how fucking nice NOT!

[CountAllVotes]

This household here just received a letter from the financial institution being banked with.

They wanted to let us know that any military pay checks, Federal pensions and Social Security checks will be advanced in the case of a default!

:wtf:

You pigs in Washington, D.C. are starting up a nice panic here!

Oh btw ... have 90 days to repay the advanced checks that will be given out in August! :wtf:

:argh:

Government Default Contingency Plan
Due to the uncertainty surrounding the national debt ceiling, we would like to assure our membership that in the event the issue is not resolved in August and causes a disruption in federal government payments, members who regularly have their pay direct deposited to that are military or civilian employees and retirees of the federal government, as well as Social Security recipients, will have their August deposits advanced as scheduled in anticipation of receiving the actual deposit once the debt ceiling issue is resolved.
Should it be necessary, will be advancing these August deposits to provide assistance to our valued members. Members who have deposits advanced will need to repay the amount of funds advanced within 90 days from the date funds are advanced.

NOTE: They sure came up with this plan fast didn't they? :argh: :mad:

[patrice]

1. Yep. It all turns into CREDIT anyway, unless they really ARE going to actually stiff a bunch of

people and, if they did that, wouldn't they then have a bunch of lawsuits on their hands for non fulfillment of quite a few contractual agreements?

[CountAllVotes]

2. can you imagine

that you are in Afghanistan (like my cousin) is and suddenly you must repay that check you got in August? :wtf:

I'd be beyond angry!

[patrice]

Yes, like my nephew the Ranger, who, aside from the dead and maimed, has paid one of the highest

prices already for what "we" have become.

Blessings on your cousin.

Sat Nam!

[CountAllVotes]

8. thank you

It is very sad about my cousin. I don't believe I ever mentioned it before.

He wanted a new life and career working in the great outdoors.

They promised him a great deal ...

He enlisted.

He is now on at least his 2nd if not 3rd tour in AFGHANISTAN!

He never got to the school to learn the new job he was to get.

I know nothing else about it as his grandmother won't talk about "it" sadly. :(

I hope my cousin comes home soon in any event and in one solid piece if at all possible.

I also hope he doesn't have to repay his damn August check!

As for this household here: A blind and sick old vet that refuses to tap the system ... sick to death of the VA ... *sigh* They better give him the lousy $400!

[patrice]

10. I taught high school seniors & saw our failures "harvested" by recruiters every spring as others

went off to the best colleges they could get into . . .

while "student" church groups prayed around the flagpole and many of the ones who didn't go into the military, or onto a college-career path, graduated to a higher class of politically correct psychotropic prescriptions.

[roguevalley]

11. expect a nice fee to do it too. watch for that, my darlings.

[Lorien]

15. And a fat penalty if it goes past the 90 days. The unregulated banks will all turn into

payday advance goons.

[BumRushDaShow]

3. Someone else posted about

getting a VA check direct-deposited today, which is early and in advance of the 1st.

[CountAllVotes]

4. all I can say is this!

They better pay the damn vets and the old and the sick!

If they don't, FUCK THEM ... I am outta this country!

America: I barely knew ye!

:kick:

[sammytko]

6. I received my military pension and VA checks deposited Friday and today

SO's were deposited today - civil service pension and VA disablity.

[undercutter799]

5. these republican assholes just might be that fucking crazy

I get a feeling they don't care if the whole fucking world collapses they just wanna play their fucking games

[CountAllVotes]

7. Pres. Obama should ignore them

and invoke the 14th amendment already!

FUCK THEM!

Oh ...

Welcome to the DU btw!! :hi:

:dem:

[Ineeda]

9. I understood that direct deposited checks

would not be affected. But maybe that changed.

[Kat45]

12. I don't understand why it would have to be paid back, when it's your pay.

Even if it's paid in advance, the date will come when it should/would have been paid anyway. I'm confused.

[Lorien]

14. The banks are turning to Amscot. nt

[REACTIVATED IN CT]

18. The bank is lending it to the customer . Once the pay is

actually direct deposited, the bank needs to have the loan repaid.

[Lorien]

13. Ah, so THAT'S how the banks will win on this one!

Nationalize the f*ckers. :grr:

[Politicalboi]

16. OMFG!

I just logged into my 84 year old mothers bank account, and she got her SSI dirrect deposit on the 27th for only 96.00. She usually get over 1300. This is unbelievable.

[CountAllVotes]

19. OMFG is right!

What the hell! :nuke: :mad:



:dem: :kick:

[lonestarnot]

17. 60% interest + fees.