have some more?

“Please cash my checks, GTE-FCU? I’m mighty hungry? Please?”

The message is clear: if you work check to check, GTE-FCU doesn’t want to help. GTFO, in fact. Go to payday loans and pay a usurious rate. Do whatever you got to do, but don’t come to GTE-FCU for help.

Perhaps GTE-FCU forgets the fact that they are a credit union. These are supposed to be a nonprofit. From Wikipedia: “Credit unions are “not-for-profit” because their purpose is to serve their members rather than to maximize profits.”

Serve their members! Hear that, GTE-FCU? Is that news to you? Because if they are passing a poverty tax to piss off and alienate their poorest members, this would almost seem that they are discriminating against those with no resources, in favor of those with savings that they can make money off of.

This is how the poverty tax works: say I want do my errands on one day – deposit checks, pay bills, buy groceries. Well, now I can’t. Because I can’t access the money right away, this will take me 2 days, or 3 days – which means double or triple the gas, my time, and general pain in the ass. Worse, 2 or 3 days delay means I could pay a bill late, which means a late fee. Even worse, say I am a Mom just barely getting by (like a lot of Americans today) – and finally payday rolls around on Friday! Now I can feed my hungry children! But wait – GTE-FCU says Fuck you Ma! You can’t get the money until Monday! And then, only 200, and the rest later in the week . . . so this mother can’t wait until Monday, you sonsabitches, so she goes to payday lending joints, and pays through her nose just so her and her kids can eat that weekend. GTE-FCU, really? Who the hell do you think you are? Bank of America?

So last Friday I deposited checks at my local GTE-FCU, then drove to the gas station. CARD DENIED. INSUFFICIENT FUNDS. What the-? So I drive back to the GTE-FCU branch, and the teller informs me there is a new ‘point system.’ I can get a point if I have a thousand in savings. But I don’t have a thousand in savings. In fact, I just spent a thousand bucks on a new pump and tank for my well so I could have water. I am plum broke. My gas meter is on E. I am all outta cat food. Etc. So after waiting ten minutes the teller asks the woman next to her and she says, “Just this once, but this is our new policy so after this no.”

The teller tells me there have been a lot of bad checks passed lately. So, this is my problem? What is this, collective punishment then? Ala kindergarten?

The teller tells me it will take a day to get my money from now on.

So I ask: “So if I deposit a check Monday I get it Tuesday?”

“Yes.” she said.

You see this is important, because yesterday was that Monday, and I deposited that check. I asked because today, Tuesday, I need to make my house payment. Today is my deadline. But guess what, the teller lied. Only 200 of the check is available today. The rest tomorrow – which would incur me an extra 50 dollar fee for making my house payment late.

Like Barbara Ehrenreich says, [pp] “It is expensive to be poor!” Since the start of the Great Recession, over 90% of the gains have gone to the 1%. For most Americans, the recession is still going on. In fact, according to recent numbers, nearly half of America still lives paycheck to paycheck. Americans are suffering, man. Me included. I wasn’t always living like this, and I won’t be forever, but for right now, it is check to check for me like a lot of fellow Americans.

And my credit union has decided to make this worse. For me, and all the other members living check to check – which, if close to national numbers – is near half of them. Instead of being a decent nonprofit and giving us a helpful nudge up the prosperity ladder when we could really use it, GTE-FCU has decided to give us a nasty kick down. At a time when most Americans are suffering economically, credit-union-in-name-only GTE-FCU has decided to levy a poverty tax against those who can least afford it.

Shame on you, GTE-FCU.

Shame.

On.

You.

sad-rich-guy

“GTE-FCU doesn’t hold my checks! Perhaps you should work harder, prole!”

– Seabilly

#fuckyouwashington

The Disequilibrium Will Continue to Widen

Summarized by one of the study’s authors:

As you can see from the figure, participants rather badly estimated the current state of wealth disparity! Furthermore, they offered an ideal wealth distribution (under a “veil of ignorance”) that was even more different (and more equal) relative to the current state of affairs.

What this tells me is that Americans don’t understand the extent of disparity in the US, and that they (we) desire a more equitable society. It is also interesting to note that the differences between people who make more money and less money, republicans and democrats, men and women — were relatively small in magnitude, and that in general people who fall into these different categories seem to agree about the ideal wealth distribution under the veil of ignorance.

In reality, the top 20% own about 85% of the wealth. Most people guessed it was between 55%-60% — way off. And they thought the ideal number should be about 35%, a figure much lower than their 55%-60% guess, and far, far lower than the factual number of 85%.

I suppose most of the ultra-wealthy in this country are heartened to learn of these results, that the average American believes income distribution is more equally distributed than it actually is. It’s difficult to fuel class warfare when most of classes don’t have a clue as to what’s reality versus fiction. Ignorance is bliss, and who better to keep “catapulting the propaganda” than the likes of the GOP, Fox News, corporate special interests, etc.

Until most Americans get their heads out of their arses, this disequilibrium will continue to widen.

In debt talks, Obama offers Social Security cuts

President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for fresh tax revenue.

Goodnight America.

Torture crimes officially, permanently shielded

“On this, my last day as director, I welcome the news that the broader inquiries are behind us,” said a statement from CIA Director Leon Panetta, who will take over as defense secretary on Friday. “We are now finally about to close this chapter of our agency’s history” . . . . At CIA headquarters on Thursday, Holder’s announcement was greeted with relief. . . .

Couple of other comments…

The video shows these guys walking on dry land over and over but the very last shot at the end of the video makes it obvious that the water has now reached the main building.

meanwhile, The fire is pretty much uncontained and literally at the gates of Los Alamos…but not much about it on most the msm front page.

I tried to disccuss Fukishima and Ft. Calhoun with some people the other day, asking them what they thought…. and they looked at me like I was asking them if they ever had anal sex. Mum’s the word. It’s private. Between the elements and the corporatists. Sshhhh.

“What we don’t know won’t hurt them.”~The Consul

Arlington PD Testing Unmanned Aircraft Department hopes to use drones in emergency situations by January


The Arlington Police Department is in the first part of its experiment in using unmanned aircraft to assist in law enforcement.

The department has been testing and evaluating two battery-operated, remote-controlled aircraft over a small, restricted airspace near Lake Arlington Dam, away from populated areas.

The aircraft are flown only for daylight operations and within a small, restricted airspace. The aircraft have to remain within the pilot’s line of sight and fly 400 feet above the ground level.

Pilots obtain the same license as a commercial aircraft pilot.

Arlington hopes to demonstrate the aircraft’s potential law enforcement uses. All flight data is recorded and sent to the Federal Aviation Administration for evaluation.

“All of the U.S. and the FAA is depending on our testing and experiment, our experimentation to create a model for law enforcement usage of these vehicles,” Police Chief Theron Bowman said.

Hackers Are Everywhere. Panic!


John Dvorak on the looming internet clamp-down.

I think the number of recent hacks and the amount of news coverage on these attacks is suspicious. Could they be false flag events to help the government regulate the Internet?

Meanwhile,

Exclusive: The Fed’s $600 Billion Stealth Bailout Of Foreign Banks Continues At The Expense Of The Domestic Economy, Or Explaining Where All The QE2 Money Went

But, hey, why worry? Our lawmakers and politicians care about YOU.

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