Well this isn't sketchy *at all*! Mike Johnson claims never to have had a bank account

mikeymikec

Lifer
May 19, 2011
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"Johnson raised eyebrows, to say the least, when he claimed to have never had a bank account but offered no additional explanation, and Libowitz and other watchdogs say the gaps in his financial disclosures are highly unusual."


Sketchy as fuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuck...
 
Dec 10, 2005
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A congressperson who never had a bank account? Right...

Anyone that believes that should come to my showroom - I have some lovely beachfront property to sell in New Mexico.
 
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iRONic

Diamond Member
Jan 28, 2006
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Several posts in several thread have already pointed this out.
 

MrSquished

Lifer
Jan 14, 2013
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there better be a small army of the best private investigators digging the hole to find out what corruption has been and is going on.

maybe mike johnson spends all his money to his younger gay lover...err...i mean son, as punishment for constantly watching more porn than the app they share to monitor each other allows? he pays all his salary in gay porn watching penalties?
 

sactoking

Diamond Member
Sep 24, 2007
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I just figure that he's in some sort of banking equivalent to a Healthcare sharing ministry where you don't actually "own" anything.
 
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Muse

Lifer
Jul 11, 2001
38,363
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Wait so no direct deposit from congress for how many years now?
It is hard to imagine. How is it possible? He what...? Cashes his checks and walks around with cash? Then stashes it home in a safe? Pays for everything in cash? Sounds like a complete Luddite. And he's 2nd in line for POTUS. I suppose he has some weird assistants. Wacko!
 
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Vic

Elite Member
Jun 12, 2001
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I believe OPM requires all federal employees, including members of Congress, to be paid direct deposit.
 

mikeymikec

Lifer
May 19, 2011
18,527
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It is hard to imagine. How is it possible? He what...? Cashes his checks and walks around with cash? Then stashes it home in a safe? Pays for everything in cash? Sounds like a complete Luddite. And he's 2nd in line for POTUS. I suppose he has some weird assistants. Wacko!
I don't know what it's like in America, but there are quite a few systems that will refuse to accept cash because it leaves no trail in the UK. It used to be the case that one could buy a mobile phone on a pay-as-you-go tariff without any evidence trail but even that's been shored up due to terrorism/organised crime concerns. Plenty of businesses want to see bank statements as evidence before you can procure some product or service from them. To get a mortgage, my bank obviously went through my bank statements but also wanted to see three years' worth of tax return data for my business.
 

Greenman

Lifer
Oct 15, 1999
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I don't know what it's like in America, but there are quite a few systems that will refuse to accept cash because it leaves no trail in the UK. It used to be the case that one could buy a mobile phone on a pay-as-you-go tariff without any evidence trail but even that's been shored up due to terrorism/organised crime concerns. Plenty of businesses want to see bank statements as evidence before you can procure some product or service from them. To get a mortgage, my bank obviously went through my bank statements but also wanted to see three years' worth of tax return data for my business.
I've never run across a retail outlet, supplier, vendor, or service provider that wouldn't accept cash. I was surprised when I moved to the South at how many people use cash almost exclusively. I usually have a couple hundred bucks on me, and a couple thousand at home. Some places around here charge a 4% fee if paying by card.
The only time I've had to produce a bank statement was for the mortgage on my home. One other business (an insurance company) demanded my bank statements for the entire year as part of an audit. I flatly refused.
 
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fskimospy

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Mar 10, 2006
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I've never run across a retail outlet, supplier, vendor, or service provider that wouldn't accept cash. I was surprised when I moved to the South at how many people use cash almost exclusively. I usually have a couple hundred bucks on me, and a couple thousand at home. Some places around here charge a 4% fee if paying by card.
The only time I've had to produce a bank statement was for the mortgage on my home. One other business (an insurance company) demanded my bank statements for the entire year as part of an audit. I flatly refused.
Plenty of places in NYC were going cashless before the city council banned the practice, which was a dumb idea as requiring cash is inefficient and less safe; you're not likely to stick up a store that has no cash, after all. I would say overall I probably spend $0 in cash in a regular month as 'cash only' places in NYC have significantly declined in the last 10 years.

Their issue was that some people don't have access to banking services so the practice discriminated against them. My thought was that rather than cling to the past we should just make sure everyone has access to banking services.

Regardless, Johnson does not say that he doesn't have a bank account, only that his only account pays no interest and so is not required to be reported. That being said, the idea that he also claims to have no retirement accounts and no other assets is almost equally alarming both ways. Either he's not reporting what he's required to or he's flat broke and vulnerable to untoward influence.
 
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Pens1566

Lifer
Oct 11, 2005
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I've never run across a retail outlet, supplier, vendor, or service provider that wouldn't accept cash. I was surprised when I moved to the South at how many people use cash almost exclusively. I usually have a couple hundred bucks on me, and a couple thousand at home. Some places around here charge a 4% fee if paying by card.
The only time I've had to produce a bank statement was for the mortgage on my home. One other business (an insurance company) demanded my bank statements for the entire year as part of an audit. I flatly refused.

Our University sporting events are entirely cash free, card only.

I hardly ever carry cash.
 
Nov 17, 2019
12,188
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I was at a doctor's office recently when another patient checked in. Their insurance plan had a $50 co-pay and the office would only accept cards, no cash or checks.

I'm not sure if the no cash policy has ever been tested in court given the 'legal tender' wording.
 

sactoking

Diamond Member
Sep 24, 2007
7,582
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I do know there are some non-Christian sects that ban all banking use. It was an issue we had to deal with when setting up our ACA exchange in the lead up to 2014.
 

kage69

Lifer
Jul 17, 2003
28,678
40,015
136

"Johnson raised eyebrows, to say the least, when he claimed to have never had a bank account but offered no additional explanation, and Libowitz and other watchdogs say the gaps in his financial disclosures are highly unusual."


Sketchy as fuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuck...

Someone get a Boof Kavanaugh payday? Or is it more like a long term pay off like Uncle Thomas has I wonder...

I hope they keep prying. All of these corrupt mofos need the spotlight on them.

Americans who call themselves evangelicals worship money. Hoarding wealth for themselves is so much a focus for these dishonest hypocrites they ignore their own bible regarding it. You simply cannot engage in modern day politics and finance without bank accounts. You'd have to be an idiot and morally bankrupt evangelical to believe this guy and his christian baby voice thrall/wife have only ever used cash.
 
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fskimospy

Elite Member
Mar 10, 2006
85,581
50,768
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I was at a doctor's office recently when another patient checked in. Their insurance plan had a $50 co-pay and the office would only accept cards, no cash or checks.

I'm not sure if the no cash policy has ever been tested in court given the 'legal tender' wording.
Federal reserve says no cash policies are (generally speaking) legal:

There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,333
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I've never run across a retail outlet, supplier, vendor, or service provider that wouldn't accept cash. I was surprised when I moved to the South at how many people use cash almost exclusively. I usually have a couple hundred bucks on me, and a couple thousand at home. Some places around here charge a 4% fee if paying by card.
The only time I've had to produce a bank statement was for the mortgage on my home. One other business (an insurance company) demanded my bank statements for the entire year as part of an audit. I flatly refused.
This is because the South is poor and has average credit (FICO) scores 40-50 points lower than the rest of the country. So they operate on cash, not because they want to, but because they often can't get bank accounts.
The same hardly applies to the wealthy and corrupt House Leader who's hiding his finances in violation of the law.

Here's an article about the South's poor credit BTW: https://www.washingtonpost.com/business/2023/02/17/bad-southern-credit-scores/
Red State America is where the people are kept so poor by GOP tyrants that they can't even pay their bills.
 
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Vic

Elite Member
Jun 12, 2001
50,422
14,333
136
Plenty of places in NYC were going cashless before the city council banned the practice, which was a dumb idea as requiring cash is inefficient and less safe; you're not likely to stick up a store that has no cash, after all. I would say overall I probably spend $0 in cash in a regular month as 'cash only' places in NYC have significantly declined in the last 10 years.

Their issue was that some people don't have access to banking services so the practice discriminated against them. My thought was that rather than cling to the past we should just make sure everyone has access to banking services.

Regardless, Johnson does not say that he doesn't have a bank account, only that his only account pays no interest and so is not required to be reported. That being said, the idea that he also claims to have no retirement accounts and no other assets is almost equally alarming both ways. Either he's not reporting what he's required to or he's flat broke and vulnerable to untoward influence.
100% he's not reporting as required.
 

Greenman

Lifer
Oct 15, 1999
20,920
5,543
136
Plenty of places in NYC were going cashless before the city council banned the practice, which was a dumb idea as requiring cash is inefficient and less safe; you're not likely to stick up a store that has no cash, after all. I would say overall I probably spend $0 in cash in a regular month as 'cash only' places in NYC have significantly declined in the last 10 years.

Their issue was that some people don't have access to banking services so the practice discriminated against them. My thought was that rather than cling to the past we should just make sure everyone has access to banking services.

Regardless, Johnson does not say that he doesn't have a bank account, only that his only account pays no interest and so is not required to be reported. That being said, the idea that he also claims to have no retirement accounts and no other assets is almost equally alarming both ways. Either he's not reporting what he's required to or he's flat broke and vulnerable to untoward influence.
Or he hasn't started insider trading yet.
 
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