Comment on YSK De-banking is often how the US first declares you "homeless"

ViatorOmnium@piefed.social ⁨8⁩ ⁨months⁩ ago

• yetAnotherUser@discuss.tchncs.de ⁨8⁩ ⁨months⁩ ago

  Goddammit you are an hour quicker and have found a more readable source for the same comment I wanted to write.

  Anyway, this right is granted in paragraph 36 of Directive 2014/92/EU of the European Parliament and of the Council of 23 July 2014 on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features Text with EEA relevance:

  Consumers who are legally resident in the Union and who do not hold a payment account in a certain Member State should be in a position to open and use a payment account with basic features in that Member State. The concept of ‘legally resident in the Union’ should cover both Union citizens and third country nationals who already benefit from rights conferred upon them by Union acts such as Council Regulation (EEC) No 1408/71 ( 1), Council Directive 2003/109/EC ( 2 ), Council Regulation (EC) No 859/2003 ( 3) and Directive 2004/38/EC of the European Parliament and of the Council ( 4 ). It should also include people seeking asylum under the Geneva Convention of 28 July 1951 Relating to the Status of Refugees, the Protocol thereto of 31 January 1967 and other relevant international treaties. Furthermore, Member States should be able to extend the concept of ‘legally resident in the Union’ to other third country nationals that are present on their territory.

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• jacksilver@lemmy.world ⁨8⁩ ⁨months⁩ ago

  I’ve long held the belief that the US postal service should also provide basic banking services too in the US, that way no one can be denied a bank account.

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  • Fredselfish@lemmy.world ⁨8⁩ ⁨months⁩ ago

    One of the things Bernie Sanders ran on. He wanted to do that and ton more good things for us little people. But the Democrats rather have fascism under Trump then progressive policies.

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    • muntedcrocodile@hilariouschaos.com ⁨8⁩ ⁨months⁩ ago

      The dems purposely fucked Bernie in the primary then called his supporters Bernie Bros and accused them of all sorts of awful things. Nobody should have been surprised when these very same young men flocked to trump.

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  • jjjalljs@ttrpg.network ⁨8⁩ ⁨months⁩ ago

    Did you independently reinvent …wikipedia.org/…/United_States_Postal_Savings_Sys… or did you know about the history?

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    • jacksilver@lemmy.world ⁨8⁩ ⁨months⁩ ago

      I didn’t know that existed!

      Its decline reads like everything else going on in the US. Government provided a service a lot of people liked, private enterprise lobbies to have it shut down and lock people into nickel and diming them.

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      • ViatorOmnium@piefed.social ⁨8⁩ ⁨months⁩ ago

        In terms of private banks, a basic savings account wouldn't really be a big risk for them nowadays because it's a bare bones account. It doesn't include things like access to credit cards or other forms of credits, or any form of long term investments.

        If anything, banks might even like the idea, because it gives them a way to offload their riskier (and let's be honest less profitable) customers without making society fully collapse.

        If the system is implemented properly it's a win-win for everyone.

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