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re: John Eastman Speaks Out After Bank Of America, USAA Shut Down His Accounts
Posted on 4/17/24 at 10:17 am to Bestbank Tiger
Posted on 4/17/24 at 10:17 am to Bestbank Tiger
quote:"There should be a law ..."
It should be illegal for a bank with assets over a certain threshold to close an account for any reason other than default.
Seriously, douchey move by the banks, but do we really want the federal government dictating yet ANOTHER area in which a business will be REQUIRED to interact with the public?
It seems to me that small government advocates would want to see us ROLLING BACK those sorts of mandates.
2
Posted on 4/17/24 at 11:04 am to OzonaOkapi
quote:
Seriously, douchey move by the banks, but
Stopped reading right there.
Now bake my gay wedding cake motherfricker
Posted on 4/17/24 at 12:03 pm to OzonaOkapi
USAA is a little different than any other free market bank due to their special privileges and granted access that make it better for veterans like myself and our families to keep accounts there. Normally I’d advocate for total freedom of association but for that principle to be valid we would have to live in a truly free market so social pressure and market incentives could truly deliver the best to consumers, we do not live in a free market. At best we live in a mixed market where governments heavily control and regulate the most key areas of it. Regardless I’ll be starting the process of moving everything I have with USAA to SouthState.
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