P.T. Barnum purportedly proclaimed that “There’s a sucker born every minute”, though there is no proof that he actually said it. Whether true in Barnum’s time or in today’s social-media era, however, the phrase describes those gullible enough to believe anything, even when their better judgment (if they possess any of that) tells them otherwise.
Now comes a story about TikTok, where 40 percent of young adults get their news these days. Recent news sources report TikTok videos portraying people believing they could get “free” cash from Chase Bank ATMs. These videos showed people depositing checks for large sums of money at Chase ATMs, and then making withdrawals for smaller yet substantial amounts, leading them to believe they had discovered a computer glitch to take advantage of. One video viewed over 100,000 times shows a young woman calling her mother and telling her she could get $40,000 to $50,000 out of her Chase account by depositing a check and taking advantage of the “glitch.”
Chase normally allows customers to withdraw a portion of deposited checks before the full check amount clears, but a technical error allowed customers to withdraw all of the funds from a check before it had cleared. Chase says that this error existed for a few days before being quickly fixed.
If this sounds like fraud, it is. Such schemes in earlier times were called “check-kiting”, when someone takes advantage of bank float to make use of non-existent funds. It has been illegal by both state and federal law for many years. Check-kiting is much less common today than in prior times—-not because bank customers are more law-abiding today but because the elapsed time from check deposit to check clearance has become significantly shorter over time. […]
— Read More: mises.org
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Is Kamala Harris’ Media Blitz Exposing Her Economic Flaws?
by Liberty Nation
Vice President Kamala Harris has been under scrutiny for her campaign rhetoric since she was handed the Democratic nomination ahead of the November election. While the mainstream media has called out her penchant for missing the mark, the examples are few and far between. The Fourth Estate’s failure to push…
Last day for the special on long-term storage beef. Save 35% with promo code “JDR” at Prepper All-Naturals.
New Poll Shows National Debt Concerning for Swing State Voters
by Just The News
A new poll of battleground states shows the $35 trillion rising national debt is a critical issue for voters. The swing state poll shows that nine out of 10 voters want candidates to have a plan for the rising national debt. This includes 95% of those voting for Democratic Vice…
“Line All Those Guys Up and Shoot Them”: Professor Says Men Who Don’t Support Female Candidates Should Be Massacred
by Daily Caller
(Jaryn Crouson, DCNF)—A professor at the University of Kansas (UK) told a class that men who would not vote for a female president should be lined up and shot, according to a video posted on X Wednesday. The university confirmed the professor is employed at UK and made the comment…
Democrats Insist That Transgender “Medicine” Is Essential to Military Recruitment
by Tyler O’Neil, Daily Signal
(The Daily Signal)—Several Democrats running in tight races for the U.S. House and Senate joined a larger group of Democrats in signing a letter urging Congress not to defund a measure providing experimental transgender medical interventions that’s included in a bill to fund the U.S. military. The vast majority of…
Whistleblower Warns That the Secret Service Is Trying to Hide Its “Negligence, Sloppiness, and Gross Incompetence” When Protecting Trump
by Bob Unruh, WND
(WND News Center)—There’s been a lot of open speculation about how effective the U.S. Secret Service, under the Joe Biden-Kamala Harris administration, has been in protecting President Donald Trump, who held that office from 2017-2021 and once again is a candidate. After all, that administration is the same administration that…
Three-Quarters of Americans Surveyed Can’t Pay Their Bills
by The New American
Lending Tree, the online lending marketplace, asked 2,040 American consumers in early September how they were doing. Seventy-six percent of them said that Bidenflation has made it more difficult than ever to pay their bills. Half of them said they have had to pay certain bills late in the last…
America Can’t Afford Four More Years of Governance by ‘Luxury Beliefs’
by Human Events
This Monday was the one-year anniversary of the October 7 massacre, an event which will rightly live in infamy. This is not simply because it remains the most vicious assault on Jews since the Holocaust, but rather because – sadly – it amounts to merely the prologue to a year…
New ‘Transparency’ Act Forces Small Businesses to Register Personal Data With Federal Law Enforcement
by The Federalist
The Corporate Transparency Act (CTA) is an aggressive domestic program to federally register millions of unsuspecting small business owners under the guise of an “anti-money laundering initiative.” By the end of this year, Americans will be required to hand over their small businesses’ private data — such as owners’ names…
New Research Shows America Isn’t Headed for a Recession… It’s Been in One Since 2022 and the Government Has Been Fudging the Numbers to Hide It
by Andrew Moran
(The Epoch Times)—New research by a pair of prominent economists suggests that the U.S. economy has been in a recession for the last two years after inflation adjustments are taken into account. According to Bureau of Labor Statistics data, cumulative inflation since 2019 has totaled nearly 25 percent. But inflation…
Survey Reveals Small Businesses Are More Uncertain Than Ever
by Casey Harper
(The Center Square)–American small business uncertainty hit an all-time high and optimism remains low just weeks before Election Day, according to the latest survey. The National Federation of Independent businesses on Monday released the survey, which showed small business uncertainty rose last month to the highest level ever recorded by…