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#accounts — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #accounts, aggregated by home.social.

  1. As a child, Mathew Desmond experienced poverty firsthand.

    He saw his family home repossessed and endured the stresses and humiliations of his family’s lack of means.

    It raised the question that he would go on to dedicate his professional life to answering:

    ❓Why is there such stark #inequality in America?❓

    The hard truth, he said, is that
    💥so many of us benefit from it.💥

    Desmond shared a litany of statistics illustrating the growing burden of poverty and inequality in the United States:

    • 1 in 3 families live in a household that has an income of $55,000 a year or less.
    • 38 million people are below the federal poverty level of $30,000 for a family of four.
    • Evictions have increased by 22% since the turn of the century.
    • The number of public-school kids who are unhoused has increased by 74% since the turn of century.
    • The amount of inflation-adjusted, non-mortgage debt has increased by more than 200% -- and the number of families reporting no income apart from food stamps has quadrupled since the 2008 recession.
    • Since 1985, rent increases have outpaced wage growth by 325%.
    • Each year, people are charged $11 billion in overdraft fees and $10 billion in payday loan fees.

    “So, here's one reason there's so much poverty in America today:

    because the poor are #exploited,”
    said Desmond, author of the Pulitzer Prize-winning book "Evicted" and his more recent work "Poverty, by America".

    “I think it's a word we should use more.”

    👉The exploitation is perpetuated, not only by the corporations, financial institutions, and landlords who withhold fair wages, charge exorbitant fees, and profit off those in poverty,
    👉but also by affluent Americans who benefit from the exploitation, he said.

    Desmond quoted an analogy from novelist Tommy Orange,

    “Kids are jumping out the windows of burning buildings, falling to their deaths. And we think the problem is that they’re jumping.”

    🔥The American approach to poverty has often been to focus on those who are poor and what they can do to uplift themselves -- rather than changing the systems that keep them poor.

    This can be uncomfortable for those whose #property #values are protected by ⚠️segregation of affordable housing,
    those who have invested in the #stock #market and make money when ⚠️exploitative corporations net profits,
    and those with #free #checking #accounts that are ⚠️subsidized by the poor who pay fees for their lack of capital, he explained.

    The affluent also benefit from government subsidies more than the poor, he said.

    According to Desmond, the #wealthiest families in the United States receive an average of about 🔷$35,000 annually in tax benefits, while the #poorest get an average of ♦️$25,000 in subsidies.

    These are realized in #mortgage #incentives, special #investment #accounts, like #529 accounts that help pay for college, and other #tax #breaks for the wealthy.

    Many affluent families further contribute to poverty by building communities that exclude and marginalize the poor
    — pushing them out of their neighborhoods using #zoning ordinances, Desmond said

    aamc.org/news/we-can-solve-pov

  2. Montana GOP Senate candidate says he lied to ranger about gunshot wound in 2015

    #Tim #Sheehy, a former Navy SEAL who is the #Republican candidate in a U.S. Senate race in #Montana that could determine control of the chamber,
    has cited a gunshot wound that he said left a bullet in his right arm as evidence of his toughness.
    
“I got thick skin — though it’s not thick enough. I have a bullet stuck in this arm still from Afghanistan,” Sheehy said in a video of a December campaign event posted on social media, pointing to his right forearm.
    
It was one of several #inconsistent #accounts Sheehy has shared about being shot while deployed.

    And in October 2015, more than a year after he left active duty, he told a different story.

    After a family visit to Montana’s Glacier National Park, he told a National Park Service ranger that he accidentally #shot #himself in the right arm that day when his Colt .45 revolver fell and discharged while he was loading his vehicle in the park.

    The self-inflicted gunshot left a bullet lodged in Sheehy’s right forearm, according to the written description accompanying the federal citation that the ranger, a federal law enforcement officer, gave Sheehy for illegally discharging his weapon in a national park.

    The citation said the description was based on Sheehy’s telling of events.


    Asked this week about the citation, which has not been previously reported, Sheehy told The Washington Post that the statement he gave the ranger was a lie

    washingtonpost.com/politics/20

  3. Dear fellow #Americans,

    As you may or may not be aware, we at the National Security Agency are currently engaged in a never-ending cyber war against various malicious #hackers, nation-states, and other #nefarious entities. But don't worry, we've got it all under control.

    In the meantime, please make sure to use strong, unique #passwords for all of your online #accounts (because, let's be real, you're the only thing standing between us and total #cyber annihilation). And while you're at it, go ahead and update your #security software too (because nothing says "I love America" like shelling out more money to some #BigTech company).

    In conclusion, we've got this whole cyber war thing on lock, so just sit back, relax, and continue living your online lives as if everything is totally normal.

    Sincerely,
    The all-knowing, all-powerful National Security Agency

    #CyberSecurity #OnlineSafety #CyberThreats #DefendOurNation #StrongPasswords #ProtectYourselfOnline #TrustTheGovernment
  4. Dear fellow #Americans,

    As you may or may not be aware, we at the National Security Agency are currently engaged in a never-ending cyber war against various malicious #hackers, nation-states, and other #nefarious entities. But don't worry, we've got it all under control.

    In the meantime, please make sure to use strong, unique #passwords for all of your online #accounts (because, let's be real, you're the only thing standing between us and total #cyber annihilation). And while you're at it, go ahead and update your #security software too (because nothing says "I love America" like shelling out more money to some #BigTech company).

    In conclusion, we've got this whole cyber war thing on lock, so just sit back, relax, and continue living your online lives as if everything is totally normal.

    Sincerely,
    The all-knowing, all-powerful National Security Agency

    #CyberSecurity #OnlineSafety #CyberThreats #DefendOurNation #StrongPasswords #ProtectYourselfOnline #TrustTheGovernment
  5. Dear fellow #Americans,

    As you may or may not be aware, we at the National Security Agency are currently engaged in a never-ending cyber war against various malicious #hackers, nation-states, and other #nefarious entities. But don't worry, we've got it all under control.

    In the meantime, please make sure to use strong, unique #passwords for all of your online #accounts (because, let's be real, you're the only thing standing between us and total #cyber annihilation). And while you're at it, go ahead and update your #security software too (because nothing says "I love America" like shelling out more money to some #BigTech company).

    In conclusion, we've got this whole cyber war thing on lock, so just sit back, relax, and continue living your online lives as if everything is totally normal.

    Sincerely,
    The all-knowing, all-powerful National Security Agency

    #CyberSecurity #OnlineSafety #CyberThreats #DefendOurNation #StrongPasswords #ProtectYourselfOnline #TrustTheGovernment
  6. Dear fellow #Americans,

    As you may or may not be aware, we at the National Security Agency are currently engaged in a never-ending cyber war against various malicious #hackers, nation-states, and other #nefarious entities. But don't worry, we've got it all under control.

    In the meantime, please make sure to use strong, unique #passwords for all of your online #accounts (because, let's be real, you're the only thing standing between us and total #cyber annihilation). And while you're at it, go ahead and update your #security software too (because nothing says "I love America" like shelling out more money to some #BigTech company).

    In conclusion, we've got this whole cyber war thing on lock, so just sit back, relax, and continue living your online lives as if everything is totally normal.

    Sincerely,
    The all-knowing, all-powerful National Security Agency

    #CyberSecurity #OnlineSafety #CyberThreats #DefendOurNation #StrongPasswords #ProtectYourselfOnline #TrustTheGovernment