Independent thinking for complex markets and current events
Debit card users beware: This ATM Cash Trap is spreading fast and draining accounts in seconds. In this video, I’ll break down how the scam works, how to spot it, and what to do if your money gets stuck. Stay alert before your next withdrawal! https://youtu.be/gQUwgZDJPiM
Texas is putting metal back in the money. House Bill 1056 is now law. It gives Texans the ability to use gold and silver for everyday purchases through a state-backed debit card system. The law passed both chambers and was signed by Governor Greg Abbott in June. It goes live May 1, 2027. Here’s how …
New York City Mayor Eric Adams (D) is expanding his program that rewards newly arrived migrants with pre-loaded debit cards for food — paid for by New Yorkers who remain some of the most tax-burdened residents of the United States. Adams started the debit cards-for-migrants program in February, noting that it would cost about $53 million to …
New York City will move forward with a plan to give migrant families debit cards loaded with cash to buy food and baby supplies. NBC keeps asking Chicago how much they are spending to shelter illegal aliens. Chicago provided the numbers for 9 of the 27 shelters in the city: 1. The Inn: $344,000 weekly …
Petrol stations around the country are up and running again following a day-long leap-year glitch which saw card payment machines go down for more than 10 hours. Allied Petroleum, Gull, Z, Waitomo and other fuel stops around New Zealand reported problems with card payments on Thursday because of a software glitch they said was caused …
So, there’s a buzz about New York’s immigrant debit card program, and let’s break it down in plain language. It turns out the person who got the contract has a connection to Barack Obama, and they didn’t even have to compete for it – no bidding, nothing. This company, Mobility Capital Finance (MoCaFi), is set …
New York City Mayor Eric Adams has defended a new pilot program to give migrants prepaid debit cards, saying it could save the city money. “Adams spent a large portion of his weekly media availability on Tuesday defending the program, which could grow to cost the city $53 million, saying it will save the city …
@NYCMayor is giving out debit cards to illegal immigrants up to $10,000 each in taxpayer money with no ID check, no restrictions and no fraud control.Why are we distributing untraceable global cash to unidentifiable people in droves? https://t.co/TTAp7cIFGg — Manhattan Mingle (@ManhattanMingle) February 20, 2024 The New York Post reports: Inside Mayor Adams’ migrant debit card …
This is the sweet spot for all of the next incoming busses. “New York City is set to distribute $53 million worth of pre-paid debit cards to illegal immigrants at the cost of taxpayers. These pre-paid debit cards, otherwise known as the “Immediate Response Card,” will help illegal immigrants buy food, according to the New …
via NYP: In 2021, early on in America’s historic border crisis, I wrote that the United Nations was abetting the problem by handing out debit cards and cash vouchers to aspiring illegal border crossers on their way north. One outraged group of 21 border security-minded lawmakers pitched a bill that would require the United States, …
by Dismal-Jellyfish https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics Source: https://www.finra.org/sites/default/files/2021-03/margin-statistics.xlsx Wut mean?: According to FINRA Rule 4521(d), FINRA member firms with customer margin accounts must report by the last business day of each month: Total debit balances in securities margin accounts. Total free credit balances in all cash and securities margin accounts. Debit Balances in Customers’ Securities Margin Accounts increased: …
via dailyhodl: One of the biggest banks in Australia is making significant changes to the amount of cash customers can withdraw and how much they are allowed to spend using their debit cards. Westpac is reportedly restricting the amount of cash that customers can pull out of ATMs to $1,000 AUD per day, which is …