Pages:
Author

Topic: is it possible at all for a bank to be honest - page 2. (Read 3449 times)

sr. member
Activity: 350
Merit: 250
On your personal checks, your name is in all-caps; by signing above the "authorized signature" line, are you declaring yourself the authorized user of that corporate account?
I'm sorry, you have to ask all questions with the full context.

I did inform you that official publications state that proper names are not to be written in all caps.

Your name is a proper name, and there is a rule for how it is to be printed (i.e. "John Macadam"); so what is it doing in all caps on your "personal" checking account?

It appears the same way on all Social Security Cards--in all caps. It appears to me that said account and Social Security Card is not in your "proper" name, else they would print it differently (correctly).

I now ask you this question:
Why is "your name" printed in all caps on your personal checking account when proper names are not supposed to be printed that way?

A compilation of references to these publications is found here, but remember to do your own thinking (and ask good questions):
http://famguardian.org/subjects/lawandgovt/articles/memlawonthename.htm#2.5__US_Government_Style_Manual_

A check drawn on a private bank is not a "US government publication", so why would we care what the US Government style manual says is the correct format to print a name in a US government publication?  If you wish to know why the bank wrote your name the way that they did, did you try asking them?  What was their answer?

You still haven't answered a very simple question.   If you do not like the business practices on one or all banks, why do you do business with them?  I think it is fairly obvious at this point that you're simply a troll.
hero member
Activity: 546
Merit: 500
On your personal checks, your name is in all-caps; by signing above the "authorized signature" line, are you declaring yourself the authorized user of that corporate account?
I'm sorry, you have to ask all questions with the full context.

I did inform you that official publications state that proper names are not to be written in all caps.

Your name is a proper name, and there is a rule for how it is to be printed (i.e. "John Macadam"); so what is it doing in all caps on your "personal" checking account?

It appears the same way on all Social Security Cards--in all caps. It appears to me that said account and Social Security Card is not in your "proper" name, else they would print it differently (correctly).

I now ask you this question:
Why is "your name" printed in all caps on your personal checking account when proper names are not supposed to be printed that way?

A compilation of references to these publications is found here, but remember to do your own thinking (and ask good questions):
http://famguardian.org/subjects/lawandgovt/articles/memlawonthename.htm#2.5__US_Government_Style_Manual_
full member
Activity: 1834
Merit: 166
On your personal checks, your name is in all-caps; by signing above the "authorized signature" line, are you declaring yourself the authorized user of that corporate account?
I'm sorry, you have to ask all questions with the full context.
hero member
Activity: 546
Merit: 500
Sorry, you need to ask them one at a time with full context.

Why are the contract terms "authorized signature" written in "fine print" on all checks?
To prevent fraud because it is difficult to emulate. To join a contract in the legal sense. To prevent unauthorized users of corporate accounts.

OK, now I must first inform you that official publications state that proper names are not to be written in all caps.

On your personal checks, your name is in all-caps; by signing above the "authorized signature" line, are you declaring yourself the authorized user of that corporate account?
full member
Activity: 1834
Merit: 166
Sorry, you need to ask them one at a time with full context.

Why are the contract terms "authorized signature" written in "fine print" on all checks?
To prevent fraud because it is difficult to emulate. To join a contract in the legal sense. To prevent unauthorized users of corporate accounts.

member
Activity: 94
Merit: 10
★Bitin.io★ - Instant Exchange
You can't be certain. There are always some bad apples.
hero member
Activity: 546
Merit: 500
Sorry, you need to ask them one at a time with full context.

Why are the contract terms "authorized signature" written in "fine print" on all checks?
full member
Activity: 1834
Merit: 166
Sorry, you need to ask them one at a time with full context.
hero member
Activity: 546
Merit: 500
Yeah, you just keep avoiding giving an actual answer because you don't have an answer. You're just saying words that mean nothing.


I have some questions for you:
Is a check a contract?
Should a prudent man understand every contract before signing it?
What does "authorized signature" mean and why is it "fine print"?
full member
Activity: 1834
Merit: 166
If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?

You ask those questions one at a time with full context if you want answers.  Kiss

I already answered both those questions; what don't you like about my answer? I even gave you an example where a bank would not reveal the full truth behind the stuff that it prints on all its contracts.


HONESTY constitutes full disclosure, and you are not able to demand it from a bank. Therefore, it is not possible at all for a bank to be honest; i.e. you cannot enter into such an agreement with a bank.

Normally, you are entitled to full disclosure on a contract, and a check is nothing more than that.

See if a banker will tell you the truth about that!
Yeah, you just keep avoiding giving an actual answer because you don't have an answer. You're just saying words that mean nothing.
legendary
Activity: 1722
Merit: 1000
I've been going over the history of modern banking, and right from the start when banks were little more than goldsmiths with vaults they already couldn't stop themselves from loaning out deposited client gold to other clients (e.g running a fractional reserve scam).

is it possible that humans by nature simply cannot hold other people's money for long periods of time without their greed leading either to them loaning out other people's money or downright running away with it?
it seems to me bitcoin's solution of being your own bank is the only way to keep your precious money from being stolen by one elaborate scam or another.

You are correct, it is IMPOSSIBLE for humans to hold onto others peoples wealth without running fractional banking.  100% impossible.
hero member
Activity: 546
Merit: 500
If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?

You ask those questions one at a time with full context if you want answers.  Kiss

I already answered both those questions; what don't you like about my answer? I even gave you an example where a bank would not reveal the full truth behind the stuff that it prints on all its contracts.


HONESTY constitutes full disclosure, and you are not able to demand it from a bank. Therefore, it is not possible at all for a bank to be honest; i.e. you cannot enter into such an agreement with a bank.

Normally, you are entitled to full disclosure on a contract, and a check is nothing more than that.

See if a banker will tell you the truth about that!
full member
Activity: 1834
Merit: 166
If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?
hero member
Activity: 546
Merit: 500
You ask those questions one at a time with full context if you want answers.  Kiss
full member
Activity: 1834
Merit: 166
In This Thread: People pretending that they understand the banking system.
ITS: This guy refusing to answer simple questions because he's a shill.
hero member
Activity: 546
Merit: 500
In This Thread: People pretending that they understand the banking system.
full member
Activity: 1834
Merit: 166
No.

They are thieves by definition.
How so?
member
Activity: 91
Merit: 10
No.

They are thieves by definition.
hero member
Activity: 924
Merit: 1000
is it possible that humans by nature simply cannot hold other people's money for long periods of time without their greed leading either to them loaning out other people's money or downright running away with it?

It's not about human nature, but about the system of values we live in. If you live in a strongly competitive system where everyone abuses of others for his own good, then you won't have much problems doing the same to survive in that context. We always lived in a world of artificial scarcity, let it be about raw materials, food or other, that brought human to be always afraid and to want more and more.
If you want a honest bank, you can find many local smaller ones that can offer such services and they are trasparent about their movements.
sr. member
Activity: 350
Merit: 250
If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?

HONESTY constitutes full disclosure, and you are not able to demand it from a bank. Therefore, it is not possible at all for a bank to be honest; i.e. you cannot enter into such an agreement with a bank.
Ok, what does that literally mean? What information do you want to know? Why are you entitled to that information?

I want to know why it says (in micro-print) "authorized signature" below the signature line on my checks! Normally, you are entitled to full disclosure on a contract, and a check is nothing more than that.

See if a banker will tell you the truth about that!

You insist on making a big deal out of nothing.  If you don't like the terms of the deal, don't do business with the bank.  This really isn't that complicated.
Pages:
Jump to: