My solution: No business deals over $100 for old folks. Pass a law. Those with no concerned relatives need the government. In this case it would be a panel of trustworthy church-going citizens who are hopefully not out for themselves.
How many folks on here would be screaming if the Biden administration passed a rule that banks had to get government approval for transactions over $100,000? I would be too.
My last big transaction was to transfer a significant sum from an IRA to an annuity. Did I get scammed? I guess I’ll find out in a few more years. But big brother didn’t stop me from doing it; and the broker didn’t put up any barriers.
In the case reported, the problem is obviously the daughter for not keeping track of her mother’s decline.
Those with no concerned relatives need the government.
You forgot the /s
“My solution: No business deals over $100 for old folks. Pass a law.”
Lay off the booze.
Yes Passalacqua to give the government control over anything over hundred dollars for seniors...
You’re certainly filled with smartitude today!
Show they also give over power of attorney to the government? Maybe we should all do that.
The central government should deny all freedom to the elderly...for their own good, of course.