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PayPal stock plummets after they ‘accidentally’ threaten to FINE people $2500 for wrong-think … and there is MUCH rejoicing
Twitchy ^ | Posted at 1:48 pm on October 10, 2022 | by Sam Janney

Posted on 10/10/2022 1:18:17 PM PDT by Red Badger

After Big Tech Giant PayPal told the whole world they would be fining people for ‘misinformation’ ($2500!!!), and then tried to backpedal claiming it was a mistake when the pushback was of a GLOBAL nature, seems their stock is kinda sorta taking a beating today.

And by kinda sorta, we mean a serious beating.

Couldn’t happen to a nicer, more deserving company.

Oh yes, yes we can.

At the time of this writing they’ve rebounded a bit (only down 5.64%) but pretty safe to say their actions are impacting their stock in a bad way. And c’mon, did they really think anyone would believe them? They ACCIDENTALLY told the world they’d fine people $2500 for misinformation? This would have gone through legal, design, user experience … this had to be something they’ve been working on for quite a while.

This was no accident.

They just didn’t think they’d get nuked the way they did.

And thank God they did.

Misinformation Fine.

Ri-damn-diculous.

Just when we thought 2022 couldn’t get any dumber.



TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Politics/Elections
KEYWORDS: andagain; getworkgobroke; payenemy; paypal
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1 posted on 10/10/2022 1:18:17 PM PDT by Red Badger
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To: Red Badger

Was no accident. It was a test run. I rate it an F for failure.


2 posted on 10/10/2022 1:22:13 PM PDT by Newbomb Turk
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To: Red Badger

I almost wish I had some money in stocks, so I could quickly buy short as some company goes ‘woke’.

I wonder if some of them are actually doing that on purpose


3 posted on 10/10/2022 1:22:16 PM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: Red Badger

I remember when Coca-Cola stock plummeted after they “accidentally” marketed something called “New Coke”.


4 posted on 10/10/2022 1:22:24 PM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: Red Badger

Just cancelled my PayPal account and asked them to delete my info. Had forgotten how many merchants I had paid with PayPal. There loss.


5 posted on 10/10/2022 1:22:35 PM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR)
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To: Red Badger

“Accidentally” threatening to slit my throat financially speaking. I’ll pass. Go ahead, PayPal, blame the whole
imbroglio on a nameless, invisible “Intern”.


6 posted on 10/10/2022 1:23:12 PM PDT by lee martell
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To: Red Badger

“Go Woke, Go Broke” is finally coming to fruition?


7 posted on 10/10/2022 1:23:34 PM PDT by Paladin2
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To: ClearCase_guy

I still say that was to replace sugar with HFCS and people wouldn’t notice when they brought back “Classic Coke”.


8 posted on 10/10/2022 1:23:37 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Red Badger

I cancelled this AM—

BTW, a few cantankerous Freepers will yell at you for not using the “search” function before posting in 3.....2.....


9 posted on 10/10/2022 1:23:50 PM PDT by mikelets456
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To: Red Badger

Did they mean your comments on ANOTHER platform? I mean, was PayPal threatening to ‘fine’ you if you posted something they didn’t like on Facebook?

That takes some brass balls...

Either way, cancelling my account today.

Is there any other platform like this?


10 posted on 10/10/2022 1:23:53 PM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: Red Badger

Ya know, President Trump could literally crash their stock if he came out and urged the MAGA Conservative crowd to NOT BUY anything from a company that accepts PayPal.


11 posted on 10/10/2022 1:24:38 PM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: Red Badger

All I can say is, “HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!”


12 posted on 10/10/2022 1:24:41 PM PDT by ExTxMarine (Diversity is necessary; diverse points of views will not be tolerated.)
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To: mikelets456

It’s a different source....................


13 posted on 10/10/2022 1:26:39 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

So... Paypal admits they misinformed people by publishing that? Do we each get $2,500 now?


14 posted on 10/10/2022 1:27:12 PM PDT by dangus
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To: Red Badger

These woke CEO’s dont consider or care what happens to their stock price...they think they’re doing the right thing. Then they get fired by the board.


15 posted on 10/10/2022 1:27:31 PM PDT by Jonny7797
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To: ClearCase_guy

Extremely successful from 1886 until 1985, when they decided to change the drink. What colossal a-hole thought of that?


16 posted on 10/10/2022 1:28:04 PM PDT by EEGator
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To: Red Badger

Good!!!


17 posted on 10/10/2022 1:28:14 PM PDT by 4Liberty (On Jan 6th: Trump’s OWN F.B.I. plotted against him.)
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To: Red Badger

PayPal sucks...One of the worst companies I’ve ever dealt with.


18 posted on 10/10/2022 1:29:00 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: eyeamok

Such a business opportunity.

A MAGA business could make bank.


19 posted on 10/10/2022 1:30:38 PM PDT by combat_boots
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To: dfwgator

That’s why people try to get “Mexican Coke”. They still use real sugar.

Just FYI Coca-Cola not yayo...


20 posted on 10/10/2022 1:30:47 PM PDT by EEGator
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