MyPillow Guy Gets Credit Line Cut At AmEx: Why It Is Banks Being Banks and NOT Political + BofA Pay Raise Evergreen Segment

<p>Mike Lindell, the loud, creepy guy who owns MyPillow and is known for his 2020 Election crusade or misadventures, wherever you come from, <a href="https://news.yahoo.com/mike-lindell-says-mypillow-crippled-082117331.html" target="_blank" rel="noopener noreferer">had his AmEX credit line slashed from $1 Million to $100,000. He cites politics as the reason American Express did it</a>. As I have mentioned in many podcasts before, it&#39;s NEVER about politics, because banks want to make money with you. It is however something where if the line he was referring to has a points/miles/rewards system, and his successes selling old people foam pillows makes him millions, and he uses the line to funnel the purchases through there for free travel/cash back/etc and pays in full, banks HATE that, and that is likely the reason why it happened. They are losing money on his relationship so they try to cut ties. I explain why without defending the man. He can defend himself.</p> <p><br></p> <p>Plus, <a href="https://newsroom.bankofamerica.com/content/newsroom/press-releases/2023/09/bank-of-america-increases-us-minimum-hourly-wage-to--23-as-next-.html" target="_blank" rel="noopener noreferer">my yearly Bank of America is giving a pay raise tweet.</a> I explain how an announcement several years ago of a $25/hr minimum wage would have been awesome if they had just started paying them the raise when announced instead of making a press release spectacle out of it every damn year. Ugh.</p> <p><br></p> <p> </p> <p><strong>NB Has recovered over $4 Million from big banks back to consumers, with nearly $800k of it being Zelle fraud! 30k+ Followers on TikTok, Twitter and Instagram ⁠⁠⁠Buy My Book &quot;High-Risk Transaction&quot;⁠⁠⁠ Find all my social media and other links at: </strong><a href="TheNotoriousBanker.org">⁠<strong>⁠⁠⁠TheNotoriousBanker.Org ⁠⁠⁠</strong>⁠</a><strong> ⁠⁠⁠Substack - &quot;Consumer Beast&quot; - </strong><a href="http://thenotoriousbanker.substack.com">⁠<strong>TheNotoriousBanker.Substack.com⁠⁠⁠</strong>⁠</a><str