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Citizen Satirist (CS)'s avatar

Jeff, I suspect PayPal released the new terms on purpose hoping to get rid of or scare off their non-woke customers on purpose. REMEMBER: The woke corporate geniuses who came up with this policy think THEY ARE THE MAJORITY and they hate their non-woke customers just like the GOP hates its core non-woke voters, the NFL hates its core non-woke viewers etc etc... However, they may have underestimated the blowback or the number of non-woke people out there who were alarmed by the moves...

CENSORSHIPsteria: Best PayPal Memes (Go Woke, Go Broke!)

- PedoPal, the release was "accidental" (and Epstein also killed himself), new PayPal trademarks, roach motel for your data, someone hit the wrong button excuse and more PayPal memes!

https://covidsteria.substack.com/p/best-paypal-memes-go-woke-go-broke

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DogsLife's avatar

I think you may be on to something. PayPal just racking up some ESG credit by dismissing the "anti" group.

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Citizen Satirist (CS)'s avatar

I forget the ESG aspect!!! I bet getting rid of non-woke customers increases it... Have you seen this:

Why Is Leftist Entertainment So Divisive And Devoid Of Imagination?

https://www.zerohedge.com/geopolitical/why-leftist-entertainment-so-divisive-and-devoid-imagination

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YYR's avatar

There's no advantage to them tipping their hand without the commitment to use this new weapon. They overestimated their support. JP Morgan/Chase has been playing this game too. PayPal's move may have been a trial balloon to see if the public would go along, or to see if they could scare people into silence and complicity online before the midterms. Fail.

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Citizen Satirist (CS)'s avatar

PayPal is also global - so if they piss off a few Americans, big deal... And unlike with Facebook-Google who's ads would make the most $ from Americans, PayPal might be more reliant on unbanked customers and small businesses in third word countries....

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KarenQ's avatar

What do you mean that Chase has been playing this game too? I haven’t seen anything about that. I’ve banked with them for 15 years and I’ve been quite happy with them, so please fill me in on what I don’t know! Thanks in advance.

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Positively Paying It Forward's avatar

Over $400mm in fines for just about every crime a bank can commit. Just web search “ fines assessed to chase bank” and enjoy the reading/articles. The “big 7” are basically too big to fail. See how much chaos Chase was involved in the 2007-8 subprime and derivatives scandals? Pres Obummer bailed them all out due to Geitner’s back scratching.

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Notyours's avatar

They suggested Kanye West move his account as I understand it. Believe the same happened to Michael Flynn?

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ConcernedGrammy's avatar

I don't think it was a "running off" scheme, but more likely a "temperature check" to see what they could get away with. SOMEONE has to be funding these businesses to cut their own throats.

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Citizen Satirist (CS)'s avatar

ESG, Blackrock and woke pension funds like Calpers... Remember, PayPal is global and unbanked customers and businesses in the third world might actually generate them more fees than Americans... Also, I thought I had seen a recent article on Zerohedge or posted to Gettr explaining the reason Disney makes such cr*p woke movies now is to improve ESG scores b/c its the theme parks etc where they make the real money....

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Chevrus's avatar

Checking to see if I still have an account...stand by...

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ConcernedGrammy's avatar

While you're there, check to see if they've removed their "mistaken" policy update. Still there...last update was Sept 26, 2022, the original day it was posted.

https://www.paypal.com/us/legalhub/acceptableuse-full?locale.x=en_US

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