Free Republic

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...

October 10, 2022: Shares in PayPal are off more than 6% in early Monday trading after a massive internet campaign to cancel accounts went viral in response to the company's now-reversed policy that would fine users $2,500 if they were to allegedly promote "misinformation" or "hate." The company backpedaled on the line in their user agreement, which stated that for each violation, PayPal says users are subject to repercussions. Those include “liquated damages” of $2,500 per violation - with the money being taken directly from a person’s PayPal account. Users were directed to PayPal’s user agreement, which states in part...