Unemployment checks on debit cards that charge fees?
Now here is an unbelievable story. When the taxpayers are put on the hook to help banks out, the banks really know how to kick a man in the balls when he is already down and out.
Citibank, Bank of America, JP Morgan Chase and US Bancorp are feeing the unemployed to death, according to a report from the Associated Press.
Some 30 state labor departments are essentially outsourcing the handling of unemployment compensation to the banks. As part of the deal, the banks are issuing unemployment checks via piece-of-trash plastic debit cards. You get fees each time you use them — even if you just check the balance to see what you have left!
This disgusting and outrageous behavior really highlights the ethical bankruptcy of the banks. And to the state employees who green-lighted this arrangement, is it really a good idea to rip the citizenry?
Oh of course, the god damn state government’s were involved on this one! Expect the same jackassery when we have government healthcare.
Bank of America spokeswoman Brittany Sheehan says the bank believes the fee schedule associated with the unemployment debit cards is “reasonable and consistent with similar programs.” Yeah, right. If you have a choice between the plastic and the check…get the check!
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Tags: atm, bank, bank of america, citibank, debit cards, fees, j.p. morgan chase, unemployment, us bancorp













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