Federal benefit recipients need to make change to electronic payments

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  • My2Cents Taylorsville, UT
    Oct. 28, 2012 4:33 a.m.

    Another blow to deprive the poor and destitute of more of their money and force it over to banks and lenders. If theses people could afford or get a deposit account they would have one. This is unfair and a costly demand to deprive the elderly of money to heat their homes and live in a manner they are able to afford, cash accounting which has no fees or banking costs involved.

    It's bad enough the elderly americans on SSA have to eat dog food and cat food to pay for their medicare insurances and 50 bottles of pills a month now they have to pay the banks to have access to their meager retirement benefits.

    This is also an economic disaster in the making, cashless society embodies debt and destruction. Monopoly money is of no value and this demand to strip cash from the economy is more evidence of a government with no money and its the only way a bankrupt country can stay in operation.

    The federal treasury should be encouraging the use of cash and carry economy, its sound, its cheaper (no bank costs), and its a positive step to a stable economic recovery.