Posted on 02/24/2021 11:16:34 AM PST by spacejunkie2001
The FED Is Down…All Money Transfers Halted February 24, 2021 CLICK HERE TO READ THE FULL ARTICLE
Welcome to Biden’s America where everything breaks, crashes and blows up!
It appears that The Fed is “down” as all FRB Services are currently offline including ACH and FedWire…
Translation: the official establishment-sanctioned method of transferring money in America is currently offline!
And, thank you.
Just didn’t know about it, and now I do.
Oy vey!
I just found out I'm a billionaire!
So, anybody that then his penalized for late fee, etc., will see those reimbursed by the government or somebody?
I recently worked for a small regional bank and balanced the debits and credits with the Feds. There was only one update to checking accounts. That was in the morning. As long as you were in the black once a day, in the morning there weren’t any “payment declined” fees. The only other ACH transactions between the bank and the Feds during the rest of the day where check imaging (and there were very few because no one uses paper checks much these days).
If you want to bring down a big chunk of consumer banking, preform a denial service attack on a company named FiServ. It processes about 35% of all retail banking data.
Not to worry. One of the printing presses was running so fast that it exploded and there was some collateral damage to the computer network in the same room.
Something is being rigged so that the Wall Street banks can make extra money in some way unknown to us. We should have as much faith in the Fed as we do in our elections. The Fake News will tell us nothing about what is really happening.
I never worked on that side ( I ran big call centers for retail banking and web banking support.
I used to hear about a botched batch from Fiserve from time to time.
Something everyone should be taught in school: how to balance an account. And how this stuff works—getting from one place to another. Some of it would stun the average person.
See, it’s just a glitch.
Bob Slydell : Milton Waddams.
Dom Portwood : Who's he?
Bob Porter : You know, squirrely looking guy, mumbles a lot.
Dom Portwood : Oh, yeah.
Bob Slydell : Yeah, we can't actually find a record of him being a current employee here.
Bob Porter : I looked into it more deeply and I found that apparently what happened is that he was laid off five years ago and no one ever told him about it; but through some kind of glitch in the payroll department, he still gets a paycheck.
Bob Slydell : So we just went ahead and fixed the glitch.
Bill Lumbergh : Great.
Dom Portwood : So, uh, Milton has been let go?
Bob Slydell : Well, just a second there, professor. We, uh, we fixed the *glitch*. So he won't be receiving a paycheck anymore, so it'll just work itself out naturally.
Bob Porter : We always like to avoid confrontation, whenever possible. Problem is solved from your end.
“So now banks and other firms will levy gazillions in ‘payment declined’ fees.”
Which only a fool would pay.
Heh. And the red Swingline is company property. :)
Hmmm. Populist Press - a bunch of journalism school flunkies pushing clickbait.
Hacks.
well, they weren’t wrong were they pumblegunner?
QFS....
No - want verifiable sources. Not too much to ask.
What resource did you go to verify that they “weren’t wrong”?
I don’t owe you jack squat. go figure it out yourself
What other secrets is she keeping?)
Hope they get it fixed by tomorrow. My direct deposit paycheck is Friday!
“long-term food storage stuff”
Leaf lettuce is easy to grow.
I have an asparagus patch.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.