[ForSale-Swap] Paypal

[Carl]

I agree about deposits Bob but that is just a tiny extension of what 
your bank already offers.

OTOH PayPal can remove any funds they wish from your account without 
even notifying you until after the fact. Unlike a legitimate card 
company PP can use any reason they want and do it at any time they 
please.

I make it a point to transfer funds in a PayPal only account daily into 
another account that has no linkage. Without going into details I have 
several bank accounts that I can toggle between if a scammer files a PP 
claim. With no funds available PP cant access them and is forced to 
negotiate on my terms. Any new funds go into another account and any 
compromised account is closed and another opened. Ebay listings are 
moved to another ID or three.

Its a nasty world out there and nothing is nastier than Ebay and PayPal.

Carl


----- Original Message ----- 
From: <Radioman390 at cs.com>
To: <W9RAN at oneradio.net>; "Carl" <km1h at jeremy.mv.com>
Cc: "Kim Herron" <kim.herron at sbcglobal.net>; ""'For sale/trade'"" 
<forsale-swap at mailman.qth.net>
Sent: Tuesday, December 09, 2008 11:25 AM
Subject: Re: [ForSale-Swap] Paypal


> Oh boy! If they become a bank, we taxpayers can bail them out! Those 
> baseball cards will become collateral for the FDIC.
>
> Actually our country's citizens have tremendous assets, like baseball 
> cards, collector comics, porcelain figurines, and restored collectors 
> cars. And most importantly, boatanchor radios.
>
> Hell, we're not broke, just illiquid
>
> BTW, the credit card they offer (not the debit card), isn't that 
> theirs, or is it a branded card from Chase?
>
> Also EBay is offering deferred payments. Is that through PayPal?
>
>>Carl wrote:
>>> PayPal is not a bank and not regulated as such which allows them to
>>> play free with your money and with absolutely no recourse.
>>>
>>>
>>Partially true, Carl - it depends where you live.
>>
>
>>One has to think they've got the same thing in mind elsewhere. Once
>>they are a bank, they'll be able to provide loans, which may not be a
>>real attractive business to get into just now...
>>
>>73, Bob W9RAN
>>______________________________________________________________
>>ForSale-Swap mailing list
>> FAQ: http://mailman.qth.net/swap/swap.htm
>>Home: http://mailman.qth.net/mailman/listinfo/forsale-swap
>>Help: http://mailman.qth.net/subscribers.htm
>>Post: mailto:ForSale-Swap at mailman.qth.net
>>
>