Author Topic: Just wonderful  (Read 373 times)

Kansas kymco

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Just wonderful
« on: May 17, 2021, 11:23:40 PM »
Got a letter in the mail today stating People Bank had been hacked April 9th and my information might be compromised.  To borrow a phrase from the mideast, (death to the hackers).
In parts 200S and Grand Vista and my motorcycles 2 CS BMW'S and one GS BMW.

Sold-32 Kymco scooters of various sizes this summer.

pa-outdoorsman

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Re: Just wonderful
« Reply #1 on: May 17, 2021, 11:32:14 PM »
It's only money. It's not like they stole your scooters or anything!  ;D
2018 Kymco UXV 450i
2021 Honda ADV 150

Kansas kymco

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Re: Just wonderful
« Reply #2 on: May 17, 2021, 11:55:37 PM »
It's only money. It's not like they stole your scooters or anything!  ;D
Kind of funny, I have repetitive security systems at home to protect the scooters.  It's not the bank account I worry about (hard to get blood out of a turnip ) It's all the information that was taken, basically all my ID.

The bank is paying for credit monitoring for a year.  Might do a credit freeze as well.
In parts 200S and Grand Vista and my motorcycles 2 CS BMW'S and one GS BMW.

Sold-32 Kymco scooters of various sizes this summer.

CROSSBOLT

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Re: Just wonderful
« Reply #3 on: May 18, 2021, 12:15:16 AM »
I dumped all banks in the 80's due to their crummy practices. Got talked back in when I married this lady who can squeeze a buck until blood run out! Banks are "so convenient" and so on but banks are the major root of outpr financial problems especially the Fed. The sad thing is this was known quite well in the 80's so a lot of the public put their savings in gold. Most banks in the Memphis area at the time could not come up with the cash to honor withdrawals! Top of that, the biggies at the Fed and large eastern banks dumped gold mid 80's and ruined most that had turned green into gold.

The next disaster is inflation is realistically over 8%  and rising rapidly. So if you got it you may as well spend it so you get some value.
Karl

Three motorcycles 1960-1977 (restored a 1955 BSA)
Agility 50
Yager 200i
Downtown 300i
Navy tech, Ships Engineer, pilot and aircraft mechanic

Kansas kymco

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Re: Just wonderful
« Reply #4 on: May 18, 2021, 01:44:58 AM »
I dumped all banks in the 80's due to their crummy practices. Got talked back in when I married this lady who can squeeze a buck until blood run out! Banks are "so convenient" and so on but banks are the major root of outpr financial problems especially the Fed. The sad thing is this was known quite well in the 80's so a lot of the public put their savings in gold. Most banks in the Memphis area at the time could not come up with the cash to honor withdrawals! Top of that, the biggies at the Fed and large eastern banks dumped gold mid 80's and ruined most that had turned green into gold.

The next disaster is inflation is realistically over 8%  and rising rapidly. So if you got it you may as well spend it so you get some value.
I was just thinking a new Kymco 550AK cost as much as the new car I purchased in 1988.   The discount offered on new trucks before the pandemic was about the same amount as I paid for a new GMC truck in 1994.  I feel sorry for the young people who will inherit all this debt.
In parts 200S and Grand Vista and my motorcycles 2 CS BMW'S and one GS BMW.

Sold-32 Kymco scooters of various sizes this summer.

Clampett

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Re: Just wonderful
« Reply #5 on: May 18, 2021, 04:27:17 AM »
I was just thinking a new Kymco 550AK cost as much as the new car I purchased in 1988.   The discount offered on new trucks before the pandemic was about the same amount as I paid for a new GMC truck in 1994.  I feel sorry for the young people who will inherit all this debt.

Compare your salary in '88 & '94 to the salaries now for a closer/more fair comparison. I still agree with you that about our national debt!!!!
Both my sons are making at least 4X what I was making then. The one that didn't go to college is making 20k/yr more than the one that went to college.
But their house notes are about the same % of their salaries as what I was paying of my salary.
The one that makes the most has the least, don't ya know?

Back to People's Bank. We closed our account there years ago. Now I'm wondering if they still had our info/data that was taken in that hack. I'll be watching the mailbox for a few days now.... >:(

Kansas kymco

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Re: Just wonderful
« Reply #6 on: May 18, 2021, 09:17:50 AM »
Compare your salary in '88 & '94 to the salaries now for a closer/more fair comparison. I still agree with you that about our national debt!!!!
Both my sons are making at least 4X what I was making then. The one that didn't go to college is making 20k/yr more than the one that went to college.
But their house notes are about the same % of their salaries as what I was paying of my salary.
The one that makes the most has the least, don't ya know?

Back to People's Bank. We closed our account there years ago. Now I'm wondering if they still had our info/data that was taken in that hack. I'll be watching the mailbox for a few days now.... >:(
True but 8% inflation destroys people's retirement savings and leads to sky high prices.  Unless your in Kansas Peoples Bank is basically a local bank with branches in a few surrounding towns.  I'm sure there are several small banks with the same name so you need not worry, unless your bank gets hacked.

I heard on the news that 20% of the money in circulation was printed in 2020. This destroys the value of the dollar.  As long as they keep running the presses at hyper speed were in trouble. Just look at the country of Greese  and see what happens.  Germany after the war,  and Venezuela currently.

The Federal Reserve has always raised interest rates to put the brakes on inflation to keep this from happening.  That's why it's supposed to act independently of the government.
« Last Edit: May 18, 2021, 09:40:37 AM by Kansas kymco »
In parts 200S and Grand Vista and my motorcycles 2 CS BMW'S and one GS BMW.

Sold-32 Kymco scooters of various sizes this summer.

Stig / Major Tom

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Re: Just wonderful
« Reply #7 on: May 18, 2021, 10:46:40 AM »
I'm not at liberty to disclose where I've moved my money.
But, and my daughter first brought it to our attention...all 7 of our resident squirrels out back are dressing to the nines these days. Which....is worrisome.
Stig
« Last Edit: May 18, 2021, 10:48:20 AM by Stig / Major Tom »
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Kansas kymco

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Re: Just wonderful
« Reply #8 on: May 18, 2021, 11:45:18 AM »
I'm not at liberty to disclose where I've moved my money.
But, and my daughter first brought it to our attention...all 7 of our resident squirrels out back are dressing to the nines these days. Which....is worrisome.
Stig
I let the Collies bury the mason jars in the back yard, I wondered why they got T-bone steaks and I got hamburger .
In parts 200S and Grand Vista and my motorcycles 2 CS BMW'S and one GS BMW.

Sold-32 Kymco scooters of various sizes this summer.

CROSSBOLT

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Re: Just wonderful
« Reply #9 on: May 18, 2021, 12:01:34 PM »
I'm not at liberty to disclose where I've moved my money.
But, and my daughter first brought it to our attention...all 7 of our resident squirrels out back are dressing to the nines these days. Which....is worrisome.
Stig
Now that you mention it, OUR squirrels are getting pretty fancy, lately! Must be relatives of your squirrels! Will have to watch our racoons more carefully....
Karl

Three motorcycles 1960-1977 (restored a 1955 BSA)
Agility 50
Yager 200i
Downtown 300i
Navy tech, Ships Engineer, pilot and aircraft mechanic

Kansas kymco

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Re: Just wonderful
« Reply #10 on: May 18, 2021, 04:10:02 PM »
Well just got done freezing my credit, now I don't have to monitor for activity.

I also did the tag renewal on all my vehicles today.
« Last Edit: May 18, 2021, 06:17:23 PM by Kansas kymco »
In parts 200S and Grand Vista and my motorcycles 2 CS BMW'S and one GS BMW.

Sold-32 Kymco scooters of various sizes this summer.

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