Article

2009-06-03 Economy

Creditors Use Loophole to Seize Protected Veterans Benefits

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Posted by Anonymoose 2009-06-03 09:48|| || Front Page|| [2 views ] Top

#1 "Some banks are doing the right thing to protect their customers by denying creditors' requests to freeze and garnish accounts with Social Security funds, but too many banks are not,"

Stupid Activists are awaiting bureaucrats who, as we've seen with TARP and the Bailout, are more concerned with the money men than with the citizens. Would it be too difficult for the activists to simply collect the name of the banks that do freeze [and for that matter those who refuse to freeze] these accounts to be identified and their names plastered all over the internet? If the bureaucrats in Washington felt the heat on messing with Veterans benefits, just imagine what the negative impact that will have on a bank's reputation. No amount of commercial advertising money will displace that stain. And we might get a little bit of collateral damage by identifying who received their campaign donations.

Posted by Procopius2k 2009-06-03 10:33|| 2009-06-03 10:33|| Front Page Top

#2 Great point P2k.

Posted by tipover 2009-06-03 10:54|| 2009-06-03 10:54|| Front Page Top

#3 P2k makes a great point that the internet has given free speech a new and powerfull boost.

Posted by 49 Pan 2009-06-03 11:06|| 2009-06-03 11:06|| Front Page Top

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