Even with a permanent income tax increase... the budget is more than $1 billion out of balance
Illinois record budget standoffended July 6with legislative Democrats, joined by a handful of Republicans, approving a $36 billion spending plan for the fiscal year that began July 1, which is underpinned by a 32 percent hike in the state income tax rate. Enactment came July 6 over the objections of Republican Gov. Bruce Rauner, who two days earlier hadvetoed the budget. Even with the (House Speaker Michael) Madigan permanent 32% income tax increase, this budget remains $2 billion out of balance for fiscal year 2018, Rauner wrote in his July 4 veto statement. More than two months later -- after a summer in whichtension over school fundingmade the budget debate seem a faint and distant memory -- Rauner has revived his claim that the Legislature has placed the state on a path to fiscal doom. Even with a permanent income tax increase costing the average Illinois household more than $1,000 a year, the budget is more than $1 billion out of balance, Rauner said in aSept. 7 press release. However, his office cautions not to read too much into the downward revision of the unbalanced budget claim from $2 billion in July to $1 billion now. The difference, the administration says, is due to technical reasons and doesnt mean the budget is in better shape than the governor originally asserted. The not-so-subtle subtext of Rauners claims in both his July veto message and his renewed criticism is that Democrats significantly jacked up taxes to impose a woefully deficient budget. Unpacking the governors argument requires a trip into the weeds of budget minutia, not to mention a detour into political hypocrisy. When it comes to budgeting, Rauner has been clearly guilty of some of the same sins he is now complaining about. But being inconsistent and being wrong arent necessarily the same thing. Is Rauner correct that the General Assembly has produced a budget deeply in the red? We took a look at the numbers. TheIllinois Constitutiondefines a budget as balanced when spending doesnt exceed funds estimated to be available for the fiscal year. But estimated has given politicians license to stretch or shrink their definition of balanced to suit their needs. The Civic Federation, a Chicago-based government fiscal watchdog, noted in aSept. 7 analysisthat the budget as passed on July 6 -- which contained a $360 million operating surplus -- met the textbook definition of balanced. On paper, the budget enacted by the General Assembly on July 7  in an override of another gubernatorial veto  has a modest surplus, noted the federations Institute for Illinois Fiscal Sustainability. But the budget is built on assumptions and making it work will depend on whether Rauner and the General Assembly can make those assumptions hold up, said Civic Federation President Laurence Msall. Governor and ILGA should work together to create credibility of States FY2018 surplus for borrowing plan to proceedhttps://t.co/thNHqFGLBK Two of those assumptions form the bulk of Rauners claim that the budget is in the red by more than $1 billion. The first involves a Rauner-driven change in state pension options that Democrats came to embrace. Referred to as Tier 3, it gives state workers a choice to divert some of their traditional benefits into a 401(k) style savings plan. The budget enacted over Rauners veto projects Tier 3 will save $500 million this fiscal year. But Rauner spokesman Jason Schaumburg said savings from this plan wont happen during this budget year. And Illinois Teachers Retirement System Executive Director Dick Ingramtold the Better Government Associationthat TRS anticipates an effective date of July 1, 2019, for the new plan. That means savings wont show up until FY 2020. This validates a significant part of Rauners out of balance claim, but the irony here cant go unmentioned. The $500 million savings figure in the current budget came from an estimate originally presented in Raunersill-fated budget proposalfrom last February. That budget also contained $4.6 billion in phantom money identified only as Working together on grand bargain. And it washardly the only timeRauner has pushed a budget full of the same sort of holes he now condemns. Thefirst budget Rauner proposed in 2015anticipated $2.2 billion in savings from a sweeping overhaul of pensions that at the time was of questionable constitutionality and was soon rendered invalid by the Illinois Supreme Court. TheSept. 7 press releasein which Rauner made his claim about the budget imbalance also announced that the state would issue $6 billion in bonds to pay down part of the$16 billion bill backlogthat accrued during the budget impasse of 2015-2017. The Illinois Comptrollers Office said at the end of FY 2017 that the state was paying late payment penalties of 9 and 12 percent on $5.5 billion contained in the backlog. This costs the state about$2 million a day, according to the comptroller. By borrowing, the state can lower that rate by up to half while also getting payment quickly to creditors. Thus, the budget enacted in July contained a provision empowering the governors office to borrow up to $6 billion for this purpose. But as the Civic Federation noted, the small projected budget surplus was estimated to support only $3 billion in borrowing capacity. Rauner was more pointed in his press release: (A) $6 billion issuance would require 12 annual principal payments of $500 million, plus interest payments depending on the interest rate. The legislature-passed budget did not account for the increase in debt service costs to cover the bill backlog bond issuance. Schaumburg put the total figure at $600 million annually, which roughly squares with the Civic Federations statement. The governor's office is identifying several hundred million dollars in possible spending reductions to address this budgetary shortfall, Rauners press release said. The governor also would like the General Assembly to return to Springfield this fall to work with him to balance the budget and enact structural reforms that could save much more. But one of the budgets chief architects, Rep. Greg Harris, D-Chicago, said Rauner is trying to make a crisis from what should be a source of fiscal relief. Though the budget gives the governors budget office the authority to borrow up to $6 billion, Rauner need not do it all at once. If the administration borrows $3 billion and uses it to pay down outstanding Medicaid bills, it will get $3 billion in matching funds from the federal government that can go toward paying down the backlog, Harris said. A huge portion of the bills are Medicaid, Harris said. Thats money thats just sitting there. Medicaid bills make up $4.1 billion of the $16 billion backlog, according to the Illinois Comptrollers Office. But an even bigger chunk of the backlog comes from bills owed to providers in the State Employee Group Insurance Program. In itsMay monthly report, the General Assemblys Commission on Government Forecasting and Accountability said the state owed $4.65 billion in group health insurance payments plus $462 million in late fees. The comptrollers office now estimates group health insurance costs make up $5.1 billion of the total backlog. The Civic Federation report also emphasizes that the $360 million surplus claimed in the budget (and disputed by Rauner) is fragile at best. It is built in large part on proceeds of $240 million from the sale of the James R. Thompson Center in Chicago. The sale of the 17-story behemoth in the heart of Chicagos Loop has been stymied by political fighting ever sinceRauner first proposed itin October 2015. The (budget) surplus could be reduced if it takes longer than expected to find a buyer or if the structure is sold for less than the projected price, the report says. Rauners office also complains that new revenue projections provided in August by the Illinois Department of Revenue to the Governors Office of Management and Budget show more trouble ahead. The General Assemblys budget was based on an earlier revenue projection from April, but FY17 revenues continued to underperform for the remainder of FY17, Schaumburg said. As a result, the GOMB estimate is $500 million lower than the General Assemblys FY18 revenue estimate. This argument, however, ignores the budget-making calendar in the Illinois Constitution, which puts a May 31 deadline on passing a budget with a simple majority in the Legislature. The tone of Rauners news release makes clear that there will be tension in Springfield in the months to come as lawmakers work to, as Msall puts it, make the budgets assumptions hold up. This is not an unfamiliar position for Rauner and the Legislature, even though for the entirety of Rauners term they have yet to agree on a full budget. In March 2015, state government faced the prospect of running out of money unless the governor and lawmakers closed a gap of $1.6 billion. Working together, Rauner and the Legislature hammered out a solution that appeared, briefly, to signal good things for future bipartisan cooperation. Then as now, the effort involved salvaging an existing budget. Thats a departure from the two fiscal years in between, when government operating without any budget controls ran up the $16 billion bill backlog. Gov. Bruce Rauner said Illinois current operating budget is is more than $1 billion out of balance The head of the Illinois Teachers Retirement System confirms Rauners claim that the new pension plan expected to generate $500 million in anticipated savings wont be enacted during the current fiscal year (or even the next one). The Civic Federation reports that the small surplus in the budget will finance only $3 billion of the $6 billion Rauner plans to borrow. But putting $3 billion toward past-due Medicaid bills would generate $3 billion in federal matching funds -- something Rauner has not discussed. Failure to sell or get the expected price for the Thompson Center are possible scenarios that could further imperil the budget. Some of the assumptions identified as sources of the trouble originated in Rauners own budget, a fact that Rauner does not acknowledge and that needs to be considered here. Whether or not the imbalance reaches more than $1 billion is debatable, but Rauner is correct that there remains much work to do. We rate his statement Mostly True.
On Aug. 5, 2023, Jim Ferguson, a former candidate for a seat in British Parliament whose social media presence is steeped in false conspiratorial claims, posted to X, the social media outlet formerly known as Twitter, a message about the state of 5G cellular technology in Russia: false conspiratorial claims about  Citing an article from a purported Bangladeshi news website named dainikbidyaloy.com, Ferguson suggested that Putin had "ban[ned] 5G across Russia'' and "destroy[ed] All [5G] Towers," suggesting this "massive step" likely meant Russia knows something negative about the technology that the West does not. 5G is a cellular technology that operates at a higher frequency band than 4G and can carry more data as a result. an article cellular technology Dainikbidyaloy.com is not, in fact, a credible source of information. It is a website that republishes content that originated on Real Raw News, a prolific source of disinformation. that republishes Real Raw News The story Ferguson shared to nearly a million people originated on Real Raw News on Aug. 5, 2023  a site with a satire disclaimer  andasserted that Putin had ordered the end of 5G in Russia and that he even publicly executed a tech executive over it: originated on Real Raw News asserted Russian President Vladimir Putin has banned 5G towers in the Russian Federation amid concerns the technology is medically unsafe and has caused the deaths of school children near St. Petersburg. His mandate wasn't well-received by the Telecom executives. MTS Vice President of 5G Infrastructure Borya Vlasov said the absence of 5G would put Russia at a technological disadvantage, adding that Russia needed 5G to strengthen a once-thriving economy now faltering thanks to Putin's actions in Ukraine. [...] Putin ordered the security agent beside him to shoot Vlasov squarely between the eyes. Without hesitation, the agent drew his Makarov pistol and put a bullet in Vlasov's forehead in full view of 15 people. Real Raw News carries a disclaimer on its "About Us" page that says "Information on this website is for informational and educational and entertainment purposes" and that it "contains humor, parody, and satire. a disclaimer In reality, Russia is working to expand 5G access and reduce a technology gap created by the retreat of western telecom technology since the full-scale invasion of Ukraine by Russia in February 2022. In a speech made in June 2023, Russian Prime Minister Mikhail Mishustin reiterated Putin's plans in the area of "technological sovereignty," which explicitly called for the creation of Russian-made 5G base stations: a speech The disruption of foreign telecom equipment supplies is posing certain challenges, especially in the mobile segment, where Western solutions were traditionally used. To speed up the transition to Russian base stations for LTE and 5G, the Government and market participants have adopted a roadmap for the development of modern networks. It includes several state support programmes, including 3.5 billion roubles in subsidies for the manufacture of the required high-tech devices to be allocated this year. On Aug. 6, 2023, Andrey Zarenin, the deputy minister of digital development, telecommunications, and mass media of the Russian Federation, also spoke of forward progress on 5G technology at a conference of telecom leaders, according to a news release from that ministry. forward progress About Us | Real Raw News. https://realrawnews.com/about-us/. Accessed 7 Aug. 2023. Baxter, Michael. "Putin Bans 5G across Russia, Destroys All Towers." Real Raw News, 5 Aug. 2023, https://dainikbidyaloy.com/2023/08/05/putin-bans-5g-across-russia-destroys-all-towers/. Digital Development, Telecommunications and Mass Media of the Russian Federation. Andrey Zarenin Represented Russia at the Ninth Annual Meeting of the BRICS Ministers of Communications. 23 June 2022, http://government.ru/en/news/48806/. Mikhail Mishustin Held a Strategic Session on the Telecommunications Industry Development until 2035. 7 Aug. 2023, http://government.ru/en/news/48806/. "Privacy Policy for The People's Voice." Real Raw News, https://dainikbidyaloy.com/privacy-policy-for-the-peoples-voice/. Accessed 7 Aug. 2023. Putin Bans 5G across Russia, Destroys All Towers | Real Raw News. https://realrawnews.com/2023/08/putin-bans-5g-across-russia-destroys-all-towers/. Accessed 7 Aug. 2023. "What Is 5G? - How Does 5G Network Technology Work." Cisco, https://www.cisco.com/c/en/us/solutions/what-is-5g.html. Accessed 7 Aug. 2023. Correction [Aug. 16, 2023]: This story has been updated to reflect that RealRawNews denies any connection with dainikbidyaloy.com. The item reproduced below originated as an e-mail sent to radio talk show host Rush Limbaugh in July 2010 by Dr. Sebastian J. Ciancio, a urologist practicing in Danville, Illinois. In that e-mail, the doctor encouraged the radio host to "share this story with your listeners so that they know how the ruling class spends their tax dollars." In this example collected from the Snopes inbox in August 2010: I was speaking to an emergency room physician this morning. He told me that a woman in her 20's came to the ER with her 8th pregnancy. She stated "my momma told me that I am the breadwinner for the family." He asked her to explain. She said that she can make babies and babies get money for the family. The scam goes like this: The grandma calls the Department of Children and Family Services and states that the unemployed daughter is not capable of caring for these children. DCFS agrees and states that the child or children will need to go to foster care. The grandma then volunteers to be the foster parent, and thus receives a check for $1500 per child per month in Illinois. Total yearly income: $144,000 tax-free, not to mention free healthcare (Medicaid) plus a monthly "Link" card entitling her to free groceries, etc, and a voucher for 250 free cell phone minutes per month. This does not even include WIC and other welfare programs. Indeed, grandma was correct in that her fertile daughter is the "breadwinner" in the family. Variations: In December 2010 the following photograph was added to circulating versions of this item, even though the pictured family has no connection to the story and no mention of race appeared in the original text:  In 2014, the setting was moved from Illinois to Florida. The gist of this "story" is the claim that an Illinois woman who was pregnant with her eighth child (while still in her 20's) admitted to an emergency room physician that she was deliberately having children and giving them up to foster care in order to earn money for her family, with her grandmother volunteering to raise the children and collecting $1,500 per month from the state for each child, for an annual tax-free income of $144,000 (plus additional benefits). Is the story true? It's a second-hand account, and Dr. Ciancio declined to identify the physician who supposedly told it to him, which makes verification of that aspect of the tale difficult. Nonetheless, whatever a pregnant patient may have told an unnamed emergency room physician, the scenario described simply isn't possible. According to payment rates published by the State of Illinois' Department of Children and Family Services (DCFS), monthly payments for licensed relative home care range from $384 to $471 per child, depending upon the age of the child: payment rates  The maximum monthly payment (for a child age 12 and over) is $471 per month, not $1,500 per month, so the largest amount of money a foster parent caring for eight children would receive in a month (assuming all of those children were at least 12 years old) would be $3,768, for an annual total of $45,216  a far cry from the $144,000 yearly income claimed above. (And even the $45,216 figure is a generous projection, given that it's an obvious impossibility for a woman who is pregnant with her eighth child to already have eight children all over the age of twelve.) Pickel, Mary Lou.  "Tea Party at the Capitol."
  The Atlanta Journal-Constitution.  28 February 2009. In March 2020, the prospect of the U.S. government's sending out $1,200 stimulus checks to individual taxpayers as part of a $2 trillion emergency economic package for dealing with the COVID-19 coronavirus disease pandemic created a prime opportunity for grifters who engage in scams that involve luring victims by mailing checks to them. In particular, one several-year-old, check-scam warning was widely recirculated via social media:  Such warnings served a useful purpose in alerting many viewers to be wary of receiving checks in the mail from unexpected sources. However, they also poorly served audiences in misstating how the underlying scams connected with those checks work. It is not the case, as claimed in the warning reproduced above and in the following news clip, that the scammers who mail out these checks "do this in hopes of getting your account information when you deposit the check," and then using that information to clean out your bank account:  A little common sense would be relevant here: If your simply depositing a check provided the sender of that check with the means to obtain your personal banking information and drain your bank account, it would be unsafe for any bank customer to ever deposit any check  and clearly that is not the case, as millions of people maintain checking accounts without regularly falling victim to scammers. All such check scams have two essential components: 1) Scammers mail out counterfeit checks (often made out in the names of real organizations) to lure their victims into believing they are receiving money. 2) Scammers instruct their victims to send back some of the funds they supposedly received from depositing the fake checks (usually via wire transfer, Western Union, PayPal, or gift cards). The scammers count on the fact that funds from deposited checks are often made available to bank customers before the banks can confirm that the checks are authentic and have cleared. The victims of these scams, mistakenly believing they have received "free money" once they have deposited their fake checks, are then usually receptive to sending some of that money back to the scammers for some legitimate-sounding purpose. But by the time the victims' banks discover the deposited checks were bad, the scammers already have the money their victims forwarded to them, and the victims are stuck paying all of those funds back to their banks: deposited checks The person running the scam convinces a victim to cash a check and then send, via wire transfer, a portion of the money to another location. The portion kept by the victim can be called payment for a job, part of a commission, or a prize. However, the check turns out to be a very convincing fake. Banks in the United States are required to make funds available within a few days, but it can take weeks for a fraudulent check to be discovered. This means the wire transfers will happen long before the bank, or the victim, discovers that the initial check was fake. This scheme is effective because many consumers aren't fully aware of how the check-clearance process works: check-clearance Unfortunately, the term clear sometimes gets used prematurely. An item has cleared only after your bank receives funds from the check writers bank. Bank employees might tell you that a check has cleared, and your banks computer systems might show that you have those funds available for withdrawal, but that doesn't necessarily mean you can spend the money risk-free. In many cases, when a bank employee tells you an item cleared, they are saying you can spend that money with your debit card, withdraw cash from an ATM, or set up a payment online. Most of the time, this informal terminology is fine because funds typically arrive as expected. Most of the confusion around checks comes from bank policies and federal laws that allow you to spend money before a check really clears. Banks are required to make a portion of your deposit available quickly -- usually the first $200 or, on certain official checks, $5,000 -- and they might need to release the remaining funds after several business days. But that policy might prematurely provide access to the money. It does not mean the funds successfully arrived from the check writers bank. If a check bounces, the bank reverses the deposit to your account -- even if you already spent some or all of the money from that deposit. If you don't have enough money in your account to cover the reversal, you end up with a negative account balance, and you could start bouncing other payments and racking up fees. Ultimately, you are responsible for deposits you make to your account, and youre the one at risk. The lures that scammers use to dupe their victims into sending them the illusory proceeds from the depositing of counterfeit checks are many and varied: o Mystery Shopping Scam: Scammers engage victims to act as "mystery shoppers" by making purchases from various vendors in order to rate their service. The scammers then send out counterfeit checks to their victims, instructing them to keep a portion of the funds to cover the costs of purchasing and returning the goods and to compensate them for their time, then wire back the rest of the money. o Reshipping Scam: Scammers engage job-seekers to act as work-at-home re-shippers, receiving (possibly stolen) goods and sending them on to other locations. Then the counterfeit checks those re-shippers are sent to compensate them for their efforts and to reimburse them the shipping charges they incurred bounce, and they're left holding the bag. o Payment-Processing Scam: Scammers hire job-seekers to work as payment processors. The victims are instructed to open business accounts in their own name, deposit (counterfeit) checks sent to them into those accounts, then disburse the deposited funds as directed by the scammers. When the business account overdraws because the deposited checks are fake and bounce, the victim is on the hook for making restitution to the bank. o Windfall Scam: Scammers send out counterfeit checks that they declare are the proceeds from an inheritance, lottery win, or some other type of prize giveaway. Recipients are instructed to deposit the checks and return a share of the money to cover processing fees, shipping and handling charges, legal fees, taxes, or other charges. o Online Sales Overpayment Scam: Scammers agree to purchase items that have been advertised for sale or auction online, then send out counterfeit checks for greater than the sale price and ask the victims to refund the overpayments. o Rental Scams: Scammers respond to ads seeking roommates or tenants, send a check to cover the rent plus a little extra, then ask that the overpayment be forwarded to another party to cover moving expenses. As the U.S. Federal Trade Commission succinctly describes such scams: describes Fake checks drive many types of scams  like those involving phony prize wins, fake jobs, mystery shoppers, online classified ad sales, and others. In a fake check scam, a person you dont know asks you to deposit a check  sometimes for several thousand dollars and usually for more than what you are owed  and wire some of the money back to that person. The scammers always have a good story to explain the overpayment  theyre stuck out of the country, they need you to cover taxes or fees, you need to buy supplies, or something else. But by the time your bank discovers youve deposited a bad check, the scammer already has the money you sent, and youre stuck paying the rest of the check back to the bank.  The best way to avoid falling victim to such scams is not to cash or deposit checks for people you do not know, not to wire money to people you do not know, and not to spend funds from large checks you have deposited until you have verified with your bank that those checks have fully cleared. Brunelli, Laureen Miles.  "How to Recognize a Fake Check Scam."
  The Balance.  11 November 2019. Pritchard, Justin.  "Did That Check Really Clear?"
  The Balance.  24 February 2019. Tressler, Colleen.  "Anatomy of a Fake Check Scam."
  Federal Trade Commission.  5 September 2018. Loftsgordon, Amy.  "Fake Check Scams Target Job Seekers."
  Lawyers.com.  Accessed 2 April 2020. After the Dow Jones Industrial Average lost a historic 1,175 points in a single day in February 2018, the left-wing Facebook page Occupy Democrats was keen to point out a trend. In a 6 February meme, the page listed what it called the "Biggest One-Day Drops in Dow Jones History," along with the name of the U.S. president in office at the time of each point drop. meme According to the meme, each of the largest drops occurred during the presidencies of Donald Trump and George W. Bush -- both Republicans. The meme concluded: "Share this for your friends who STILL think Republicans are GOOD for the economy!"    The meme correctly lists the seven biggest one-day points drops in Dow Jones history, which all took place during the tenure of two Republican presidents, though it leaves out the eighth, ninth and 10th, which occurred with Democrats Bill Clinton and Barack Obama in the White House. The main problem with the meme, however, is that its conclusion (that the numbers show which president is good for the economy) overstates the influence of a president -- as opposed to macro-economic and geopolitical forces -- on stock market trends. In fact, one-day losses and gains can sometimes happen despite the policies and efforts of the person in the Oval Office. For example, many commentators attributed the 29 September 2008 points drop -- the second-biggest ever -- to the U.S. House of Representatives' failure to pass a $700 billion bank bailout bill, which President George W. Bush had pushed for.  many commentators attributed Even if one simply wanted to examine during which presidencies the Dow suffered largest single-day losses, looking at the largest point drops wouldn't be the way to do it. As the stock market has grown in value over the last century, large point drops have become more common, even if their impact on the overall market value isn't particularly great. To get a clearer picture of the impact of these drops, one would have to measure the drop in percentage terms, rather than points.  Biggest one-day percentage losses (Sources: Wall Street Journal's Market Data and Yahoo! Finance's downloadable Dow Jones data) Market Data data Five of these 10 events took place during the era of the Great Depression, and all but one occurred during the tenure of Republican presidents.  However, if one were to insist on linking the occupant of the White House to the performance of the stock market, a better way to do it would be to track the average performance of the Dow Jones over the entire course of a presidency, rather than looking at one-day outliers in isolation.  To illustrate this, we looked at the average performance of the Dow over the course of the last nine presidential terms. We used Yahoo! Finance data for this, which only goes back as far as 29 January 1985, so we're missing figures for the first week or so of Ronald Reagan's second administration.  Average one-day percentage change in Dow Jones Average Industrial Index, Last Nine Terms   So while Donald Trump's presidency did see the largest one-day points drop in Dow Jones history, it has also seen the biggest average one-day percentage growth since 1985. However, this is based on only 12 months of data, and the next three years could see that 0.09 percent growth rate drop.  The biggest average daily percentage growth over the course of a four-year presidency was 0.08 percent, during Bill Clinton's first administration between 1993 and 1997. Market Data Center. "U.S. Stocks -- Historical Index Data."
 Wall Street Journal. 30 December 2011. Yahoo! Finance. "Dow Jones Industrial Average -- Historical Data."
 Yahoo! Finance. 6 February 2018. CBS News/Associated Press. "Stocks Take Record Tumble, Down 777 Points."
 CBS News/Associated Press. 29 September 2008. Twin, Alexandra. "Stocks Crushed."
 CNN Money. 29 September 2008. Bajaj, Vikas; Grynbaum, Michael M. "For Stocks, Worst Single-Day Drop in Two Decades."
 New York Times. 29 September 2008. Romans, Christine. "Remembering the Worst Day in Wall Street History."
 CNN Money. 19 October 2017. On 12 February 1993 two-year-old James Bulger was brutally murdered by Jonathan (Jon) Venables (10) and Robert (Bobbie) Thompson (10) in Liverpool, England.  Example: On February 12, 1993 a small boy who was to turn three in March was taken from a shopping mall in Liverpool by two 10 year old boys. Jamie Bolger walked away from his mother for only a second and Jon Venables took his hand and led him out of the mall with his friend Robert Thompson.  They took Jamie on a walk for over 2 and a half miles, along the way stopping every now and again to torture the poor little boy who was crying constantly for his mommy. Finally they stopped at a railway track where they brutally kicked him and threw stones at him and rubbed paint in his eyes and pushed batteries up his anus. They then left his beaten small body on the tracks so a train could run him over to hide the mess they had created.  These two boys, even being boys, understood what they did was wrong, hence trying to make it look like an accident. This week Lady Justice Butler-Sloss has awarded the two boys anonymity for the rest of their lives when they leave custody with new identities.  We cannot let this happen. They will also leave early this year only serving just over half of their sentence. One paper even stated that Robert may go on to University.   They are getting away with their crime. They need to pay, and we have to do something to make them pay for their horrific crime. They took Jamie's life violently away, and in return they get a new life. Please add your name and location to the list and forward to friends and family. Please copy this email instead of forwarding so we do not get > at the beginning of sentances.  If you are the 200th person to sign please forward this email to st.ser.cs@gtnet.gov.uk attentioning it to Lady Justice Butler-Sloss. Then start the list over again and sent to your friends and family.  The Love-Bug virus took less that 72 hours to reach the world. I hope this does too. We need to protect our family and friends from creatures like Robert and Jon. One day they may be living next to your and your small children without your knowledge. If Robert and Jon could be so evil at 10, imagine what they could do as adults? With only one exception (the batteries in the victim's anus  they went into his mouth) the details of the crime as outlined in the e-mail are accurate. The boy was taken from a shopping mall while there with his mother. (A video surveillance camera captured footage of the two killers leading James away.) The child was brutalized as he was forced to walk along with the boys. (Witnesses later reported seeing the boys dragging, pushing, and carrying the weeping-two-year old during a disjointed journey through the streets of Liverpool.) And they did kill him in the manner described, albeit more brutally than even the text of the e-petition lets on. Two days after the murder, James' remains were found on a lonely stretch of railroad track. He was naked from the waist down  his shoes, socks, trousers, and underpants had been taken off. His penis had been manipulated by his abductors, but he had not been anally penetrated (by batteries or anything else). He'd been beaten to death with rocks, bricks, and an iron bar. As the boys hammered at him, they splattered him with model airplane paint stolen days earlier. Once he was dead, his killers laid him on the tracks, and his body was cut in two by a passing train. (The killers hoped to hide their crime by having it mistaken for an accidental death of a young child who'd foolishly played on the tracks.)  Venables and Thompson were taken into custody a few days later. Each sought to blame the other for the killing, but both eventually confessed. They were tried, found guilty of murder, sentenced, and placed in separate detention homes. The killers have not seen each other since the trial. All this is true. And horrifying. Yet even so, there's no point in signing the petition or urging others to. Beyond all the usual problems with e-petitions, one issue specific to this case rules against the utility of such a plan: the situation being decried is already a done deal. On 8 January 2001, the High Court of England guaranteed both Venables and Thompson lifelong anonymity plus an unprecedented open-ended injunction barring any publicity about them. Each of these young men were released in June 2001 when they were 18. The e-mail states that two killers "will also leave early this year only serving just over half of their sentence." That statement is false. Although there is no theoretical maximum length of sentence imposed, a minimum sentence of 8 years had been set. And that 8-year minimum was satisfied. The boys were detained "at Her Majesty's pleasure" (without a maximum fixed term). Her Majesty's Pleasure (HMP) sentences are imposed only in cases of murder and manslaughter committed by children under 18. In these cases, the judge sets a tariff (minimum term, defined as the period required for retribution and deterrence). Once the tariff has been satisfied, the prisoner is assessed on the basis of the likely risk he will pose to the outside community. Therefore, a killer sentenced to such a term is eligible for release once the tariff has been served, provided he does not impress the court as posing a danger to society. The judge at Venables' and Thompson's November 1993 trial set an 8-year tariff. In early 1994, Lord Taylor, then Lord Chief Justice, recommended increasing this minimum to 10 years. Michael Howard, Home Secretary, imposed a 15-year sentence on Venables and Thompson in July 1994, but his actions were ruled unlawful by the High Court, and the Court of Appeals in 1996, and struck down. Lord Woolf, the current Lord Chief Justice, ruled in 2000 that the killers' tariff was 8 years, a term that was reached on 21 February 2001. Venables' and Thompson's sentences were thus 8 years each, and they have been served. Had the sentences unlawfully imposed by Michael Howard been upheld, then the e-petition's claim about the killers' only having served "half their sentences" would be relevant. The anonymity guarantee and publication ban were set in place by Dame Elizabeth Butler-Sloss, president of the High Court's Family Division. She was convinced the pair would be genuinely at risk if their identities and locations were disclosed, hence her ruling. "Although the crime of these two young men was especially heinous, they have the right of all citizens to the protection of the law." She said people other than James Bulger's family "continue to feel such hatred and revulsion at the shocking crime and a desire for revenge that some at least of them might well engage in vigilante or revenge attacks." She may well have been right, especially in light of threats received. Dame Butler-Sloss banned the media from publishing any information leading to the identification or disclosure of whereabouts of Venables or Thompson, including photographs and descriptions of their appearance. She also banned, for 12 months, publication of information about their eight-year stay in local authority secure units. Even after that, confidential information relating to their treatment and therapy cannot be published.  The judge admitted she was aware the injunctions she imposed might not be fully effective outside England and Wales. She banned the domestic media from giving wider circulation to material from the Internet or media elsewhere if it was likely to breach the injunction.  Was it right for Venables and Thompson be protected from the public? Some said yes, that otherwise they'd have been torn limb from limb (and that would render society no better than those it would prosecute for such crimes), or that children (which the defendants were at the time of the Bulger murder) should not be held accountable for a crime  even a heinous one  in the same manner that we hold adults. Others said no, that the public had a right to know where potentially dangerous felons are, and others on that side of the fence laid claim to there being some crimes which cannot fully be expiated by time served. Jon Venables' reprieve from incarceration proved to be temporary when he violated the terms of his release by downloading and distributing indecent images of children and was returned to jail in March 2010. In July 2013 the U.K. parole board confirmed that Venables had been granted parole for a second time, although that body declined to provide details about when he would be released. In June 2006 the following related item began circulating: Hello friends I am just so angry, frustrated and really upset at what has happened at the Livingston Shopping Centre that I needed to let you all know the "truth" behind the mongrel murderer. About 3 yrs ago when I was working at the prison we found out that one of the boys (at the time aged about 12) that abducted James Bulger from a shopping centre in the U.K., then brutally raped and murdered him, had reached the age of 18 and had been sent out to Australia with a new identity for his family, etc. Long story short is that he was given the name of Dante Arthurs, his grandfather's name is Arthur Dante, and his family moved into a house in Canning Vale. When the prison staff got wind of this it was all supposed to be kept hushed up, it was some sort of prisoner exchange deal the Aust Govt set up. Soon after he got here he assaulted a 12 yrd old girl in a park in Canning Vale and consequently came to Hakea prison but for only about 6 weeks as they couldn't get enough evidence on him and the incident was brushed under the mat. His parents used to visit him and their photos were on the computers at work and I clearly recall seeing his mum at the Livingston shops one day. I even had his address and because I've got friends and family in the area, I felt I had a right to tell them, stuff the prisons!! I had even driven past his house in Lakeview Rise estate in Canning Vale! Anyway when this happened yesterday I said to Ron, it'd be interesting to see if it's that Dante Arthurs guy from the U.K. and sure enough today we find out that it is him. I am, along with a lot of others, absolutely furious that the mongrel arsehole was allowed to come here via the Govt in the first place and that he was allowed to appear to live a normal life!! Why haven't the police done something about this - he should not be allowed to breathe air, he is the scum of the earth. And tonight he would be sitting back in a comfortable cell in prison, having just had a reasonable hot dinner and be watching TV! That innocent little girl and her poor family will never ever be the same again - all because the piss weak Justice System and Govt allowed him to live in our country! There is a register for paedophiles so that the community are allowed to know where they're living and yet this piece of shit can live on our back door step with a new identity. People winge about illegal immigrants, what about this? It will be interesting to see what unfolds over the next few days, but I wouldn't be at all surprised if he's whisked out of the country in the same manner he was bought here, then again knowing our pathetic laws, we'll probably keep him here in our justice system, costing tax payers hundreds of thousands of dollars to feed and entertain him PLUS the do-gooders will believe in their minds that they can rehabilitate him! I was just going to type "sorry " but I'm not at all sorry for alerting my friends to something that should be publicly known. Stay safe, talk soon. This message refers to the rape and murder of 8-year-old Sofia Rodrigez-Urrutia-Shu in a suburban shopping center restroom in Canning Vale, Australia, on 26 June 2006.  A 21-year-old man named Dante Wyndham Arthurs was arrested and charged in connection with that case, and the message reproduced above claims Arthurs was also one of Jamie Bulger's killers, renamed and relocated to Australia after having served out his sentence as a juvenile in England (even though both of the principals in the Bulger murder were then at least 23 years old).  The British High Commission and Australian police have denied any link between the Sofia Rodrigez-Urrutia-Shu and Jamie Bulger killings: murder denied The British High Commission has ruled out claims that a man charged over the rape and murder of a Perth schoolgirl was one of two notorious English child killers. Perth police also denied that Dante Wyndham Arthurs, 21, of the Perth suburb of Canning Vale, was one of the killers of British boy James Bulger.  Clive Hunton, of the British High Commission in Canberra, said there was "no connection between the man arrested in Western Australia and the individuals involved in the James Bulger case." Arthurs was remanded in custody after appearing in Perth Magistrates Court charged with wilful murder, sexual penetration of a child and deprivation of liberty. He was charged following the discovery of the body of Sofia Rodriguez-Urrutia-Shu on the floor of a shopping centre toilet. The fact that Dante Arthurs was born in Australia (and was not an English immigrant using an assumed identity) has been confirmed by both his birth notice and the doctor who delivered him.  Also, his fingerprints do not match up with those of Jonathan (Jon) Venables or Robert (Bobbie) Thompson, the murderers of James Bulger. The e-mailed rumor quoted above was presented as if it were written by a prison officer.  According to the  West Australian, that message is being investigated by Australian authorities: The Department of Corrective Services has confirmed that an investigation was under way into an email claiming to be from a prison officer which was sent to thousands of people across Australia. 'The email appears to have come from outside the department,' a spokeswoman said. Nonetheless, rumors persisted that Robert Thompson and Jon Venables were relocated to Australia, and in May 2008 Australian MP Liz Cunningham raised the issue of investigating whether the pair had been accepted by Queensland authorities.   In March 2010, the BBC reported that Jon Venables (then age 27) was back in prison for after having breached the terms of his release. Image caption: Denise Fergus, the mother of murdered two-year-old James Bulger,  attends a press conference to launch an appeal to raise funds for bullied children on March 14, 2008 in Liverpool, England. The Red Balloon learner Centre bearing James Bulger's name will be a sanctuary for bullied children.  Adshead, Gary and Sean Cowan.  "Birth Doctor Scoffs at Arthurs Rumours."
  The West Australian.  30 June 2006. Burrell, Ian.  "Bulger Killers Are Granted Right to a Life of Anonymity."
  The [London] Independent.  9 January 2001  (p. 1). Dyer, Clare.  "Bulger Killers Close to Release."
  Manchester Guardian Weekly.  8 November 2000  (p. 7). Gartrell, Adam.  "Bulger Link to Killing Denied."
  The Advertiser.  29 June 2006. Giles, Darrell.  "Robert Thompson and Jon Venables Mystery."
  The [Queensland] Courier-Mail.  4 May 2008. Lowrie, Margaret.  "Two Boys Found Guilty in Bulger Murder Trial."
  CNN.  24 November 1993  (News; International; 12:24 pm ET). Rice, Robert.  "Home Secretary 'Acted Unfairly.'"
  [London] Financial Times.  31 July 1996  (UK News Digest; p. 7). Seamark, Michael.  "How Can the Law Give Secret New Lives to My Son's Killers?"
  [London] Daily Mail.  9 January 2001  (p. 1). Sereny, Gitta.  "Re-Examining the Evidence."
  The [London] Independent.  6 February 1994  (Sunday Review; p. 4). Sereny, Gitta.  "Approaching the Truth."
  The [London] Independent.  13 February 1994  (Sunday Review; p. 5). Tibbetts, Graham.  "Evil Child Killers Set for New Identities."
  The Mirror.  22 January 2001  (p. 5). Associated Press.  "Notorious U.K. Child Killer Jon Venables to Be Paroled Again."
  CBSNews.com.  5 July 2013. BBC News.  "James Bulger Murderer Jon Venables Returned to Prison."
  2 March 2010. news.com.au.  "'Sombre' School Mourns Murdered Girl."
  28 June 2006. On 15 February 2017, the web site ConservativeDailyPost.com published an inaccurate story bearing the headline, "Post-Emergency Report Concludes: CA Governor Directed Critical Dam Funds To Programs For Illegals," and reportingthat a nonexistent post-emergency report found that California governor Jerry Brown spent $25 billion on programs for undocumented immigrants rather than investing in fixing the Oroville Dam, leading to current dangerous conditions in Northern California: Despite warnings about the flood danger posed by the Oroville Dam twelve years ago, flaky California Democratic Governor Jerry Brown ignored the warnings in favor of spending $25 billion per year on illegal immigrants. Now the chickens are coming home to roost as rainstorms later in the week could cause the neglected portion of the dam to dump large amounts of water on downtown Oroville. Brown stands revealed as spending money on unlawful immigrants rather than protecting the more than 20 million farmers and residential consumers the dam provides water to. While it is true that environmental groups have been warning state and federal authorities about structural deficiencies at Oroville Dam since well before Brown took office, the dam and programs for undocumented immigrants are funded from separate budget sources, thus spending on one does not impact the other.Ted Thomas, spokesman for the California Department of Water Resources, told us: Lake Oroville is part of the State Water Project, which is owned and operated by the California Department of Water Resources. All of the construction, operation, and maintenance costs of the State Water Project are paid by the 29 public water agencies (known as the SWP contractors) that take delivery of water from the project. ConservativeDailyPost.com linked to an article fromtheWashington Times,which quoted conservatives critical of the California governor for failing to address issues with the dam while spending on programs for undocumented people and a high-speed rail project. The article cites others who said President Trump should help repair the dam, instead of building a new wall at the U.S.-Mexico border: Critics of Californias willingness to spend billions of dollars on high-speed rail and services for illegal immigrants were quick to draw parallels to the states failure to invest in the Oroville Dam. The cost of fixing the spillway alone is now $200 million. Charlie Kirk, founder of conservative student group Turning Point USA, fired off a meme Monday saying, California Governor Jerry Brown spends $25 billion per year to support illegal immigrants/I wonder how much Governor Brown spent to maintain the Oroville Dam? Others defended Mr. Brown, pointing out that the emergency spillway had never been used until this year and that the catastrophic rainstorms came as a shock, especially after five years of drought. Still others turned the crisis into an opportunity to blast Mr. Trump, saying he should repair the Oroville Dam instead of building a wall on the southern border. While the article doesn't say where Kirk's meme sourced its "$25 billion" figure, a 2014 study by immigrant reduction proponentsFederation for American Immigration Reform claimed that undocumented immigrants cost the Golden State $25.3 billion annually. The claim is questionable, however, because the group lumps U.S. citizens born to undocumented immigrants in with non-citizen children when estimating the cost of education: study Nearly half of those expenditures ($12.3 billion) result from the costs of K-12 education for the children of illegal aliens  both those illegally in the country and those born in the United States. Another major outlay ($2.1 billion) results from the need to provide supplemental English language instruction to Limited English Proficient students, many of whom are children of illegal aliens. Together, these educational costs are 57.1 percent of total expenditures.   What is true is that environmental experts have been warning officials since at least 2003 about the now-compromised spillway that is threatening to collapse and flood communities below. As early as 2003, Friends of the River, the Sierra Club, and the South Yuba River Citizens League have been warning state and federal officials that the spillway was unsound. In a 2003 letter, the groups wrote: We are concerned that the physical structure of the ungated spillway may not comport well with the exist well with the existing reservoir regulation manual that calls for use of reservoir surcharge space by utilizing the Dam's ungated spillway when appropriate... At present, the ungated spillway at Oroville Dam consists of a spillway lip only  and utilizes a hillside as the project spillway. Utilizing such a spillway has the potential to cause severe damage to the downstream hillside, project facilities, and downstream environments located in the path of the flood release... We do not believe that it is in the Departments best interest to pursue a relicensing strategy that might in practice reduce the effective flood control space at Oroville Dam. Rather, it would seem prudent to seek approval from FERC for modifications to the Dam such as the construction of a spillway below the ungated spillway lip that would allow Dam operators to operate the Dam consistent with the existing and desired flood operation rules without causing significant damages or disruption to project land and facilities. The Washington Post explains: In October 2005, as the Oroville Dam was going through a re-licensing process, the three groups filed a motion urging a federal regulatory agency to require state officials to armor the emergency spillway with concrete so that in the event of extreme rain and flooding, water would not freely cascade down and erode the hillside. The upgrade would have cost millions of dollars and no one wanted to foot the bill, said Ronald Stork, senior policy advocate for Friends of the River, one of the groups that filed the motion. When the dam is overfull, water goes over that weir and down the hillside, taking much of the hillside with it, Stork told The Washington Post. That causes huge amounts of havoc. Theres roads, theres transmission lines, power lines that are potentially in the way of that water going down that auxiliary spillway. Federal officials, however, determined that nothing was wrong and the emergency spillway, which can handle 350,000 cubic feet of water per second, would perform as designed and sediment resulting from erosion would be insignificant, according to a July 2006 memo from John Onderdonk, then a senior civil engineer for the Federal Energy Regulatory Commission. Eleven years later, flooding due to mid-February 2017 storms forced nearly 200,000 residents living in the dam's shadow to evacuate their homes. As of 16 February 2017, crews are working to shore up the structure as more heavy rain is expected in the coming week. Stork told us: We were told not to worry our pretty little heads and they just ignored the issue of throwing the hillside into the channel below, sayingthat would never happen. Mother Nature just demonstrated they were incorrect. Capshaw, Ron."Post-Emergency Report Concludes: CA Governor Directed Critical Dam Funds To Programs For Illegals."
The Conservative Daily Post.15 February 2017. Richardson, Valerie."California Spent on High-Speed Rail and Illegal Immigrants, but Ignored Oroville Dam."
The Washington Times.13 February 2017. Martin, Jack."The Fiscal Burden of Illegal Immigration on California Taxpayers."
Federation for American Immigration Reform.June 2014. Guerra, Kristine."The Government Was Warned That the Oroville Dam Emergency Spillway Was Unsafe. It Didnt Listen."
The Washington Post.14 February 2017. In late December 2020, a misleading online advertisement appeared to announce that Monica Lewinsky was dead and that her net worth stunned her family. It read: "Monica Lewinsky's Net Worth Stuns Her Family At Age 47. Monica Lewinsky Leaves Behind A Net Worth That Will Boggle Your Mind." appeared   However, this was not true. She is alive, and despite what the ad claimed, there was no indication in the resulting story that her net worth shocked her family. The ad was sponsored by the Therapy Joker website and was hosted on the Yahoo! Gemini advertising service. Readers who clicked the ad were led to a 430-page story with the headline: "The Biggest Hollywood Celebrities & Their Incredible Net Worth  Can You Guess Who Has The Biggest Bank Account?" Lewinsky's net worth appeared on page 417. This meant that readers had to click "Next Page" 417 times to reach the page for Lewinsky: page 417 Monica Lewinsky: Activist and TV Personality - $500,000 Monica Samille Lewinsky is a lady of many skills. This popular American television personality is also a successful fashion designer, activist, and a former intern at the White House. The papparazi constantly followed her and she was a regular face in the media during her time at the White House. However, she made up her mind to leave all that behind and went on to pursue a different career. Besides that, she has also authored the book, Monica: Her Story which added to her fame. The London School of Economics and Political Science alumni [sic] is now 47 years old and is a popular television personality. She took a lavish apartment on rent and had quite a luxurious lifestyle. Her fleet of cars includes a Mini Cooper and a Cadillac. We hope she has a professional financial advisor is coming to her aid as far as her banking is concerned. Currently, the media personality, activist, and fashion designer has retained her fame and we hope Lewinsky does the same for the money shes accumulated over the years. The page mentioned nothing about Lewinsky's purported death, nor did it present any information about her family being stunned by her net worth. The misleading advertisement and exceptionally lengthy article reflect a strategy known in the advertising world as "arbitrage." The Therapy Joker website's goal was to make more money from ads displayed on each of the 430 pages than it cost to lure readers with the initial "Monica Lewinsky's Net Worth Stuns Her Family" ad in the first place. The business and technology blog Margins defined "arbitrage" as "leveraging an inefficient set of systems to make a riskless profit, usually by buying and selling the same asset." Margins also referred to it as "the mythical free lunch that economics tells us does not exist." defined Lewinsky was a White House intern in the mid-1990s who became famous after her affair with former U.S. President Bill Clinton became a public scandal. In December 1998, Clinton was impeached by the U.S. House of Representatives. However, the Senate did not vote to convict and remove him from office. He served the remainder of his second term in the White House. impeached We previously covered similar misleading net worth stories for Sean Connery, Jaleel White, Richard Gere, Chuck Norris, Clint Eastwood, and Alex Trebek. Sean Connery Jaleel White Richard Gere Chuck Norris Clint Eastwood Alex Trebek Snopes debunks a wide range of content, and online advertisements are no exception. Misleading ads often lead to obscure websites that host lengthy slideshow articles with lots of pages. It's called advertising "arbitrage." The advertiser's goal is to make more money on ads displayed on the slideshow's pages than it cost to show the initial ad that lured them to it. Feel free to submit ads to us, and be sure to include a screenshot of the ad and the link to where the ad leads. submit ads to us In late March 2019, a photograph supposedly showing piles of "worthless" currency thrown into gutters in Venezuela circulated on social media, attached to comments blaming socialism for the phenomenon behind the striking visual. One popular posting on Facebook was captioned, "This is a street in Venezuela. That's money in the gutter. It's worthless. Welcome to socialism.": Facebook   This is a genuine photograph of worthless money dumped in the gutter of a Venezuelan street. However, the accompanying caption presents an oversimplification of the series of events that led to this currency's worthlessness and its discarding by Venezuelan residents. The economic collapse in Venezuela that began in 2013 is a complex matter which can't be attributed to any single factor. News outlets such as Bloomberg, the New York Times, and Fox News have cited a wide range of issues that led to the country's current economic crisis, including plunging oil prices, government corruption, political unrest, and socialist policies. That brew of unfavorable economic conditions has spawned massive hyperinflation which has greatly devalued Venezuela's currency, as the Washington Post reported in January 2018: Bloomberg New York Times Fox News reported Hyperinflation is disorienting. Five or six years ago, 500 bolivars wouldve bought you a meal for two with wine at the best restaurant in Caracas. As late as early last year, they wouldve bought you at least a cup of coffee. At the end of 2016, they still bought you a cup of caf con leche, at least. Today, they buy you essentially nothing ... well, except for 132 gallons of the worlds most extravagantly subsidized gasoline. Although hyperinflation has indeed caused the bolivar to become all but worthless, the caption on this viral photograph is a bit misleading. The money shown lying in the gutter in this picture is Venezuela's old currency, the Bolvar Fuerte, which was replaced by a new form of currency, the Bolivar Soberano, in August 2018.  When the Bolivar Soberano was introduced, Bolvar Fuerte currency in amounts less than 1,000 ceased to be legal tender, and Bolivar Fuerte currency in all amounts was completely withdrawn on 5 December 2018.   Hence the discarded money seen here was literally worthless not because it had no value, because it had been completely replaced by a newer currency and was no longer legal tender. Here's an excerpt from a CNN report about the switch in currencies: CNN Venezuela issued a new currency in an attempt to bolster its crumbling economy as the International Monetary Fund (IMF) warned that inflation could hit one million percent this year. The move, part of a dramatic raft of measures aimed at halting runaway hyperinflation, comes as thousands of Venezuelans continue to flee across the border into neighboring countries amid food and medicine shortages, political turmoil and soaring crime rates. In a tweet posted following the unveiling of Venezuela's new currency, the country's president Nicolas Maduro hailed the recovery package as a "revolutionary formula." The new "Bolivar Soberano" currency is worth 100,000 "old" Bolivares. "We found the revolutionary formula that puts work in the center of the general re-adjustment of society, based on the production of goods and the value of salary. With that, we're gonna put to rest forever the perverse model that dollarized the prices in the country," tweeted Venezuela's 55-year-old leader. "I call on the people to defend -- conscientiously -- the adjustment of the prices on street," Maduro later said in another tweet. A bank holiday was declared, with banks remaining closed as the new currency took effect. The rebranded currency, which has five fewer zeroes than the country's previous currency and will be pegged to a cryptocurrency called the Petro, is intended to simplify transactions. The viral photograph was likely taken on 11 March 2019 and showed the aftermath of looting at a bank in the town of Merida. Local news outlet Maduradas.com compiled several other photographs of the incident and reported that the perpetrators had discarded the old money on the streets and even lit some of it on fire (translated via Google): Maduradas.com TERRIBLE! Encapuchados saquearon banco Bicentenario en Mrida y esparcieron bolvares del viejo cono monetario por las calles (+Fotos) Este lunes 11 de marzo, encapuchados saquearon la agencia del banco Bicentenario en la avenida 3, de Glorias Patrias, en el estado Mrida. El hecho fue confirmado por el diputado de la Asamblea Nacional Williams Dvila, as como por el corresponsal de El Nacional en el estado Mrida, Leonardo Len. A travs de la red social Twitter, informaron que los ciudadanos esparcieron montones de billetes de viejo cono monetario en las calles, los cuales despus fueron incendiados. TERRIBLE! Hooded (vandals) sacked the bank Bicentenario in Merida and scattered bolivars of the old currency through the streets (+ Photos) On Monday, March 11, hooded (vandals) sacked the Bicentenario bank agency on Avenue 3, Glorias Patrias, in the state of Merida. The fact was confirmed by the deputy of the National Assembly Williams Dvila, as well as by the correspondent of El Nacional in the state of Mrida, Leonardo Len. Through the social network Twitter, they reported that citizens scattered piles of old money bills in the streets, which were then set on fire. Venezuelan journalists and social media users shared several other photographs of the scene: Ayer se produjo el saqueo de un banco bicentenario en la ciudad de Mrida, en las cercanas de la plaza Glorias Patrias. Los saqueadores incendiaron una pila de bolvares adems de dejar muchos billetes por el suelo. pic.twitter.com/7gmL7FqMYo pic.twitter.com/7gmL7FqMYo  Descifrando la Guerra (@descifraguerra) March 12, 2019 March 12, 2019  TERRIBLE! Encapuchados saquearon banco Bicentenario en Mrida y esparcieron bolvares del viejo cono monetario por las calles https://t.co/6U3kFuMHn5 #LiberenALuisCarlos,#12Mar,#solidarioservicios pic.twitter.com/QT0fP9ifaF https://t.co/6U3kFuMHn5 #LiberenALuisCarlos #12Mar #solidarioservicios pic.twitter.com/QT0fP9ifaF  EntornoInteligente (@ENTORNOi) March 12, 2019 March 12, 2019  #MeridaBanco Bicentenario en Merida fue robado, slo haban billetes del viejo cono monetario que terminaron tapizando las calles del centro de la ciudadVenezuela es realismo magico y tragicoSarai Suarez pic.twitter.com/lIeo2mpw70 #Merida pic.twitter.com/lIeo2mpw70  Nellie B. Izarza ? ???? (@myteks) March 12, 2019 March 12, 2019  In short, the "money in gutters" image shown above captured an older and now invalid form of currency that was tossed aside after the looting of a bank, and not usable currency discarded by citizens because it had been made next to worthless due to "socialism." Sterling, Joe.  "Venezuela Issues New Currency, Amid Hyperinflation and Social Turmoil."
  CNN.  23 August 2018. Toro, Franciso.  "In Venezuela, Money Has Stopped Working."
  The Washington Post.  17 January 2018. Llorente, Elizabeth.  "Caracas, Once a Thriving Metropolis, Is Struggling as Country Plunges Further Into Chaos."
  Fox News.  4 April 2019. The New York Times.  "The Crisis in Venezuela Was Years in the Making. Heres How It Happened."
  23 January 2019. Martin, Eric and Patricia Laya.  "What Broke Venezuela's Economy and What Could Fix It."
  Bloomberg.  9 March 2019. Maduradas.com.  "TERRIBLE! Encapuchados Saquearon Banco Bicentenario en Mrida y Esparcieron Bolvares Del Viejo Cono Monetario Por Las Calles (+Fotos)."
  12 March 2019. El Nacional.  "Billetes Inferiores a 1.000 Bolvares No Tendrn Valor a Partir del 20A."
  14 August 2018. 2001.com.ve.  "Bolvar Fuerte Circular Hasta el Mircoles 5 de Diciembre."
  Accessed 5 April 2019. Claim:  Dee Lee penned a screed opining that blacks 'don't read.' INCORRECTLY ATTRIBUTED Example:  [Collected via e-mail, January 2002]  Blacks Don't Read This is very deep, and unfortunately, very true! This is a heavvvvy piece and a Caucasian wrote it. THEY ARE STILL OUR SLAVESWe can continue to reap profits from the Blacks without the effort of physical slavery. Look at the current methods of containment that they use on themselves: IGNORANCE, GREED, and SELFISHNESS.  Their IGNORANCE is the primary weapon of containment. A great man once said, "The best way to hide something from Black people is to put it in a book." We live now in the Information Age. They have gained the opportunity to read any book on any subject through the efforts of their fight for freedom, yet they refuse to read.  There are numerous books readily available at Borders, Barnes & Noble, and Amazon.com, not to mention their own Black Bookstores that provide solid blueprints to reach economic equality (which should have been their fight all along), but few read consistently, if at all.  GREED is another powerful weapon of containment.  Blacks, since the abolition of slavery, have had large amounts of money at their disposal. Last year they spent 10 billion dollars during Christmas, out of their 450 billion dollars in total yearly income (2.22%). Any of us can use them as our target market, for any business venture we care to dream up, no matter how outlandish, they will buy into it. Being primarily a consumer people, they function totally by greed. They continually want more, with little  thought for saving or investing. They would rather buy some new sneaker than invest in starting a business. Some even neglect their children to have the latest Tommy or FUBU. And they still think that having a Mercedes, and a big house gives the "Status" or that they have achieved the American Dream.  They are fools! The vast majority of their people are still in poverty because their greed holds them back from collectively making better communities. With the help of BET, and the rest of their black media that often broadcasts destructive images into their own homes, we will continue to see huge profits like those of Tommy and Nike.  (Tommy Hilfiger has even jeered them, saying he doesn't want their money, and  look at how the fools spend more with him than ever before!). They'll continue to show off to each other while we build solid communities with the profits from our businesses that we market to them.  SELFISHNESS, ingrained in their minds through slavery, is one of the  major ways we can continue to contain them. One of their own, Dubois said that there was an innate division in their culture. A "Talented Tenth" he called it. He was correct in his deduction that there are segments of their culture that has achieved some "form" of success. However, that segment missed the fullness of his work. They didn't read that the "Talented Tenth" was then responsible to aid the Non-Talented Ninety Percent in achieving a better life. Instead, that segment has created another class, a Buppie class that looks down on their people or aids them in a condescending manner. They will never achieve what we have. Their selfishness does not allow them to be able to work together on any project or endeavor of substance. When they do get together, their selfishness lets their egos get in the way of the goal. Their so-called help organizations seem to only want to promote their name without making any real change in their community. They are content to sit in conferences and conventions in our hotels, and talk about what they will do, while they award plaques to the best speakers, not the best doers. Is there no end to their selfishness? They steadfastly refuse to see that "TOGETHER EACH ACHIEVES MORE (TEAM)! They do not understand that they are no better than each other because of what they own. In fact, most of those Buppies are but one or two paychecks away from poverty. All of which is under the control of our pens in our offices and our boardrooms.  Yes, will continue to contain them as long as they refuse to read, continue to buy anything they want, and keep thinking they are "helping" their communities by paying dues to organizations which do little other than hold lavish conventions in our hotels.  By the way, don't worry about any of them reading this letter, remember,  'THEY DON'T READ!!!!'  (Prove them wrong. Please pass this on!) Origins:  Our earliest sighting of this polemic which excoriates "buppies" and other blacks for their presumed lack of literacy and bling-motivated consumer choices dates to October 2001, when it appeared as an unattributed item in the New York Beacon, a newspaper that focuses on African-American issues. It subsequently arrived in our inbox in January 2002 prefaced by the claim that it had been  written by a Caucasian. In October 2002 we began receiving versions stating radio personality Dee Lee had read the item on air that morning on a New York station. (A "buppie," says the Urban Dictionary, is "A highly sophisticated and upper class black person. Usually a black city or suburban resident with a well-paid professional job and an affluent lifestyle: b[lack] + [y]uppie.") buppie While the question of who wrote the piece remains murky, we can rule out two people who have often been erroneously pointed to as its author. Radio personality Dee Lee, then of Philadelphia's Power 99 FM's "Dream Team" and Saint Louis' 100.3 "The Dee Lee Morning Show," firmly asserts he is neither the item's author nor did he ever read the piece on air. He said in a 28 January 2007 blog post that "I NEVER wrote nor read this article on NYC radio!!," adding that he "would in no way write or support such ignorance, especially degrading my own race." Dee Lee blog post Likely as a result of African-American radio jock Dee Lee's name having become attached to the screed, a Caucasian certified financial planner of the same name has been mistakenly pointed to as the source of the item. (The Internet-circulated piece, after all, always contained the claim that it had been written by a white person.) Dee Lee of Harvard Financial Educators, author of numerous books in the financial planning field, including Let's Talk Money, has seen the piece circulated with not only her name and business affiliation attached, but also her e-mail address and photo. She emphatically denies any association with the screed, stating "I did not author nor did I read the article in question on the radio." denies Although the actual author of the piece is still unknown to us, Dr. Arthur Lewin of the Black and Hispanics Studies Department at Bernard M. Baruch College of the City University of New York claims to have edited the article into its present form many years ago and titled it "They Are Still Our Slaves." However, pointing to him as the original author of the piece is problematic, given that he claims his involvement was limited to editing an item titled "How to Make an Economic or Ghetto Slave" into "They Are Still Our Slaves," which he states he "received" (but not how or from whom). As to what to make of the item, some analysts have expressed doubt that it was penned by a white racist, instead finding in the text reason to believe it the work of an African-American laboring to make a point. Said Tony Norman of the Pittsburgh Post-Gazette: "Besides its didacticism, this letter is full of the racial self-loathing that permeates much so-called 'uplift' literature these days. There is no substantive critique of a community's behavior here. It relies on stereotypes to make what are, at best, questionable points. It was, in all likelihood, written by a black person who was trying a little too hard to be 'deep' and righteous." Barbara "deeply disturbing" Mikkelson Last updated:  22 June 2010    Smokes, Saundra.  "E-Mail Decries Slave Mentality."   The [Syracuse] Post-Standard.  1 December 2002  (p. C2).    The New York Beacon.  "Negativity or a Wake-Up Call: They Are Still Our Slaves."   17 October 2001. On May 24, 2022, Facebook scammers seized on a real giveaway from Richard Rawlings' Gas Monkey Garage, which was once affiliated with the "Fast N' Loud" reality television series. The show aired its final episodes in 2020. Facebook Richard Rawlings Gas Monkey Garage Fast N' Loud It's true that the official and verified Facebook page for Rawlings' Gas Monkey Garage was promoting a giveaway for $200,000. In order to enter, users simply needed to purchase products on the company's website. page However, scammers reposted videos about the giveaway from the official Facebook page to their own accounts. The scammers' posts instructed potential victims to visit a potentially malicious website that asked them to send money through the Stash finance app in order to claim a supposed prize. One of the scammers' posts showed a video of Rawlings talking about the real Gas Monkey Garage giveaway. That video was downloaded and reposted by a scammer's account named Nyong Desi (facebook.com/uygdvuidfhvyfdgviushv):  It read as follows and included three steps, which we've seen in many scams before: Nyong Desi ????????????? ???????-??????? 2022 CONGRATULATIONS for those of you who have received comments from me have been selected as winners???Step 1 = Like and ShareStep 2 = Coments "Done"Step 3 = Register here? (link removed) ? to receive my prize. And the Gift will be sent after you successfully register (this is authentic and official) God bless you Good Luck The edit history for the post above showed that it was originally created on Jan. 30, 2022 as a giveaway scam involving PlayStation 5 game consoles and $10,000. It was edited on the morning of May 24 in order to change it to the Gas Monkey Garage giveaway scam. PlayStation 5 We visited the website that was displayed in the scammers' posts. In addition to asking users to send the scammers money through the Stash finance app, it also claimed that they had already won $10,000. Of course, this was all misleading. asking Our best tip to avoid these kinds of scams is to always look for the verified badge next to Facebook page names. If it's a big brand name and there's no verified badge, it might be a scam. scams verified badge In sum, the official Gas Monkey Garage Facebook page truly was holding a real giveaway. However, scammers sought to capitalize on the giveaway by downloading and then reposting several videos that showed Rawlings talking in order to trick potential victims into losing money. For further reading, this story might remind some readers of a similar Facebook scam we reported on in the past for the "Diesel Brothers" reality television series. reported on