Time for an update on some of America’s finest….
It comes to no surprise to me, but for those who have forgotten, the largest security breach in U.S. history still has not been resolved. If the lack of resolution isn’t enough to upset you maybe this article will.
“Equifax data breach was bigger than previously reported“
- Breach actually happened July 2017
- Announcement of said breach September 2017 involving 145.5 million Americans
- March 2018 Equifax has found an additional 2.4 million Americans that have had their personal information hacked. Bringing the ever increasing total to 148 million Americans that have been affected by the Equifax data breach.
“The company is still adding millions of new names to the list of people who were impacted. The growing size and scope of the breach underscores the need for Congress to step up and do more to hold companies accountable for keeping our personal data safe.” -Justin Brookman, director of consumer privacy and technology policy for Consumers Union, the advocacy division of Consumer Reports
Still on the fence about Bitcoins? If so here are a few of many articles out there that may help you decide it is a safer bet to bury your money instead of giving it away or in the case of bitcoins, having it stolen.
“Coinbase overcharging some users emptying bank accounts“
- Coinbase is the San Francisco-based wallet and exchange startup that raised more than $225 million from venture capital investors and serves as the amateur introduction to the volatile world of cryptocurrencies.
- Coinbase is one of a few “reputable” shops that allow users to hook up their bank accounts and buy virtual currencies with fiat (government-backed) money including the US dollar, euro, and British pound sterling. For this reason, it’s the go-to site for purchasing cryptocurrencies; Google “How to buy Bitcoin,” and you’ll get a CNBC article explaining how to use Coinbase.
Now Joel Hirtle’s testimony; a Coinbase customer who banks with Scotiabank, was hit with two phantom charges for $100, the first of which sent his bank account into the negative and resulted in a total of $144 in overdraft fees, he told The Verge. He opened five different support tickets with Coinbase, he said, and spoke to customer service twice. While the first $100 phantom charge was automatically refunded, the second $100 charge appeared at midnight last night. “I go to it instantly and sure enough it’s Coinbase taking money from my account yet again,” he said. He said he is doubtful that Coinbase will refund his overdraft fees because his experience with its customer service team was so poor. He canceled his debit card because he was afraid of being erroneously charged by Coinbase again. “I don’t trust them to hold my money, that’s for sure,” he said. “I probably will never use their service again.”
- Not the first time coinbase has double charged their customers, it has been happening since May 2016.
- The company has had a busy week: it temporarily halted PayPal withdrawals, disabled adding new credit cards as a payment option for U.S. customers, and released a new product for merchants called Coinbase Commerce. All COINcidentally as the price of a bitcoin hit $10,000 again after falling for almost two months.
“Bitcoin ban expands across credit cards as big U.S. banks recoil“
- A growing number of big U.S. credit-card issuers are deciding they don’t want to finance a “falling knife.”
- JPMorgan Chase, Bank of America, and Citigroup said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards. JPMorgan doesn’t want the credit risk associated with the transactions, company spokeswoman Mary Jane Rogers said.
- These big three have now sided with Discover and Capital One on halting cryptocurrency purchases on credit cards.
Food for thought: Big banks and credit card companies don’t support cryptocurrencies, most countries have banned cryptocurrencies due to its instability and criminal ties, and just a few reputable businesses are accepting cryptocurrencies. So my question is why the hell are you buying them???
With many congressmen stepping down due to their own moral discrepancies, women are being asked to replace them. Out loud it sounds like a just answer to our current immoral problem, but these women asked to answer the call are hesitating to put sexual harassment front and center as an issue in their campaigns. Why?
“Sexual Misconduct Spurs New Elections: The #MeToo Races“
- In at least eight state legislative and two congressional races, including special elections in Minnesota and Oklahoma, the subject has rarely been mentioned in advertisements, rallies or when knocking on doors. Many of these candidates are women campaigning to replace these immoral men that have held these seats for way to long.
- “You get an eye roll and that’s it,” said Tami Donnally, a Republican running to fill a Florida State Senate seat on April 10 after the resignation last year of Jeff Clements, a powerful Democrat who admitted to an affair with a lobbyist. Ms. Donnally, vice-chairwoman of the Republican Party of Palm Beach County, said voters shrug off the issue: “‘Oh well, another one bites the dust, let’s move on, tell me what you’re interested in.’”
- Some candidates said they have hesitated to press the issue because sexual harassment does not weigh as heavily on voters’ minds as do other concerns, such as the economy, local issues or their approval or disapproval of President Trump.
“Sexual harassment does not weigh as heavily on voters’ minds as do other concerns”… This statement alone sums up what is wrong with America today, and the answer is WE are the problem. When economy, money, and personal approval or disapproval opinions of one person takes precedent over how we treat each other on a daily basis, there is a huge problem.
- The sexual harassment nation-wide outcry, treating our sisters, mothers, lovers like sex slaves.
- Imminent war and financial control over all monies. The never ending fight for the “almighty dollar” has plagued our nation since the beginning, claiming too many lives.
- The gun control battle. Our children are afraid to go to school because they don’t feel safe in the classrooms with the other children, stemming from years of bullying and no outlets. We aren’t listening to our kids’ cries for help, we would rather shove a computer in their face than have a conversation with them. Years of recessed anger and no one to talk to… are you really surprised that this is the outcome?
Perception is reality, and from what I am perceiving I am very fearful for our future……
My next topic will be about the gun control issue and how this is not the answer we need. With all that ails us as a society there is only one answer: “Do unto others as you would have them do unto you.” We must first change as a people before we can change as a whole. I will go further into detail on what I mean next week, so come on back to savingsense.co
Until then I leave you with this: What are you willing to do to make this world a better place?
“A man who stands for nothing, will fall for anything.” Malcolm X