Ponzi Scheme November 5

-

"Donald Trump will sell this country for a dollar," Alexandria Ocasio-Cortez, New York Congresswoman, 2024 DNC in Chicago.

If banks are running scared because of online thievery, thuggery and volunteered burglary, then the problem is bigger than we thought. Volunteered burglary? Yes m’aam. Common sense went on vacation and never returned from Bora Bora. That is why I give my money to a total internet stranger, for some bogus investment.

Banks periodically remind us about the ‘highway robbery’, but warnings have become frequent. There must be a problem. This one arrived recently.

"Scammers have become more active on social media, trying to trick people into investing in Ponzi or pyramid schemes and crypto scams. They promise significant returns, like doubling your money in a very short time. Some pay initial returns, enticing you to invest more until they stop paying you. Others disappear as soon as you’ve paid over your money.”

What is a Ponzi scheme? Never mind. Banks should not remind us about what babies can see. They don’t stretch their mini-arms to strangers. They coil up and hide under the arm of the parent or cousin. What do they do when they see a familiar face? The arms shoot forward. It brings tears to my eyes. Yours too.

This bank message mentions ‘doubling your money.’ How is that possible? Common sense should tell us something’s fishy, but we don’t have it. We put it out with yesterday’s garbage. Today is today and we want money, and fast. We don’t have time. That’s why we want coffee-to-go, sandwich-to-go, wife-to-go, husband-to-go and profits-to-go. We forget the saying, come easy go easy. If banks, the government-approved scammers (bank fees) are worried about online scams, there is a problem.

Nonqaba waka Msimang

Blogger Without Borders

 

 

 

 

Comments

Post a Comment

Popular posts from this blog

Elections And Political Bullies

-
Image
Forget democracy.   It should be called political bullying. We are watching it in the prelude to the Canadian election on the 19 th of October, 2015.   Americans have also started their political bullying for the looming presidential election next year. So many trees wasted on books about democracy.   Some countries have big budgets for invading other countries ‘ to defend democracy’ but it is seldom practised in campaigning for elections.   Calling opponents names and printing flyers attacking each other is behaviour that will not be tolerated in kindergarten, but it is all legal, in campaigning.   It is irritating and such a let-down to the whole notion of democracy.   Grown-up men and women behaving like Grade One kids. It is also misleading because many voters believe it is real hatred.   Don’t let that fool you.   These politicians play golf together, attend the same dinner parties, eat and drink at the same social events, share jokes and cut deals in parliament.   They
Read more

Comfort Food As Regret Food

-
Image
Chicken curry. Comfort food is good for the soul, which usually bleeds in winter from icy roads, bad drivers that want to annihilate pedestrians, frozen fingers and toes that take a sabbatical.   What happened to my toes?   I thought I was wearing special socks for boots? We therefore have a right to comfort food which throws doctors’ orders out of the window and has no loyalty to calories.   No calculator on the table, thanks very much.   Piece of bread 5 calories, half a banana 10 calories, sugar-free cheesecake 2,000 calories.   Ah! Ah!  We only live once. Naw!   Comfort food is old school food with its compulsory second helping.   It involves licking fingers and giving a big sigh, about the good life, which is shelter, food, love and debt.   The problem is the zip.   The jeans remind you that comfort food can also be called you will regret food .   Home sweet home is even sweeter in winter after surviving blowing snow and bumper to bumper traffic. What is more welcoming th
Read more

No Air Miles

-
Image
I don’t have Air Miles.   I’m considering putting that on a T-Shirt because I cannot go to the drugstore (chemist) or coffee shop without the cashier asking me if I have air miles. We waited for about two minutes the other day, while this guy looked for his Air Miles card in his overweight wallet.   For what?   For a few points. I don’t have air miles because Mathematics is a foreign language.   I was never good in numbers. That is why I squashed the idea of being an investment banker very early in life.   I understand you can invest in cornfields before the soil is turned up or pork bellies even before a baby pig is born. That is how I view air miles, investing in tomorrow or the unknown.   I’m the dumb one.   Some people understand this air miles’ thing so well, I overheard one customer saying: I can even convert my points into cash. Points and air miles are the same thing in Canada and the U.S.   Drugstores or clothing stores even give you a card to collect point
Read more