First Rant part the second

Obviously when I bitch about something like deposit lag there is a heavy suggestion that it is a 'problem' that I'm suffering or have recently suffered. And so it is. We are now entering our 8th day of 'hold' (surely that should be 'withhold' yes? ) with no action. Either end. They (the writers of the check) are not over drawn or in danger of being over drawn. Poor little electrons are just sitting on the side of the road. Probably waiting for their support crew. I'd guess the support folk are driving a broken down volvo with 'Breaking Away' stickers on it...

I go to seek justice later today. I will don my 'puzzeled old man seeking enlightenment' costume rather than my 'rath of god' cape and see what is what.

First Rant

Have you ever wondered just what in the hell the banks are doing with your money when you deposit a largish sum (> $4,000) and then the teller calmly announces that 'of course, this will be on hold you know. Just till it clears...' Next they hand you various pieces of paper that tell you the first batch of yay much money will be available in so many days. Heck of a deal don't you think? Must take quite a bit of time and effort to shove that currency into the pipe and all. Or maybe this explains what happened to the Pony Express; the railroads forced them to go to work for the banks instead. And for that matter, money is heavy so you can only load just so much on a horse at a time (ASPCA and all that).

Of course this is all complete and utter god-damn nonsense. How fast does the money move? Well how fast do electrons run? How about the speed of light (C)? And even given that restricting them to a copper wire slows them way down to 1% of C, that is still as close to instant as we need to care about. Let's put it this way if they can take it out of your wallet with a hit of the return key and a brief pause, it seems only fair that they should be able to put it in a the same or better speed.