Posted on 11/10/2013 10:49:40 AM PST by GrandJediMasterYoda
1 born every minute: Study says Americans can't spot scams
A study by an investment regulatory group finds that a large percentage of Americans can't spot even obvious attempts at separating them from their money.
By Mitch Lipka
Hey consumers and investors, it's time to get your game on. The FINRA Investor Education Foundation made some disturbing findings about your ability to figure out when someone is trying to rip you off. First, let's be clear. People are trying to rip you off. More than 80% of those surveyed said they had received solicitations to buy into a potential scam. Given how many shady emails pepper our email in-boxes that shouldn't come as too much of a surprise.
But, the survey also found that more than four in 10 Americans can't spot what should be obvious warning signs that someone is trying to rip them off. When presented with the idea that they could get "guaranteed" returns on an investment or promises of returns in excess of 100% a year, that group gave its thumbs-up.
(Excerpt) Read more at money.msn.com ...
That is why I fought so hard during the Romney run that we have to trust Romney then give the con man of the century King Obama another term. Damn, how stupid some Americans were not to at least give Romney a chance. And it looks like the Republicans are starting down the same "Romney" track again.
I can’t find the thread, but a few days ago someone posted a thread on Freep of a classmate who went to school with Obama and said he was one the biggest scam artists going.
OH! Here it is! Read this:
http://www.freerepublic.com/focus/f-bloggers/3088932/posts
Scam whatever. Soon as this Nigerian dignitary gets my $1000 and sends me half of his fathers fortune I’m gonna retire and go live in the mountains forever with my stash of Noni juice.
Ah yes, 47%
The biggest running righ now is the ACA better known as ObamaCare.
yeah, well, they voted for the Clown. twice.
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