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ATM Receipt With $1 Million Balance Shows Tale Of 2 Cities In New York
http://www.businessinsider.com/atm-receipt-1-million-cash-balance-2013-4#ixzz2RHpIz4L0 ^ | April 23, 203 | Jim Edwards

Posted on 04/29/2013 10:26:31 AM PDT by rightwingintelligentsia

OK, so a lot of rich people live in New York.

We know that.

It's not news.

But it hits home in a non-abstract way when, if you're not one of the very rich, it's rubbed in your face at your local bank.

These two ATM receipts were discovered at a local Chase bank by my old colleague Tony Case, the special reports editor at Adweek. He gave me permission to publish his photo of them. They show that someone recently withdrew $300 in cash on a balance of $1 million, just after someone else tried to withdraw $100 on an account that had insufficient funds.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events; US: New York
KEYWORDS: banking; receipts; sourcetitlenoturl
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1 posted on 04/29/2013 10:26:31 AM PDT by rightwingintelligentsia
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To: rightwingintelligentsia

The millionaire has no credit.


2 posted on 04/29/2013 10:29:43 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: rightwingintelligentsia

The media and the left want the person with the $1Million balance to feel guilty.


3 posted on 04/29/2013 10:29:57 AM PDT by mnehring
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To: rightwingintelligentsia

4 posted on 04/29/2013 10:30:13 AM PDT by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: rightwingintelligentsia

Let’s see.....how much money would you need in a SAVINGS ACCOUNT to take care of your retirement? The real message from this story is that the Democrats will louse everything up.


5 posted on 04/29/2013 10:32:22 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: rightwingintelligentsia

Chase. Typical, have a million on account, can’t get $300 on credit.


6 posted on 04/29/2013 10:32:36 AM PDT by null and void (Republicans create the tools of oppression and Democrats use them. Gun confiscation enables tyranny.)
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To: rightwingintelligentsia

What is the point that the author is trying to make? One person has money, and another does not. So what. Is he suggesting that we should spread the wealth, as Obama advocates?


7 posted on 04/29/2013 10:32:43 AM PDT by Cowboy Bob (Democrats: Robbing Peter to buy Paul's vote.)
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To: mnehring

Just another piece of the media’s ongoing (and sadly, to this point successful) campaign to get Americans to hate the rich.


8 posted on 04/29/2013 10:33:15 AM PDT by Buckeye McFrog
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To: mnehring

Was just about to say the same thing. Otherwise wow there are rich people and poor people. Good thing we have journalists that can find this out for us idiots.


9 posted on 04/29/2013 10:33:29 AM PDT by culpeper (I have sworn upon the altar of God eternal hostility against every form of tyranny... TJ)
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To: 2ndDivisionVet

That’s a great post!


10 posted on 04/29/2013 10:33:40 AM PDT by Lancey Howard
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To: 2ndDivisionVet

Let them eat cockroaches - Queen Moochele


11 posted on 04/29/2013 10:33:56 AM PDT by trubolotta
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To: rightwingintelligentsia

I suspect the one on the right is fake. Different format, no last 4 of the account # for example.


12 posted on 04/29/2013 10:34:06 AM PDT by null and void (Republicans create the tools of oppression and Democrats use them. Gun confiscation enables tyranny.)
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To: Cowboy Bob

I think so.

This “story” is making the rounds of the liberal blogs as an example of income inequality. (Oh, the horror! Some people have more money than others!!)


13 posted on 04/29/2013 10:34:13 AM PDT by rightwingintelligentsia (Truth/Lies; Liberty/Tyranny--WHAT DIFFERENCE DOES IT MAKE??)
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To: blueunicorn6
We don't know why one client is a millionaire while the other is broke. The pair may deserve their fates. Or not. But we do know that extreme, fixed, inequality is a recipe for disaster in a society that claims to be democratic and socially fluid. We'll leave it to you to debate the merits. Here's the evidence. The pauper and the millionaire at the same ATM:

Not that I needed any but here's proof that Business Insider is nothing more than thinly veiled communist propaganda.

14 posted on 04/29/2013 10:34:56 AM PDT by pgkdan (Some taglines never go away....)
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To: blueunicorn6

What is shocking to me is that the guy with the $1 million dollar balance paid a $1.99 ATM fee.


15 posted on 04/29/2013 10:36:24 AM PDT by Truth is a Weapon (Truth, it hurts so good.)
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To: 2ndDivisionVet

That’s a light snack for her... :)


16 posted on 04/29/2013 10:36:42 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: rightwingintelligentsia

Assuming it isn’t a photoshop fake, who would keep that much money in a mostly uninsured account and risk being kidnapped for their ATM card?


17 posted on 04/29/2013 10:37:21 AM PDT by fso301
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To: null and void
Chase. Typical, have a million on account, can’t get $300 on credit.

And have to pay a $1.99 transaction fee to boot!

18 posted on 04/29/2013 10:37:24 AM PDT by lonevoice (Today I broke my personal record for most consecutive days lived)
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To: 2ndDivisionVet

So what was the bank supposed to do give the NSF dude $55.00
out of the Million dollar account!
The have nots will whine forever. Obama has placed this in out society!
HAs there been any mention of sparking business or new jobs in any way in the last 30 days!
No the man just cries about guns!
America will not want to work again after figureing out they do not need to work with the Dole in place!
Americans no longer have aspirations of being wealthy just live day to day!
Obummer has brought the food lines of old Russia to America!
But in a different mannor! just figure out the difference betweeen min wage job and welfare it’s a wash and you don’t have to work!


19 posted on 04/29/2013 10:39:04 AM PDT by Conserev1 ("Still Clinging to my Bible and my Weapon")
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To: rightwingintelligentsia
OMG! HURRY UP, LET'S STEAL THE MONEY OF THE MILLIONAIRE AT FEDERAL GUNPOINT AND GIVE IT TO THE POOR GUY!!!1!! < /Liberal>
20 posted on 04/29/2013 10:39:22 AM PDT by Lazamataz ("AP" clearly stands for American Pravda. Our news media has become completely and proudly Soviet.)
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