Tuesday, May 3, 2011

Growth and share package

This morning I encountered a long queue outside a local bank at 830am. Opening hour is 9am, but there was easily more than 50 people already in the queue which is far more than normal. I later realised that it was for the encashment of growth and share package cheque.

I remember when I used to work in our local banks, queues like these formed into the hundreds before branch opens during periods like this. Most of these people are the elderly and retirees which needs more attention in filling up forms or where to go etc so we try to help out the best we can.

I remember asking an elderly customer once.

"Why so kiasu auntie?" I said jokingly. "Wait a few more days then encash lah, or just drop into the quick cheque deposit box, tomorrow after 2pm can withdraw via ATM, no need to queue."

I can still remember what she said even now.

"Ah di, auntie no money already. Don't encash now how I am going to buy food for my next meal? I don't have any bank accounts with any banks as I cannot afford the minimum balance required and the banks keep deducting money from me every month!"

There are a lot more of these 'aunties' that I used to encounter almost on daily basis. They are mostly uneducated, illiterate and needs help to use machines or read the english letters the bank sent out. It seemed like the world has passed them by. Worst of all, they did not realised it.

They know that things are getting more expensive, but they don't understand why.

They know that jobs are getting more difficult to come by, but they don't understand why.

What they 'know' is that the government is 'helping' them by giving them money to spend. So they keep voting for the party that is actually causing them their problems in the first place.

Sad.

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