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(Glenn Beck)   Government persecution of right-wing media goes deeper as Glenn Beck's staff's bank accounts are seized in illegal raid   (glennbeck.com) divider line 87
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2605 clicks; posted to Politics » on 18 Jun 2014 at 7:59 AM (15 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-06-18 01:06:25 AM
This is actually a thing, however I'm pretty sure it's not quite the right-wing freakout issue that Beck is making it out to be.

Here's some better info on the subject:  http://www.cpbj.com/article/20120720/FRONTPAGE/120719752/
 
2014-06-18 01:23:17 AM
I wanna know who the hell submitted this trolly headline.
 
2014-06-18 01:33:14 AM

Kittypie070: I wanna know who the hell submitted this trolly headline.


Submitter is the worst, clearly.
 
2014-06-18 01:58:40 AM

Kittypie070: I wanna know who the hell submitted this trolly headline.


24.media.tumblr.com

$5 says its this guy.

/oh crap
 
2014-06-18 02:31:14 AM
FTFA: "She started going through the statements, and on one statement, which was full of language, one sentence in one paragraph of that statement said, 'If you have no activity on this account, we will close out this account, based on Pennsylvania law blah, blah, blah,'" Joe explained.

As a thinking person, I would submit the "blah, blah, blah" part Joe didn't really explain is, you know, kind of important ...

/but that's just me
//also, read the fine print, ya dipshiat
///hey look!
////slashies!
 
2014-06-18 02:37:04 AM

HawgWild: FTFA: "She started going through the statements, and on one statement, which was full of language, one sentence in one paragraph of that statement said, 'If you have no activity on this account, we will close out this account, based on Pennsylvania law blah, blah, blah,'" Joe explained.

As a thinking person, I would submit the "blah, blah, blah" part Joe didn't really explain is, you know, kind of important ...

/but that's just me
//also, read the fine print, ya dipshiat
///hey look!
////slashies!


Also, The one statement, full of language, is the statement I'm betting they didn't read. Because words.
 
2014-06-18 02:41:26 AM
Seriously. This is stupid.

I remember reading every single word in my mortgage before I signed it. And then, when I went to sign it, there were two other people in the room reviewing the mortgage with me. They were shocked, SHOCKED, that I found a discrepancy.

"Most people don't do that," one of the ladies said.

"Do what?" I asked.

"Find a discrepancy," she said.

"Well ... I guess most people don't read their damn mortgage before they sign it. Or read any of the other paperwork. I read every single word. Twice," I said.

"Good for you," she said.

So, you know. Read shiat before you sign shiat. Otherwise, you have no recourse.
 
2014-06-18 07:28:18 AM

HawgWild: Seriously. This is stupid.

I remember reading every single word in my mortgage before I signed it. And then, when I went to sign it, there were two other people in the room reviewing the mortgage with me. They were shocked, SHOCKED, that I found a discrepancy.

"Most people don't do that," one of the ladies said.

"Do what?" I asked.

"Find a discrepancy," she said.

"Well ... I guess most people don't read their damn mortgage before they sign it. Or read any of the other paperwork. I read every single word. Twice," I said.

"Good for you," she said.

So, you know. Read shiat before you sign shiat. Otherwise, you have no recourse.


Actually, I held up the closing on my house because they got a few of the figures wrong.  Yeah, I read it before I signed it.
 
2014-06-18 07:29:08 AM
I just flat out don't believe this article is being even slightly truthful. They are leaving something huge out or lying. Banks do not close savings accounts if you don't use them for six months.

this is just more by gold because banks are crooked bullshiat
 
2014-06-18 07:30:28 AM

dittybopper: HawgWild: Seriously. This is stupid.

I remember reading every single word in my mortgage before I signed it. And then, when I went to sign it, there were two other people in the room reviewing the mortgage with me. They were shocked, SHOCKED, that I found a discrepancy.

"Most people don't do that," one of the ladies said.

"Do what?" I asked.

"Find a discrepancy," she said.

"Well ... I guess most people don't read their damn mortgage before they sign it. Or read any of the other paperwork. I read every single word. Twice," I said.

"Good for you," she said.

So, you know. Read shiat before you sign shiat. Otherwise, you have no recourse.

Actually, I held up the closing on my house because they got a few of the figures wrong.  Yeah, I read it before I signed it.


They forgot to put my wife's name on the deed (wasn't my wife at the time, and she was on the mortgage). That's a pretty big farkup
 
2014-06-18 07:32:01 AM
"This is such a dangerous thing. My grandparents lived through the Great Depression. My grandparents had two rules: I don't keep all our money in the bank because I don't trust the bank. Second rule: I don't go to the hospital because hospitals are where you go to die. I never understood that, until recently," Glenn concluded. "My grandparents didn't trust the banks. They didn't trust the doctors. We are headed right back to that period."

http://www.foxnews.com/health/2010/07/21/glenn-beck-announces-lose-v is ion/
 
2014-06-18 07:38:42 AM
A search of the entire Pennsylvania Consolidated Statutes for the words "inactive" and "account" returns this and only this:
 Section 514 - Title 17 - CREDIT UNIONS (b)"><<Inactive accounts.--A share account may be transferred to a special account if, for at least six years, there has been no activity by the owner of the account and all written communications from the credit union to the owner of the account have been returned to the credit union with no forwarding address. After the transfer, the credit union may cease paying dividends on the transferred account and may cease sending notices to the owner. A member whose account has been transferred may reclaim the funds from the credit union at any time prior to the time the account is escheated. After escheat, reclaiming is governed by Article XIII.1 of the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code. (Dec. 9, 2002, P.L.1572, No.207, eff. 60 days)

Maybe I'm looking in the wrong place, but I live in PA and haven't seen anything comparable to Beck's claim, so, yeah, this story seems as plausible as the idea that trading my "worthless" dollars for Goldline certificates means that there is a stash of bullion in some impregnable vault in Santa Monica just waiting for me when society collapses and I strap on Paw's trusty shotgun and a can of mutant repellent to go claim what's mine.
 
2014-06-18 07:41:11 AM
I like how he didn't say how much was taken. My Spidey sense says they ran a saving account to a Zero balance then had one dividend deposit of about Two cents. After the account was closed for being below the minimum balance they didn't cash the check sent to them and as soon as they knew their Two cents would get sent to the state they got all 'omg the gov seized our money! You need to give it back this second, this is merica!'
 
2014-06-18 07:42:26 AM
Well start an armed revolution Glenn. Go for it. Seriously. Do it. Do. It.
 
2014-06-18 07:42:40 AM
The article is full of shiat.


http://www.helpwithmybank.gov/get-answers/bank-accounts/inactive-acc ou nts/faq-bank-accounts-inactive-accounts-01.html

When is an account considered inactive or unclaimed?
Generally an account is considered inactive or unclaimed when there is no customer initiated activity or contact for a period of three to five years. The specific period is based on the laws or rules of each state.
Each state has an unclaimed property program. Before sending the account balance to the state, the bank is usually required to try to contact the customer. Some banks publish the names of the account holder in a local newspaper. Some banks send a letter to the last known address of the account holder. The bank will turn over the account balance to the state if there is no contact from the account holder.
You can find more information on unclaimed property programs through the National Association of Unclaimed Property Administrators (NAUPU) at  www.unclaimed.org and through your state unclaimed property office.



What does Pennsylvania law say then?

http://www.patreasury.gov/unclaimedProperty.html


What is Unclaimed Property?
Unclaimed property is any financial asset that has been left with a "holder," such as a bank, insurance company or other business or organization, without activity or contact for a period of about five years.


What? Glen Beck lies about something? Perhaps he shouldn't have lied when he raped and murdered that girl in 1990.
 
2014-06-18 07:53:15 AM

NickelP: They forgot to put my wife's name on the deed (wasn't my wife at the time, and she was on the mortgage). That's a pretty big farkup


Yeah it is.

In our case, they wrote the mortgage for the purchase price of the house, instead of purchase price less our down payment.   When I was looking at the monthly payment, it didn't match what I had calculated it should be, so I called them on it, and we figured out what the problem was.

Luckily, I had my "thermonuclear calculator" (an old TI-89) with me.  After a bad experience with a car salesman, I wrote a program that worked the loan formula several different ways, including how to find the amount financed based upon the term, interest, and payment.
 
2014-06-18 08:05:54 AM
See?! THIS is exactly why you need gold, dehydrated food, and a hand-crank radio. Wake up, sheeple!
 
2014-06-18 08:06:44 AM

Peter von Nostrand: Well start an armed revolution Glenn. Go for it. Seriously. Do it. Do. It.


He tried that already. In true conservative fashion, have one of the poors do your work for you.  http://en.wikipedia.org/wiki/2010_Oakland_freeway_shootout
 
2014-06-18 08:11:55 AM

Tr0mBoNe: "This is such a dangerous thing. My grandparents lived through the Great Depression. My grandparents had two rules: I don't keep all our money in the bank because I don't trust the bank. [...] My grandparents didn't trust the banks. [...] We are headed right back to that period."

http://www.foxnews.com/health/2010/07/21/glenn-beck-announces-lose-v is ion/


Yes, that's right. We don't trust the banks. Because the banks are flipping us over and fisting us. Almost makes you wish there was some agency whose job it was to make the banks play fair and act as an advocate for the consumer.

But, of course, that'd be socialism.
 
2014-06-18 08:12:30 AM
If the government had done this in 1990, would Glen Beck have had the resources to rape and murder that young girl?  Does this mean that the government is partially to blame?

/I'm just asking questions?
 
2014-06-18 08:13:47 AM
It's called escheatment. Designed to deal with orphaned accounts or assets (owner dies without family or directives). Every state has a website you can visit to search for any accounts or property which may belong to you. Before the internet they published lists in newspapers or aired ads on the radio.
 
2014-06-18 08:13:48 AM
From Penn. Treasury website:

What is Unclaimed Property?
Unclaimed property is any financial asset that has been left with a "holder," such as a bank, insurance company or other business or organization, without activity or contact for a period of about five years.

So, yes, the article is BS.
 
2014-06-18 08:17:08 AM

HighOnCraic: If the government had done this in 1990, would Glen Beck have had the resources to rape and murder that young girl?  Does this mean that the government is partially to blame?

/I'm just asking questions?


Would he have known you then, and been able to take advantage of your obvious criminal and sociopathic tendencies to deftly maneuver you into doing the evil deed for him?  Would you have been the same perfect patsy for him then as you are now?

/more questions...
 
2014-06-18 08:17:36 AM
If it sounds like bullshiat, smells like bullshiat and is Glenn Beck well....... You want me to have sympathy for a dipshiat that went on Glenn Beck.
 
2014-06-18 08:19:55 AM
Can a state sue someone for slander or libel?  I am not saying the story is a bald faced lie from an unbalanced scam artist, I am just asking questions.  Like the questions about the young girl that was raped and murdered in 1990.
 
2014-06-18 08:22:54 AM

capn' fun: It's called escheatment. Designed to deal with orphaned accounts or assets (owner dies without family or directives). Every state has a website you can visit to search for any accounts or property which may belong to you. Before the internet they published lists in newspapers or aired ads on the radio.


Maybe they should have checked to see if he still had a pulse.

Whatever. I'm still trying to adjust to this whole Brave New World thing. Man, I need another cup of Soma.
 
2014-06-18 08:24:30 AM

HawgWild: Seriously. This is stupid.

I remember reading every single word in my mortgage before I signed it. And then, when I went to sign it, there were two other people in the room reviewing the mortgage with me. They were shocked, SHOCKED, that I found a discrepancy.

"Most people don't do that," one of the ladies said.

"Do what?" I asked.

"Find a discrepancy," she said.

"Well ... I guess most people don't read their damn mortgage before they sign it. Or read any of the other paperwork. I read every single word. Twice," I said.

"Good for you," she said.

So, you know. Read shiat before you sign shiat. Otherwise, you have no recourse.


So glad we obtained our mortgage with our local credit union... The Loan Officer pretty much went through it with us page by page, we read it on our own, and then their lawyer went through it with us before any signatures were made. They really removed a lot of the anxiety of signing away 30 years of your life. : )

We refinanced a couple of years ago, and they were just as helpful... I really can't speak highly enough of credit unions. I'll never use a big bank for anything.
 
2014-06-18 08:24:35 AM
this is all you need to know about glenn beck:

img.fark.net
 
2014-06-18 08:24:36 AM
Sorry just got here guys....Has anyone asked him why he won't discuss the girl he raped and murdered back in 1990?
 
2014-06-18 08:24:41 AM

Laobaojun: Can a state sue someone for slander or libel?  I am not saying the story is a bald faced lie from an unbalanced scam artist, I am just asking questions.  Like the questions about the young girl that was raped and murdered in 1990.


No.  1st amendment.  Government entities don't even get the protection that public figures do.  That way the state can't stifle criticism by suing.
 
2014-06-18 08:27:43 AM
"She started going through the statements, and on one statement, which was full of language, one sentence in one paragraph of that statement said, 'If you have no activity on this account, we will close out this account, based on Pennsylvania law blah, blah, blah,'" Joe explained. "What I don't understand is dividends were being paid into this account. We were paying taxes on this money the whole time, yet because there was no activity for a six month period, the state of Pennsylvania took that money, without any notice to us."

I do so love it when right wing idiots take it upon themselves to prove that they're lying.
 
2014-06-18 08:28:43 AM

Ninepoundhammer: Sorry just got here guys....Has anyone asked him why he won't discuss the girl he raped and murdered back in 1990?


The judge, I'm sure, when he sued the satirical website that made that allegation.
 
2014-06-18 08:29:14 AM

doublesecretprobation: this is all you need to know about glenn beck:

[img.fark.net image 620x310]


That his smirk says "I pissed in every one of these packets"
 
2014-06-18 08:29:43 AM

Mr. Coffee Nerves: Maybe I'm looking in the wrong place, but I live in PA and haven't seen anything comparable to Beck's claim, so, yeah, this story seems as plausible as the idea that trading my "worthless" dollars for Goldline certificates means that there is a stash of bullion in some impregnable vault in Santa Monica just waiting for me when society collapses and I strap on Paw's trusty shotgun and a can of mutant repellent to go claim what's mine.


Hah, the joke is on you. I'm cornering the market on mutant repellent so nobody else will have any.
 
2014-06-18 08:34:25 AM

dittybopper: HawgWild: Seriously. This is stupid.

I remember reading every single word in my mortgage before I signed it. And then, when I went to sign it, there were two other people in the room reviewing the mortgage with me. They were shocked, SHOCKED, that I found a discrepancy.

"Most people don't do that," one of the ladies said.

"Do what?" I asked.

"Find a discrepancy," she said.

"Well ... I guess most people don't read their damn mortgage before they sign it. Or read any of the other paperwork. I read every single word. Twice," I said.

"Good for you," she said.

So, you know. Read shiat before you sign shiat. Otherwise, you have no recourse.

Actually, I held up the closing on my house because they got a few of the figures wrong.  Yeah, I read it before I signed it.


I did that too.  My paper work was a jumble of scribbles by the time we were done.  I probably could have taken it to court claiming the house was mine free and clear because the contract was unintelligible.
 
2014-06-18 08:35:01 AM
"She started going through the statements, and on one statement, which was full of language, one sentence in one paragraph of that statement said, 'If you have no activity on this account, we will close out this account, based on Pennsylvania law blah, blah, blah,'" Joe explained.

States' Rights!
 
2014-06-18 08:41:50 AM

Somacandra: Kittypie070: I wanna know who the hell submitted this trolly headline.

[24.media.tumblr.com image 512x384]

$5 says its this guy.

/oh crap


It's too hot today.
 
2014-06-18 08:43:40 AM
Someone didn't pay child support or owed taxes? Just asking questions.

/DNRTFA
 
2014-06-18 08:44:16 AM

djseanmac: "She started going through the statements, and on one statement, which was full of language, one sentence in one paragraph of that statement said, 'If you have no activity on this account, we will close out this account, based on Pennsylvania law blah, blah, blah,'" Joe explained.

States' Rights!


B-b-b-b-but the Federal government is the problem!  And the governor of PA isn't a Kenyan Mooozlim!
Or is he?
 
2014-06-18 08:44:35 AM
Thanks, Obama.
 
2014-06-18 08:48:17 AM

make me some tea: This is actually a thing, however I'm pretty sure it's not quite the right-wing freakout issue that Beck is making it out to be.

Here's some better info on the subject:  http://www.cpbj.com/article/20120720/FRONTPAGE/120719752/


Abandoned property becomes the property of the state until such time as the actual owner can be found.
In this case, some low-level bank analyst, probably a $9/hour temp, went through a list of dormant accounts and wrote them off to abandoned property.
Happens every month at the insurance company I work for. Agents' commissions often have this happen because they'll leave the business or move without telling us and are old enough not to have an online presence. Claims on really old life insurance policies are the same way. Often, the beneficiary is either dead, or can't be found.
 
2014-06-18 08:53:39 AM
always fun to see the "you don't need fire codes if you have personal responsibility" people flipping shiat because they have zero personal responsibility
 
2014-06-18 09:00:38 AM

Galloping Galoshes: From Penn. Treasury website:

What is Unclaimed Property?
Unclaimed property is any financial asset that has been left with a "holder," such as a bank, insurance company or other business or organization, without activity or contact for a period of about five years.

So, yes, the article is BS.


Plus, if Penn is anything like Kansas, they have a whole department somewhere in the state system dedicated to getting "unclaimed property" like this back to their owners. They run a website where you can plug in your name to look for stuff, they'll run blurbs on the local news advertising this fact, etc.

But yeah, "Dam Da Gubment!", obviously.
 
2014-06-18 09:01:51 AM

sprawl15: always fun to see the "you don't need fire codes if you have personal responsibility" people flipping shiat because they have zero personal responsibility


There is a delicious schadenfreude, isn't there?

Something tells me we're not getting the whole story here, though... If Glenn Beck and his Clown Show said the sky was blue, I'd go outside and check before agreeing with him, at any rate.
 
2014-06-18 09:02:06 AM

HawgWild: Seriously. This is stupid.

I remember reading every single word in my mortgage before I signed it. And then, when I went to sign it, there were two other people in the room reviewing the mortgage with me. They were shocked, SHOCKED, that I found a discrepancy.

"Most people don't do that," one of the ladies said.

"Do what?" I asked.

"Find a discrepancy," she said.

"Well ... I guess most people don't read their damn mortgage before they sign it. Or read any of the other paperwork. I read every single word. Twice," I said.

"Good for you," she said.

So, you know. Read shiat before you sign shiat. Otherwise, you have no recourse.


When I bought my house I hired an attorney to go over the documents with me.  It cost me a couple of hundred bucks (but at that point, what's few hundred more?) and the peace of mind was well worth it.
 
2014-06-18 09:02:17 AM
There is such a concept codified into state law known as "escheat" or abandoned property, where if certain types of deposits or financial instruments (even unclaimed winning horse race tickets) if they were not claimed, or had any sort of activity run through them for a certain period of time (could range typically from 6 months to 7 years in KY) then the presumption is that the property is "abandoned" and the State may claim that property, but they are in essence to hold it until if, and when, a rightful owner can claim it.  The State can earn interest on the property while it holds on to it, but once the rightful owner is located, or files the claim, the State is to turn it back over to the owner.  I don't get this idea of claiming part of a bank account because no one logged onto an account for 6 months.  Typically a bank account would be subject to a longer period of inactivity prior to State attachment.
 
2014-06-18 09:04:07 AM

keylock71:    I really can't speak highly enough of credit unions. I'll never use a big bank for anything.


I still use two locally owned banks for different things.  There no doubt that the smaller the institution, the better the customer service and the lower the fees.  And my credit union wins in every criterion I can think of.

I cannot understand why anyone but the top 10% use Bank of America, Wells Fargo and the like for typical consumer and small business transactions.

Inner city bank deserts, maybe.  They rest of them?  You deserve what you get.
 
2014-06-18 09:04:17 AM
Why does the government want you to spend your savings under threat of property seizure.

Nj changed their laws when mcgreedy was govenor so they can take your savings after a year or two of "inactivity"

This is just another law or regulation that targets the poor and middle class more so than the wealthy but hey as long as it affects a right winger i can pretend the law doesnt suck because i want right wingers to be punished at the cost of my principles.....and dont get me started on how banks with billions in profit that get no interest freebies from the fed charge you fees to store your money.
 
2014-06-18 09:05:30 AM
We've done this before. Beck should complain to fellow right winger, the PM of Australia.


jbrad47128: I don't get this idea of claiming part of a bank account because no one logged onto an account for 6 months.  Typically a bank account would be subject to a longer period of inactivity prior to State attachment.


My bank wants me to cancel a savings account because I don't do anything with the money. All part of the business class assault on liberals.
 
2014-06-18 09:06:41 AM

capn' fun: It's called escheatment. Designed to deal with orphaned accounts or assets (owner dies without family or directives). Every state has a website you can visit to search for any accounts or property which may belong to you. Before the internet they published lists in newspapers or aired ads on the radio.


No. No. No.  That can't be it.  It must be special persecution of Glenn Beck because he is such a visionary.
 
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