What are some notable scams in history that went unnoticed for so long?
What are some notable scams in history that went unnoticed for so long?
What are some notable scams in history that went unnoticed for so long?
Religion
I am an atheist and I believe the world would be much better without religions. Having said that, I don't conisder it as a scam in itslef. Instead they must have been something evolved over the time due to our ignorance, fear and helplessness. The very same factors that still keep them going.
But hell yeah, people are exploited in the name of religion. I'm from India, one of the largest so called democracies, currently under the governance of a fascist hindutva party that thrives on polarizing people in the name of religion.
BTW I was actually looking for specific instances of scams carefully plotted by known people, companies or even countries instead of broad answers like religion.
Having said that, I don’t conisder it as a scam in itslef
I think the more correct thing to say is that Organized Religion is a scam. There's absolutely nothing wrong with being religious (provided you don't force those views on others), but organized religion always winds up rotten at the top - and it's not surprising. Organized religion is one of the most powerful tools for controlling people, even if it wasn't (though it might have been) intended to be that way at the beginning. A king/president/dictator can threaten the lives of their subjects, but only a holy man can threaten their immortal soul (from the perspective of the devotee anyways).
Religion was needed, but at some point logic and critical thinking should have been enough.
The issue is the wealthiest benefit when the masses don't have the tools to use that. They want people who won't question rules and blindly follow them.
Humans are just animals, we're not born with those abilities, we need to be taught.
So we see education outright cut or forced to focus on rote memorization rather than the process to understand and figure shit out on our own.
We should be past religion as a species, but it's not automatic, we have to continually teach the next generation to think for themselves
Just imagine what could have been done in the last 300 years if every dollar that was donated to churches went to some other cause, or back into the pockets of the masses. There is an immense amount of wealth that is trapped in the collective real estate, bank accounts, etc owned by churches. I'm not even talking about megachurches or the mormon's giant stack of cash, just mom'n'pop little parishes that are everywhere across the US.
If ALL that money was still kicking around in the economy and in the pockets of people to spend on real things, building real businesses, etc...we'd be way better off.
Always makes me sad when I visit my in-laws who live in a particularly bible thumpy area and you go and there are spots there where churches outnumber normal businesses. It seems like it's just a huge drain on the local economy devoting that much money into propping up churches of various kinds...
Religion is used as a scam by many people. It is also used in other ways by other people.
Sometimes I mull over what state we'd be in as a society if instead of celebrating a man's deeds we had been celebrating nature and the environment that hosts us since the beginning.
I can't help but think there would be a lot less damage to the environment and less greed.
BTW I was actually looking for specific instances of scams carefully plotted by known people, companies or even countries instead of broad answers like religion.
Lesson for next time, use the text part of your post to define what you are asking or are interested in hearing. Otherwise you get everyone giving glib answers that suck like the above.
BTW, I'm reading Smartest Guys In The Room, the book about Enron, you might be interested in looking up that company. They used very complex financial instruments to deceive shareholders and Wall Street and boost their stock price. Bunch of assholes, some of the shit they pulled was obscene.
thrives on polarizing people in the name of religion
things have been like this for a long time, irrespective of the parties. but this has been going too far for the past two decades, especially after the current prime minister started his period.
Obligatory George Carlin clip. https://youtu.be/iouZYYzQEjU
I was gonna write about the fascist aspects of the country, but I wouldn't say that it's something completely unknown; many of my peers are okay with fascism just because there is no centerist alternative, as what we have already seen leftists are not going to be better given the same amount of power.
When it comes to religion, it should have been a personal thing rather than systematically integrating it with each aspect of our lives like how it was initially intended.
Sometime earlier in my life I took a decision of not going to my place of worship; this helped decouple my belief in something bigger that I don't understand, and a cult made by man.
Very true my fellow enlightened gentlesir tips fedora
this but unironically
Oh my god, isn't Christianity kinda a pyramid scheme?
I wanted to post this
The American healthcare system.
Capitalism, especially with little to no regulation*
What is the alternative to capitalism?
Scam for sure. Hard to say it’s been unnoticed for a long time though
idk - only 63% of Americans support single-payer healthcare, nearly half of Americans still haven't caught on at least
Homeopathy, acupuncture, ozone therapy... all "alternative medicines" basically.
Like the old joke, "What do you call alternative medicine that works?" "Medicine!"
If some herb, plant or extract has a proven effect it will be adopted by real medicine, and all that is left in alternative medicine is the scams that do not work.
You’re almost right. Modern medicine needs to synthesize natural compounds to profit fully from them. They can’t just use natural remedies and present them to patients because they can’t patent them.
There's a slight gotcha here:
I'm in Asia and a lot of traditional chinese medicine you can buy is just regular medicine with a marketing disguise hiding the fact. Why yes, this is a box of whatever the fuck extract, very interesting, old northern recipe to cure the shit, let me just check what's written on this paper, and, yep, there it is, it's just Loperamide but with an additive to make it taste like Ginseng. Got it.
Tim Minchin
I worked for a medical clinic years ago.
One doctor was pushing natural hormone therapy.
I asked one of the other doctors. He wouldn’t touch it.
He told me he sees thousands of patients each year. Some number will get cancer, and some number of them will sue him.
If he prescribes a medication, he can defend himself by pointing to the medical studies showing the safety of the medication.
If he prescribes anything natural, there are no studies showing safety, because nobody can patent natural substances. Therefore there isn’t much money to be made, so nobody spends the money to do good studies.
Even if it was a miracle drug, he wouldn’t prescribe it.
Once I made a joke online about paying for homeopathy by dipping a dollar in a jar of water and giving them the jar, and like five people I know unfollowed me lol
Did you hear the one about the homeopathic who tried to commit suicide?
He took a 10X dilution of cyanide.
Lol yeh a surprising amount of people believe in it.
I once trained to work in pharmacies, we had companies present on their products and one of them was selling homeopathic products. One of the other students asked if it actually worked and the rep's response was 'if it didn't do you think people would buy it?' I didn't say anything but I thought to myself yes, there absolutely are people who hand over money for dumb shit that doesn't work lol.
I have a pinched nerve. I went to many doctors, done many tests, went to months of PT and was still in pain. I went to my acupuncturist and she is able to release the muscles around the pinch enough that my right arm doesn’t feel constantly numb. I a man of science. I don’t believe in he Chi traveling my body etc but the physical result of the acuponcture cannot be denied.
And there are physical therapists who do acupuncture strictly for muscle release without all of the chi stuff.
Acupuncture has actually been shown to help in some cases beyond a placebo effect.
I feel the same about chiropractic - many people call bullshit, but I’ll be damned if they don’t help me. Like you, I don’t believe “your spine is where all your problems originate” like some chiropractics try to peddle, but the dude pushes on my back and it pops and it feels better.
Trust me bro.
my statutory health insurance (germany) pays for acupuncture. so it seems to be proven that it works so well that they cover the costs for the treatment
It just depends how you define the chi.
One simple way might be “responsiveness”. Chi is present wherever your body is capable of receiving and transmitting information.
I love how ruthless the wikipedia pages on these topics are, by the way. Do check them out if you get the chance.
Hey umm so ... homeopathy. There is a case to be made --hear me out here please-- that it might have been effective once, but now we've got millions of "practitioners" doing things that clearly do not work.
The reasoning is obvious.
The concentration of practitioners within the population is clearly too damn high (insert meme here). To show how effective it can truly be, all we need to do is to dilute the ratio ... by a lot.
Don't you agree that this is worth looking into?
(/s in case anyone is in doubt)
A few weeks ago I got the flu and went to see my doctor. She wasn't in so I got sent to a substitute who examined my ear with a weird beeping device. I asked her what it was and she just said that she practices "Chinese medicine".
She told me her device indicated that I have huge problems with my thyroid and she said I should get some sort of crystal necklace that's good for that and that I should apply some essential oils daily. Of course, she happened to sell those at a good price.
I went to have a blood test and my thyroid was fine, my values were right in the middle of the acceptable range.
I think chiropractors also fall under this
Scams, all of 'em. But the medbed that I can sell you is totally real. /s
I used to get acupuncture with a tend unit attached to the needles as a kid for my chronic pain. Holy fuck did I feel better afterwards. It was probably the tens unit. I have a small one at home and it is great for relaxing my tight muscles.
Ponzi schemes, especially the insurance companies. They really are a Ponzi scheme.
Think about it, they promise you things asking for money, then when you need their services they decide where you go, how much they will pay (leaving the rest for you to pay as a deductible), then they turn around and increase your costs for their services, that they fight tooth and nail not to pay anything.
I argue insurance in and of itself is no ponzi scheme. Working together is the basis of all civilisation. Trying to make a business out of a social service however ... that's rife for abuse, yes.
Depends on how you define a Ponzi scheme. Personally I define it as pay us money in return for a service, then run with the money or come up with ways to deny that service, once again keeping the money or as much as possible by telling businesses how much they can charge for their services.
If I ran my own company, I would be damned if someone is going to dictate my prices to help their bottom line.
IMHO, that is what has caused health care cost to be untenable for someone who cannot afford health insurance or makes like $3 too much to qualify for the likes of Medicaid.
I work in the insurance industry and I 100% agree with this.
The only time it's wise to take out an insurance policy is when
A) It's legally required (though this is sometimes due to lobbying by the insurance companies themselves)
B) When you absolutely will not be able to actually pay for a potential, but necessary expense by yourself (cancer treatments and stuff like that)
So Health Insurance, Auto Insurance (even if your car is cheap and self-insurable, the car you hit may not be), Home-owners insurance and stuff like that are necessary and generally a good financial bet, even if they are crooked af.
Any "micro-insurances" though? All total scams. Travel insurance, phone insurance (or "Extended Warranties"), Apple Care, all that kind of shit is 100% going to cost you more money to have than it'll save you - unless you get really really lucky (or unlucky, depending on how you look at it). You'd be better off spending what you'd pay on those insurance premiums on a hand of blackjack, I'll bet the odds would be slightly more in your favor that way
Ugh my parents both insist on travel insurance. What if you get sick?? Idk, I'll cancel the stuff I can and take the loss on what I can't, for all the travel I've done the amount of times that has happened does not even remotely come close to how much I would have paid each time for travel insurance.
No mom, I'm not going to insure our 2 night stay at the Hilton in (mid sized city). I'm sure it's going to be fine.
Last time I did was for a very very expensive flight across an ocean, just because it was like, 15 dollars on a 2000 flight for a few people. Fine, but everything else we took the risk. (And we did not use it)
Thanks for your input, it helps not make me sound like a conspiracy theorist or anti-biz whack job
Travel insurance is very much required travelling to many countries. Basically the same category as health insurance.
Insuring travel itself is a scam.
That's not a Ponzi scheme. Sorry, but this misuse of the term really grinds my gears.
A Ponzi scheme is a specific scam promoted as an investment, but in reality the payouts made to early victims come from the incoming money paid by new investors.
Might as well be, the patron still gets screwed
Aka social security...
Oh my god, thank you so much! I'm glad I'm not the only one that sees it. They get money, they invest that money in pension funds, and then they try not to pay that back. The only things stopping it from being one legally are some slight changes such as the investment part and the part where they pay back to people in need, not people at the top.
Unfortunately, like all big business, they don’t care about anything but fleecing the little guy
A large portion of art/artifacts are forgeries. Everyone is alright with it because galleries and collectors want to brag about having some unique old art piece and forgers are very good at making pieces that would fool anyone who is just looking at it.
My personal conspiracy theory is that almost all art the public is exposed to is a forgery. Why show the plebs the real thing? We wouldn’t notice a difference anyway.
Maybe whenever you hear those stories about a famous work of art being stolen and later recovered, they've actually just stolen the forgery and the galley just puts up a new fake one.
The robbers then can't sell it because they have a worthless fake and the 'real' one is clearly on display in the gallery, and they can't expose the fraud because then they'd out themselves and go to jail.
The perfect scam!
That's what they do with a lot more paintings that you would think. Not because they don't want the plebs to look at them but because being exposed to the environment would cause irreparable damage to it. So they have experts make recreations and display those.
This isn't really a conspiracy theory is it? I thought it was something they were open about that they often have replicas on display for security/preservation reasons
There was a fantastic interview on The Jordan Harbinger Show podcast with a professional forger. I'd recommend searching for it. I've been meaning to give it a second listen for a few years, but have too much other content.
That you can get rich if you work hard.
Additionally, that it's okay to work yourself until death, because when you die you'll actually live a new eternal life of permanent luxury.
Someone already mentioned religion, yes.
Lotteries. They're just tax for poor people.
I think most people buying a lottery ticket know that it's a loss on average. I think people buy it for the experience and the dreams that it represents. From that perspective, I don't think that it's a scam for most people but rather just buying a slice of fantasy
You quite literally described the scam part though, selling false hope
Toothpaste.
You only need to squeeze out an amount the size of a pea on to the bristles of your toothbrush.
The image of squeezing along the entire length of the brush bristles was concocted by an ad agency, a la Mad Men, to make consumers use their toothpaste faster, hence buy more product.
I've never used that much. I just assumed it was to look nice since a pea sized about would look silly in a picture. I think it I used that much my mouth would be so full of foam it would be uncomfortable
Aquafresh baby!
I swear it's also why they made that newer garbage cap design that slowly leaks toothpaste and gums up unless you carefully clean the end and fully close it every time. I know y'all know what I am talking about!
The garbage flip cap instead of the good old screw on lid
in fairness the directions on the back of the tube still state you should use a pea sized amount. i feel like that's not all that helpful though, peas come in lots of different sizes.
Fools up your game. Tom's toothpaste is so absolutely classy. My gums never felt this good. Better ask jeeves.good ass toothpaste.
The McDonald's Monopoly promotions
Wait, they were scams?
I knew employees fixed a couple, but...
It wasn't McDonald's themselves that were scamming, it's more like the trusted 3rd party they engaged to run the promotion had a bad actor that used his position to fix the game.
I remember getting like 3 tickets for "part 1 out of 2 for a free car" a few months ago when they were doing the monopoly thing. I now realise that the employees probably just took all the part 2 ones for themselves.
They definitely didn't because they count the sleeves that those prize pieces are on.
What really happens is they print 5 million part 1 pieces and like 10 part 2 pieces.
Homeopathy. It's literally based on the idea that diluting stuff turns it into a remedy.
joke's on you, i've been drinking 100000x distilled dinosaur piss and i'm growing stronger by the day
Ah, the Bear Grylls diet.
Wait... Distilled?
Homeopaths: thoroughly confused by cordial.
printer ink, it costs them like 3 cents to make each cartridge and they sell it for so god damn much.
they also go out of their way to have chips in the cartridges and in the printers that make the printer not function if any ink is even running low, doesn't matter if you want to print something in black and white you had better fucking buy more cyan ink
The whole issue here is that people fall for the trick of buying the cheapest printer available, that is clearly way cheaper than what it costs to build. Then people get cranky for having to buy these proprietary cartridges which are way overpriced to cover the cost of the printer.
The easiest solution is to buy a laser printer (unless you need photo finish on your prints). It's a higher initial cost, but it never dries out. Would it cost me more that an ink printer in the long run? Maybe, but with my infrequent printing, i wouldn't have to replace dried out cartridges every year.
Anyone who buys a color laser printer should be aware that the initial cartridges, at least from HP, are not as full as refills, so you will have to replace them fairly soon and it is expensive. That being said, the refills will last a looooong time.
Also, and the main reason why I purchased one, the printer will just work, even if you don't print anything for a couple of weeks, or months even. I went through a couple of inkjets (not the cheapest ones), which would constantly get dried out, a head clogged, etc, before I said "fuck it," and sprung for a laser. My wallet isn't that happy, but it sure is nice not gambling on whether the damn printer will actually print.
y'all need to stop buying printers from HP
y'all need to stop buying ink printers from HP
FTFY
Do yourself a favour and buy a Brother laser printer. You'll thank me later
Did the same some years back. Only black and white laser, but this thing just works!
Hardly “unnoticed” - it’s just a fundamental part of the business model.
I just assumed the manufacturing process required unicorn blood or something.
Cryptocurrency in general. Even on the surface, as presented, the main appeal to buy in is "to get rich from it" and the main way you're supposed to get rich is "other people buying in, get in early while you can."
Ponzi. Schemes. All of them.
It does have a utility though, buying drugs, moving money past capital controls, and creating fake revenue/losses for laundering money and tax evasion.
You forgot the human trafficking potential. Checkmate
The dollar is the favourite currency for that stuff. Cryptocurrencies are meant to take power away from banks and give it to the people. Sure, the vast majority of the people use them for spsculation, but that doesn't make the technology useless. It's just that people are mostly interested in making as much money as they can. That's a society problem, not cryptocurrency's.
The main appeal is the ability to make transactions without intermediaries. The problem is that most people have as the only interest to get richer and richer and there will be always other people happy to sell them that dream.. For a fee. These are the vastmajorituy of the people in cryptocurrencies, but that doesn't disreguard the power and utility of the technology. It's easy to shit on the tool, but the real problem is the greed-driven society we live in.
If people paid rent or bought groceries with crypto currency? Sure. It's not like thousands of people without bank access are using coins.
I disagree that cryptocurrency in itself is a scam. It can have legitimate utility, for example I want to exchange money for international services without a credit card or mailing an envelope of cash/cheque. Bitcoin and some others are mainstream enough that I can do this.
That said, investing in them is absolutely a scam, using it as a marketing buzzhype is a scam, and most of them are founded as scams.
It can have legitimate utility
Sure, sure. But does it and can it actually stay that way?
I haven't seen a functioning example actually out there yet of a planet-burning electricity-wasting math busywork generator that actually does anything it supposedly can do besides become another ruinous and wasteful grift that does more damage to the planet than whatever convenience it supposedly offers to comfort the comforted.
It can have legitimate utility, for example I want to exchange money for international services without a credit card or mailing an envelope of cash/cheque.
It does it infinitely more inefficient, slower and insecure than all other existing alternatives that can do this (and there are a lot of alternatives which doesn't involve blockchain). Which is also why people doesn't use it for this.
It clearly has lower utility than being able to buy drugs legally
Its best use cases are only circumstantial and in every case it wastes a lot of electricity, jacks up the price of video cards, and dumps a lot of extra carbon into the atmosphere. It's like a shitty planet-burning Rube Goldberg machine.
Seconding crypto.
But it's technically not a scam in a pedantic way at the coding level so any scams done with it don't really count and scientific research can totally be done with blockchain and if you ignore the wasted electricity and carbon disaster that cumulatively builds higher and higher with the way blockchain technology actually works because of every individual computer needing to verify proofs with every other computer it is actually not a scam and can do good things and I am sharping the katana of my wit because I can claim that I can not condoning cryptocurrency except I am in a contrarian way
Credit scores are a scam to sell credit cards.
You take small loans each month via a credit card that you have to pay back. This increases an imaginary number that lets you take out bigger loans in the furure.
This is all tracked by private companies that you trust with your personal data. That, or you'll not be able to take out a loan if you want to buy a house or start a business.
If you have a good credit score it means that you don't overspend or forget to pay, which you can also achieve with a regular debit card by default. This doesn't serve people, only the banks who expect that a number of people will overspend or not be able to pay their loans back.
Credit cards alone aren't the problem. Forcing them on people with the credit score system is.
Coming from a civilized country where the credit score is calculated by looking at income, taxes and property, I cannot fathom how the US credit score calculation is supported by anyone.
undefined
o / \ Morals / ‾‾‾‾‾‾‾‾ Money / ‾‾‾‾‾‾
A lot of people actually like it because it really doesn't work the way OP said it did. They are partially correct, but you also get rewarded for perverse incentives. If you double pay your CC, it will actually slightly lower your credit score. If you have a lot of credit cards with no balance, that can also lower your score. The quickest way to buildup credit in the US is to get a card that has a 0% 18 Month introductory interest rate. Pay the minimum balance each month, and save the cash to pay it all off in 17 months. You will accumulate credit like crazy, holding a balance strangely increases your credit (until the balance gets too high or you start missing payments, then it will take a nosedive).
Interest, late fees, holding a balance, a lot of the bad stuff is actually weirdly good for your credit in the US. I mean it makes sense... they want to reward people who are stupid and pay interest, but actually have enough income to keep making payments forever.
When someone from the US remarks about their credit score, it always causes me to raise eyebrows. You can be poor and have a high credit score, it's incredibly common.
One way to make credit scores more consumer friendly would be to make it totally transparent what data is collected, retained and transmitted when calculating the score. If you want to open a new line of credit, instead of having businesses look up all this shit behind your back you'd request a letter of credit and provide it to the business yourself, knowing exactly what is in it.
But no, instead it's a total mystery how it is calculated and you just have to hope that they don't get confused and make a mistake because it can wreck your life if they do.
In many countries, mine included, there's no credit score system. We recently took out a bigger loan to buy a house and what we had to provide was:
That's it. From these they could tell that we are safe to loan money to because we'll most likely be able to pay it back.
I don't see how a credit score system is essential when you can provide them with the necessary data only when it's needed.
You can "game the system" by picking credit cards that offer some kind of cash back incentive, and don't carry balances month to month. For example the chase freedom card does 1% on all purchases and 5% on specific categories that change every quarter. I've had this card for like 9 years, I've never paid any interest because I pay it off monthly , and we make lots of "free" cash back. The key here is don't go get a credit card and buy stuff you can't afford, that should be hammered into youth from the beginning, just buy what you can afford, and if you're disciplined enough you can put all of your purchases on the card and benefit from the card incentives for basically free.
I can’t agree with this more.
Transferring points earned to airlines can also net you some incredible deals on flights as well. I’ve booked several tens of thousands of dollars on business/first class travel over the years at a fraction of the cost. With the addition of free hotel upgrades and car rental upgrades, you can use credit cards to your advantage.
The caveat is that it takes some amount of expendable income to play.
Tax-free charitable organizations
In a society with capitalism at its core, externalities exist. That's a fact that everyone agrees with. Nonprofits help mitigate those gaps. Calling all nonprofits scams is misguided at best. I think OP is looking for something more specific. What nonprofits?
Yes, I'm looking for more specific cases.
There are a lot who have an extremely positive impact. It's a small minority that causes a huge number of issues.
I personally help out with a non profit charity and we get a lot done with not a lot financially. The reduced taxes are a huge help.
There are a lot who have an extremely positive impact. It’s a small minority that causes a huge number of issues.
I would argue it's the other way around frankly
To be fair, there are some good ones out there. I worked for a drug-rehab company in the 90s as the IT head that got mostly government funding for a 6 month-rehab-program for non-violent drug offenders (mostly stuff like heroine, cocaine, etc.). We also had an in-prison program but I don’t think that was as effective. Of course to get government contact money we would have to meet lots of strict guidelines too.
I definitely more wary of ones that don’t get any public funding and therefore have practically no guardrails and less forced transparency.
Mormon church
Trim out the first half of that sentence and you'd have yourself a top comment.
Bernie Madoff should have been caught years before he did.
There's zero chance the SEC wasn't fully aware of what he was doing, just like they're fully aware of what Ken Griffen is doing.
They probably weren't fully aware because they didn't want to be.
What's the logic behind this take? I would think they'd stop him if they knew.
Landlords
Landlords aren't a scam, they're anti-society economic hoarders and gougers. Scam suggests there's something voluntary about 'falling for' it. Human trafficking isn't a scam, and so nor are landlords.
Bitcoin
To be fair, there are much worse projects too that were rugpulled. But I guess these didn't go on long.
Nah not really
Capitalism and the interest based investor economy.
"I own this machine and everything you create with it" is a fundamentally flawed way to run a society.
It's absurd that people still think chiropractic is legitimate.
i know a girl who takes her literal newborns to her chiropractor
completely fucking horrifying and it's impossible to convince her that doing so is like playing catch with your baby as the ball
i am pretty sure kids die every year because of that shit
I get it to some extent cause it feels good when I crack my back
That's just simple streaching of the muscles. Chiropractic treatments put pressure on the spine to change the alignment of it.
I don't know what they did to me but I actually got lot of relief from them when I hurt my back deadlifting.
Restaurants being rated with “Michelin stars” was created as a ploy to encourage people to buy cars and drive more to go on road trips to these restaurants so they’d wear through more tires and have to buy more
*Edited because I was a bit off base
That sounds like it could be plausible or could be a great story. Do you have a source?
Not quite middle class people, but otherwise correct:
In 1900, there were fewer than 3,000 cars on the roads of France. To increase the demand for cars and, accordingly, car tyres, car tyre manufacturers and brothers Édouard and André Michelin published a guide for French motorists, the Michelin Guide.
Just because that is the origin, doesn't mean it was a scam then or now.
Old Egypt was full of pyramid schemes way back then
The current economic order
Oof ow my democratic centralism
Luxury handbags that cost $60k. Not just a handbag, but to diversify your investment and launder money.
Capitalism
Let's lump organized religion in with this one.
It's not called the opium of the masses for nothing.
Interest and Rent.
Passiv income in general ,as it obviously constituts itself from other Peoples Active Income , its per definition a scam...
*"Because you once where in need and i lended you some coin , you now have to pay me back a expotentially rising amount of Coin ! its rate of rising is not messured on your harvest or the amount of offspring of your Herd but on Time going forward ! Because it surely will ! , If you Cant you will fall in Debt-Slavery to me. I am a Risktaker . you take the Risk . I Take . Always ." *
they sold you for absolute Fools , Folks !
(PS: Muslims not included)
I mean, this is really the source of all anti-semitism. Jews are (generally) forbidden from usury with other Jews but not non-Jews. This evolves into “Jews run the banks” and then “Jews run the world”.
For that matter “religion” matches the OPs question.
It's a source. It's certainly not the 'one true source of all'. Quite a lot is just plain old unqualified nationalism and xenophobia too.
no the religion is actually the instrument to limit & forbid the Usury , Time is Gods realm thereby enslaving Time is Satans work (check out "the Pillars of Islam" ) Jesus wanted to also fight the Landholder & Creditor Classes and agitatoed for the Debt Cancelation (the Tabula Rasa , the Clean Slate , the Debt Jubilee ) , like they where demanded by the Scripture , the Creditor and Landholderclasses thereby had their Powerbase threatend by this Social Revolutionary & killed him. But his Message of "Debt Cancelation" they could not put back into the Box , thereby they twisted it.. Concret Debt became "Sin" and Jesus then suddenly "Died for our Sins" , removing christianity from its social revolutionary BASE function and putting all it into the Afterlife (Superstrutuctre)
. Not the Jews Killed Jesus , the "Landholder and Creditor Classes killed jesus" , thats why "class awareness" is soooo fucking key , if one does not have Class awareness , he will instead use "Peoplegroups" (Jews , Russians , Angloids) in his Mental Framing , bringing hate upon them (antisemitism good example) instead of the Parasitic Classes.. The "Landholder Classes " killed him , then castrated his message until the Religion became a instrument in service of their power....
Religion does thereby not match accutly the Definition of Scam , Islam protects specificly from this Scam , but the Landholder Christianity ,you know of , really is a scam. Obviously Religion will always serve the status quo Powerstructures ... but there are diffrences ..
Here is an alternative Piped link(s): https://piped.video/watch?v=M4DkZ3CWFOk
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source, check me out at GitHub.
ESG and carbon offsets as an effective way of combating climate change
Surprising that no one noticed the double prime symbol for inches instead of the single prime symbol for feet. The scammer was like "well, I didn't lie, you weren't careful enough and it's not my problem!".
Wouldn't they have noticed that there were only 3 stories of windows on the blueprint?
There's a Tom Scott video on this, the truth behind it seems murky.
Wow. I hadn't heard of this. What a clever (and shifty) scam.
That 90% of the people who don't watch sports on Cable TV subsidize it to the tune of 10% of their bill for the 10% of people who watch it
Theranos ‘company’.
Oh yes, I've heard about this. Thanks for reminding.
Adding more details for others:
Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014. The company claimed that it had devised blood tests that required very small amounts of blood and that could be performed rapidly and accurately, all using compact automated devices which the company had developed. These claims were later proven to be false.
I'm going to go with the great wine fraud
Took a glimpse at the article and it seems they could've gone uncaught for longer if they were a little more careful with the dates!
That was a fun read. Thanks for posting.
There's a documentary about this guy. I think I watched it on Netflix.
capitalism
ITT: Things people personally think are scammy, but not actual legally-defined scams.
When a scam is good enough it gets put into law.
It's how cults become religions.
Also people completely omitting the “unnoticed” aspect.
Chiropractic medicine
Windows
The OS? Yes for sure. The glass stuff? Not too sure about that.
Why would you want windows when you can live in a basement with no sunlight?
ITT: “something I don’t like” —> “scam”
Capitalism
more like Crapitalism
HR departments in corporate jobs.
I’m not sure you know what the word “scam” means.
You don't want to deal with the shit HR handles for you.
I'm sure there are plenty of bad, bureaucratic messes, but 3/4 of the HR departments I the last 10 years have been quite helpful.
The outlier was just not very communicative, but otherwise good.
Maybe it's the industry. I work in clinical so we're used to documenting the fuck out of everything. HR mandated documentation is just another step to cover all of our asses.
My experience with them is basically them trying to convince people to stay at the job when the job is overworking people underpaying people etc. Staying never payed off. More of a dead end job scenerio
When some talking head talks about why
Lottery's the expected value is always lower than the prize of a ticket. And even if you win it is on the back of other poor desparete people who lost. An then there is the fact winning often leads to a lot of other problems.
My sister used to call the lottery a tax on stupid people.
It's more accurate to call it a tax on desperation I think.
Lottery’s the expected value is always lower than the prize of a ticket.
I mean, of course it is? Zero-effort sources of income kind of have to have a net negative expected value. Or else nobody would have any reason to do anything.
Now you could definitely argue that the low-odds of winning aren’t made entirely clear to the customers, but I know a lot of people pay their $2 a week just for the high of fantasizing about what it would be like to win.
Neither are scams but the UK is fond of permanently doing temporary things. Income tax in the UK was first imposed as a temporary measure to fund the Napoleonic Wars but after Waterloo it was never repealed since it brought in so much. Same sort of deal for the 70 mph national speed limit, it was a temporary measure in the 1960s apparently in response to someone caning it down the motorway in an AC Cobra and as we know, there’s nothing more permanent than a temporary solution.
Same thing with the removal of the gold standard. Nixon was supposed to do it temporarily but since it gave ths US the license to print money backed by nothing, why would they bring it back (they could never pay off the gold needed, there's just not enough of it mined in total). And because the US dollar is the world reserve currentcy (meaning every currency can be exchanged for a dollar) and the moment you add in the fact that banks can create money out of thin air by being able to, for example take a deposit of 100, give a loan to someone else for 80, and then there's technically 180 in circulation, however if the depositor decides to take the money back while there are no more money in the bank, the bank needs to be bailed out by the Federal Reserve, Bank of England or whatever the national bank is in this example land.
Pretty sure that's what happens nearly everywhere not specifically the UK.
Enron, perhaps. I think it qualifies.
A good documentary: https://en.wikipedia.org/wiki/Enron:_The_Smartest_Guys_in_the_Room
Battle Passes
But in history it took forever for people in Holland to realize that Tulips are not worth entire plots of land
Phoebus Cartel, essentially the few oligopolistic light bulb companies got together and colluded and intentionally reduced the lifespan of light bulbs.
1950 to present antipsychotics whose severe side effects are written off as crazy talk.
I have taken an antipsychotic for insomnia at different times. Can you elaborate on what you're saying? It isn't clear to me. Severe side effects, however, have been extremely clear at different times. Are you saying those are downplayed to the point of gaslighting?
Care to elaborate?
Today lack of insight or "anosognosia" was protested in massachusetts https://www.madinamerica.com/2023/08/fighting-outpatient-commitment-in-massachusetts/ September last year I was told by pro-perjury republican suffolk, new york judge I was not fit to decide. Whether to be assaulted with risperdal, haldol causing Nystagmus eye spasms blatantly against the Quran which northwell banned twice. Alaska Supreme Court acknowledges least restrictive (Olmstead) treatment must be tried first.
I never hallucinated nor self harmed and haven't defended my exes and dog for 3 years during no probable cause, sans investigation false arrests. For peacefully protesting the "delusion" I was invited 5 years ago twice on 90 Day Fiance by a Doomsday Preppers producer. Free charity 125 page lithography Google and 100 page quack Law books don't make me qualified, but a doctor silently passing by the hallway counts as an evaluation www.dropbox.com/sh/p4hbeqa7e74j4lk/AAAl2RN_pmlCDoeg9MXHVe4Ca?dl=0
thorazine, the first antipsychotic, was injected "in emergencies" of talking about fish, crickets, Jesus into an alabama senior citizen who felt safer in the worst state. nassau university medical center pharmacist said she was at the maximum dose but co-workers demanded increase. chemical restraint is illegal everywhere, these are not meant for falling asleep which "pacing" or benadryl, Ativan can help.
neuroleptic malignancy syndrome resulted in May 24, 2020 death perhaps a heart attack, multiple women there stopping menstruation, diabetes, sometimes did not cure the few who hallucinated; kidney, liver damage. Politely asking for FDA label printout and discussing experiences with peers gets your freedom of association revoked in contradiction of state patients' Bill of Rights. $25 billion/year False Claims Act defrauded from 25 million Americans.
The side effects have been well known for a long time. I can see pharma companies downplaying them, but in modern times the risks are well understood. Do you have an example?
Neoliberalism!
The second is financialization.
Both are huge scams still running.
The Bernie Madoff investment scandal. Started in the 1970’s and continued into the 2000’s. It eventually dissolved in 2008 during the financial crisis. There’s a really great documentary on Netflix about it.
Are we allowed to mention capitalism and brexit?
Fósil fuels
Religions
What did they ever do to you?
tried to fucking brainwash and indoctrinate countless people straight from birth. Generally be incredibly two faced, ignore so many of their own teachings.
did you really create an account only to defend religion as a concept? and not see the irony of the situation
Banks.
elaborate
look friend, they had to make laws outlawing bank runs. You know what that means? They don't have all your money. And not only that, but the state is willing to use violence on you if you threaten their right to not have all your money. This sounds cut and dry.
They can't.
Unless they're referring to scummy mega-banks that exist by fucking over the little guy with random fees, hard to close accounts, and other scummy practices like Wells Fargo, BofA, etc.
But banks as an institution? No.
You're a central bank, you manage the economy giving out dollars.
Do you lend to people directly or do you think, "no, we should guarantee private individuals tremendous power and profit so that the financial system can collapse due to their mismanagement every couple decades"
Through the magic of fractional reserve lending, banks are able to loan you money that doesn't exist.
Microtransactions