Lehman Brothers Financialized My Tax Refund!

I come home from work and find yet another credit card in the mail. “You are pre-approved to go even deeper into debt! We’re so sure that you won’t ask questions about our low introductory rates that we included your new card in this easily stolen mailing!”

I don’t even open it. I can tell what it is just from holding it, not to mention the bank’s return address… not a bank I use… so I just turn to the paper shredder, a model I chose specifically because it can shred cards as easily as fingers, and…

Wait.

Why does THIS credit card offer have “tax refund” stamped on it?

Uh-oh.

As you probably don’t know but could guess if asked, the California state legislature has passed over ONE THOUSAND new laws over the 2022 legislative session. I legitimately no longer know if I’m committing a crime because 1. no human alive is even able to remember that many laws, 2. they’re being passed at such a high rate that merely reading them would be a part-time job and 3. stuff that used to be illegal, such as mescaline and murder, are now the hottest new trends, not to mention conditionally illegal.

As I opened & read the junk mailing, I discovered that one of those new laws is the “Better For Families Act”. In order to compensate for high inflation, the California government is giving away free money to everybody. Sigh. Even an economic numbskull like see can see the derp in that.

But no, they didn’t give that free money to everybody. They gave that free money to A PRIVATE, OUT-OF-STATE BANK on behalf of “everybody”. Such as me.

What this bank in New York City sent me is my “California Middle Class Tax Refund Card”. You read that right. Commiefornia legislature passed a one-time payout, called it a tax refund for whatever reason, then gave the peoples’ refunds to third parties.

If I want “my” money then I can open a new account with this New York Community Whatever Bank. After a certain amount of time, they’re allowed to confiscate the money if I don’t spend it. Or charge interest if I overspend it… it’s a Visa card!

I read the fine print and there’s a clause admitting I can also call their customer service number and request a paper check. Methinks that the number of Californians insane enough to read the fine print, and/or ask questions about odd and unexpected mailings that resemble junk mail, are pretty damn low.

Even the literacy of Californians is pretty damn low. Especially the new ones.

Even worse: this so-called refund IS EXEMPT FROM GARNISHMENT ORDERS. That would be a godsend if the money was sent directly to the men burdened with chilamony payments, but because it’s being sent to a private bank in their names instead, this exemption means it’s the banksters who don’t have to honor those child $upport payments.

They know the evil they do, and they revel in it, and they exempt themselves from it.

Either those banksters get new customers or they get free, tax-exempt money. Not counting the individuals who read the fine print, and we’re an extreme minority. I don’t call the governor Newscum for nothing; this is a brand-new way to monetize the government ledger. The kickbacks that he and his peers will get out of this scam will be enormous.

Let’s see who’s behind this scam… Money Network Financial LLC, a wholly-owned subsidiary of Fiserv, Inc… Fiserv operates the STAR network…

h ttps://en.wikipedia.org/wiki/Frank_Bisignano

Frank J. Bisignano (born August 9, 1959) is an American businessman and the President and CEO of Fiserv. He previously served as the CEO of First Data Corporation and the COO of JPMorgan Chase.

What a small world it is at the top.

Starting in 1994, he held a number of executive positions at Citigroup, with American Banker writing that “he got his payments industry bona fides at Citi by running its massive global transaction services unit.” In 2004 the publication Treasury and Risk named him one of the “100 most influential people in finance.”

Hired as CAO of JPMorgan Chase in 2005, CEO Jamie Dimon “trusted him with integrating the bank’s purchases of a foundering Bear Stearns Cos. and bankrupt Washington Mutual Inc. during the crisis.” Bisignano was also a primary negotiator in JPMorgan’s acquisition of the Canary Wharf property in London, and CEO for several of JPMorgan’s mortgage banking divisions. In 2012 he was promoted to co-COO, and the Financial Times called him “one of [JPMorgan]s most influential, yet least visible, executives.”

One of the powers behind the financial throne, then. He’s one of the major merger experts that have built the Global American Empire into its current form of a Usury-Industrial Complex.

In December of 2022 Bisignano singed a new contract with Fiserv to serve as president and CEO until 2027.

And one of the first results of that contract is California using Fiserv to launder money out of the state ledger in the names of its people. Literally. Although it was probably his predecessor, Jeffrey Yabuki, who went on to yet another financialist merger/acquisition holdings corporation called Motive, who arranged this particular money laundering deal with the Pelosi Cartel.

Based in New York City, Bisignano started his career as VP of both Shearson Lehman Brothers and First Fidelity Bank.

Wait, what? LEHMAN BROTHERS?! Those guys aren’t all in prison?

h ttps://en.wikipedia.org/wiki/Shearson#Shearson_Lehman_Brothers

In 1984, American Express acquired the investment banking and trading firm, Lehman Brothers Kuhn Loeb, and added it to the Shearson family, creating Shearson Lehman/American Express.

When Harvey Golub became CEO of American Express in 1993, he negotiated the sale of Shearson’s retail brokerage and asset management business to Primerica. Primerica’s Sanford I. Weill had been the architect of what had become Shearson/American Express in the 1960s and 1970s building up his small firm Cogan, Berlind, Weill & Levitt into one of the largest brokerage firms in the US. The Shearson business was merged with Primerica’s Smith Barney to create Smith Barney Shearson. Ultimately, the Shearson name was dropped in 1994.

Golub was one of Sanford Weill’s proteges. Weill, a son of ((Polish immigrants)), started at Bear Stearns but instead of managing any accounts, he decided to sit at a desk and become a billionaire with his friends instead.

And it worked. Just like that. Stop asking questions!

In 1994, American Express spun off of the remaining investment banking and institutional businesses as Lehman Brothers. In 2008, the bankruptcy of Lehman Brothers ended that firm.

And in spectacular fashion, too. Let me quote from previous:  Starting in 1994, [Bisignano] held a number of executive positions at Citigroup. The guy’s department got spun off and the poor fellow ended up a multiple-position executive at Citigroup instead of following his company into the dumpster fire.

Whatever. These banksters are all the same and now, they’re financializing even the ledgers of… a state government run by a certain crime family that recently wore diapers to a hammer fight.

More like the California “Better For Banksters Act”. Oh wait, that’s right! Nancy Pelosi isn’t going to be a Congressman much longer! That means she can’t do her own money laundering anymore! There’s going to be many new “financial service providers” in California soon.

4 thoughts on “Lehman Brothers Financialized My Tax Refund!”

  1. “LEHMAN BROTHERS?! Those guys aren’t all in prison?”

    AFAIK, not any of them are in prison. And it only cost them a mansion on Martha’s Vineyard, given to a former president who is so worried about AGW and rising sea levels that he wants to live almost 100 yards away from the ocean.

  2. Repealing Glass-Steagall was done for a reason.
    Did you get one of those BlackRock we want to buy your property letters yet?
    It sounds very personal and meant for those in cognitive decline or those who vote for a living.
    Credit card applications and those MBNA letters with the faux check inside always go into the circular file cabinet.

    1. Credit card applications and those MBNA letters with the faux check inside always go into the circular file cabinet.

      Better that they go into a shredder. “Dumpster divers” are a proliferous (and dangerous) species.

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