Bank of America, Wells Fargo, CitiBank, and other national and local banks have reported that the new Stimulus Checks from the US Government are being returned for lack of funds.
Apparently the current administration did not understand that unlike the war against reason you actually have to have money in the account to pay for the checks rather than sticking everyone's children and grandchildren with the bill.
Officers of the US Banking Association state that as soon as some guarantee is presented that there is actually money in the government account that they will no longer cash the checks.
Check charges are piling up and are being forwarded to some ranch in Texas.
