For the questions, R169 has, and to the fucking ass toad R170.
The US is is a predatory capitalistic system. It would take far more time and effort to describe the myriad of ways this is the case, but this concerns the "un-banked".
All US banks are corrupt and have been bailed out numerous times by our federal government. This they take as an invitation to screw anyone with a pulse over given the opportunity. Bank account fraud, mortgage fraud, student loan fraud, are the main ones, but bank accounts themselves are beyond a fairly large group of people considering history, as any movement in the account warrants a fee, surcharge, monthly charge, and other ways to deplete the account.
Just last week on NPR a banking expert proposed how to do this, and it involved the banks themselves not besing greedy fucksticks for basic accounts, which of course is not their business model. I wish I could find that interview and post it. It was logical, fair, and would solve the unbanked issues we now have.
Stupid fat and grotesque rich people like the ones that deride the unbanked are the first ones to send a Mexican up a palm tree to have him trim it and PAY CASH, because he won't pay the white boy the going rate for white boy palm tree grooming. Just a note, the vast majority of palm tree trimming and landscaping is done by Mexicans on a cash-only basis. Or if they are legit, there are ways around that.
You see, Mexicans and anyone doing work on a cash basis want it that way as the banks charge you to cash a check at the bank it is drawn on. 10 bucks I believe. So there is a whole economic engine that will collapse if cash is not used, which means fat, stupid rich people will have to learn palm tree trimming, or pay the going rate, which of course they will not do.
The unbanked are hit with all manner of obstacles trying to open an account, such as credit reports, banks that are not even near them, the minimum balance, the INSANE overdraft fees, the monthly fees, and still the inability to deposit a check and have it put in their account and have it show up relatively quickly. It's a five-day hold on a check you receive I believe, and the poorest are the ones the most victimized by this practice.
This clip nicely and very accurately describes the US Banking system nested in a parasitic capitalistic society like ours.
I hope I have helped you R169.