December 22, 2020
Congress has just passed another bill to help the people whose finances are taking a beating from the pandemic. Once again, some of us will be getting money by check or direct deposit. The timing and details are still TBA, but here’s what we know:
- The government won’t ask you to pay anything up front to get this money. Anyone who does is a scammer.
- The government won’t call, text, email, or contact you on social media to ask for your Social Security, bank account, or credit card number. Anyone who does is a scammer.
- There’s no such thing as getting your money early, or faster. Anyone who says they can hook you up now (or soon) is both lying and a scammer.
We know from the early days of the CARES Act that scammers will be using numbers 1, 2, and 3, above, as part of their playbook. So, if you spot someone who says any of these things, you (a) know they’re a scammer; (b) can warn someone you know about the scam, because (chances are) they’ll get that call, text, or email, too; and (c) can tell the FTC so we can work to stop scammers and warn people about them: ReportFraud.ftc.gov.
The real scammers are the US congress. Almost 6000 page bill? Do the numbers. See what part or % of the total
amount of money goes to the public. Who gets the balance which is most of the money!
Some critical thinkers wonder how we can send money to foreign countries when we are in debt.
We hear a lot about that debt but we never hear much about to whom that debt is owed.
Correct me if I am wrong here, this is something we should all understand.
My understanding the debt is owed to the Federal Reserve Banking system. They print money out of thin air to buy US Treasury Bills. This is how the Federal Government gets the money needed to engage in lavish spending. The money supply is inflated.
Inflation is in effect a tax. With all the money creation for “stimulus” you can bet the price of bacon and eggs is going to go up.
Considering our debt situation, shouldn’t we stop all aid to foreign countries? Should we take care of our own citizens first?