{"id":28202,"date":"2011-05-19T04:20:25","date_gmt":"2011-05-19T04:20:25","guid":{"rendered":""},"modified":"2020-03-23T10:48:54","modified_gmt":"2020-03-23T14:48:54","slug":"the_voice_of_the_unbanked","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/05\/19\/the_voice_of_the_unbanked\/","title":{"rendered":"The Voice of the &#8220;Unbanked&#8221;"},"content":{"rendered":"<section>RUSH: There is a piece in the Wall Street Journal today by Bill Clinton and Arnold Schwarzenegger. It is incredible. Get this: &#8216;The American dream is founded on the belief that people who work hard and play by the rules will be able to earn a good living, raise a family in comfort and retire with dignity. But that dream is harder to achieve for millions of Americans because they spend too much of their hard-earned money on fees to cash their paychecks. &#8230; Here is one initiative that can unite progressives and conservatives as well as business leaders and community activists: helping the &#8216;unbanked\u2019 enter the financial mainstream by opening checking and savings accounts, and working collaboratively with financial institutions and community groups.\u2019 They\u2019ve written a piece about drug dealers and pimps, and a lot of people in the cash society. This is a new low, to have a joint piece by Schwarzenegger and Clinton here. I mean, the little guy? (laughter) I know it\u2019s for the illegals. I was going to get to that, Mr. Snerdley. This is for the illegals. We need to get the illegals bank accounts, the &#8216;unbanked.\u2019<\/p>\n<p>Folks, I\u2019m going to take a flier here and I\u2019m going to assume that most of you in this audience have bank accounts and checking accounts and I\u2019m going to assume that many of you when you get paid do so by direct deposit. Others of you get your checks and you go to the bank and you deposit them. I can\u2019t imagine, how many people in this audience &#8212; and I refuse to believe that I will be surprised &#8212; how many people in this audience get their paycheck and head to one of these &#8212; (interruption) What do you mean, culturally insensitive? Let me just ask you, Snerdley, would you take any check that you have and go down to the bail bonds area and find the check cashing store, hand it over, and say cash this for me? Hell no. I don\u2019t think I\u2019ve ever known anybody that\u2019s done that. Is that the wrong thing to say? I\u2019m not saying there aren\u2019t people that do it, obviously. Clinton and Schwarzenegger are writing a column in the Wall Street Journal about the unbanked! You got experience with this, Brian? Oh, that\u2019s why they go there? They go there because they get their money earlier? You go and get the cash right away, rather than putting it in a bank and wait for the float? Is that what you\u2019re talking about? Give me a break. (interruption) They give you an advance on your paycheck if you just take it on your pay stub? (interruption) I know the interest rates are like loan sharks. Well, all right.<\/p>\n<p>I still say that this whole piece focusing on the unbanked, that\u2019s the term here, the unbanked &#8212; yeah, the entire American dream threatened because of unbanked are not banked and we need Clinton and Schwarzenegger with a proposal to get the unbanked banked? Of course we know who we\u2019re talking about here. The illegal immigrants.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: Mary in Onalaska, Washington, you\u2019re nice to call. Welcome to the EIB Network. Hello.<\/p>\n<p>CALLER: Hi, Rush, can you hear me all right? Rush?<\/p>\n<p>RUSH: Hi, how are you?<\/p>\n<p>CALLER: Hi, just fine. Listen, I wanted you to know that not everybody who doesn\u2019t use a bank is a drug dealer. Not everybody has bank accounts. Not everybody has credit cards.<\/p>\n<p>RUSH: Wait just a second. Are you calling from a McDonald\u2019s drive-in?<\/p>\n<p>CALLER: No, sir.<\/p>\n<p>RUSH: Okay.<\/p>\n<p>CALLER: Not everybody has these things: credit cards, bank accounts, iPods, cell phones, computers. We don\u2019t have any of these things. I get my news from listening to you, to Michael Savage, and to (unintelligible). That\u2019s all I do is listen to you guys.<\/p>\n<p>RUSH: That\u2019s all well and good, but why don\u2019t you have a bank?<\/p>\n<p>CALLER: Because they suck!<\/p>\n<p>RUSH: I hope that\u2019s suck with an &#8216;s\u2019?<\/p>\n<p>CALLER: Yep.<\/p>\n<p>RUSH: Have you seen any black helicopters lately?<\/p>\n<p>CALLER: No, sir.<\/p>\n<p>RUSH: Okay.<\/p>\n<p>CALLER: I like living under the radar. There\u2019s nothing on the computer, there\u2019s nothing on &#8212;<\/p>\n<p>RUSH: I understand.<\/p>\n<p>CALLER: &#8212; anything.<\/p>\n<p>RUSH: I get it now.<\/p>\n<p>CALLER: I write letters. I read books.<\/p>\n<p>RUSH: All right, all right. So you don\u2019t want anybody knowing anything about you?<\/p>\n<p>CALLER: We deal with just cash, and we never have any of it!<\/p>\n<p>RUSH: Yeah. So you are the unbanked. Do you agree with Clinton and Schwarzenegger that people need to make it easier for you to go get a bank account?<\/p>\n<p>CALLER: No! They\u2019re idiots!<\/p>\n<p>RUSH: Thank you, Mary.<\/p>\n<p>CALLER: You\u2019re welcome.<\/p>\n<p>RUSH: (laughter) I shoulda asked her who she was going to vote for. I\u2019ll bet it\u2019s McCain. (laughter) She could just as easily have been from Rio Linda. In fact, pundits, they have been getting everything else wrong in this campaign. I don\u2019t know why I should expect that they should get it right about me. Why shouldn\u2019t they get it wrong about me? I mean you heard Chuck Todd. He thinks that this program and you were largely predisposed to Fred Thompson. I didn\u2019t support anybody on this program. And yet, a large part of the audience thinks I supported Fred Thompson. Then the other large part of the audience thinks I supported Mitt Romney, and the people in Rio Linda think I supported Huckabee. (laughter)<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: To Casper, Wyoming. This is Jay. Nice to have you on the EIB Network, sir.<\/p>\n<p>CALLER: Greetings from the Cowboy State, Rush.<\/p>\n<p>RUSH: Thank you, sir.<\/p>\n<p>CALLER: On the check cashing centers, I am not able to get a bank account due to circumstances beyond my control, and I would be dead in the water without the check cashing centers, and they &#8212; they &#8212; they do, uh&#8230; They do rape you when you use them. I try to use Wal-Mart more than anything else.<\/p>\n<p>RUSH: You know, I have to make an observation. This is the third call today. The first two callers both used the word &#8216;suck.\u2019 You just used the word &#8216;rape.\u2019 There\u2019s something out there today.<\/p>\n<p>CALLER: (laughter)<\/p>\n<p>RUSH: Okay. So you said these payday check catches places, they &#8216;rape you,\u2019 and so you try to go to Wal-Mart?<\/p>\n<p>CALLER: Yeah, and I wish the Democrats would leave Wal-Mart alone.<\/p>\n<p>RUSH: Yeah. What happens at Wal-Mart? What\u2019s the difference at Wal-Mart and these other places? You only get &#8216;mauled\u2019?<\/p>\n<p>CALLER: Well, Wal-Mart charges you a flat three bucks no matter how big the check is.<\/p>\n<p>RUSH: Three bucks?<\/p>\n<p>CALLER: Three bucks.<\/p>\n<p>RUSH: What do these other loan shark places charge?<\/p>\n<p>CALLER: It could be as much as 50 bucks for a check that\u2019s less than $500.<\/p>\n<p>RUSH: Why in the world are you in this circumstance? Do you feel like you can divulge it in 25 seconds?<\/p>\n<p>CALLER: Ex-wife overdrew an account just before a divorce and I got reported to Check Systems, and the bank refuses to take me off. That\u2019s been over ten years ago.<\/p>\n<p>RUSH: Even though you\u2019re divorced now and she\u2019s moved on?<\/p>\n<p>CALLER: Yep.<\/p>\n<p>RUSH: How long is that going to last?<\/p>\n<p>CALLER: As long as the bank wants it there. It\u2019s already been over ten years.<\/p>\n<p>RUSH: Good Lord! We found a whole new class of upstanding citizens: the unbanked. This disheartens me, because I\u2019ve been such a staunch family values, supporter-of-marriage guy. To learn this, why, this shatters me.<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: There is a piece in the Wall Street Journal today by Bill Clinton and Arnold Schwarzenegger. It is incredible. Get this: &#8216;The American dream is founded on the belief that people who work hard and play by the rules will be able to earn a good living, raise a family in comfort and retire [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Voice of the &quot;Unbanked&quot; - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/05\/19\/the_voice_of_the_unbanked\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"The Voice of the &quot;Unbanked&quot; - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: There is a piece in the Wall Street Journal today by Bill Clinton and Arnold Schwarzenegger. 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