Money & Economics
- Thread starter bigredfish
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mat200
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- Jan 17, 2017
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And the crowd cheered
and don't forget the Student Loans entrapment scheme that they can not modify even in bankruptcy for those "good white collar jobs" that will be captured by AI
honestly, I have seen many jobs listing a BA as a requirement, when in fact a good high school grad should be able to do it.
Guess I missed the Money part in this Thread:
I understand the Market Swings but people tend to spend more when they are making money.
You should go back to school.
^^^
This funny...
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“Student Loans entrapment scheme?” Never heard that before.
The fact that people seek out these loans without a gun to their head and then proceed to get a degree in a useless field, often times spending four years learning nothing useful but having a great time, leaves me with ZERO sympathy. Nobody promised them anything.
This is exactly why this idiocy spouted by the left (Clinton, Obama) that they wanted to make four years of college as common as high school was so destructive. It adds nothing, just costs a lot more.
Gold took a nose dive today, down 4.3% when I looked.
mat200
IPCT Contributor
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The best Cons / Scams do not require firearms
and none of these scammers are putting guns to the elders they scam ..
it is still a con job / scam job
A couple of months ago an elderly member in my family got scammed. Urgent phone call came in, some kind of problem with her checking account. Immediate action required to protect account. She gave up enough info that the scammer was able to establish an ACH link complete with the confirmed microdeposits, then the whole account got transferred to another bank. Thanks to another family member getting wind of it an jumping right on it, the money got recovered.
My first reaction was to ask how the family member or anybody else could be so dumb? Then I began to remember how I'm making more and more mistakes as I get older, and honestly wonder if I too could be that dumb some day? The best defense I can think of right now is awareness of the scams, and resisting somebody else telling me that immediate urgent action is needed.
My first reaction was to ask how the family member or anybody else could be so dumb? Then I began to remember how I'm making more and more mistakes as I get older, and honestly wonder if I too could be that dumb some day? The best defense I can think of right now is awareness of the scams, and resisting somebody else telling me that immediate urgent action is needed.
Gold took a nose dive today, down 4.3% when I looked.
Yup Silver too.
I own both GLD and SLV ETFs
I trimmed Friday before close but still took a beating
When the Scum prey on Children and Elderly, I don't think Life in Prison is enough, IMO.
It can be hard for the Elderly to give someone, a Loved One even, control of their money/accounts. One thing we did was have their Online Logins, which they even did not use, send us notifications of high withdrawals/limits, credit card purchases (out of state/country), basically anything we would monitor ourselves we tried to monitor on our parents. They did not mind that...but our Nom got to where use asking her if she purchased something over limit had her saying we were going too far.
Understood...Oh yeah, we locked all 3 of the Credit Bureau accounts. The wife and I have ours locked too. We are not needing loans or large credit purchases...It is Free...
Years back, my Mom got a call, stating her grandson, my son, was in jail and she needed to send him money. She called me to verify, which is really what the Elderly should do, if they can...and no he was not in jail
This one should work out really well...
On Jan 1 striking employees in Oregon can receive unemployment
On Jan 1 striking employees in Oregon can receive unemployment
Not to brag or anything, but I have enough money to not work for the rest of the year...
So what would happen if you just didnt get around to filing your taxes for say a year?
People need to stop focusing on the Somali angle of the MN fraud.
This is GOVERNMENT fraud, Somalis are just the tip of the iceberg.
People need to stop focusing on the Somali angle of the MN fraud.
This is GOVERNMENT fraud, Somalis are just the tip of the iceberg.
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mat200
IPCT Contributor
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Indeed not the same .. the Student Loan scam is far larger and more systematic
Sort of along the lines of the systematic way the WOKE blame game worked ( or the Pandemic vax game ), but not as obvious until you dig into it more.
Pretty interesting info and one example:
***** I try to not post anything like this without trying to verify it first, but this one is way way past what I'm able to do.
***** I try to not post anything like this without trying to verify it first, but this one is way way past what I'm able to do.
The only way it would be the same is if vulnerable elderly people actively applied to get scammed. The student loan issue is certainly based on the false premise that "higher education" is an investment; it can be, if the student opts for a field that trains them for a career, but far too many don't do that. Again, that's not the fault of the system.
The main "scam" there is that Obama & Kompany greatly increased access to student loans, which in turn allowed colleges to raise tuition, and the Bidum administration, which wanted to forgive these loans. Sheer idiocy.
mat200
IPCT Contributor
- Jan 17, 2017
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Vulnerable old people actually are signing up to be scammed .. numerous scams hitting them.
one is the "reverse mortgage" scam ..
Also the student loan scam has been around longer than Obama ..
