Libertarian ping! To be added or removed from my ping list freepmail me or post a message here.If they ever invent a roach motel for politicians, it will be baited with money.
Yep. But places which issue expiring gift cards are equally greedy-- they get their money up front in today's dollars. Why should there be an expiration date at all? The issuers of these cards can sting the greedy politicians by making the expiration date 10 years or forever.
I tossed a Starbucks card last year, that my brother gave me. I wouldn't drink that monkey p!ss even if given to me.
As an afterthought, I shoulda at least gone through the drive-through a couple of times, and poured the crap out on the driveway as soon as they handed it to me.
Turned out they paid the rebates with something like a gift card. Unfortunately every time you used the card the merchant would need to both call the vendor and key in a vast mass of information.
We never were able to use up all the value in the cards. Complaints to Cingular went un-answered. No doubt they got a windfall.
Clue to Congress-critters and others ~ make these guys refund unused cash value on cards to the users by certified check.
BTW, and this is a warning ~ I've had considerable experience with all the major cell phone companies throughout the United States. The cheating, lieing, good-for-nothing, robber-baron, bottom feeding, scum-sucking slimeballs at Cingular appear to be the most responsive and honest in the lot. So, beware.
I'd like to see this little bass turd go on TV and explain to people why he thinks the government deserves to get this money. Just one reason. That's all I'd like to hear. Just one reason why he thinks the government is entitled to this money. My mind doesn't work like a Commie nanny stater's mind so I have a real problem with this.
You want to explain to me why a gift card should expire? After all, it's paid for in cash. If it's going to expire, it should go back to the purchaser.
Well go with me here...
ALL states have an abandoned property law and any accountant can tell you about it.
There are lots of things considered abandoned property and some of them would surprise you.
First, the abandoned property law was at first targeted to banks. Indeed, money left in the bank and unclaimed must go to the state.
Second, did you know that if a vendor goes out of business and another business owes them money, that this money goes to the state also? Not that anyone does it or anything, but if Jane Doe hospital owes Jim Doe medical supply, and the vendor check CANNOT be properly delivered, the money owed the vendor should be turned over to the state.
I consult of a mobile home park and if an owner abandons a mobile home, it goes to the STATE, not the park owner.
The logic is, and there's some small amount of sense to it, that why the hell should the BANK get to keep the money? Why the hell should money owed to a vendor but unpaid for some reason, but why should this money remain with the debtor?
Based on an assumption that EVERYONE benefits in some fashion when unclaimed bank funds, for instance, is turned over to the taxpayers instead of the rich bank keeping it.
I'm not saying I agree with it or anything but just so you know there is a logic to it all. And every year big bucks go unclaimed.
I've filled a gazillion unclaimed property forms and I've always been pretty honest about it. Even that mobile home park, hey I figger let Delaware come and get that abandoned home, more power to them.
As for gift cards, well I dunno. But using the same logic as was used to set up an unclaimed property system in a state, well it would follow that this money maybe should go to the state.
But I dunno. When gubment gets money it usually goes to help political friends so I'm not sure I buy the original assumption.
But unclaimed property is a big deal and it's certainly not new.
Typical Democrat, in his mind all money should go to the State, we live on a Allowance.
People should simply boycott store gift cards. They're scams, plain and simple. Buy the person a pre-paid debit card from a bank instead.
I disagree with the idea that this money should go to the government (however I'm not suprised that a democrat proposed it). I think it should be refunded to the purchaser or, if that is not possible, given to charity.
If the property reverts back to the giver, it is not abandoned. For the state to have a claim, they would have to use due process. Legislations is not due process, as far as I know.
Of course this digusting rat would want to do this. Most democrats don't know what it isto have earned money they just love to take what is not rightfully theirs.
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In other words, this immature little punk is mad at the restaurant and is in a position where he can get back at them, and all other businesses that use gift cards.
What a putz. I use and give gift cards quite often. I know the expiration dates (because I actually read the card) and have never had one expire. Neither have any friends or business associates because they too have the common sense to read the card.
Libertarian ping! To be added or removed from my ping list freepmail me or post a message here.In California there can be no expiration of a gift card.
Find a 4 year old gift card at the bottom of a drawer
then go use it --- usually no problem.
Gift card money should never, ever expire for as long as the companies exist, and this should be true throughout the U.S. and U.S. territories!
How about the difference between retail price and the sale price of an item. The difference in price is "unclaimed" by the retailer and should go to the State.
The government is going insane.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
I think gift card expirations should be outlawed. They get cash...you should get a service, no matter how long it takes. Why the government should get it instead of you is absurd. Just shows you how politicians are always thinking about how to grab more of your money.