| #2 /\ According to Glen Beck the banks goal is to implement a Chinese like worthiness rating system of all its customers. Indeed! Manifestations of this "goal" have been around for many years, and it's not just a big city, mega-bank goal. If you do NOT go along with the bank's plan for your business or farm. You may find the sheriff on your porch with seizure orders. Nothing will prevent you from seeing your equipment again at the farm sale however, that's if you haven't already succumbed to a heart attack, stroke, or eaten your pistol. |
| Posted by: Besoeker 2021-09-13 07:34 |
| #1 My mother had three traditional IRA CD's with approximately 5 year terms and about 1% interest rates with three separate banks. When my brother and I become beneficiaries of her accounts the other two banks kept the same terms and interest rates for the IRA CD's. Wells Fargo ended the term for the CD and reduced the interest rate to 0.02% (1/50th the original 1% rate, essentially free money!). At the time I didn't care, because I was looking for 2% interest rate. By the time I got around to looking for a better interest rate I learned banks will not transfer inherited IRA's (so one is locked in at the original bank). Interest rates had fallen anyway due to the dirty Feds dropping interest rates so low, hurting those on fixed income. Now the Biden regime is attacking savers with high inflation on top of near zero interest rates. Thank God one person named Joe Manchin dared to care about high inflation rate, at least until he caves to the leftist attacks. According to Glen Beck the banks goal is to implement a Chinese like worthiness rating system of all its customers. |
| Posted by: boomerc 2021-09-13 07:05 |