Turn Your Dreams into Realities
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Turn Your Dreams into Realities |
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DEFINITION OF: BRIBERY
Bribe
n something given to influence unduly or corrupt the conduct,
allurement--v.t. to influence by a bribe; to gain over; v.i. to practice
bribery.
The act of taking rewards for corrupt practices; the act or paying or receiving a reward for a false judgment or testimony, or for the performance of that which is known to be illegal or UNJUST. It is applied both to the one who gives and the one who receives a bribe! WEBSTERS NEW TWENTIETH CENTURY DICTIONARY (1969)
Click here to send this web site to a friend. GIANT CLASS-ACTION SUIT &
GOVERNMENT INVESTIGATION.
"AIR MILES" IS A FRAUD AGAINST RETAILERS. IT MUST BE STOPPED! WE MUST JOIN TOGETHER IN A CLASS-ACTION SUIT TO RECOVER BILLIONS THAT AMERICAN EXPRESS, VISA, MASTERCARD, etc., HAVE BEEN STEALING FROM OUR PROFITS FOR THE PAST TEN YEARS WITH "AIR MILES". IT'S A CLEVER FORM OF: B R I B E R Y ! WE'LL MUST SEEK AN INJUNCTION TO STOP "AIR MILES" TOO.
Let's use, as
an example, the sale of a Rolex watch for $14,000 by a Beverly Hills
jewelry store to Mr. Famous Producer to see difference between payment by
check for the watch, or a sale influenced (bribed) by air mileage so that
the buyer decides to use his American Express Charge Card instead.
If Mr. Famous Producer hands the store manager a check, the store deposits it, and gets credit for the full $14,000 to its Bank Checking Account. But, when Mr. Producer says, John, heres my American Express card. I am going to take a trip to Europe next month and I can use the mileage, at that point the jewelry store has just been robbed, yes robbed, of $560! When his card is run through the machine, their bank account is credited with only $13,440! At that moment, air mileage effectively became a bribe, a bribe by American Express paid into the pocket of Mr. Producer, and a loss of profits for the jewelry store. If the Rolex watch cost them $8,000 and they expected a profit of $6,000, the suddenly found themselves with only $5,440. That cost them 9.3% of their gross profit! In the meantime, Mr. Producer went home, wrote out a check to American Express to pay for the watch and waited for his mileage credits to show up in the mail, chuckling to himself because he took advantage of the jeweler so easily (with the connivance of American Express, of course). That is the reason the Credit Card Cartel devised the plan, not to help the merchants, but to capture a larger percentage of their sales on plastic, and to profit at their expense. Hey, they just made $560 and didnt have stock a dimes worth of merchandise, nor put it out on display every day, advertise, stand and wait, cater to Mr. Producer, etc. Air Mileage has nothing to do with helping to increase business for merchants. It has everything to do with increasing the percentage of sales on plastic. It solely benefits the Credit/Charge Card Cartel. Will Mr. Famous buy two watches in order to get more air mileage? Dont ever think hes that stupid! The only ones stupid enough to swallow the BS that the innovators of this scheme sent out to all the newspapers around the country were...the nations financial writers, and they went for it hook, line and sinker. For simplification Ive used one large sale of $14,000. But, whether it is 1,000 sales of a $14.00 item, or 2,000 sales of a $7.00 item, the figures run pretty true to the costs. Air Mileage was concocted as a scheme to entice the consumer (Card-holder), while defrauding the Acceptor (merchant) to the benefit of the issuer (American Express) or any other credit card using the same story. It is that simple. All you have to do is to recognize the fact that the King has no clothes. Its an illusion, designed to fool the eye and the mind. There is another illusion connected to it though, that the Acceptors has no recourse, because of the terms of his contract with the banks involved. Thats where they made their mistake, because when they changed the terms, they opened up a can of worms. When they struck a deal with I.R.S., bagging more millions in fees, they left more wiggle room for enterprising attorneys who MAY want to enrich themselves at the expense of Citibank, Wells Fargo, American Express and a slew of others involved with the CCC. At that point, they showed us that we really can add those MDR costs to the amount of the sale! If IRS can, why can't we, the retail sellers do the same? Gentlemen Lawyers, start your engines! Click here to send this web site to a friend. Next page click here: www.howardsviews.com/Air Miles
Below is a copy of my letter to Kenneth Chenault, CEO of American Express Take time to write to the CEO of the major corporation involved in "stealing" your profits through bribery. You will, however, have no real chance of contacting one of them; they're so isolated from the real world with layers of subordinates that they may as well be Kings and Emperors. You definitely can't telephone them; in today's world they have shut themselves off from the public, from their clients, and from their business associates with "phone trees", and there is no way that you can get through any executives of consequence in a single major corporations today. Still, try to "Go to the top." Protest. Write, telegraph, or send an eMail to their CEO, Kenneth Chenault (now retired to an elegant life). Let him know how you feel. DAILY LOG: Dec. 19, 2002.Welcome to my
Website. There is a great deal of important information regarding charge
cards and credit cards here, and I hope that you will take the time to
read it through. Dec. 24, 2002. TAX AIR MILES! As Air Miles are 'cashed in' and used by cardholders, they should be reported to the IRS and taxed at the full cost of the air fare. This is probably the biggest, on-going tax fraud in history, and the IRS should be investigating it, changing their policy on Air Miles. Jan. 10, 2003 Taped another TV show yesterday. On Monday I will have more pictures of chains, chained to Visa, chained to American Ex-cess, chained to MasterCard on this Site. (See Daily Log at Bottom of Page for more, please) Jan. 10, 2002 Here in the little town of Solvang, CA I have interviewed scores of business owners. They all (now) see that Air Miles was introduced as a form of Bribery in order to defraud them, and they resent the way American Ex-cess, Visa, MasterCard and Discover are looting their bank accounts. Tomorrow I'll be taping another TV talk show and I vow to wear my Visa slavery chain throughout the program! I'll post a photo of it on this Website in a few days. Carl Pascarella, CEO of Visa USA, is determined to make cash and checks obselete. Well, I for one, say he's the last man in the world I would trust with the future of my country's finances, no more than I would have faith in the old time used car salesman down on the corner lot, or a real shyster lawyer with my Trust Fund. Imagine, giving up 4% of my gross profit on every sale to some dodo like that! Are we, as merchants, that stupid? I guess we are, because they've been shafting us royally for the past 10 years. MASTERCARD SETTLED DEBITCARD CLASS ACTION SUIT FOR $1 BILLION! VISA USA SETTLED DEBIT CARD CLASS ACTION SUIT FOR $2 BILLION! MAY 3, 2003 Click here to send this web site to a friend. JOIN NOW--The Grand-Daddy
of All Class-Action Law Suits!
THEY'VE STOLEN TENS OF THOUSANDS OF DOLLARS FROM EACH ONE OF US. LET'S SUE TO RECOVER IT. *Which lobbyists participated in selling this Bill to Contress, and how much money was thrown around Washington in the ten years it took to get it passed? What phoney figures were used, and how many lies were told by these Lobbyists? (ala Jack Abramoff, a covicted liar and thief).  Ancient machines, a
primative form of the Rack that tortures your Bank
deposits.
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