Political memes ONLY.. To prove your political points.

Lucky Luke

Well-Known Member
I don't think we have had any bank runs since after the Great Depression once the Federal Reserve started actively keeping our banking system supported during the Republican led economic disasters.

So I wouldn't know about a bank not allowing me to have access to my own money.

That is the beauty of FDIC insurance.

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Yeah that is reasonable. You made it sound like you were some old lady with all your savings stuffed in your mattress.

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if we put cash in the bank the feds know about it and if we ever get audited they ask where it comes from. Lots of silly people earn cash and bank it (my silly son) and don't declare it as income so its not taxed and then get audited.... Also if we bank or buy 10k in cash we have to say where it came from (gambling of cause! lol).
I have a few bank accounts like most would but due to cash income (non declared work and my little grow) normally only a few K in cash. At least if the internet goes down by alien x rays or sun bursts or if "They" shut it down i'll still be able to eat. On another note I have 1/2 a butchered and processed cow coming this weekend from a farmer and a earth moving guy coming as well to dig a trench. They are both cash transactions so a Win/Win for all concerned.

Cash is King when its gone the bastards win.
 
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hanimmal

Well-Known Member
if we put cash in the bank the feds know about it and if we ever get audited they ask where it comes from. Lots of silly people earn cash and bank it (my silly son) and don't declare it as income so its not taxed and then get audited.... Also if we bank or buy 10k in cash we have to say where it came from (gambling of cause! lol).
I have a few bank accounts like most would but due to cash income (non declared work and my little grow) normally only a few K in cash. At least if the internet goes down by alien x rays or sun bursts or if "They" shut it down i'll still be able to eat. On another note I have 1/2 a butchered and processed cow coming this weekend from a farmer and a earth moving guy coming as well to dig a trench. They are both cash transactions so a Win/Win for all concerned.

Cash is King when its gone the bastards win.
I remember people freaking out about Y2K too.

But for me I am not worried because I pay my taxes and don't have stacks of fifties lying around that I need to pay people on the side. I find that it is a whole lot easier to not get screwed when you are not already starting a deal trying to work outside 'the system'.

But I do get having cash around, I just am not some weirdo who thinks it is somehow safer to have it in cash than it is in the bank.
 

Lucky Luke

Well-Known Member
I remember people freaking out about Y2K too.

But for me I am not worried because I pay my taxes and don't have stacks of fifties lying around that I need to pay people on the side. I find that it is a whole lot easier to not get screwed when you are not already starting a deal trying to work outside 'the system'.

But I do get having cash around, I just am not some weirdo who thinks it is somehow safer to have it in cash than it is in the bank.
The system is in place to fleece the majority.

I pay my taxs to. I paid approx $500 per year in income tax the last couple years. My wife got a couple grand back in her income tax refund each year so win/win. We do pay for a decent accountant. I probably saved another $500 by not declaring some income and of cause the small amount i get for pot I don't declare- like the majority of us on here.

Cash is handy. Also leads to discounts. Cash turned a $150 mechanics bill into a $100 one today in fact. I normally use cash for lunch's, dinners, beers at the clubs, holidays and groceries, toys etc. It can sometimes add up a bit to fast but on the flip side when your saving for a sailboat it doesn't at the same time..lmao. A mate gets a fair bit of cash so paid for a really, really large shed and now buys older cars with it and parks them in the shed. Not a bad investment strategy. The shed added value to his PPR and the cars give him a tax free investment.

O its not safer. Its like if you get scammed on a Credit Card. One ph call and the money is back. The loss is with the person it was spent with. If cash at home is lost then its lost. A couple years ago i had my CC details stolen and a few K spent in the UK. I had the money back in my account in 10 working days. Money in the bank is safe as. Cash (at home or sitting in the bank) does have the problem of not keeping up with inflation so its a terrible investment as well.
But if companies can shut down access to the money, Your money, then that's another story altogether.
 
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hanimmal

Well-Known Member
The system is in place to fleece the majority.

I pay my taxs to. I paid approx $500 per year in income tax the last couple years. My wife got a couple grand back in her income tax refund each year so win/win. We do pay for a decent accountant. I probably saved another $500 by not declaring some income and of cause the small amount i get for pot I don't declare- like the majority of us on here.

Cash is handy. Also leads to discounts. Cash turned a $150 mechanics bill into a $100 one today in fact. I normally use cash for lunch's, dinners, beers at the clubs, holidays and groceries, toys etc. It can sometimes add up a bit to fast but on the flip side when your saving for a sailboat it doesn't at the same time..lmao. A mate gets a fair bit of cash so paid for a really, really large shed and now buys older cars with it and parks them in the shed. Not a bad investment strategy. The shed added value to his PPR and the cars give him a tax free investment.

O its not safer. Its like if you get scammed on a Credit Card. One ph call and the money is back. The loss is with the person it was spent with. If cash at home is lost then its lost. A couple years ago i had my CC details stolen and a few K spent in the UK. I had the money back in my account in 10 working days. Money in the bank is safe as. Cash (at home or sitting in the bank) does have the problem of not keeping up with inflation so its a terrible investment as well.
But if companies can shut down access to the money, Your money, then that's another story altogether.
Im sure you have all kinds of good things in your life due to having cash.

But I will take a healthy banking system that allows millions of Americans to be able to get a mortgage and move into a house (instead of living like a serf for their entire lives having to try to save all the money to be able to buy land/home before they can get into one), get a reliable car that allows them to get back and forth to work without again having the nut to buy it outright ahead of time, starting a new business and having the ability to get a loan, on and on.

The edgy mindset that our banking industry as it is in America since WW2 is somehow bad is just asinine. People wanting to bitch about non-banking industries should pick up a book and understand what the Federal Reserve is a part of and which is not.
 

DIY-HP-LED

Well-Known Member
Im sure you have all kinds of good things in your life due to having cash.

But I will take a healthy banking system that allows millions of Americans to be able to get a mortgage and move into a house (instead of living like a serf for their entire lives having to try to save all the money to be able to buy land/home before they can get into one), get a reliable car that allows them to get back and forth to work without again having the nut to buy it outright ahead of time, starting a new business and having the ability to get a loan, on and on.

The edgy mindset that our banking industry as it is in America since WW2 is somehow bad is just asinine. People wanting to bitch about non-banking industries should pick up a book and understand what the Federal Reserve is a part of and which is not.
If you think American banks are something, try the Swiss, or the UK, or better yet China! The competition for sleaze was fierce! China builds deserted cities with their money.
 

cannabineer

Ursus marijanus
Im sure you have all kinds of good things in your life due to having cash.

But I will take a healthy banking system that allows millions of Americans to be able to get a mortgage and move into a house (instead of living like a serf for their entire lives having to try to save all the money to be able to buy land/home before they can get into one), get a reliable car that allows them to get back and forth to work without again having the nut to buy it outright ahead of time, starting a new business and having the ability to get a loan, on and on.

The edgy mindset that our banking industry as it is in America since WW2 is somehow bad is just asinine. People wanting to bitch about non-banking industries should pick up a book and understand what the Federal Reserve is a part of and which is not.
One place where banks make a lot of profit is credit cards. The split between earned savings interest and assessed interest on revolving debt is wider than I understand. And it’s tough to shop Prime without one.

There are about 500 million card accounts in the USA sharing a current debt of $0.8 billion. Interest rates range from 13.3% (excellent credit) to mid-30s for bad credit. Store cards generally carry high interest rates as well.

The only thing I can do about it is maintained a zero balance on my one card, which I’ve had since ‘86. Twice they threatened to upgrade to an account with an annual fee; twice I talked them safely down. I hope member loyalty figured into that. I treat their phone reps with respect, and the service has been impeccable. In any case, someone with good credit can have such an account cheaply, but it takes a cheap, not very self-indulgent outlook. And a willingness to keep some book.
 

Lucky Luke

Well-Known Member
Im sure you have all kinds of good things in your life due to having cash.

But I will take a healthy banking system that allows millions of Americans to be able to get a mortgage and move into a house (instead of living like a serf for their entire lives having to try to save all the money to be able to buy land/home before they can get into one), get a reliable car that allows them to get back and forth to work without again having the nut to buy it outright ahead of time, starting a new business and having the ability to get a loan, on and on.

The edgy mindset that our banking industry as it is in America since WW2 is somehow bad is just asinine. People wanting to bitch about non-banking industries should pick up a book and understand what the Federal Reserve is a part of and which is not.
I've had better things due to loans- nice to pay them early with cash..lol.

Not sure where i said that banking systems need to go. It just should always include cash as tender and cash helps the local community more than digital.
In my experience those who have cash generally earn decant $'s (cash a small % of it). They do usually have houses and Cars and toys. That's because Cash is king an to receive it your normally the business owner or in Sales.
if you don't like cash that's fine but that doesn't mean it should disappear like the Banks and Gov wants. Its also scary that a Company can turn off your access to your money if they choose to.
America's banking system is pretty ancient- Chqs are still a big thing. So 1990's!

I remember getting paid in cash for work when i was younger- most people did. A little yellow envelope and a stamp on the front with your name and your hrs worked, penalty rates and the amount inside less Tax. Straight to the pub!
 
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Lucky Luke

Well-Known Member
One place where banks make a lot of profit is credit cards. The split between earned savings interest and assessed interest on revolving debt is wider than I understand. And it’s tough to shop Prime without one.

There are about 500 million card accounts in the USA sharing a current debt of $0.8 billion. Interest rates range from 13.3% (excellent credit) to mid-30s for bad credit. Store cards generally carry high interest rates as well.

The only thing I can do about it is maintained a zero balance on my one card, which I’ve had since ‘86. Twice they threatened to upgrade to an account with an annual fee; twice I talked them safely down. I hope member loyalty figured into that. I treat their phone reps with respect, and the service has been impeccable. In any case, someone with good credit can have such an account cheaply, but it takes a cheap, not very self-indulgent outlook. And a willingness to keep some book.
CC are a huge trap. Huge interest calculated daily.

I cut mine up about 20 years ago and just use a Visa Debit card- Same protection as a CC and and you use it the same way but it uses your own money. Never any interest. They get paid by the service charge they charge the retailer which is the same fee for a Visa or Mastercard.
 
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Unclebaldrick

Well-Known Member
The whole goal of misinformation isn't to convince you one way or the other. The goal is to undermine your critical thinking skills so that you think everything is a lie and that "both sides" are equally lying.

Sorry it worked on you. That must be disheartening.

Or maybe you aren't so much a victim as yet another person pushing the lie along. Either way, it must suck to be you.
 

DIY-HP-LED

Well-Known Member
It has to be inhabited to be deserted. Those places never were.
A place for Russian economic refugee's who will be streaming out of the place unless Vlad also places travel restrictions on them. It will be the greatest brain drain in human history soon. They could call them Brainsky towns, filled with top Russian talent, China will soon own Vlad anyway, even if they just give them groceries and consumer electronics that they cannot afford for high prices.
 

cannabineer

Ursus marijanus
A place for Russian economic refugee's who will be streaming out of the place unless Vlad also places travel restrictions on them. It will be the greatest brain drain in human history soon. They could call them Brainsky towns, filled with top Russian talent, China will soon own Vlad anyway, even if they just give them groceries and consumer electronics that they cannot afford for high prices.
Only a matter of time before Russia will need to liberate Xinjiang.
 

blueberrymilkshake

Well-Known Member
The whole goal of misinformation isn't to convince you one way or the other. The goal is to undermine your critical thinking skills so that you think everything is a lie and that "both sides" are equally lying.

Sorry it worked on you. That must be disheartening.

Or maybe you aren't so much a victim as yet another person pushing the lie along. Either way, it must suck to be you.
Its just a meme, m8
 
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