[TheForge] reversal of fortunes in a blink of an eye

[Grover.Richardson at gtri.gatech.edu]

All of the cards that I receive I must call from my home phone to activate.  They would have to intercept my phone line somewhere to activate them.  Stealing them out of the mail box wouldn't do much good, unless there is someone willing to take the risk of not checking before charging.  Small time vendors will sometimes do that, because it costs extra for the immediate service.  I don't consider that likely for the things that are normally purchased on a stolen card.  

The additional problem in money today, is that the card companies make the rules, and know them well.  Used to be that you knew the bank person that you worked with, and they at least had your account's interest in their best interest as well.  With the "faceless" tellers that we have today, the friendly middle man/woman has been pared out of the equation.  One less person to hire, train, vacate, sick time, pension.  This ensures that more of the employees are looking out for the best interest of the "bank," instead of the best interests of the bank and customers.

 

Make sense?

-----Original Message-----
From: theforge-bounces at mailman.qth.net [mailto:theforge-bounces at mailman.qth.net] On Behalf Of Peter Fels & Phoebe Palmer
Sent: Friday, May 29, 2009 4:56 PM
To: Blacksmithing List Sponsored by ABANA
Subject: Re: [TheForge] reversal of fortunes in a blink of an eye

Then "stolen' out of the mailbox?

Grover.Richardson at gtri.gatech.edu wrote:
> Against the rules<G>.  Daddy always said that there's them that make the rules (like congress who has their own social security and health system) and them that obeys the rules (us).  When ever has it been known that a card user got to make the rules<G>.
> 
> Back on task, if the identity is stolen and they have bogus cards in your name, you never had the cards in your posession for them to be stolen.
> 
> Again, it's easier (and cheaper) for the banks to allow (by not persueing [sp] aggressively) the miscreants.  The fix costs more to then than the problems.  They won't say that, except in the board rooms after everyone has been checked for bugs<G>.
> 
> All the Best