After adverse some criticism for actuality complex in the Occupy Wall Street movement admitting his backer credentials, including his debit card, The Rush Card, Russell Simmons has dedicated himself in an accessible letter to The Huffington Post.
Simmons had been criticized by NewsOne blogger, Ryan Mack who alleged him “officially allotment of the 1%” and claims that the Rush Agenda “pimps the 99%”
The Huffington Post reports:
Now, like abounding did with rap music afore it, critics of OWS are advancing RushCard, which pioneered the prepaid debit agenda industry seven years ago. For years I heard from mothers, accouchement in tow, cat-and-mouse in curve for their paychecks, again in added curve to expensively banknote those paychecks, again in alike added curve to pay their bills. Truth be told, these Americans couldn’t allow the “minimum drop levels” appropriate by ample banks to abstain annual account aliment fees. Historically, ample numbers of these barter incurred defalcation and “insufficient funds” fees on a far-too-regular base — and abounding of these barter are now artlessly admired by the banks as actuality “unprofitable.” For the majority of these folks, there is artlessly is no alternative: no acclaim agenda to be accustomed for, and no coffer alms a reasonable set of fees in their neighborhoods.
Banks are not angry — we could all angle to accomplish abiding we alive aural our means, administer our spending, and abstain accidental high-interest accuse back we can. I created a prepaid agenda so that EVERYONE can acquaintance cyberbanking empowerment. NO ONE would accept to acquaintance the abasement or the defeat that comes with actuality angry bottomward for what abounding of us booty for accepted — a defended way to absorb and save our money. RushCard provides a full-service belvedere for those gluttonous acute alternatives to a acceptable cyberbanking relationship, and best importantly, our barter cannot go into debt!
Read Added At The Huffington Post
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