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Comment Re:Wouildn't his kids inherit his money anyway? (Score 0) 265

Fucking /.

You mean the private business that safeguarded it for all that time?

You know banks arent charities, right? That they arent safeguarding your money and providing interest for the general good?

They should be making interest on it.

Seems perfectly fair if I agree to hold people's money and take liability for it for many years, and you disappear with no will or anything else, that I should keep the money (assuming no heirs or next of kin) rather than the government-- after all, the government already gets a big piece of the pie, but THIS piece they didnt earn.

The government gets all abandoned property when someone dies. In this case they just don't have the burden of selling it for the funds. I mean if you have a person with no family and no will, where do expect his house and car to go to when he dies? The first squatter?

Comment Re:Wouildn't his kids inherit his money anyway? (Score 0) 265

<quote>

<p>You mean the private business that safeguarded it for all that time?</p><p>You know banks arent charities, right? That they arent safeguarding your money and providing interest for the general good?</p></quote>

They should be making interest on it.

<quote>Seems perfectly fair if I agree to hold people's money and take liability for it for many years, and you disappear with no will or anything else, that I should keep the money (assuming no heirs or next of kin) rather than the government-- after all, the government already gets a big piece of the pie, but THIS piece they didnt earn.</quote>

The government gets all abandoned property when someone dies. In this case they just don't have the burden of selling it for the funds.

I mean if you have a person with no family and no will, where do expect his house and car to go to when he dies? The first squatter?

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