So with the new regime executive order declaring it essentially illegal to be unhoused, people at risk might be thinking, “how do they classify me as homeless if I am surfing between friends or family or shelters?”
One of the big answers to this is the practice of debanking. If your financial institutions catch wind that you don’t have a stable address, they will try to close your accounts and send your balance as a cashier’s check to your last legal address. At-risk people understand the many, many scenarios where even just this process could be devastating.
Some unexpected ways you can get de-banked:
-
your apartment doesn’t have a legal address
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you lose home owner’s insurance or your coverage changes and your bank decides it doesn’t like that
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your building’s owner defaults
-
fire
-
flood
You may be at risk and just now realizing it. If you have an MH diagnosis and you don’t have two back-up legal addresses, you are on this Ex O.
Anyway, do not get debanked. Have legal address back-up plans EVEN IF YOU TRY TO FLEE THE COUNTRY because you do not want the regime classifying you as someone they want to put in the camps.
Sorry for another US-centric post.
Holy shit.
To think I was envious of America when I was young.
Hahaha right? They sold the lie so well. But it’s so easy to do when you control the majority of the world’s media, whether it’s news, radio, television, cinema, or online streaming.
To be honest, this shift in our politics has been brutally quick and more federally far reaching than anything that happened while I was growing up. People used to be able to just exist. Camp in parks, sleep on benches, etc. This authoritarianism is… Somewhat new.
It started in earnest under Regan. It’s just been difficult to see where all those changes would lead until all at once it smacked us in the face.
It was slow and incremental. You can’t boil a frog by tossing it in a fryer.
True. That would result in frying it.
It’s only been quick if you just started paying attention. This is the end result of decades of work by the GOP.
Legitimately 70 years, their fight started just after FDRs New Deal. The entire modern Republican party exists to work towards this. They want a return to the guided age with themselves as the robber barons and everyone else as a permanently toiling underclass.
I mean tresspass laws designed to prevent newly freed black people from “just existing” go back to 1865.
Yeah, I was going to say something similar. The “it’s now illegal to [x] while black” memes are because the BIPOC community has known this for a long time now. Standing while black, walking while black, jogging while black, eating while black, listening to music while black, sleeping while black, etc… All of these are things that people have been attacked by cops for doing, for literal generations.
It’s not new; it’s just more visible. And it has finally become so overt that non-BIPOC people have started to feel the same pressure that BIPOC people have dealt with since the country was founded.
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The second biggest was letting a bunch of traitors go home with their heads held high to establish a mythos about some imagined noble heritage. Officers should’ve been hanged/shot, lands should’ve been confiscated and given to newly freed peoples, “40 acres and a mule.”
Sundown towns aren’t that far behind us, either.
Not really. People are just less ashamed than they used to be.
Those were different times. I remember how people who travelled there talked about how friendly everybody was. And everything was cheap, service was great and life was easy. Obviously those were skewed perceptions by tourists, but still. Nobody says things like that any more.
For all other Europeans out there, avoiding this situation is another thing the EU did for us.
For the Americans, write to your representatives demanding the same rights.
Excluding people from having a bank account in 2025 is basically condemning them to ostracism even without sending them to concentration camps.
I’ve long held the belief that the US postal service should also provide basic banking services too in the US, that way no one can be denied a bank account.
Did you independently reinvent https://en.m.wikipedia.org/wiki/United_States_Postal_Savings_System or did you know about the history?
I didn’t know that existed!
Its decline reads like everything else going on in the US. Government provided a service a lot of people liked, private enterprise lobbies to have it shut down and lock people into nickel and diming them.
In terms of private banks, a basic savings account wouldn’t really be a big risk for them nowadays because it’s a bare bones account. It doesn’t include things like access to credit cards or other forms of credits, or any form of long term investments.
If anything, banks might even like the idea, because it gives them a way to offload their riskier (and let’s be honest less profitable) customers without making society fully collapse.
If the system is implemented properly it’s a win-win for everyone.
I wish that was the case, but there are a lot of people that see government provided services as waste/fraud. I mean look at how the federal government is being eviscerated right now.
It would be nice if everyone could be guaranteed a safe place to manage money though.
Goddammit you are an hour quicker and have found a more readable source for the same comment I wanted to write.
Anyway, this right is granted in paragraph 36 of Directive 2014/92/EU of the European Parliament and of the Council of 23 July 2014 on the comparability of fees related to payment accounts, payment account switching and access to payment accounts with basic features Text with EEA relevance:
Consumers who are legally resident in the Union and who do not hold a payment account in a certain Member State should be in a position to open and use a payment account with basic features in that Member State. The concept of ‘legally resident in the Union’ should cover both Union citizens and third country nationals who already benefit from rights conferred upon them by Union acts such as Council Regulation (EEC) No 1408/71 ( 1), Council Directive 2003/109/EC ( 2 ), Council Regulation (EC) No 859/2003 ( 3) and Directive 2004/38/EC of the European Parliament and of the Council ( 4 ). It should also include people seeking asylum under the Geneva Convention of 28 July 1951 Relating to the Status of Refugees, the Protocol thereto of 31 January 1967 and other relevant international treaties. Furthermore, Member States should be able to extend the concept of ‘legally resident in the Union’ to other third country nationals that are present on their territory.
I came into this thread thinking that the term de-banking was something like de-google and I was eager to find some opensource service tô get rid of the dependency of banks all together.
Boy was I wrong. /s
Good advice though!
I was eager to find some opensource service tô get rid of the dependency of banks all together.
Credit unions
Indeed, part of protecting yourself is diversifying where you keep your money (even if you don’t have a lot), and part of that answer is credit unions. Don’t just assume in institution is okay just because they are a CU though, plenty of scum CUs.
Do you have a source for ANY of this drivel?
I was homeless for years, and have worked with homeless addicts for the last 10 years. Never in my life have I heard of these things happening for the reasons you give. Hell even to this day I don’t update a bank with my new address.
Could you provide a reliable source for more information about this actually happening to real people en masse? I have no doubt it’s happened to someone somewhere, but would be surprised if this was a real problem and I wasn’t aware.
I have to say I agree here, hell I’ve never updated one of my open bank accounts. It still has me under my mother’s old house from when I turned 18, and I’ve moved at least 10 times since then. I’ve also helped/worked with/am friends with plenty of unhoused or at risk folks and never heard of being 'debanked. Now if OP wants to talk about getting accounts or your ID in the first place while being unhoused then that’s a different story. Plenty of times I’ve seen it be next to impossible to get these things w/o an address. Not so much maintaining it w/o an address.
Although im sure anything is possible, so I wont discount it completely.
The term has gained traction after being discussed on a November 2024 The Joe Rogan Experience podcast with investor Marc Andreessen, in particular with respect to cryptocurrency assets.
Yeah im not buying it, but the next line says instances of Muslim people having accounts closed have been covered by media. Although that’s shaky at best. What media? Who specifically? Im not convinced that this even happens often enough for people to clutch their pearls
Edits: that claim to “Muslim money” is cited and links to an ebook about Canadian Islamophobia, but its using this book as a source to say Muslim accounts get closed in the USA and its covered by “media”
This is just disguised anti-Trump nonsense under a veil of bits of facts tossed around. This is the equivelant of the right claiming that Joe Biden is wearing a mask. Ppl on the fringe are crazy.
Sorry where did I disguise my anti-regime feelings, here? This is an anti-regime post. I am not crazy. I am your enemy.
You’re not my enemy. You’re batshit crazy, but definitely not my enemy.
Duh your moms not returning your mail to sender is she? Derp a derp
I mean she might have if she still lived there smartypants. She lives in a trailer now. Bold of you to assume any of my family still lives there lmao
BOLDNESS IS ALL!
- use an address you can access for at least a week
- get your initial documents
- go paperless and have the mail all RTS
Job done, nobody will bother you and you can use electronic statements as proof for accounts. Just don’t commit fraud with them and nobody cares.
would be surprised if this was a real problem and I wasn’t aware.
Umm… that’s a terrible argument. Like, really, really terrible.
That said this does feel a bit like a red herring. I don’t think having an open bank account is gonna do shit to help anyone kidnapped by the Y’allqueda Gestapo.
But, seriously, “this can’t be true, cause if it was I’d already know about” comes across as really arrogant.
¯\_(ツ)_/¯
Sorry you feel that way. While I am very experienced in the field, and as such would be surprised that this snuck by me, I miss things from time to time. That’s why I asked for references.
If experience in a field isn’t an argument for being knowledgeable in the field, you’re likely hard to please.
Wow.
I’m so sorry for doubting your infallible knowledge and wisdom!!
Well…no I’m not.
And don’t even play that “I’m sorry you didn’t react the way you were supposed to” crap.
And, no, your grandiose posturing means nothing at all to me. No one cares. You say you’re an expert? Then you already know what evidence to cite to support your argument.
Your claims of experience are not evidence of anything but your over inflated ego.
I’m genuinely sorry that my words upset you.
Good day sir.
🤣
Yeah, whatever
Yeah, that’s what I told my doctor when he said I didn’t have unicorn pox. He was like, “that’s not a real thing, and if it was I’d have heard of it,” and I told him he was just an arrogant jerk. He doesn’t know all the diseases, just cause he’s a doctor.
OOOFFF GOT ME
Back when I vandwelled, I was able to set up a “declaration of domicile” so my legal address was at a mail forwarding center. You can have mail forwarded to a local post office box, or to a different address (if you’re crashing at a friend’s house or something.)
It’s a useful option when you have to move around a lot, since if you move you don’t have to change your address - just change where your mail gets forwarded to.
It does require paying for a PO Box, but IMO it’s worth it.
Though I recommend actually knowing something about the town or city of the forwarding center you use. I once had a job interviewer be from the same town as the one on my license, and had to bullshit as if I actually knew the place (and didn’t merely drive through it on a freeway a couple times.)
Hey do you know if this works for traveling nurses or if there is a different way that they do it?
If you have to travel for extended periods of time, it’s not a bad idea. It does take a little extra time for your mail to get to you (since it’s being shipped twice.) If that isn’t a problem, I can’t think of any reason it wouldn’t work for travel nurses.
Works just fine, just make sure you do your mail forward with the paper form, keep your payments current, and do the verification of the forward in person as is required. Fwiw you can use any address you have access to to start the PO box or other accounts as well, even if you won’t have that access for long. Source: I do mail
The good news is that your post isn’t really something you have to worry about(social media is propagandizing this), it’s only going to impact state funded housing for people and aim to funnel money to private prison contractors for any homeless people who assault ICE or w/e other federal agents. The bad news is that its rooted in hate and going to damage section 8 housing access, generally making people poorer/more worse off in the long run.
This is 100% going to be used against trans people, especially the mental illness and danger parts (remember all the cross dressing is pedophilia stuff that republicans were pushing)
I hope for the safety of all LGBTQ people in the US right now, especially the trans people. You all deserve to live unbothered, I wish it were that easy.
This is absolutely a current weapon against trans people. If you know trans people who need an address, get them an address ASAP.
Disappointing but not surprising that the chosen solution to increasing swaths of the population no longer being supported by our economy is concentration camps. I honestly don’t think it’s that far fetched that the endgame here is they literally kill us all while acting like it’s our own fault, and the America of the future is just robots and genetic clones of billionaires.
Not just robots and billionaire clones. I think their endgame is a white ethno-christian state. These people want to make the US the headquarters for the crusades 2.0. At least that seems to be the group most pandered to behind the capitalists extracting all wealth.
I don’t buy it, I think they’re going to betray those people too eventually. Although maybe there will be a pitstop at “white christian ethnostate”
And now I actually want and am rooting for armed homeless to commit acts on violence on government stooges who attempt to carry out this order. Time to start building guns for the homeless.
Now the message on Tom Morello’s guitar makes sense (“Arm the homeless”).
You don’t have to be homeless to fight for them.
Why of course.
If you no longer have property, what use are you (/s)?
This country was based on property rights.
I’m sure most have noticed that a lot of law revolves around harming people OR property. If people aren’t property, why would damaging property be so severe?
And the next part is the one that blows my mind more than anything - car insurance. I don’t know about all US states, but at least mine, you are legally required to have it to cover damages to other property. Most people keep full coverage because of the expense of a new car - like a home, or a boat, etc.
This is all about the true goal of the Heritage Foundation’s plan - People to become property.
I’m not talking Black slaves, or enslaved Latinos, I’m talking everyone. Sex slaves? A thing of the past. You make a transaction for a wife. (Remember no LGBTQ+ in this world of theirs). Employees? A thing of the past. You give workers shelter, food and enough healthcare to remain profitable.
A lot of people can argue that is the current system. But a lot of people can still take time off. FMLA still protects people. People have retirement accounts. “You will own nothing and like it.”
If people aren’t property, why would damaging property be so severe?
Sorry in advance for defending the concept of defence of property. It’s not that I think it should be that way, but currently it is.
Property can easily be equated to either work or status. In today’s society, we work to earn our property. Damaging property is then damaging work, or at least the value of the work already done.
On the other end, status is something we already know that the elite value above all else, so it makes sense that attacking someone’s status is going to get punished.
So it’s not so much that people are property, but that harm to property is harm to its owners.
Yes, that’s the belief. I understand that.
But it isn’t harm to the owners. The equating harm to property to harm to the owner is what makes the idea of us not being equal a thing.
Otherwise our children would be traumatized from every piece of colored paper that we have to throw away that they bring home. The unrepairable cars, the laptops that bite the dust, the food that we consume.
That’s why people being property is no different to the elite. They are equivalent.
If you have an MH diagnosis and you don’t have two back-up legal addresses, you are on this Ex O.
Could you translate this to simple English? MH? Ex O?
Im assuming:
Mental health
Executive order
If you have a mental health diagnosis, you need to have two back-up addresses because you are being targeted by this executive order.
I’m curious if credit unions participate in this. I can’t find any information about it.
It’s pretty specific to the CU. Some CUs seem to follow “other banks de-banked you, so…” and some just don’t seem to notice or care about anything.
Sharing info about de-banking is cool but lets try to keep the FUD out of it. What the so-called “ENDING CRIME AND DISORDER ON AMERICA’S STREETS” order says regarding this seems mostly contained in Sec. 3, which basically threatens to pull housing and urban development funds from states that don’t meet the administrations crazy rules.
. I also see nothing to validate your claim that folks with a mental health diagnosis need three addresses (two back-up addresses implies the existence of a third main address).Why are you carrying water for fascists?
He’s not? The EO is theater, nothing changed but that. Nobody homeless is copping federal charges anyways unless they assault feds. The OP is also sensationalizing things, you can use a valid address and say you receive a bill at it to claim residence aka not homeless (even if you functionally are). I see it all the time. Often people stop paper bills and use electronic stuff as proof of residency.
so fucking tired of all the sanewashing here, I thought I blocked your instance weeks ago…
I don’t know what that saying means, but I hate the Trump administration I promise. I hate FUD too though. More FUD = less energy to spend on the actual battles that need to be fought. I have my own mental health diagnosis and currently live in my parent’s spare property so what OP said would personally impact me if true. I can’t find where it’s stated though.
/r/notatrumper material right there, plus randonumbername. I am so fucking tired of this game.
I didn’t ask for your life story I asked why you are sanewashing the weaponization of homelessness
I feel like I’m becoming jaded because any time I hear about some new shit that hurts poor people in this country I find myself wondering how many of these people voted for Trump in the first place. I get being desperate and feeling like some kind of change is needed… The first time. But we had a chance to see it was all bluster and bullshit already and still voted for this government. I know it’s a bad mindset but a lot of this stuff is hurting groups of people where the majority voted for Trump and I’m having trouble feeling sorry for them.
Propaganda efforts large than we can imagine operating for decades. How has the rural poor identity morphed from union men and worker solidarity to backing military and police? It got too dangerous and they stomped it out with myths of foreign adversaries. I’m of the mind that we need to reach across political lines to overcome this, we can’t allow them to split the country evenly in half or we’ll be in a deadlock forever that just lets them do what they want. It can seem herculean but there are shades of it when a CEO is killed on the streets or a bunch of politicians work together to protect pedophiles; political identity fades and it becomes more obvious that it’s us against them
Also a lot of the most disenfranchised are kept from voting at all. Either they have to work, polling place is too far away and they don’t have a car, polling place getting changed, don’t have a permanent address
I left the USA 25 years ago and still keep a bank account at my parents’ address. Not yet debanked.
You being lucky doesn’t necessarily imply that other people will be equally lucky, though.
Plus, what we may not have thought about is that the triggers for a financial institution to review your account will happen due to a change in circumstance. Address move, insurance change, employment change.
Since you left 25 years ago, there have presumably been essentially zero changes to your personal status as far as the bank is concerned. They aren’t hearing about it because you don’t live or work in the country anymore.
So your account is just sitting there, quietly unnoticed and unbothered.
To make them want to close it, something would need to happen to make them review it in the first place.
This is what privilege looks like
And how did the bank decide I was privileged? I don’t keep much money in the account, I’ve overdrawn it many times, I have no record of employment in the US for decades.
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Yes that’s true.
According to the sources in the Wikipedia article, in the US at least, the term de-banking wasn’t even in popular use until some right-wing nutjobs started claiming that the government was using it to shut down conservative “tech” companies, and then latched onto by people like Joe Rogan and Elon Musk to scam people into replacing their bank accounts with crypto currency.
I’m completely anti-crypto but that’s not the topic.
This is a warning about an angle of attack against people. I’m not advocating a product. My suggestions are to make sure you have trustworthy, legal access to multiple addresses should your housing become unstable, and to have diversified access to real banking services through both traditional banks and credit unions.
I’m in the United States so I read the sections relevant to the United States. I’m just trying to find where this claim of people with a mental health diagnosis needing multiple addresses due to the new EO comes in. That would impact me personally.
It isn’t a “claim that you need multiple addresses.” Think critically about the problem. A person who has MH diagnosis or addiction diagnosis, and is also at risk of de-banking due to address instability needs to have a legal address they can prove access to. Proving you reside at an address is how you stop the process of de-banking. For people who are housing unstable, it is wise to have backup plans including two addresses.
Oh I see, I was panicking a bit because I thought you were stating that it was a part of the EO and I couldn’t find any references to support it. I don’t really have a backup address since I live with my parents at the moment (dealing with said MH diagnosis). Thank you for taking the time to respond OP.
Seems like a good time to start planning out that backup address, since you’re housed and safe right now (I assume.) Hope your luck is better than mine, but much of this information I gained from the experience of resorting to backup-backup-backup plans. Good place to start is figuring out the cheapest place you could get a monthly lease in the areas you are familiar with. One of my friends just happened to have that info handy when I almost became homeless a few years ago, and being able to very quickly act on that info ended up saving me a few rough weeks.
Sounds like a rough spot, I’m glad things worked out for you.
