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Forums » Tech and Talk » City Chat » Southern California » State IOUs...Who will get them on Thursday....
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Revised Fire Update: Tunjunga Fire »
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Gizy
Have you thanked a soldier today?
Premium
join:2002-08-26
Lake Oswego, OR
clubs:

reply to dogma
Re: State IOUs...Who will get them on Thursday....

Why does it surprise you that they would accept it from their customers only? Banks don't do anything for non-customers without charging hefty fees. For some things they charge their own customers hefty fees.

I got a check from someone recently that I was a little concerned about depositing in my account and having it bounce. (Don't ask why I took the check....long story). So I took it to their bank to cash it. Used to be no problem even if you weren't a customer.

I was told the only way I could avoid the $10 check cashing fee was to open an account in my name with a minimum of $100. After looking at them like they were nuts, I very loudly said there was no way I'd open an account with such poor customer service. $10 fee on a $75 check. Yes, I paid it, and no I won't be accepting checks from that person again. The bank was WaMu right after they were acquired.
--
Any Soldier
My Gallery

Duct tape is like "The Force." It has a light side and a dark side, and it holds the universe together.


heliox
Rcp's Love Deep Breathing
Premium
join:2000-11-28
Irvine, CA
clubs:

I can see banks charging fees to non-customers.
It's called a business.

Fees to it's own customers is another matter.

I also think it is damn nice they will even accept warrants (IOUs) from the state. Not accepting them from non-customers should be assumed (unless it's a really friendly place).

Think about the cash that will be leaving the bank and the return will be who-knows-when. And only 5% interest on those warrants? Please.
--
"Government big enough to supply everything you need is big enough to take everything you have" Thomas Jefferson


Gizy
Have you thanked a soldier today?
Premium
join:2002-08-26
Lake Oswego, OR
clubs:
I'm sorry, in this economy, that's different than a mortgage how?


heliox
Rcp's Love Deep Breathing
Premium
join:2000-11-28
Irvine, CA
clubs:
Huh? What's different?


RR Conductor
RailRoadDude
Premium
join:2002-04-02
Redwood Valley, CA
·Comcast

reply to ghostpainter
Click for full size
The man speaks the truth


jig

join:2001-01-05
Hacienda Heights, CA

reply to sholling
said by sholling See Profile :

The people of the State of California benefit most by encouraging the growth of private business and the accumulation of wealth.
just to note - "wealth" is not taxed, just earnings. wealth by itself is a drain on the system - it uses resources (mainly for exclusion purposes), but doesn't give anything back. it's kind of a side point, but interesting. i think you may be mixing up "earnings" with "wealth" in your arguments, or maybe in your thinking. i'm not saying you are, just wanted to note the issue.

More private sector jobs mean more money to spend in stores which translates into still more jobs, more jobs translates into fewer people on the dole (reduced state outlays) and more people paying taxes. Encouraging businesses to come to California and those already here to expand is a win-win for everybody except the power hungry bureaucrats. Attracting employers, and encouraging those already here to expand here requires low tax rates and a business friendly regulatory environment. Without those two things then businesses will continue to follow your advice and relocate outside of California. We all lose when that happens.
1) you've eliminated the dole, so that benefit is out. more people paying taxes is fine, but they're just paying their own share for schools and living etc, what about the employer who has access to all these employees? not only do they have to pay for themselves, but they have to pay a little for that access to the benefits their employees and clients get from the state.

2) bureaucrats love businesses they can pander to. taxes or no taxes. maybe they also love the extra leverage it gives them when the tax rates are high, but i don't know.

3) low tax rates are one way, and a good living environment is another. businesses seem unable to regulate themselves, so i'm not crying for them when they feel restricted in how they can rape the system. do i really have to dredge up the savings and loan scandal as well as the current mortgage securities crap to make that point? it's staring us in the face - businesses need to be regulated or they screw everyone over, including themselves. i'm incredulous that people think it's ok now that times are bad to reduce regulation. hello? it's just an excuse! it's a lie, and they expect the hard times to be just enough leverage to trick people into forgetting what happened just a few hours ago.

come on, man. at least remember the last year before you start mouthing that old-hat propaganda.

happy 4th. i'm celebrating Alaska's independence, I hope you all are as well.
--
Catapultam habeo. Nisi pecuniam omnem mihi dabis, ad caput tuum saxum immane mittam.


ghostpainter
I Write for the Apocalypse
Premium,MVM
join:2002-05-25
Rancho Cucamonga, CA
clubs:
reply to RR Conductor
The Terminator isn't listening.....His ear mussels are as flabby as is the rest of his body.


DanHo
Premium
join:2002-05-20
Seattle, WA


1 edit
said by ghostpainter See Profile :

ear mussels
He should really have those looked at by a Dr or a chef.


ghostpainter
I Write for the Apocalypse
Premium,MVM
join:2002-05-25
Rancho Cucamonga, CA
clubs:
He still isn't listening....


sholling
Premium
join:2002-02-13
Hemet, CA

reply to jig
said by jig See Profile :

1) you've eliminated the dole, so that benefit is out. more people paying taxes is fine, but they're just paying their own share for schools and living etc, what about the employer who has access to all these employees? not only do they have to pay for themselves, but they have to pay a little for that access to the benefits their employees and clients get from the state.
Does the state own those employees? If not then the employer owes the state nothing for those employees. Employment is a business relationship between the employer and employee.

3) low tax rates are one way, and a good living environment is another. businesses seem unable to regulate themselves,

You forget that 99.99% of companies regulate themselves just fine. Those that provide poor service or make bad business decisions go out of business and are replaced by new companies that do a better job. Those few state regulations that bring value (CalOHSA) bring value to employers and employees so the burden should be shared.

so i'm not crying for them when they feel restricted in how they can rape the system.
What percentage "rape the system"?

the current mortgage securities crap to make that point? it's staring us in the face - businesses need to be regulated or they screw everyone over, including themselves.
I'm not a fan of too big to fail. Those banks and auto companies should have been allowed to fail. That's how the system regulates its self. That's what should have happened. Let's face it those who go into government are those that aren't bright enough or industrious enough to become a success in the private sector. They trade away access to huge salaries in exchange for security. If they had the talent and intelligence to run a company they'd be doing it. Why would you think that a bench warmer knows better than an All Star?
--
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT--
-
Forums » Tech and Talk » City Chat » Southern CaliforniaRevised Fire Update: Tunjunga Fire »
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