If you like your checking account, you can keep your checking account.

But the money in it? That was just on loan to you.

Seriously, why would anyone ever agree to sign up for this? The IRS can do this sort of thing, sure, but the IRS never claimed to be your friend.

About Joel

You shouldn't ask these questions of a paranoid recluse, you know.
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2 Responses to If you like your checking account, you can keep your checking account.

  1. MamaLiberty says:

    There’s a cure for that… don’t keep any money in the bank! Many of us are basically forced to have a bank account, for one reason or another, but – so far – there is no law that forces us to keep anything in it beyond the bare minimum. I’m sure they’ll get around to that eventually, but for now a savings account at a credit union is usually sufficient, and doesn’t cost anything.

  2. Claire says:

    Wow. And Washington state’s Obamacare website was supposed to be one of the few that was actually working — hip-hip hooray and watch the best of Obamacare in action and all that.

    Well, yeah, I guess it is “working,” since the obvious intention of Obamacare is just to pull money out of middle-class pockets.

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