Did Trump Kill 100,000 Boeing Jobs By Pulling Out of the Iran Nuclear Deal?
On 8 March 2018, the liberal Facebook page "The Other 98%" posted a meme reporting that 100,000 jobs at aerospace and airplane manufacturing giant Boeing will be lost  because President Donald Trump has reneged on the 2015 Joint Comprehensive Plan of Action, better known as the Iran nuclear deal:   The claim that 100,000 American manufacturing jobs would be lost likely came from a Marketwatch report, which states: report Boeing announced the largest of its deals with Iranian airlines in December 2016: 80 jets for Iran Air  including 50 of the 737 MAX 8 model. In April 2017, Iran Aseman Airlines signed an agreement to purchase 30 Boeing 737 MAX planes, with an option to buy 30 more. Boeing at the time said the Iran Air deal would support 100,000 U.S. jobs. Dan Curran, a spokesman for Boeing, told us in a statement that the company expects the effect on jobs from the policy reversal to be "minimal," if there's any at all: The production plan that we have put in place was not and is not dependent on the Iranian orders. Boeing has a robust sales backlog of more than 5,800 airplanes, which represents about 7 years of production. Iranian airlines were not included in our order backlog. And there has been no change to our backlog or production rates as a result of the Administrations announcement. At an event in Washington, D.C., Boeing CEO Dennis Muilenburg said the company had planned for the possibility that the U.S. could back out of the agreement by not committing production slots for planes slated for Iran. event It's too early to know how blowback from the policy reversal will impact Boeing and the economy as a whole, as financial publication TheStreet.com points out: Bernstein's analysts said there may be as much of a chance for Boeing to profit on an Iran fallout as not. "For defense contractors with significant Middle Eastern exposure, heightened regional tensions could drive increased demand for missile defense, in particular, but potentially also aircraft, ships, missiles, and vehicles," Harned and company wrote. [...] Various analysts, including Seaport's Sullivan and Bernstein's Harned, Laughlin and Sheey, were not overly concerned with Boeing falling behind on that production rate. The company has said it did not model the Iranian order into its production rate forecast for the 777 and the order was not part of its firm backlog of those jets as of April, which totaled 94. Any loss to 737 deliveries due to the Iranian deal would also be immaterial given the company had a backlog of 4,622 of those jets as of April. French aircraft dealer Airbus will also lose roughly $20 billion in business as a result of Trump's decision, because although the company is based in Europe, parts used to manufacture the planes are made in the United States. Among other large companies that stand to lose as a result of the decision are General Electric, Volkswagen, and Total, as CNN Money reports: reports Total (TOT), the French oil and gas company, signed a $2 billion agreement to help develop Iran's giant South Pars gas field, together with Chinese state oil company CNPC. Now the company is worried the agreement could collapse in the face of new sanctions. General Electric (GE) received millions of dollars in orders from Iran in 2017, according to company filings, for its oil and gas business. This includes orders for machine parts and equipment used in gas plants. [...] And in 2017, Germany's Volkswagen (VLKAF) announced that it would sell cars in Iran for the first time in 17 years. Koning Beals, Rachel."Boeing Will Lose Out on $20 Billion in Iran Deals as Airbus, GE Impacted."
Marketwatch.8 May 2018. Terrarosa, Tom."Boeing's Gains From Rising War Fears Could Offset Lost Iran Jet Deal."
TheStreet.com.9 May 2018. Riley, Charles, and Horowitz, Julia."Iran Deal: Who Loses as US Sanctions Return."
CNN Money.9 May 2018. DiChristopher, Tom."Trump's Iran Nuclear Deal Exit May Spark a Sanctions Battle With Europe That Uncle Sam Already Lost Once."
CNBC.9 May 2018. Tankersley, Jim, andKitroeff, Natalie. "Boeing C.E.O. Downplays Loss of $20 Billion Contract With Iran."
The New York Times.9 May 2018.
Claim:  Best Buy is distributing free $1,000 gift cards to users who click an online link.  Examples:   [Collected via e-mail, April 2012] Your entry last month has Won!!  Goto [URL elided] and enter your Winning Code:  3333 to claim your free $1000 BestBuy GiftCard!  [Collected via e-mail, October 2012] Your entry last month has Won!  Go to [URL elided]  and enter your winning code 5555 to claim your FREE $1000 Best Buy Gift card within 24 hours.   Origins:  In October 2012, a scam purporting to offer free $1,000 Best Buy gift cards to those who accessed a proffered link then entered a "winning code" spread by cell phone text message. It was a reprise of a March 2012 scam that invoked the name of the same retailer to lure the unwary. Those who attempted to claim the enticing freebie were then led to a web page (which was not operated or sponsored by electronics retailer Best Buy) that asked them to certify they were U.S. residents over the age of 18 and had agreed to the privacy policy and terms and conditions of the site they'd been sent to, the latter being: This Gift Redemption Program is an independent rewards program for consumers and is not affiliated with, sponsored by or endorsed by any of the listed products or retailers. Trademarks, service marks, logos, and/or domain names (including, without limitation, the individual names of products and retailers) are the property of their respective owners. THE FOLLOWING IS A SUMMARY OF PROGRAM REQUIREMENTS. SEE TERMS & CONDITIONS FOR COMPLETE DETAILS. Members are being accepted subject to the following Program Requirements: 1) Must be a legal US resident; 2) must be at least 18 years old or older; 3) must have a valid email and shipping address; 4) Eligible members can receive the incentive gift package by completing two reward offers from each of the Silver and Gold reward offer page options and nine reward offers from the Platinum reward offer page options and refer 3 friends to do the same. Various types of reward offers are available. Completion of reward offers most often requires a purchase or filing a credit application and being accepted for a financial product such as a credit card or consumer loan. Those still in hot pursuit of the promised $1,000 gift cards were then asked to provide their names, mailing addresses, e-mail addresses, cell phone numbers, and dates of birth, or were taken directly to web pages that required them to select a number of  "free" offers. As always, it was just a con meant to trick the credulous into divulging their personal information and signing up for expensive services. The Better Business Bureau provides this advice on avoiding being victimized by such scams: Better Business Bureau If you receive a questionable or unsolicited text message, check the URL or phone number for free on the Better Business Bureau website. website Most financial institutions, utility, or other business will not communicate with you via text message. If you do not recognize the website or phone number being sent to you, don't visit or call it. Don't e-mail or text personal and financial information. Review your credit card and bank statements to make sure there are no unauthorized charges. Other recent scams of similar construction include: $50 or $100 Starbucks gift cards [October 2011] Starbucks  $25 Tim Hortons gift cards [October 2011] Tim Hortons  Apple iPods, iPhones, or MacBooks in memory of Steve Jobs [October 2011] Apple  $1,000 Costco gift cards [December 2011] Costco  $1,000 Walmart gift cards [March 2012] Walmart  Pair of JetBlue air travel tickets [April 2012] JetBlue Last updated:  5 October 2012 In late January 2016, Facebook users began sharing a post that promiseda $200 coupon for the Wegmanssupermarket chain to users who completed a short series of steps.  In July 2019, social media users began encountering a similar offer for an $80 coupon:  The embedded links in those posts pointed to a URL not associated with Wegmans.Userswho attempted to complete the steps andclaim thecoupon were directed toa page that resembledcontent hosted on Facebook,but its URL didn't matchthe social network's. The landing page was familiar to all who had encountered similar scams in the past:   Wegmans'official Facebook page warned customers about the coupon scam:  A Better Business Bureauarticle provided shoppers tips about avoiding survey and coupon scams operating in that fashion: article Don't believe what you see. It's easy to steal the colors, logos and header of an established organization. Scammers can also make links look like they lead to legitimate websites and emails appear to come from a different sender. Legitimate businesses do not ask for credit card numbers or banking information on customer surveys. If they do ask for personal information, like an address or email, be sure there's a link to their privacy policy. When in doubt, do a quick web search. If the survey is a scam, you may find alerts or complaints from other consumers. The organization's real website may have further information. Watch out for a reward that's too good to be true. If the survey is real, you may be entered in a drawing to win a gift card or receive a small discount off your next purchase. Few businesses can afford to give away $50 gift cards for completing a few questions. Claim:  The United States Postal Service is discontinuing the "Black Heritage" series of stamps and destroying the remaining stock. Status:  False. Example:  [Collected on the Internet, 2000] Subject: Discontinuing and DESTROYING Black Stamps I was in the post office this morning and requested the African American stamp. The postal worker informed me that they will DESTROY all remaining African American Heritage stamps at the end of the month instead of following their usual process of selling them until they are depleted. She also said that they were asking patrons to complain to the Post Master and gave me a complaint form. Needless to say, I've already completed the form. The post office is considering discontinuing Black Heritage Stamps because they aren't selling.  Instead of taking the path of least resistance and accepting the love, flag, rose or teddy bear stamps that they offer you automatically, request African-American stamps each and every time you mail something.  If we don't buy them, nobody will. Perhaps you think it's not a major issue. However, it is a part of the ongoing effort to assert ourselves as a major economic force in this society. PASS THE MESSAGE ON AND LET'S KEEP BLACK STAMPS IN CIRCULATION. Origins:  Many of the messages we receive these days are expressions of the feeling that blacks are being overlooked and slighted by white Americans, particularly in the economic arena.  A common theme is    that major companies decline to advertise in media that reach primarily black audiences because theyfail to recognize both the social desires and income levels of black Americans.  (In other words, it's racism in another form: either the people running these companies are so prejudiced that they're willing to sacrifice revenues by not selling to blacks, or they don't realize that blacks are not one stereotypical bloc of uneducated, poor, blue-collar workers who couldn't possibly aspire to the finer things in life  or afford them even if they did.)  As well, other messages convey the sentiment that the roles of blacks in American history have been ignored or minimalized.  (See the controversy over the origins of the Statue of Liberty for one example.)  This current message touches on both these themes: postage stamps honoring the heritage and contributions of black Americans are being discontinued and destroyed for economic reasons: because people just don't buy them.   Statue of Liberty Whether the beliefs expressed in the previous paragraph are right or wrong (and that is not the issue here), this message about the end of the Black Heritage series of postage stamps is undeniably false. The United States Postal Service is neither discontinuing the Black Heritage series nor planning to destroy the remaining stock of Black Heritage stamps.  The series has been going strong for 31 years now, and the 2008 entry (the 31st stamp in this series) features civil rights leader Charles W. Chesnutt.  There is no end to the Black Heritage series in sight, no matter how well or poorly the stamps sell. As Executive Director of Stamp Services Azeezaly S. Jaffer was quoted as saying in an official official media statement: Charles W. Chesnutt official media statement Given the popularity and importance of the Black Heritage stamps, there are no plans to discontinue the series. It is unfortunate that such rumors have spread, and we hope that the Postal Services commitment to honoring the historical achievements and contributions of African Americans on stamps will dispel any further concerns This policy was confirmed yet again by the USPS in a March 2005 press release: press release To dispel recurring rumors that its long-standing Black Heritage stamp series will be discontinued, a senior postal official reiterated the Postal Service's continued commitment to honoring African Americans on stamps. "Nothing could be further from the truth. These rumors continue to resurface around this time of year," explained David Failor, Executive Director of Stamp Services, U.S. Postal Service, referring to the deluge of inquiries the Postal Service receives shortly after a Black Heritage stamp issuance.  He said, "As a main component of our annual stamp program, the Black Heritage series is alive and well, and here to stay. We're already looking forward to announcing next year's honoree this fall."  The myth started several years ago through an anonymous email that alerted recipients to buy Black Heritage stamps before Post Offices take them off sale due to lack of demand. Exhorting people to buy Black Heritage stamps as a way of honoring the memories of the individuals they depict (or Black Americans in general) is a worthy cause.  Coaxing people into buying them based on misinformation is not. Last updated:  30 November 2007 Claim:  E-mail from neighbor describes Democratic vice-presidential candidate John Edwards. Status:  Multiple  see below. Example:  [Collected on the Internet, 2004]  Meet my neighbor  I'd like to introduce you to my neighbor. I'm from Raleigh, North Carolina, and for several years I've lived around the corner from Vice Presidential Candidate John Edwards. My neighbor John has been in the news a good deal lately, but it's hard to tell about the man himself from the coverage. Maybe I can help you get to know him better. Even several years ago, before he was elevated to the national stage, my neighbor John didn't socialize much with other neighbors. He didn't gather with other neighbors at the Fourth of July and he didn't come out to the sledding hills to watch the kids play after a snow. My neighbor John preferred to jog through the neighborhood by himself. There's no sidewalk on Alleghany Drive, John's Street in Raleigh, and if you drove past him as he was jogging on the road and didn't slow down enough for his taste he'd flip you the bird. Even after he became a U.S. Senator, he'd still come home to Raleigh every once in a while, would still jog through the neighborhood, and would still flip the occasional bird to passing cars. He last showed me his middle finger about four years ago. Since then, my neighbor John is rarely in town. When he is home, though, we in the neighborhood all know it. My neighbor John invited reporters from TV, radio, and print news organizations to come to hishouse in January 2003 for the announcement of his Presidential bid. He didn't want any news vans parked on his property  in fact, he made sure all the cameras and reporters waited in the street at the bottom of his driveway. That way everyone could get good footage of him strolling down the driveway to make his announcement, young children in tow. The news vans drove into the yards of John's neighbors and parked there. I heard two families ended up re-sodding their damaged yards, and John never apologized to anyone, much less offered any compensation. The family across the street from my neighbor John has since put up posts at their property line to try to keep that sort of thing from happening again. The appearance was good for my neighbor John. Nobody else seems to matter to him. Since then, when my neighbor comes home (as he did July 10, to be interviewed with John Kerry for "60 Minutes"), Raleigh police officers block off the street. Those of us who live near himend up coming and going to and from our homes on a circuitous route, on a bad, unsurfaced road. Forsyth Street has been closed to through traffic, except when my neighbor is in town, because the road has been ripped up for installation of new gas and sewer lines. My neighbor's street is a public, city-maintained street, and it is the best way to get to homes just north of his. If my neighbor is around, though, apparently none of the rest of us can use the street at all. It's good for my neighbor John. Nobody else seems to matter to him. My neighbor John has been a very successful trial lawyer, but his practice of law sometimes seems more like extortion. A friend of mine is a doctor in Raleigh. He recently spoke with another doctor, an anesthesiologist, who was named in a suit filed by my neighbor John. Apparently a surgeon at a local hospital had made a mistake, and my neighbor John represented the injured patient. Not only did my neighbor John sue the doctor who made the mistake, but also sued the hospital and a string of others, including the anesthesiologist. There was no problem with the anesthesia  the anesthesiologist had done absolutely nothing wrong. His attorney said so in a meeting with my neighbor John. John's neighborly response was that he couldn't careless if the doctor had done nothing wrong. That wasn't the point. The point was that clients come to my neighbor John because of his record of success and his reputation for thoroughness. Every defendant in asuit he files pays, regardless of whether they are actually guilty or not. My neighbor John demanded a settlement of $250,000, and said his firm was willing to spend $2 million to get it. The doctor's insurance company promptly paid the $250,000. The rate of growth in North Carolina's medical malpractice insurance rates is among the highest in the nation. The total cost of health care rises with those rates. My neighbor John's slimy extortion is part of the reason.  Forget about right or wrong, guilt or innocence. My neighbor John did what was best for himself. Nobody else seemed to matter.  My neighbor John may be a trial lawyer, but in front of juries he also claims to be something of a psychic. You see, my neighbor John specializes in cases involving the death or serious injury of children. He claims to receive messages from dead or brain-damaged children, and the messages are much clearer and more specific than those received by the famous "psychic" who nearly shares my neighbor's name. When a child has been killed or is otherwise unable to speak for him or herself, my neighbor John says he has the ability to "channel" that child. He tells juries he feels the child inside him, and that he hasmessages from that child, which he relays to jury members. He tells juries about the car-accident death of his own son, Wade, and speculates that he may have received the ability to "feel" the souls of dead or injured children because of the close relationship he still feels with his son. It sounds hokey and more than a little creepy, but it seems to play well with juries, and results in very high jury awards. These awards have made my neighbor extremely wealthy. He's so wealthy that he created a corporation of which he is the only member, and pays himself most of his earnings as corporate dividends, not as salary or wages. Medicare taxes are not levied on dividend income, so my neighbor hasavoided paying $600,000 into the Medicare system since 1995 by setting up this tax shelter. But he says others aren't paying their fair share of Medicare taxes. It's good for my neighbor John, and nobody else seems to matter.  My neighbor made a lot of promises on his way to the Senate. He promised strong support for our military, but then voted against body armor, combat pay, and better health care for our troops in Afghanistan and Iraq. He promised to support traditional North Carolina values, but then voted to the left of Ted Kennedy onpartial-birth abortion, taxes, property rights, and a host of other issues. We in North Carolina feel betrayed. My neighbor John figuratively gave his constituents the middle finger while he ingratiated himself to Tom Daschle and the rest of the Democratic Party leadership. My neighbor announced many months ago that he would not seek reelection, because he knows he's unpopular in North Carolina and would lose by a huge margin. According to a poll released this week,when the Kerry/Edwards ticket was announced, support for Kerry in North Carolina went down, not up. We North Carolinians know John Edwards. We've been betrayed by him, and we do not support him. But as he broke his promises to us, he gained favor with the Democratic Party leadership. Now he's a political star. I guess turning his back on the people he claims to represent has worked out well for my neighbor, John Edwards. Nobody else seems to matter. Origins:  This piece about North Carolina senator John Edwards, the 2004 Democratic vice-presidential nominee, was posted to various political newsgroups and web sites in early August 2004, attributed to one  John Edwards posted  Brian T. Nicholson, "a neighbor of John Edwards." Mr. Nicholson does live on Yadkin Drive in Raleigh, a street which intersects Alleghany Drive, where Senator Edwards resides.  However, Mr. Nicholson now maintains that he did not pen the essay attributed to him, but that he wrote a private message to family and friends which was altered by someone else and turned into the piece now circulating on the Internet.  (He has not yet produced the original version or explained which parts of his message were altered, however.) According to the Raleigh News & Observer, other neighbors of Senator Edwards report they haven't observed the behaviors attributed to him in the piece quoted above.   For example, the Internet essay maintains: If you drove past him as he was jogging on the road and didn't slow down enough for his taste he'd flip you the bird. He last showed me his middle finger about four years ago. However, the News & Observer reports: But neighbors this week said they saw Edwards wave while jogging, sometimes giving a thumbs up or stopping briefly to chat. No one said they saw any rude gesture. "I've never seen him be rude or ugly," said Tootie Flythe, who was so upset by the essay that she wrote a multipage response in longhand, which she is keeping to herself. Flythe lives across the street from the Edwardses, and she said John Edwards sometimes cuts through her yard to get to a greenway. He always stops to ask about her family, said Flythe, a 54-year-old registered Democrat. The essay says Edwards didn't hang out with neighbors on the Fourth of July or go out to sledding hills to watch kids play in the snow. But Edwards' neighbors said they don't do that, either. Ray Mays lived across the street from Edwards for 10 years, until he sold his house this summer. Mays, a 61-year-old who said he will vote for President Bush this fall, said he and Edwards were "passing acquaintances," though he knew Elizabeth Edwards better. Mays attended one or two Christmas parties at the Edwards home and remembers Elizabeth spending most of her time in the kitchen, cooking. "They were always friendly," he said. "They never gave the appearance that they were stuck up in any way." The essay also claims: My neighbor John invited reporters from TV, radio, and print news organizations to come to his house in January 2003 for the announcement of his Presidential bid. He didn't want any news vans parked on his property  in fact, he made sure all the cameras and reporters waited in the street at the bottom of his driveway. That way everyone could get good footage of him strolling down the driveway to make his announcement, young children in tow. The news vans drove into the yards of John's neighbors and parked there. I heard two families ended up re-sodding their damaged yards, and John never apologized to anyone, much less offered any compensation But on 2 January 2003, the day he officially announced his candidacy for president, Senator Edwards sent a note containing the following apology and offer to repair damaged lawns (at his expense) to his neighbors: Dear Friends & Neighbors: As you know, 2003 has gotten off to an exciting start for our family. In light of our recent decision, we know that many of you may also be feeling the effects. We want to apologize for any inconvenience you and your family may have experienced. Please call our assistant, Andrew Young . . . if you have any lawn damage from the media traffic. Our personal lawn maintenance company will make any necessary repairs. Thank you for your patience. The Internet piece goes on to claim that the standard security provided to presidential and vice-presidential candidates is somehow an inconsiderate and selfish whim of Senator Edwards', one which has made access to the Raleigh neighborhood where he lives inconvenient for other residents: The appearance was good for my neighbor John. Nobody else seems to matter to him. Since then, when my neighbor comes home (as he did July 10, to be interviewed with John Kerry for "60 Minutes"), Raleigh police officers block off the street. Those of us who live near himend up coming and going to and from our homes on a circuitous route, on a bad, unsurfaced road. Forsyth Street has been closed to through traffic, except when my neighbor is in town, because the road has been ripped up for installation of new gas and sewer lines. My neighbor's street is a public, city-maintained street, and it is the best way to get to homes just north of his. If my neighbor is around, though, apparently none of the rest of us can use the street at all. Again, however, the News & Observer reported differently: When Edwards is at home, which isn't often these days, police block his section of Alleghany Drive but let residents, guests and home repair services through. The essay complained about that inconvenience, but Alleghany residents said they manage easily. "We have a lot of contractors coming and going," said Brenda Gibson, 47, a registered Republican. "I have nothing negative to say." Some of the neighbors said they liked having traffic access limited because it stops cars from speeding down the narrow street. "Alleghany was just a thoroughfare," said Clotilde Collins, 74. "You take your life in your hands trying to get out of your driveway." Some said they are excited to have Edwards as a neighbor. And they like looking out their windows to see Secret Service agents. "I love the security," Gibson said. Last updated:  13 August 2004     Sources:   Bonner, Lynn.  "E-Mail About Edwards Disputed."   The [Raleigh] News & Observer.  13 August 2004. In late July 2020, Snopes readers asked for verification of numerous social media posts that stated Target had canceled its annual "Shop with a Cop" program, which is officially known as "Heroes & Helpers," in an effort to "distance themselves from Police Officers." Here is an example of one such post circulating on Facebook:   Similar posts also made the rounds on Twitter, and to add to the confusion, a website called The Courier Daily only reported that people were talking about the rumor on Twitter but didn't offer any evidence for the claim. posts website We reached out to the source itself, asking Target Corporate whether it had ended the long-standing program that pairs children from low-income backgrounds with local law enforcement officers for holiday shopping trips funded by charitable donations. A spokesperson for Target told us that the program will continue, although details about how it will move forward amid the COVID-19 pandemic are still pending. In response to our question asking whether the program had been canceled, the company sent the following statement: We plan to continue to support children with Heroes & Helpers events across the country this holiday season. Like many of our holiday programs, were carefully considering how to manage these events during the COVID-19 environment in a way that ensures the health and safety of our team and guests. We will have additional details to share as we approach the holiday season. The program was launched in 2009 and takes place in stores nationwide. To date, $5 million in grants has been used to support the shopping trips, and more than 100,000 children and 60,000 police officers have participated, per Target. program The false social media rumors may have been inspired by the fact that since the May 25, 2020, death of George Floyd in Minneapolis police custody, there have been ongoing protests against and conversation about police violence and racism in America, spurring calls to reform policing practices and even some activists calling for police departments to be defunded. George Floyd However, Target, as of this writing, doesn't plan to cancel the program as a result of the racial justice protests. With the information currently available, we rate this claim  A Bullseye View.  "Target Teams Up with Donnie Wahlberg to Celebrate 10 Years of Heroes & Helpers."
  4 December 2019. Trujillo, Damian.  "Shop With a Cop Foundation Considers Name Change to Reconnect with Community."
  KNTV.  2 July 2020. Hill, Evan, et al.  "How George Floyd Was Killed in Police Custody."
  The New York Times.  31 May 2020. A fake tweet mocked up to look like it was written by former U.S. President Barack Obama went viral, likely because if it were real, it would have represented quite a clap back. The image, posted on March 31, 2022, is a screenshot of what looks like Obama's verified Twitter account and a tweet that states, "I think most Americans would agree that I'm a level-headed individual, not a man who's prone to indulging in conspiracy theories. I've certainly had a fair number directed at me. But has anyone checked to make sure Donald Trump doesn't have a Russian birth certificate?" posted   birther The tweet also plays on news stories that took off after Trump took office, reporting the latter's campaign had received help from the Russian government. When Russia invaded Ukraine on Feb. 24, 2022, Trump referred to Russian President Vladimir Putin's military strategy as "genius." stories referred The Obama tweet doesn't appear on his Twitter timeline, nor does it appear on PolitiWoops, a database of deleted tweets by political figures operated by the non-profit news organization ProPublica. Claim:  A provision of "Obamacare" health care legislation creates a 3.8% Medicare tax on real estate transactions.  OF AND  INFORMATION:    Health care legislation imposes a 3.8% tax on all home sales.  Health care legislation imposes a 3.8% transaction tax on profits over the capital gains threshold. Example:  [Collected via e-mail, April 2010] 3.8% tax on real estate transactions Under the new health care bill - did you know that all real estate transactions are subject to a 3.8% "Sales Tax"? You can thank Nancy, Harry & Barack (and your local Congressmen) for this one. If you sell your $400,000 home, this will be a $15,200 tax. Remember Obamas battle cry  take from the workers and give to the drones. TAX ON HOME SALES Imposes a 3.8 percent tax on home sales and other real estate transactions. Middle-income people must pay the full tax even if they are "rich" for only one day  the day they sell their house and buy a new one.   Origins:  One of the provisions in the reconciliation bill (HR 4872) passed in conjunction with the Patient Protection Affordable Care Act (PPACA) health care legislation calls for high-income households to be subject to a new 3.8% Medicare tax on investment income starting in 2013: HR 4872 The PPACA creates a new Code Section 1411, which will generally impose a 3.8 percent tax on the lesser of "net investment income" or the excess of modified adjusted gross income over a "threshold amount" (generally, $250,000 for taxpayers filing a joint return, $125,000 for married taxpayers filing a separate return and $200,000 in all other cases). Net investment income generally means the excess of (i) interest, dividends, annuities, royalties, rents, income from passive activities, income from trading financial instruments and commodities, and gain from the disposition of certain non-business property, over (ii) allowable deductions properly allocable to such income. In determining the amount of net investment income, special rules apply with respect to dispositions of equity interests in certain partnerships and S corporations, and to distributions from certain qualified plans. This additional tax applies to taxable years beginning after December 31, 2012. This is a complicated section of a complicated piece of legislation, and the 3.8% Medicare tax has been frequently misreported as amounting to a 3.8% "sales tax" on all real estate transactions.  This is incorrect: the Medicare tax is not a sales tax, nor does it apply to all real estate transactions; it is a tax on investment income (income which may or not derive from the sale of property) only for persons who earn more than the amounts specified in the bill. First of all, the Medicare tax will be imposed only on individuals with an income above $200,000 and couples with a joint income more than $250,000, a figure which currently excludes about 97% of all U.S. households.  Second, the tax will not be assessed on every house sale, but only on real estate transactions that produce profits over a specified dollar amount.  As Sara Orrange, Government affairs director of the Spokane Association of Realtors noted in response to a repetition of the "sales tax" rumor in the Spokane Spokesman-Review: response In his recent guest column regarding the impact of the health care bill, Paul Guppy of the Washington Policy Center claimed that a 3.8 percent tax on all home sales was a part of the recently passed legislation. This is inaccurate and needs to be corrected. The truth about the bill is that if you sell your home for a profit above the capital gains threshold of $250,000 per individual or $500,000 per couple then you would be required to pay the additional 3.8 percent tax on any gain realized over this threshold. Most people who sell their homes will not be impacted by these new regulations. This is not a new tax on every seller, and that correction needs to be made. This tax is aimed at so-called "high earners"  if you do not fall into that category you will not pay any extra taxes upon the sale of your home. For example, let's assume that a couple with an income of $325,000 bought a house in 2004 for $300,000 and resold it in 2013 for $850,000, thus producing a $550,000 profit.  Since U.S. law allows a couple to exclude from their gross incomeprofits of up to $500,000 from the sale of their principal residence, the taxable gain from this sale would be $50,000 (i.e., a $550,000 profit minus the $500,000 exclusion), and the couple's taxable income would now be $375,000 (i.e., the original $325,000 plus the $50,000 of taxable profit from their home sale).   The 3.8% Medicare tax would now apply to whichever of the following dollar figures is the lesser: exclude  a)  The amount by which the couple's taxable income now exceeds the $250,000 income threshold level.  b)  The amount of taxable income gained from the sale of their home. In case (a), the dollar figure  would be the couple's taxable income ($375,000) minus the income threshold level ($250,000), or $125,000. In case (b), the dollar figure would be amount of taxable income gained from the sale of their home, which, as detailed above, was $50,000 (i.e., $550,000 profit minus the $500,000 exclusion).   The second dollar amount is the lesser of the two, and therefore the couple would have to pay an additional tax of 3.8 percent of $50,000, which would amount to $1,900.  (If the hypothetical couple had realized less than a $500,000 profit on the sale of their residence, none of that gain would be subject to the 3.8% tax.) The referenced tax is therefore not a tax on all real estate sales; it is an investment income tax which could result in a very small percentage of home sellers paying additional taxes on home sales profits over a designated threshold amount.   In short, if you're a "high earner" and you sell your home at a substantial profit, you might be required to pay an additional 3.8% tax. However, given that only about 3% of U.S. households have incomes that exceed the specified income threshold amount, the existing home sale capital gains exclusion on a principal residence ($250,000 for individuals, $500,000 for couples) still stands, and the national median existing-home price in January 2012 was only $154,700 , the Medicare tax will likely affect only a very small percentage of home sellers when it is implemented in 2013. median Additional information:      The 3.8% Tax:Real Estate Scenarios & Examples  The 3.8% Tax:Real Estate Scenarios & Examples Last updated:  15 March 2012    Sahadi, Jeanne.  "Medicare Tax Hikes: What the Rich Will Pay."   CNNMoney.com.  25 March 2010. Claim:  Photographs show scammers using a strip of film to steal an unsuspecting bank customer's ATM card.   . Example:  [Collected via e-mail, 2006]    ATM THEFTSIn our first slide you see an individual who apparently is making a bank transaction at an ATM.Placing the trapWhat he is really doing is placing a trap in the ATM machine to "capture" the next user card.                  Lookout WarningAltering the ATMs is a risky business, these individuals work in teams. The lookout warns of any possible eye witnesses or of the next potential victim.The VictimHere we see the next client using the ATM, after the trap has been set. He inserts his card and begins his transaction.                                  Springing the TRAPThe ATM card is confiscated, and the customer is confused, asking himself, why has my card been confiscated? However, here we see the cavalry coming to help.Honest Samaritan Offering HELP  Here we see the thief pretending to help. What he is really doing is trying to gain the "chump"'s PIN now that he has captured his card.                      Gaining access to the PINThe good Samaritan convinces the "chump" he can recover the card, if he presses his PIN at the same time the Samaritan presses "cancel" and "enter."Situation Hopeless, "They Leave"After several attempts the "chump" is convinced his card has been confiscated. The "chump" and the Samaritan leave the ATM.     Recovering the CARDSatisfied the area is clear, the thief returns to recover the confiscated card from his trap. He not only has the card, he also has the PIN the "chump" provided unknowingly.The EscapeIn possession of the card and the PIN he leaves the ATM with $4,000 from the "chump"'s account.                                                                      THE TRAPThe trap is made up of x-ray film, which is the preferred material used by thieves simply because of the black color which is similar in appearance to the slot on the card reader.       Placing the TRAPThe trap is then inserted into the ATM slot. Care is taken not to insert the entire film into the slot, the ends are folded and contain glue strips for better adhesion to the inner and outer surface of the slots.     INVISIBLEOnce the ends are firmly glued and fixed to the slot, it is almost impossible to detect by unsuspecting clients.How is your card confiscated?Slits are cut into both sides of the trap. This prevents your card from being returned prior to completing your transaction.     Retrieval of Confiscated CardAs soon as the "chump" is gone, and they have your PIN, the thief can remove the glued trap. By grasping the folded tips, he simply pulls out the trap that has retained your card.        RECOMMENDATIONS1)  Once your card had been confiscated, observe the ATM slot and the card reader for any signs of tampering. Should you see the film tips glued to the slot, pull the trap out and recover your card.     2)  Report IMMEDIATELY to the bank.   Origins:   The photographs displayed above originated with a surveillance camera at one of the branches of the Royal Bank of Trinidad and Tobago (now RBTT) and demonstrate a variant of the "Lebanese loop"  RBTT Lebanese loop scam, in which a type of plastic sleeve is inserted into the card slot of an ATM to trap an unsuspecting user's card, while the scammers employ low-tech methods of inducing the victim into entering his PIN repeatedly until they can observe and memorize it (and retrieve the card after the victim has left the scene).  This incident was one of several that prompted RBTT to post notices next to their ATMs warning customers to carefully guard their PINs, to call the RBTT customer hotline immediately if their cards were captured, to be wary of people loitering around ATMs, and to be aware of other unusual circumstances (such as the smell of glue around ATMs). A key point to note, however, is that these photographs are (as indicated by their timestamps) over five years old.  ATM manufacturers have been continuously working on improvements over the last several years to protect against these types of fraud schemes, so the scam shown here wouldn't necessarily be as easy to pull off now as it was back then. Some safety precautions ATM users can employ to protect themselves from this sort of theft are as follows:  Always shield your PIN from prying eyes. Use your body to block anyone's view of the keypad, or cup your non-keying hand over the pad as you use it. Do this whether you're at an ATM, a gas pump, or inside a store. (Rigging the machine to trap your card is not the only way a thief can steal your plastic. And keep in mind that scammers need your PIN to make your card work, so guard your PIN carefully.)  Don't use an ATM if people insist upon standing around it. Politely ask them to move aside, and if they refuse, go somewhere else.  Don't use any ATM that appears to be out of the ordinary. Turn up your nose at cashpoints sporting signs affixed to the machines or instruction screens asking you to do things that don't seem right (such as entering your PIN multiple times). Report these discrepancies immediately to the bank in question or the police.  Get into the habit of using the same ATM for almost all of your transactions so as to better recognize when something is different with the machine. Be wary of any changes you see on its outside.  If the ATM is affixed to a bank, walk in and ask why the changes were made.  Never take advice from "helpful" strangers about how to get your card back if an ATM keeps it.  Report a machine-trapped card to your bank as soon as possible so that the card can be deactivated if it was not kept for legitimate reasons. Last updated:  11 December 2006 In 2021, the story behind a 120-year-old Icelandic version of the classic novel "Dracula" captured the imaginations of social media users, who enthusiastically shared the following summary, originally posted by the Twitter account @ihmerst: shared "Someone translated Dracula into Icelandic and it took over 100 years for anyone to point out he just made a fanfic-rewrite of what he wanted the story to be."   "Dracula," written by Irish novelist Bram Stoker and first published in 1897, has come to be regarded as a classic work in the genres of horror and Gothic fiction and helped popularize vampire folklore in the English-speaking world. It has also inspired a vibrant field of academic research into the social and cultural themes upon which the novel touches, as well as the life of Stoker and the origins of "Dracula." academic research One particularly fascinating point of interest involves the existence of alternative versions of the novel, published in Icelandic and Swedish around the turn of the 20th century. The description posted by @ihmerst contained a measure of truth, but oversimplified what is a complicated and unfinished area of research. The photograph contained in @ihmerst's tweet showed a snapshot of the introduction to Hans Corneel de Roos' 2017 English translation of "Makt Myrkranna" ("Powers of Darkness"), the Icelandic book in question. It was written by journalist Valdimar smundsson, first serialized in his newspaper Fjallkonan in 1900, and later published as a book which, remarkably, included a preface attributed to Stoker himself.  2017 English translation serialized A more clearly legible version of de Roos' introduction can be viewed below:   Up until the 2010s, "Makt Myrkranna" remained untranslated from Icelandic and was presumed to be simply a shortened translation of Stoker's original English text. However, de Roos discovered that the plot of the book differed drastically from that of "Dracula," including new characters, more explicit sexual themes and imagery, and a significant shift in style away from the epistolary (letter-writing) format of the original. In 2014, de Roos described "Makt Myrkranna" as the first translation of "Dracula" and speculated that, in light of elements contained in Stoker's preface, the Irish writer himself may have endorsed "Makt Myrkranna" or even collaborated with smundsson on it.  described De Roos' findings made waves in the world of "Dracula" scholarship, and when he published the English translation of "Makt Myrkranna" in 2017, it attracted mainstream news coverage around the world. mainstream news coverage However, the publicity surrounding de Roos' findings prompted yet another plot twist, as it were. In 2017, the Swedish fantasy writer Rickard Berghorn recognized in the title of the Icelandic text, "Makt Myrkranna," a clear similarity with the title of a Swedish translation of Stoker's novel  "Mrkrets makter," which also translates as "Powers of Darkness." Berghorn made two startling discoveries: first, that serialized versions of "Mrkrets makter" had been published in Swedish newspapers beginning in 1899 (that is, before the Icelandic text was published); and second, that the Swedish versions also constituted a radical departure from Stoker's 1897 novel, rather than a straightforward translation.  two startling discoveries Since 2017, something of a consensus has emerged that, rather than constituting a modified and embellished version of "Dracula," based on the original English text, smundsson's Icelandic text was in fact a modified translation of earlier Swedish texts. As a result, @ihmerst's claim that "someone translated 'Dracula' into Icelandic" should now be regarded as outdated and inaccurate.  consensus has emerged However, some key questions remain. Who wrote the preface to "Powers of Darkness," which was included in both the Swedish and Icelandic texts and attributed, perhaps fraudulently, to Stoker? Was Stoker even aware in advance of the Swedish text (and subsequent Icelandic text), much less involved in its creation? What was the identity of the unnamed Swedish newspaper editor responsible for "Mrkrets makter"? Was the Swedish text simply "fan fiction"  an unauthorized alternative version of "Dracula" masquerading as a translation  or could it have been based on a much earlier draft of Stoker's own novel? perhaps fraudulently much earlier draft Jarlath Killeen, head of the School of English at Trinity College Dublin (which Stoker himself attended), and an expert in Gothic and Victorian Irish and British literature, has edited and written several books and articles on Stoker and "Dracula." He told Snopes that scholars were continuing to research and debate those questions and others, but the precise origins of the Nordic texts remained "very unclear and very murky," for now.  expert In late February 2022, a rumor went viral on TikTok and Twitter that said Russia's largest bank, Sberbank, had imposed a cash withdrawal limit that would be equivalent to $20 in the U.S. The rumor began to spread just after Russia began its invasion of Ukraine on Feb. 24. TikTok Twitter Russia Russia invasion Ukraine On Feb. 25, the person behind the @bantg Twitter account tweeted: "Sberbank, Russian largest bank, has limited cash withdrawals to $20." tweeted  The tweet cited no sources.  Another tweet posted on Feb. 26 claimed: "JUST IN: Sberbank, the largest bank in Russia, has limited cash withdrawals for its customers to $20 ? #PutinWillFeelThePainSoon." The hashtag referred to Russian President Vladimir Putin. tweet Vladimir Putin  Replies under the tweet asked for a source for the information, but @nick82gh did not respond to them.  While this second tweet didn't receive many engagements, it was shared the same day to TikTok as a screenshot. Within 48 hours of being posted, that TikTok video received 80,000 likes and was viewed more than 1.4 million times. The person speaking in the video said: "The bank run has started. Russia is going bankrupt. This is the end of [the] Russian economy completely." video   Here are the facts: It's true that Sberbank is Russia's largest bank by its amount of assets, according to The Wall Street Journal. However, at the time, we found no reporting or evidence of any kind that backed up the claim that the Sberbank had limited cash withdrawals to $20. We also found no data about anything related to Sberbank causing the entire country of Russia to go bankrupt, as mentioned in the TikTok video. The Wall Street Journal By email, a spokesperson for Sberbank told us: "This information contradicts reality. Sberbank continues to fulfill all of its obligations in full, including the withdrawal of funds from accounts. All funds are available to customers at any time." On Feb. 28, ABC News and The Associated Press reported that Sberbank had been hit with "tough U.S. sanctions," leading to some limits on cash withdrawals: ABC News Associated Press Sberbank and VTB banks are Russias two largest state-run banks and own roughly half of the assets in the Russian banking system. They were targeted last week by tough U.S. sanctions aimed at limiting their businesses internationally and over the weekend barred from the international SWIFT payment system. SWIFT In both Slovenia and Croatia, Sberbank temporarily closed its branches or limited cash withdrawals following a rush by its clients last week. In Croatia, the banks clients will be allowed to withdraw a maximum of about 1,000 euros per day over the next two days. In Slovenia, the branches will be closed for the next two days and then the withdrawals will be limited to 400 euros per day. At the time that this news was published, 1000 euros was equivalent to $1,121, while 400 euros converted to $448. Neither of these figures was anywhere close to a $20 limit. We asked Sberbank for information on cash withdrawal limits for other countries but did not receive a response before this story was published. While we found no evidence regarding Sberbank branches having a $20 cash withdrawal limit, the conflict in Ukraine did lead to fears that the bank could fail, according to a report from Reuters, which cited a warning from the European Central Bank. Ukraine report Also, on a similar subject, The National Bank of Ukraine imposed cash withdrawal limits after the invasion began, according to The Wall Street Journal. However, again, those limits were reported to be nowhere near $20. Instead, the reporting said the limit was "100,000 Ukrainian hryvnia a day, equivalent to about $3,339.13." according to The Wall Street Journal This story will be updated if we receive further information.