Comments on: America’s unbanked

By: drewbie

drewbie — Thu, 03 Dec 2009 15:48:51 +0000

You quote that most common reason is that they don’t feel they need banks, and then suggest the need for a program to help them sign up anyway? How much of the budget for said program would go toward convincing the people hit hardest by the bank-caused recession that giving their money to a bank would be a good idea?

By: Mliton Friedman's Ghost

Mliton Friedman's Ghost — Thu, 03 Dec 2009 14:46:20 +0000

In light of the way in which banks are and have been operating (see the nicely done PBS Frontline series aired recently) is it such a bad thing so many are unbanked? Perhaps we should all be…

By: Bankeuro

Bankeuro — Thu, 03 Dec 2009 02:13:38 +0000

In some European states banks are forced by law offer a basic account for the poor, so all the exploting of the ASF in not an issue. Would help the US to introduce sth like this, now the banks are anyway on their knees in front of DC.