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Alot of people are rightfully complaining that some of the shit i said is false. Note that most of the shit I wrote is over 10 years old from memory. Also, the rest are at minimum 2 years old. Im in the Army, got spun out on drugs and alcohol, and haven't studied anything since I've been in the Army. I wrote these , as I do most of my answers from memory alone, because I think researching your answers before hand means it isn't your answer. You're just copying from another source and claiming it as your own. I can say however, that if 50% of these are wrong as so many claim, that 50% are right, means i still gave you and impressive 150 true statements. I consider all of them to be true, becsuzt i know what I read, heard, and sawIf you are being victimized, dont just yell for help. The bystander effect wont help you. Point to someone and ask them personally.If you are in a body of water, unsure which way is up or down, open your eyes and release some air. The bubbles will float up toward the surface.If people are drowning and you have a spare tire, throw it to them. Multiple people can hold on to it.If you're being mugged, maintain eye contact. You'll be less likely to get shot, because of psychological reasons.When using a fire extinguisher, point the nozzle at the base of the fire.It's easier to open up a car door when fully submerged under water than when it is close to the surface. Because of pressurization reasons. if you can't, then try to break a window with a sharp object.If you see lightning, you can be struck by it. Don't fuck around, seek cover. Concealment doesn't work here.Do not sit next to a wall during a lightning storm. Sit in the middle of the room. In the 1970’s, a girl did just that and was paralyzed I believe.Dogs and cats will not make it out of a fire before you do. If you value your life, grab them and take them out with you.Even if you live in a one story home, you still need a smoke detector.If you live in a home with natural gas and smell rotting eggs and you ain't got em, you best duck the fuck out with a quickness.If you're ever lost, ask a Police Officer. They know everywhereIf you are good at something, you can make money doing it.If you need an extra layer of warmth, stick a metric shit-ton of news paper into your clothes.If your hands are numb from cold, run cold water over them.If you're being car jacked, do not resist. Your car is insured and replaceable. Your life isn't.If your car is a stick, you have even more inclination not to fight.If you're a girl, always carry a gun. In todays society of battered men, you'll likely be a victim of their rage if you dont take advantage of your natural rights. Like I say, hand guns are instant feminism, just add ammo. No assembly required.Do not walk anywhere with headphones in, always maintain situational awareness, and keep your hands out of your pockets.If you're in a shooting scenario, do not run toward the Police. You could get mistaken for the shooter and get lead poisoning.Looks can be deceiving. Never trust someone solely off their looks. Thats how Ted Bundy pulled the shit he did.It is your duty as a man to protect a woman. If you see a girl getting fucked up, you have to protect her, whatever the cost.When speaking to Police, always keep your hands visible and no sudden movements. Many Police just came from a theater of war and probably have Panic Disorder or PTSD.Red cars are more likely to be pulled overWhen a Cop asks you a question at the window, hes trying to smell alcohol on your breath.If you don't have a dog, have a recording of one barking on your system. Robbers hate dogs and will dip out quickly.If a boyfriend or girlfriend is trying to convince you that you did something that you know for certain you did not do, thats not a human being you are dealing with boo. That's a Narcissist, and they will eat you alive of you don't run for the hills.If you only tell the truth, you dont need to have a good memory- Gov. Jesse VenturaIf you do things with your left hand more often, like brushing your teeth, you will become somewhat more ambidextrous.Fast food isn't cheaper than fruits and veggies most of the time. Its just faster.The eyes are the window to the soul. If someone has dead fish eyes, run Forrest. RUN!If you're stomach or chest gets butterflies about something, you are getting a gut instinct. It means you are in danger, and something bad is going to happen. Its fact. Trust me. I've been there many times, and I often wish I'd trusted it.Deja Vu is you completing a checkpoint.Mouse and keyboard allows for more precision than controller. Hook up that keyboard to ypur Xbox fam, and pwn some noobs.Do not throw water on a pot or pan or skillet if its on fire. You will kill yourself because its a grease fire. Or you'll burn down your trap. Wait for it to simmer down or throw a lid on it. Thats what I would do but I could be wrong.You should always have a first aid kit. One for your home and car.You need to learn how to change a tire, and carry a spare tire and jack in your car. Spare tires however, are only good for 50–75 milesWhen your car is on E, you have at best 25 miles left.A Black Bear is less likely to attack you than a Grizzly Bear.Possums often cannot carry rabies, their body temperature is too low.Armadillos are harmless, and are very slow runners. Do not play with them, they carry a nasty disease.Dragonflies massacre Mosquitoes. Keep plants in your AO to attract Dragonflies.43. If someones just been shot or stabbed, tampons are good for stopping the bleeding. Soldiers in WWII used this trick when no dressings were around44. If some guy is creeping you out in a bar, you have two options. Slide a pre made note to the bartender, or make eye contact with a girl using a help face . She will probably come over. Go to the restroom with her, and he will probably be gone. Or, point at some hunk of a guy and tell him thats your boyfriend.45. If you survive a crash landing, stay near the damn plane. Same goes for ships and stuff.46. If you get lost, the Sun rises in the East and settles in the West. So the directions intersecting are either North and South. Now you know how to find a relative Northing.47. If you're in the woods, and have been sitting for a while, and a shit ton of birds fly around making rapid chirping noises…it wasn't you that disturbed them. Something else did. You'd best get ready for contact.48. You can get a morning time when all the birds begin to chirp. Always remember this for your area. It saved me from bad hypothermia when I was homeless49. Don't try to light big items on fire first. Start small. Use dry grass and twigs, then add bigger twiggs. Keep adding until you get to a log, but make sure its dry and isn't rotting.50. Pine Needles make black smoke. Use this to signal in a survival scenario.51. Moss faces North. IDK why, it just does. The area behind moss is North. So if the moss is facing you, North is behind it.52. Always get off the ground in a survival situation. The ground will just sap away your body heat.53. When your feet get cold, put on a hat. Your head is responsible for most body heat loss.54. Its not illegal to dumpster dive. It's public domain.55. If you're homeless, the Police wont care what you do as long as it doesn't mess with anyone else.56. All you need to make biscuits is maple syrup and flour.57. Canned vegetables do not need to be cooked to be eaten, they were already cooked. Ao don't fret if your stove and oven don't work.58. Magazines burn bright, burn hot and burn for several minutes.59. Carboard is perfect for fire. Its lightweight, burns long and is easy to ignite. You can never have too much cardboard.60. If you're homeless, don't sleep under the same bridge as everyone else. Find your own bridge.61. Locate plasma donation centers if you're homeless, go to the library to do do. Memorize the route to get there, and walk it out.62. If you need water, go to a restroom and drink from the sink. If you're in the wild, find a good flowing stream and skim the tops with a cup or can. Boil it if you can. If you aren't near water, take a plastic wrap and tie it over a cup so theres a dip. Leave it out overnight, and dew water will have collected.63. Or, filter your piss through several shirts. Place a shirt or washcloth over a cup, and piss. Then filter the cup several times over, and preferably boil it.64. Black Widows are not violent. They wont bite you unless you apply pressure to theor body, crush them in a sleeping bag, or if you piss them off. They can fuck you up, but make sure to use extra caution if you see one in your vicinity. It should comfort you to know that they move slowly, are not aggressive. HOWEVER.Do not assume that because a Widow is in a web, that it is dead. It isnt. Its awake, alive, and it will uncurl from its ball shape. Its pretty cool.65. Racoons are often times not aggressive, and you'll find that your house cat can fuck them up. Raccoons are a marsupial, meaning they have hands instead of paws or nail claws. Their name means To wash with hands or something. You can make friends with them by feeding them.66. Deer will fuck you up in the mating season, specifically the males. I think they're called Bucks.67. Never get close to a baby animal. Its mother is near by, and wilk probably kill you.68. You can tell if a animal is rabid if it isn't afraid of you, lethargic, or kinda drunk. Its called apathy. If it acts like its on PCP or crack, its hypermanic. If you get bit by a rabid animal, go to the hospital instantly, or you will die a painful death. A slow death at that.69. If you don't pay the hospital bill, they can't come after you. Its a dick move but you gotta survive.70. If you do something for two weeks straight, 14 days, it will become a habit.71. Jeffery Epstein didn't kill himself72. You can gain access to almost anywhere by carrying a ladder.73. If you dont beat your meat for 6 days, you will gain an abnormal 140% boost in testosterone on the 7th day you do not. But all the days prior your test will be normal, and go back to normal after the 7th day74. Cinnamon is an aphrodisiac, which means that it makes you hornier or aroused. Or better at sex. Hell I don't remember, I read that book over shit, 10 years ago?75. Do not hide in a trailer home during a tornado. Hop in a ditch instead.76. If you are in a house, hide in the bathtub or basement instead77. You can tell if a Nader is coming if it gets really quiet, the birds stop chirping, the wind is calm or non-existent, and theres a green hue to the clouds.78. If you are being firebombed in an air raid, do not hide in the basement. The flame will suck the oxygen out. Idk where I'd hide, but definitely not a basement.79. 121.5 mhz is the emergency channel on airplanes. You dont need to know that, but still80. A hamster can drink you under the table81. On average, Brazilian/ Latina girls have the longest sex, at 45 minutes! Hell yeah brother!82. In order to increase your pain tolerance, think about having a threesome83. In order to avoid crashing when you hit ice, do not hit the brakes. Let go of the gas pedal, and steer opposite where your car is going84. When you look down at youe phone, you already drove a football field.85. Eating Pineapple makes your semen sweeter.86. Eating Pizza reduces your risk for Esophageal Cancer87. Drinking 2 glasses of red wine a day makes your heart healthier88. Olives make your skin better or some shit idk89. Do not scratch poison ivy. You will spread the oil. Wash it off with cold water to close your pores, and then apply Chamomile Lotion or Calamine Lotion, whatever the hell it is idk90. Australia is like Duskwood in World of Warcraft while you're a level 20. Don't go there unless your a professional bush wacker.91. If a lightbulb breaks and you dont know what kind it is, open ventilation and leave the home for a few minutes, then go back in and clean it up. It could be toxic or some shit. Again i read this many many years ago so this could've changed.92. The closer a wound is to the heart, the faster it will heal.93. Is a limb bleeding? Elevate it above your heart for reduced blood flow94. Rope burn? Stick your hand in a tub full of water for about half an hour to an hour. Youll be alright. I did this when I grabbed the barrel of my M4 one day. Fuck.95. Do not rappel with leather gloves. Use rappel only gloves for fuck sake. Made this mistake once.96. If you want to confuse Police dogs, urinate on three separate spots in a triangle formation.97. Police Dogs trace dead skin cells, not scent.98. You can avoid FLIR detection by hiding under a body of something colder than you are.99. Always hide behind an engine block if a shooting takes place.100. No elevator has ever fallen in history101. Fetanyl is so lethal it can kill you by touching your skin. Never touch a white powder.102. Never mix Bleach and Vinegar, or Ammonia and Bleach. Doing so creates Chlorine gas and is dangerous within 50 yards103. Never touch or go near wires from a fallen powerline. You will die.104. If your kid buys Coricidin or Cough and Cold HBR, little Johnny is tripping balls on legal Acid. Too much of it in too short of a time and he will turn into an animal.105. The LD 50 for Diphenhydramine is between 1000–2000 mg106. The LD 50 for Fetanyl is 10 mg107. The LD 50 for Chloripheneerimeen Maleate is 350 mg if you weigh 70 kg108. The LD 50 for Dextramethorphan is 1500–2500 mgs109. Do not drink alcohol with any painkillers, benzodiazapines, or barbituates. All of them are CNS depressants, and have a synergistic effect with alcohol.110. The only toad you can get high on is Bufo Alvarius. If you lick it, you will die.111. No dog can kill a Coyote in a 1 v 1. I don't agree with hunting in most circumstances, but if you see a Coyote, mag dump on it.112. A fox will get fucked up by a house cat. A fox typically stays away from your pets113. The LD 50 of weed is like 15,000 pounds. You would die from carbon dioxide poisoning before you smoked that much.114. The lethal dose of alcohol is 13 shots at 40% alcohol or 80 proof in a row.115. There are 25,000 industrial uses for hemp.116. Weed in all forms can be used as a treatment of symptoms for almost all disease, conditions, or illnesses.117. Beauty standards in the US tend to change ever decade.118. Propecia and Minoxidil can cause hair to somewhat regrow. Minoxidil cannot regrow a receding hairline119. Hot water damages your facial tissue. Use likewarm water when using a facial cleanser. Then apply a mask to exfoliate, as your pores will be open. Wait 5 minutes, then use water and gently massage after letting the mask sit. Use gentle cloth to remove. Then add moisturizer.120. To wash your own ass which is something we should all be doing by now, squeeze body wash onto hand, rub over anus, and wash.121. All you need to smell good is one squirt of cologne. THATS IT! Maybe a little dab on your wrist where your pulse is. BUT THAT'S IT.122. People wont remember you for being a jerk. They will remember you for your kindness.123. You dont need to give breath while doing CPR124. The only time you should look down on a brother is when you are helping him up.125. Blood is thicker than wine126. Looks can be deceiving127. Not all that glitters is gold128. It takes about 5–10 packs of cigarettes to become addicted to nicotine129. Cocaine is the most addictive drug in the world.130. Masturbating is good for you.131. Do not masturbate with vegetables. It can cause a tear in the vaginal wall and give you a pulmonary embolism.132. 9/11 was an inside job133. Callouses on your feet allow you to walk over rougher surfaces. However, corns can occure and you need a knife or nail clipper to cut them out. Its not as bad as it sounds!134. Always make sure that you maintain visual contact and PID on your drink at all times when at a bar.135. Don't make a promise if you know you can't keep it136. Your abdominal muscles recover quickly and can be trained every day137. Your thighs only need to be trained once a week due to their size138. It doesn't really matter what you do at a gym your gonna gain mass and strength regardless just pick something and do it139. Alcohol doesn't make you warmer, it only makes you feel warm due to blood vessel and capillary dilation/constriction, whatever it is140. If you want to stop a stove fire, toss some Epsom salt on the shit141. If you wanna stop a boil over, pour some cold water in that shit142. Its almost impossible to commit suicide by self desanguisation or cutting your wrist.143. American roads are not German roads. Slow the fuck down before you hit a rock, small bump or pothole and fly airborne subsequently killing yourself.144. You walk against traffic, not with it.145. Undercover cops dont need to tell you if you ask them146. Hiding your weed in an envelope is only delaying the inevitable.147. If one of your regulars was buying small amounts, and now wants one large amount of supply, its a trap. Don't do it148. Don't make fun of anyone. That person could be your boss one day.149. Dont get into a polyamarous relationship. I just saw how much drama so many people were in recently.150. Men hate girls for the same reason girls hate men.151. JFK was killed in a CIA operation orchestrated by LBJ to overthrow the US Government.152. Always save receipts for big purchases. This is so you can skip the fuck fuck games and just get your refund or replacement already153. If you're underage but have the money, and know there aren't those detector alarm things, take single beer bottles and put it into the rootbeer pack, replacing the root beer. Hehehe, they never caught me. I mean shit you're still payin for it aren't ya?154. Just pretend that girls are like your boys when you talk to them. You know, like they're people.155. The only way you're going to meet new people is through hobbies or bars.156. If you wanna catch a lizard, you need to throw a blanket or a hat over it. Do not grab a lizard by its tail. It will fall off, hurt them, and its a dick move. They need their tails to steer and avoid capture by predators157. Lizards are often found on trees or in sandy areas basking in the sun158. Never stick your hand in a dark and narrow. Thats spider country.159. Drinking a glass of water first thing in the morning can wake you up better than coffee….but then again star bucks does exist too160. If you dont want coffee stained teeth, drink from a straw and place the straw behind your teeth.161. Coffee, weed, and Pine trees all share one thing in common: they're bronchio-dialators. This means that they increase lung capacity and the amount of oxygen your lungs can inhale at a time162. Got a stuffy nose? Take a teaspoon or table spoon of Vicks, put it in boiling water and inhale.163. If something is sticking out of ice and you're on the ice, avoid. The ice gets weaker and weaker the closer you get to it.164. Uppers and downers do not cancel each other out. They just cross fade you to the point that you don't know the difference. Then you die.165. You can make a tourniquet with a belt or whatever is loopy. Apply high and tight for best affect.166. You can vote politicians out of office by simply refusing to vote. If every American did not vote for house people or whatever, there would be no house people. Or whatever . Somebody else with more braincells than I have needs to explain167. Communism has failed wherever applied. If they haven't figured it out by now, you wont either.168. Ronald Reagan gave Saddam Hussein WMD169. We ran weapons to the Contras to fight Iran. Ollie North took the fall for it.170. Gulf of Tonkin was a false flag.171. Operation Northwoods was a plan to launch a false flag attack on gates and military bases in Cuba using hijacked airliners, drones and riots to galvanize the American public into war with Cuba. JFK fired the Joint Chiefs or somebody, or was it McNamara. Idk but it was crazy shit.172. Being attractive, being tall, are linked to gaining 100k more dollars over the course of your life time173. There are more stars than there are grains of sand on Earth.174. If we spent as much money here at home as we do in perennial war, we'd be doing alright175. If minimum wage was tied to the inflation index, maybe people would be happier I DUNNO.Bonus round. Set start, skulls on. Thanks for all the upvotes. I WUB U!!!! =)176. You can tell which months have 31 days by using youe knuckles. Starting from your pinky knuckle on your left hand isn January. The dips in between knuckles are the months with 31 days. Try it right now, and you will see that October is in a dip. My papa, Franz Hanko taught me this trick. I love you papa.177. Using too much hair product with denatured alcohol can cause your hair to dry. Even more can cause hair loss. Im still pissed at VO5178. Too much stress causes cortisol release. You can gain or lose weight, lose hair, and even get a stroke from too much stress.179. You can't die from a broken heart. But you can suffer chest pain from broken heart strings if your heart is broken intensely enough.180. English is not the hardest language to learn. What determines your difficulty to learn a language is if that language is related close enough to yours. For example, English and German are both relatively close. Kind, Kid. Milk, Milchen. Montag, Monday. Gut, Good. Morgan/, morning.181. If you speak hochdeutsch or high German, some people wont understand you. Dialect changes like crazy in Austria, Bavaria and Germany. So you need to practice slang or low German too.182. Your dog will know if a storm is coming before you do. If your dog hides in the bathroom, you know shits about to get real.183. You cant bullshit your way out of a DUI. Police are trained to use Horizontal Gaze Nystagmus in your eyes. Your eyes move on their own and jerk when your drunk. Just admit you we're drunk and take the punishment.184. Before you get into a strangers car, check to see if theres someone hiding in the back or if the door handles are removed. If they are, decline immediately.185. Bodies dont float if you stabbed the lungs186. Its almost impossible not to get DNA on anything. You got microscopic fibers, saliva droplets, skin cells, fingerprints, boot marks and dirt samples. Dont kill anyone or whatever. You're gonna get caught. The zodiac era is over.187. You cant sweat out THC. Exercises only re-releases THC into the bloodstream or body in general making you more likely to fail a drug test.188. DXM products when used too much recreationally can cause a false positive for PCP or Opiates.189. To pass a test if you're a smoker, drink lots of water. Drink cranberry juice, or lots of low alcohol beer. Beer will make you piss forever and clear at that, and you wont get drunk. Natty Light.190. Cocaine stays in your body 2–3 days on its own. But it stays in your body up to 10 days if you drink alcohol around the time of ingestion.191. If someones in a car accident knocked out, do not move them from the vehicle unless its burning. They could have a spinal injury. Only a trained medic can make such a determination.192. You can tell if someones paralyzed if they have a boner, medically known as a priopism.193. If it aint broke, dont fix it.194. Asking someone if they're suicidal wont put the idea into their head. It will however, get you an honest reply.195. People may be depressed or suicidal if they give away posessions, their room is abnormally dirty or messy, they talk about death alot, they sleep like 15–18 hours a day, or if they have a lifeless look on their face.196. 3000 mg of acetaminophen can ruin your liver forever. Dont over do it.197. You can use tape as a bandaid. Electrical tape and duct tape works best.198. You can use drinkable or rubbing alcohol to disinfect wounds.199. Hydrogen peroxide massacres bad breath germs. Be careful though, as it can hurt your teeth painfully and fuck up your stomach permanently if swallowed.200. Men can orgasm from butt sex alone.201. Women can have two types of orgasms, just like men.202. Science has a shelf life of 7 years, meaning the things you learned in school probably changed or aren't true anymore203. Never step up to a goose or a swan. They will be more than happy and willing to throw hands or beak with you.204. Swans kill pets. Keep little Johnny and Daisy away from Swans.205. There is no such thing as a fair fight. Bite fingers, jab eyes and punch throats.206. If your an asshole to the Ravens or the Crows, they will be bigger assholes back.207. Ravens, Pidgeons and Crows are also known to steal shiny objects.208. If you are caught in a rip current and unlike me can actually swim, don't swin against the current. You're wasting energy. Let it take you out, then swim back. Or you can swim all parallel like to the shore. Idk209. If your swimming and the sea turns into squares like a chess board, RUN FORREST RUN!210. You make a proper Molotov Cocktail by mixing 2 parts petrol with one part oil in a glass bottle. Then, you douse a rag with gasoline and let it dry. When ready for use, use zippo to light rag and throw. Only use this in self defense.211. An alcoholic black out is the point where your brain cannot form new memories. Never get blackout drunk.212. Always sign a prenup.213. Never use an actual fire heater or stove indoors. If you have to, open up the windows and door for fuck sake214. Dont assume its a false alarm. Some fire detectors can smell burning stuff before you see it. Like a wire burning in a wall or melting.215. We let Pearl Harbor happen216. Brakes went out? Throw the car in neutral to eliminate the automatic drive of the drive and overdrive modes, then use the parking brake or E Brake.217. Always have 6 months worth of money saved for an emergency.218. Giving girls gifts does not mean she will date you. It doesn't work like Disney says it does. Sorry brother.219. Men are assholes because we saw what the world did to use when we weren't.220. We made up lies to invade Iraq and Colin Powell was forced to spread those lies in the UN to incite fear.Bonus round. Round start, skulls on. Good luck!1.2k upvotes. Thanks so much for the comments. Quora is my favorite community, you rock!! SRSLY!221. Always store your weapons and your ammo separately. Always treat your rifle, shotgun, or pistol as it were loaded. The same applies for BB guns, airsoft guns and pellet rifles.222. A pellet rifle fires a 30 cal pellet at 1200 fps, which is in the general ball park of a 22 caliber pistol. If you want power and a deterrent but dont want to pay stupid amounts of money and waste alot of time on checks, get a high powered pellet rifle223. It takes about 2 weeks to see gains from the gym. Wait until you see what you look like in 2 months224. No exercise burns fat. You can only burn calories, and that doesn't burn fat either. Not technically.225. HIIT will burn more calories faster than steady state cardio226. Just because your cat has fur does not mean it can survive in the cold. Cats die frozen to the ground and they die fast. Know where your cat goes often, and begin your search quickly. They can't run as well in the cold227. 98% of Mushrooms are toxic and deadly. Never eat a shroom.228. Crawdads are freshwater lobsters basically. If you want to take a picture of one to show your friends, you can find them in creeks. Put a cup behind it and move your hand in front of it. Their swimerettes make them swim backwords. Only the invasive species are aggressive.229. If you see a black coil in a creek, its not man made. Its a slippery water snek. Get out of the water quickly.230. Gartner snakes dont bite. I played with one in a patrol base back in Basic. We named him Steve.231. You can make a butterfly sit on your finger by rubbing your finger on the plant its on. Move your finger underneath where its straw mouth thingy is and then under its legs and wallah, you got a picture!232. Baby or young racoons are way fuckin more aggressive than adults. A pair of them scared the piss outta me once.232. Do not fuck with wild hogs or boar. Im pretty sure they'll kill you.233. Do not use baking soda too often when brushing your teeth. Its abrasive.234. Do not eat wild berries. Most of them only birds can eat. Only for a human is the raspberry, mulberry and black/blueberries.235. Put the toilet seat cover down before you flush. Everytime you flush, billions of bacteria fly outta your toilet and contaminate everything.236. Don't make promises if you doubt you can keep them.237. Bumble Bees dont sting. Honey Bees don't even sting unless you step on them. Only Wasps and Hornets are the real shitbags.238. Have scrap metals? Google the cost per pound they're being bought for. If they ask you of you walked in or of you drove, always say you drove. They wont buy your metals if you walked. This includes soda cans, iron, copper and shit.239. Do not try to sell rail road ties. That's illegal I've been told, and read as well.240. SNRIS are typically safer than SSRIS241. If there is a red line running from your foot or anke or your leg, and it keeps going up towards your torso, that's septicemia or sepsis, can't remember. Anyway, get to the hospital because as soon as it reaches your heart level you will die.242. You can use a hair dryer and an extension cord to thaw shit out near your house243. Driveway covered in snow? Bring your lawnmower in thr house and let the oil warm up. Raise the height higher than the snow. Congratulations, you have a snow blower. Yes it works, I did this only wearing my ushanka, pants and ski mask.244. Want cheap iced coffee? Get a star bucks bottle. Pour warm coffee you made into bottle. Put on porch for about 15 minutes. Walk out in underwear and ushanka like you own the place, and enjoy.245. Want to make flavored drink? Get pot. Boil water. Add 2 box of strawberry, and one box of blueberry. Dump in pot. Let boil or near boil 10minutes. Then let simmer for 45 minutes. Add one cup sugar, then stir for 10 minute. Pour into big jar. You're now made Kompot. You need big pot.246. There are Russian sleeper cells in the US. Anna Chapman and her posse was one of them247. You can buy de-militarized surplus gear at auctions and online for much cheaper than bid to the government. You gotta figure out how to do it, but when I was like 10 i read in a book from the 70’s that you could do it. You still can im sure.248. If someone hits you with the whole “its classified” they're full of shit and never served. Most people only have a secret clearance which is the middle of the three. Two, unless they're an Agency Spook or a Delts Operator, literally they can talk about everything. Once an operation is over its over. The fact they say they can't just tells you how weak of an imagination they have.249. A New World Order was declared by Old Man Bush in a SOTU.250. The Counsel on Foreign Relations published a book called A Project for a New American Century that called for and I quote from memory “ A catalyzing event, a New Pearl Harbor, to galvanize support from the American people”Round 3, Vehicle shit251. If you pump your brakes instead of just hold down on the pedal, it can catch someones attention better and gives them more time to react252. Driving in the Winter? Depending on your cars drive wheel type, it may be best to put some extra weight in the trunk.253. 4 wheel drive does not mean 4 wheel stop. Slow down over ice in your 4x4 , hero254. You can tell if your brakes are going out if theres less resistance in them than usual255. Never tailgate a tractor trailer to get a gas mileage boost. You cant react fast enough if he stops, and he cant see you.256. If you get pulled over, leave enough space so the trooper can approach your passenger side window. People are attracted by flashing lights, fixate, and troopers die because of it.257. Steam coming from your hood? Wait a good while before you open it, or you'll end up lookin like Chucky258. Got a ye ye truck? Put chains on them tires and own the road. You can use studs too.259. Does it take a while for your car to turn over, or it comes close but never does? Its probably a starter dude.260. Salt they put on the roads is hell on your chassis and brakes. Check yourself every Spring.261. Trunk to small to fit some lumber or shit? Check to see if your rear seat folds over and allows access to the trunk.262. Driving in snow or rain? Double or triple the distance between you and other cars, instead of the usual263. Just look in your cars manu there's all sorts of shit tailored to your specific car.Round 4. Beer, Alcohol, and Wine264. Lager is supposed to be drank room temp. Ale is supposed to be drank chilled.265. Each wine can be best paired with a food. Riesling for example goes well with cheese and meats.266. Back in the day they made wine by having all the village people step on grapes in a huge wooden bowl thing267. Alcohol and Mead was drank during the plague and other years because alcohol was boiled and it killed disease in the process268. Dont know what IPA means? It stands for Imperial Pale Ale, and is hoppier than usual. Same as India Pale Ale269. White wine is made from white grapes. Red wine is made from red grapes270. Just because it is wine does not mean its weak. Check yourself before you wreck yourself.271. Never drink a lone open beer can. It could've been used as a spitter, pisser, or ashtray. The taste is not pleasant.272. Whiskey dick is real. Don't try to bang drunk guys …273. Don't mix beer and liquor, otherwise you can't pace yourself. Assume however that one shot is the equivalent or stronger than one beer274. Do not let others pressure you into drinking at a pace you aren't comfortable with.275. Make it a habit of wearing pants with zip up pockets. This is a safety barrier to you losing ykur shit.276. German beer is worth the extra penny. Have you ever drank a beer that has a bananna after taste? Then Franziskaner is your brauRound 4. Conspiracies and lies277. Sandy Hooky wasn't a false flag278. The CIA overthrew the Sha of Iran279. The CIA gave weapons to the Mujahadeen, Iranians, Iraqis, ISIS, basically everyone. They're all killing themselves, all our spooks are doing is speeding up the process280. Herr Erwin Rommel really didn't know about the bomb plot of Von Stauffenberg to kill Hitler. But others told Hitler that he did281. Does.anyone on Quora know or have dealt with 80 people that would later commit suicide? No. But Hillary Clinton did.282. Jack Ruby knew Lee Harvey Oswald.283. The KGB bugged LHOs home in Russia when he was staying there with Marina.284. Dennis Hastert, FRMR House Speaker was a pedophile. How many others are there that knew, or that we dont know about.285. The moonlanding happened.286. The Vatican has a telescope named Lucifer, and it also has a shit ton of gold. So much for humility and being humble.287. The Vatican covers up pedophilia. I hate pedophiles and want to fight them because I was molested once, and was creeped on hard 3 other times.288. Operation Mockingbird was a plan orchestrated by the CIA to infiltrate news media.289. Anderson Cooper was a CIA Analyst.290. Condy Rice knew in August the towers were going to be hit. Larry Silverstein took out a $99 million dollar insurance police a month or so before they got hit. More put options were placed on airlines on 9/11 than any other time in history. A put option is betting that the price of a stock will fall.291. George W Bush created more insurgents when he refused to pay the new Iraqi Army a $20 dollar salary per day week month or whatever. So many just joined Al Qaeda instead. Or the baath remnant's292. There were no nukes in Iraq. It was a lie spread in the UN to get a resolution passed.293. Prescott Bush helped fund Germany in WWII294. A trillion dollar lithium vein was found in Afghanistan.295. Adam Weishaupt created the Illuminati, but they disbanded in the late 1800’s.296. Saddam Hussein put a bounty on Old man Bush297. Marcus Luttrell didn't face 140 fighters in Operation Red Wings. They faced 40 at best. Marine intel even says there wasn't 200 Taliban in all of Korengal Province that day.298. Lizard people is a biologial impossibility. It doesn't take me to tell you this299. FEMA camps do exist but they are called “residential centers”300. HAARP is real but the government would most likely not use it on our soil301. UFOs are real because I've seen two of them myself .

What is a Non-Banking Financial Company (NBFC)?A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. A non-banking institution which is a company and has principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions or in any other manner, is also a non-banking financial company (Residuary non-banking company).2. What does conducting financial activity as “principal business” mean?Financial activity as principal business is when a company’s financial assets constitute more than 50 per cent of the total assets and income from financial assets constitute more than 50 per cent of the gross income. A company which fulfils both these criteria will be registered as NBFC by RBI. The term 'principal business' is not defined by the Reserve Bank of India Act. The Reserve Bank has defined it so as to ensure that only companies predominantly engaged in financial activity get registered with it and are regulated and supervised by it. Hence if there are companies engaged in agricultural operations, industrial activity, purchase and sale of goods, providing services or purchase, sale or construction of immovable property as their principal business and are doing some financial business in a small way, they will not be regulated by the Reserve Bank. Interestingly, this test is popularly known as 50-50 test and is applied to determine whether or not a company is into financial business.3. NBFCs are doing functions similar to banks. What is difference between banks & NBFCs?NBFCs lend and make investments and hence their activities are akin to that of banks; however there are a few differences as given below:i. NBFC cannot accept demand deposits;ii. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself;iii. deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks.4. Is it necessary that every NBFC should be registered with RBI?In terms of Section 45-IA of the RBI Act, 1934, no Non-banking Financial company can commence or carry on business of a non-banking financial institution without a) obtaining a certificate of registration from the Bank and without having a Net Owned Funds of ₹ 25 lakhs (₹ Two crore since April 1999). However, in terms of the powers given to the Bank, to obviate dual regulation, certain categories of NBFCs which are regulated by other regulators are exempted from the requirement of registration with RBI viz. Venture Capital Fund/Merchant Banking companies/Stock broking companies registered with SEBI, Insurance Company holding a valid Certificate of Registration issued by IRDA, Nidhi companies as notified under Section 620A of the Companies Act, 1956, Chit companies as defined in clause (b) of Section 2 of the Chit Funds Act, 1982,Housing Finance Companies regulated by National Housing Bank, Stock Exchange or a Mutual Benefit company.5. What are the requirements for registration with RBI?A company incorporated under the Companies Act, 1956 and desirous of commencing business of non-banking financial institution as defined under Section 45 I(a) of the RBI Act, 1934 should comply with the following:i. it should be a company registered under Section 3 of the companies Act, 1956ii. It should have a minimum net owned fund of ₹ 200 lakh. (The minimum net owned fund (NOF) required for specialized NBFCs like NBFC-MFIs, NBFC-Factors, CICs is indicated separately in the FAQs on specialized NBFCs)6. What is the procedure for application to the Reserve Bank for Registration?The applicant company is required to apply online and submit a physical copy of the application along with the necessary documents to the Regional Office of the Reserve Bank of India. The application can be submitted online by accessing RBI’s secured website https://cosmos.rbi.org.in . At this stage, the applicant company will not need to log on to the COSMOS application and hence user ids are not required. The company can click on “CLICK” for Company Registration on the login page of the COSMOS Application. A window showing the Excel application form available for download would be displayed. The company can then download suitable application form (i.e. NBFC or SC/RC) from the above website, key in the data and upload the application form. The company may note to indicate the correct name of the Regional Office in the field “C-8” of the “Annex-I dentification Particulars” in the Excel application form. The company would then get a Company Application Reference Number for the CoR application filed on-line. Thereafter, the company has to submit the hard copy of the application form (indicating the online Company Application Reference Number, along with the supporting documents, to the concerned Regional Office. The company can then check the status of the application from the above mentioned secure address, by keying in the acknowledgement number.7. What are the essential documents required to be submitted along with the application form to the Regional Office of the Reserve Bank?The application form and an indicative checklist of the documents required to be submitted along with the application is available at www.rbi.org.in → Site Map → NBFC List → Forms/ Returns.8. What are systemically important NBFCs?NBFCs whose asset size is of ₹ 500 cr or more as per last audited balance sheet are considered as systemically important NBFCs. The rationale for such classification is that the activities of such NBFCs will have a bearing on the financial stability of the overall economy.B. Entities Regulated by RBI and applicable regulations9. Does the Reserve Bank regulate all financial companies?No. Housing Finance Companies, Merchant Banking Companies, Stock Exchanges, Companies engaged in the business of stock-broking/sub-broking, Venture Capital Fund Companies, Nidhi Companies, Insurance companies and Chit Fund Companies are NBFCs but they have been exempted from the requirement of registration under Section 45-IA of the RBI Act, 1934 subject to certain conditions.Housing Finance Companies are regulated by National Housing Bank, Merchant Banker/Venture Capital Fund Company/stock-exchanges/stock brokers/sub-brokers are regulated by Securities and Exchange Board of India, and Insurance companies are regulated by Insurance Regulatory and Development Authority. Similarly, Chit Fund Companies are regulated by the respective State Governments and Nidhi Companies are regulated by Ministry of Corporate Affairs, Government of India. Companies that do financial business but are regulated by other regulators are given specific exemption by the Reserve Bank from its regulatory requirements for avoiding duality of regulation.It may also be mentioned that Mortgage Guarantee Companies have been notified as Non-Banking Financial Companies under Section 45 I(f)(iii) of the RBI Act, 1934. Core Investment Companies with asset size of less than ₹ 100 crore, and those with asset size of ₹ 100 crore and above but not accessing public funds are exempted from registration with the RBI.10. What are the different types/categories of NBFCs registered with RBI?NBFCs are categorized a) in terms of the type of liabilities into Deposit and Non-Deposit accepting NBFCs, b) non deposit taking NBFCs by their size into systemically important and other non-deposit holding companies (NBFC-NDSI and NBFC-ND) and c) by the kind of activity they conduct. Within this broad categorization the different types of NBFCs are as follows:I. Asset Finance Company (AFC) : An AFC is a company which is a financial institution carrying on as its principal business the financing of physical assets supporting productive/economic activity, such as automobiles, tractors, lathe machines, generator sets, earth moving and material handling equipments, moving on own power and general purpose industrial machines. Principal business for this purpose is defined as aggregate of financing real/physical assets supporting economic activity and income arising therefrom is not less than 60% of its total assets and total income respectively.II. Investment Company (IC) : IC means any company which is a financial institution carrying on as its principal business the acquisition of securities,III. Loan Company (LC): LC means any company which is a financial institution carrying on as its principal business the providing of finance whether by making loans or advances or otherwise for any activity other than its own but does not include an Asset Finance Company.IV. Infrastructure Finance Company (IFC): IFC is a non-banking finance company a) which deploys at least 75 per cent of its total assets in infrastructure loans, b) has a minimum Net Owned Funds of ₹ 300 crore, c) has a minimum credit rating of ‘A ‘or equivalent d) and a CRAR of 15%.V. Systemically Important Core Investment Company (CIC-ND-SI): CIC-ND-SI is an NBFC carrying on the business of acquisition of shares and securities which satisfies the following conditions:-(a) it holds not less than 90% of its Total Assets in the form of investment in equity shares, preference shares, debt or loans in group companies;(b) its investments in the equity shares (including instruments compulsorily convertible into equity shares within a period not exceeding 10 years from the date of issue) in group companies constitutes not less than 60% of its Total Assets;(c) it does not trade in its investments in shares, debt or loans in group companies except through block sale for the purpose of dilution or disinvestment;(d) it does not carry on any other financial activity referred to in Section 45I(c) and 45I(f) of the RBI act, 1934 except investment in bank deposits, money market instruments, government securities, loans to and investments in debt issuances of group companies or guarantees issued on behalf of group companies.(e) Its asset size is ₹ 100 crore or above and(f) It accepts public fundsVI. Infrastructure Debt Fund: Non- Banking Financial Company (IDF-NBFC) : IDF-NBFC is a company registered as NBFC to facilitate the flow of long term debt into infrastructure projects. IDF-NBFC raise resources through issue of Rupee or Dollar denominated bonds of minimum 5 year maturity. Only Infrastructure Finance Companies (IFC) can sponsor IDF-NBFCs.VII. Non-Banking Financial Company - Micro Finance Institution (NBFC-MFI): NBFC-MFI is a non-deposit taking NBFC having not less than 85% of its assets in the nature of qualifying assets which satisfy the following criteria:a. loan disbursed by an NBFC-MFI to a borrower with a rural household annual income not exceeding ₹ 1,00,000 or urban and semi-urban household income not exceeding ₹ 1,60,000;b. loan amount does not exceed ₹ 50,000 in the first cycle and ₹ 1,00,000 in subsequent cycles;c. total indebtedness of the borrower does not exceed ₹ 1,00,000;d. tenure of the loan not to be less than 24 months for loan amount in excess of ₹ 15,000 with prepayment without penalty;e. loan to be extended without collateral;f. aggregate amount of loans, given for income generation, is not less than 50 per cent of the total loans given by the MFIs;g. loan is repayable on weekly, fortnightly or monthly instalments at the choice of the borrowerVIII. Non-Banking Financial Company – Factors (NBFC-Factors): NBFC-Factor is a non-deposit taking NBFC engaged in the principal business of factoring. The financial assets in the factoring business should constitute at least 50 percent of its total assets and its income derived from factoring business should not be less than 50 percent of its gross income.IX. Mortgage Guarantee Companies (MGC) - MGC are financial institutions for which at least 90% of the business turnover is mortgage guarantee business or at least 90% of the gross income is from mortgage guarantee business and net owned fund is ₹ 100 crore.X. NBFC- Non-Operative Financial Holding Company (NOFHC) is financial institution through which promoter / promoter groups will be permitted to set up a new bank .It’s a wholly-owned Non-Operative Financial Holding Company (NOFHC) which will hold the bank as well as all other financial services companies regulated by RBI or other financial sector regulators, to the extent permissible under the applicable regulatory prescriptions.11. What are the powers of the Reserve Bank with regard to 'Non-Bank Financial Companies’, that is, companies that meet the 50-50 Principal Business Criteria?The Reserve Bank has been given the powers under the RBI Act 1934 to register, lay down policy, issue directions, inspect, regulate, supervise and exercise surveillance over NBFCs that meet the 50-50 criteria of principal business. The Reserve Bank can penalize NBFCs for violating the provisions of the RBI Act or the directions or orders issued by RBI under RBI Act. The penal action can also result in RBI cancelling the Certificate of Registration issued to the NBFC, or prohibiting them from accepting deposits and alienating their assets or filing a winding up petition.12. What action can be taken against persons/financial companies making false claim of being regulated by the Reserve Bank?It is illegal for any financial entity or unincorporated body to make a false claim of being regulated by the Reserve Bank to mislead the public to collect deposits and is liable for penal action under the Indian Penal Code. Information in this regard may be forwarded to the nearest office of the Reserve Bank and the Police.13. What action is taken if financial companies which are lending or making investments as their principal business do not obtain a Certificate of Registration from the Reserve Bank?If companies that are required to be registered with the Reserve Bank as NBFCs, are found to be conducting non-banking financial activity, such as, lending, investment or deposit acceptance as their principal business, without seeking registration, the Reserve Bank can impose penalty or fine on them or can even prosecute them in a court of law. If members of public come across any entity which does non-banking financial activity but does not figure in the list of authorized NBFC on RBI website, they should inform the nearest Regional Office of the Reserve Bank, for appropriate action to be taken for contravention of the provisions of the RBI Act, 1934.14. Where can one find list of Registered NBFCs and instructions issued to NBFCs?The list of registered NBFCs is available on the web site of Reserve Bank of India and can be viewed at www.rbi.org.in → Sitemap → NBFC List. The instructions issued to NBFCs from time to time are also hosted at www.rbi.org.in → Notifications → Master Circulars → Non-banking, besides, being issued through Official Gazette notifications and press releases.15. What are the regulations applicable on non-deposit accepting NBFCs with asset size of less than ₹ 500 crore?The regulation on non-deposit accepting NBFCs with asset size of less than ₹ 500 crore would be as under:(i) They shall not be subjected to any regulation either prudential or conduct of business regulations viz., Fair Practices Code (FPC), KYC, etc., if they have not accessed any public funds and do not have a customer interface.(ii) Those having customer interface will be subjected only to conduct of business regulations including FPC, KYC etc., if they are not accessing public funds.(iii) Those accepting public funds will be subjected to limited prudential regulations but not conduct of business regulations if they have no customer interface.(iv) Where both public funds are accepted and customer interface exist, such companies will be subjected both to limited prudential regulations and conduct of business regulations.16. What does the term public funds include? Is it the same as public deposits?Public funds are not the same as public deposits. Public funds include public deposits, inter-corporate deposits, bank finance and all funds received whether directly or indirectly from outside sources such as funds raised by issue of Commercial Papers, debentures etc. However, even though public funds include public deposits in the general course, it may be noted that CICs/CICs-ND-SI cannot accept public deposits.Further, indirect receipt of public funds means funds received not directly but through associates and group entities which have access to public funds.17. What are the various prudential regulations applicable to NBFCs?The Bank has issued detailed directions on prudential norms, vide Non-Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007, Non-Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015 and Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015. Applicable regulations vary based on the deposit acceptance or systemic importance of the NBFC.The directions inter alia, prescribe guidelines on income recognition, asset classification and provisioning requirements applicable to NBFCs, exposure norms, disclosures in the balance sheet, requirement of capital adequacy, restrictions on investments in land and building and unquoted shares, loan to value (LTV) ratio for NBFCs predominantly engaged in business of lending against gold jewellery, besides others. Deposit accepting NBFCs have also to comply with the statutory liquidity requirements. Details of the prudential regulations applicable to NBFCs holding deposits and those not holding deposits is available in the section ‘Regulation – Non-Banking – Notifications - Master Circulars’ in the RBI website.18. Please explain the terms ‘owned fund’ and ‘net owned fund’ in relation to NBFCs?‘Owned Fund’ means aggregate of the paid-up equity capital, preference shares which are compulsorily convertible into equity, free reserves, balance in share premium account and capital reserves representing surplus arising out of sale proceeds of asset, excluding reserves created by revaluation of asset, after deducting therefrom accumulated balance of loss, deferred revenue expenditure and other intangible assets. 'Net Owned Fund' is the amount as arrived at above, minus the amount of investments of such company in shares of its subsidiaries, companies in the same group and all other NBFCs and the book value of debentures, bonds, outstanding loans and advances including hire purchase and lease finance made to and deposits with subsidiaries and companies in the same group, to the extent it exceeds 10% of the owned fund.19. What are the responsibilities of the NBFCs registered with Reserve Bank, with regard to submission on compliances and other information?A. Returns to be submitted by deposit taking NBFCsNBS-1 Quarterly Returns on deposits in First Schedule.NBS-2 Quarterly return on Prudential Norms is required to be submitted by NBFC accepting public deposits.NBS-3 Quarterly return on Liquid Assets by deposit taking NBFC.NBS-4 Annual return of critical parameters by a rejected company holding public deposits. (NBS-5 stands withdrawn as submission of NBS 1 has been made quarterly.)NBS-6 Monthly return on exposure to capital market by deposit taking NBFC with total assets of ₹ 100 crore and above.Half-yearly ALM return by NBFC holding public deposits of more than ₹ 20 crore or asset size of more than ₹ 100 croreAudited Balance sheet and Auditor’s Report by NBFC accepting public deposits.Branch Info Return.B. Returns to be submitted by NBFCs-ND-SINBS-7 A Quarterly statement of capital funds, risk weighted assets, risk asset ratio etc., for NBFC-ND-SI.Monthly Return on Important Financial Parameters of NBFCs-ND-SI.ALM returns:(i) Statement of short term dynamic liquidity in format ALM [NBS-ALM1] -Monthly,(ii) Statement of structural liquidity in format ALM [NBS-ALM2] Half yearly,(iii) Statement of Interest Rate Sensitivity in format ALM -[NBS-ALM3], Half yearlyBranch Info returnC. Quarterly return on important financial parameters of non deposit taking NBFCs having assets of more than ₹ 50 crore and above but less than ₹ 100 croreBasic information like name of the company, address, NOF, profit / loss during the last three years has to be submitted quarterly by non-deposit taking NBFCs with asset size between ₹ 50 crore and ₹ 100 crore.There are other generic reports to be submitted by all NBFCs as elaborated in Master Circular on Returns to be submitted by NBFCs as available on www.rbi.org.in → Notifications → Master Circulars → Non-banking and Circular DNBS (IT) CC.No.02/24.01.191/2015-16 dated July 9, 2015 as available on www.rbi.org.in → Notifications.20. Whether the circular on Lending against shares dated August 21, 2014 is applicable to existing loans also?The Circular is applicable from the date of the circular and therefore the Circular shall not apply on those transactions which have been entered into prior to the date of the Circular. However, the guidelines will be applicable in case of roll-over/ renewal of loans. Guidelines will not apply to transactions where documents have been executed prior to the date of the circular and disbursement is pending.21. Will the circular on Lending against shares be applicable on restructured accounts?No. the Circular will not be applicable on restructured accounts22. Will the Circular on Lending against shares be applicable on those loans where the primary security is not shares/ units of mutual funds?Loans which are against the collateral of multiple securities and it is specifically agreed to in the agreement that primary security would be something other than shares/ units of mutual funds, LTV would not be applicable. However, reporting requirements shall remain. In cases where such differentiation is not made (thereby NBFCs can off-load shares at the instance of a default), LTV would be applicable.23. Whether LTV for loans issued against the collateral of shares is to be computed at scrip level or at portfolio level?LTV would be computed at portfolio level.24. Whether PoA/ Non-Disposal undertaking structure by whatever name called is covered under the Circular on Lending against shares?Yes, the Circular would be applicable and the type of encumbrance created is immaterial.25. Does the definition of “companies in a group” as given in Systemically Important Non-Banking Financial (non-deposit accepting or holding) companies Prudential Norms Directions, 2015 apply in respect of concentration of credit/ investment norms.No, the definition of “companies is a group” is only for the purpose of determining the applicability of prudential norms on multiple NBFCs in a group.26. Whether acquisition/ transfer of shareholding of 26 per cent or more of the paid up equity capital of an NBFC within the same group i.e. intra group transfers require prior approval of the Bank?Yes, prior approval would be required in all cases of acquisition/ transfer of shareholding of 26 per cent or more of the paid up equity capital of an NBFC. In case of intra-group transfers, NBFCs shall submit an application, on the company letter head, for obtaining prior approval of the Bank. Based on the application of the NBFC, it would be decided, on a case to case basis, whether the NBFC requires to submit the documents as prescribed at para 3 of DNBR (PD) CC Kjøpesenter Gjøvik & Hamar. 065/03.10.001/2015-16 dated July 9, 2015 for processing the application of the company. In cases where approval is granted without the documents, the NBFC would be required to submit the same after the process of transfer is complete.27. NBFCs are charging high interest rates from their borrowers. Is there any ceiling on interest rate charged by the NBFCs to their borrowers?Reserve Bank of India has deregulated interest rates to be charged to borrowers by financial institutions (other than NBFC- Micro Finance Institution). The rate of interest to be charged by the company is governed by the terms and conditions of the loan agreement entered into between the borrower and the NBFCs. However, the NBFCs have to be transparent and the rate of interest and manner of arriving at the rate of interest to different categories of borrowers should be disclosed to the borrower or customer in the application form and communicated explicitly in the sanction letter etc.28. RBI permits NBFCs to hedge their exposure through dealing in IRFs. Currently, IRFs are on single stock 10 yr 8.40% 2024 security. The Composition of Balance Sheet is mix of fixed/ floating interest rate and different credit profile. Whether 10 yr single security can be used for hedging 2-3 yr liability and asset (Duration adjusted) or can be used for investment in other long tenor securities or corporate bonds. Alternatively, whether IRFs can be used holistically for hedging assets and liabilities in dynamic interest rate scenarios within total Balance Sheet amount and within hedging definition?IRF may be used to hedge interest rate risk associated with single asset/ liability or a group of assets/ liabilities. Hence, NBFCs are permitted to use duration based hedging for managing interest rate risk.29. Whether NBFCs as trading member can participate in the IRF market only for hedging or can also take trading position?As per extant guidelines NBFCs with asset size of ₹ 1,000 cr and above are permitted to participate in IRF as trading members. While, trading members of stock exchanges are permitted to execute trades on their own account as well as on account of their clients, banks and PDs have been allowed to deal in IRF for both hedging and trading on own account and not on client’s account. Similarly, NBFCs as trading members are permitted to execute their proprietary trades and not to undertake transactions on behalf of clients.C. Residuary Non-Banking Companies (RNBCs)30. What is a Residuary Non-Banking Company (RNBC)? In what way it is different from other NBFCs?Residuary Non-Banking Company is a class of NBFC which is a company and has as its principal business the receiving of deposits, under any scheme or arrangement or in any other manner and not being Investment, Asset Financing, Loan Company. These companies are required to maintain investments as per directions of RBI, in addition to liquid assets. The functioning of these companies is different from those of NBFCs in terms of method of mobilization of deposits and requirement of deployment of depositors' funds as per Directions. Besides, Prudential Norms Directions are applicable to these companies also.31. We understand that there is no ceiling on raising of deposits by RNBCs, then how safe is deposit with them?It is true that there is no ceiling on raising of deposits by RNBCs. However, every RNBC has to ensure that the amounts deposited with it are fully invested in approved investments. In other words, in order to secure the interests of depositor, such companies are required to invest 100 per cent of their deposit liability into highly liquid and secure instruments, namely, Central/State Government securities, fixed deposits with scheduled commercial banks (SCB), Certificate of Deposits of SCB/FIs, units of Mutual Funds, etc.32. Can RNBC forfeit deposit if deposit instalments are not paid regularly or discontinued?No. Residuary Non-Banking Company cannot forfeit any amount deposited by the depositor, or any interest, premium, bonus or other advantage accrued thereon.33. What is the rate of interest that an RNBC must pay on deposits and what should be maturity period of deposits taken by them?The minimum interest an RNBC should pay on deposits should be 5% (to be compounded annually) on the amount deposited in lump sum or at monthly or longer intervals; and 3.5% (to be compounded annually) on the amount deposited under daily deposit scheme. Interest here includes premium, bonus or any other advantage, that an RNBC promises to the depositor by way of return. An RNBC can accept deposits for a minimum period of 12 months and maximum period of 84 months from the date of receipt of such deposit. They cannot accept deposits repayable on demand. However, at present, the only RNBCs in existence (Peerless) has been directed by the Reserve Bank to stop collecting deposits, repay the deposits to the depositor and wind up their RNBC business as their business model is inherently unviable.D. Definition of deposits, Eligible / Ineligible Institutions to accept deposits and Related Matters34. What is ‘deposit’ and ‘public deposit’? Is it defined anywhere?The term ‘deposit’ is defined under Section 45 I(bb) of the RBI Act, 1934. ‘Deposit’ includes and shall be deemed always to have included any receipt of money by way of deposit or loan or in any other form but does not include:i. amount raised by way of share capital, or contributed as capital by partners of a firm;ii. amount received from a scheduled bank, a co-operative bank, a banking company, Development bank, State Financial Corporation, IDBI or any other institution specified by RBI;iii. amount received in ordinary course of business by way of security deposit, dealership deposit, earnest money, advance against orders for goods, properties or services;iv. amount received by a registered money lender other than a body corporate;v. amount received by way of subscriptions in respect of a ‘Chit’.Paragraph 2(1)(xii) of the Non-Banking Financial Companies Acceptance of Public Deposits ( Reserve Bank) Directions, 1998 defines a ‘ public deposit’ as a ‘deposit’ as defined under Section 45 I(bb) of the RBI Act, 1934 and further excludes the following:a. amount received from the Central/ State Government or any other source where repayment is guaranteed by Central/ State Government or any amount received from local authority or foreign government or any foreign citizen/ authority/ person;b. any amount received from financial institutions specified by RBI for this purpose;c. any amount received by a company from any other company;d. amount received by way of subscriptions to shares, stock, bonds or debentures pending allotment or by way of calls in advance if such amount is not repayable to the members under the articles of association of the company;e. amount received from directors of a company or from its shareholders by private company or by a private company which has become a public company;f. amount raised by issue of bonds or debentures secured by mortgage of any immovable property or other asset of the company subject to conditions;fa. any amount raised by issuance of non-convertible debentures with a maturity more than one year and having the minimum subscription per investor at ₹ 1 crore and above, provided it is in accordance with the guidelines issued by the Bank.g. the amount brought in by the promoters by way of unsecured loan;h. amount received from a mutual fund;i. any amount received as hybrid debt or subordinated debt;j. amount received from a relative of the director of an NBFC;k. any amount received by issuance of Commercial Paper.l. any amount received by a systemically important non-deposit taking non-banking financial company by issuance of ‘perpetual debt instruments’m. any amount raised by the issue of infrastructure bonds by an Infrastructure Finance CompanyThus, the directions exclude from the definition of public deposit, amount raised from certain set of informed lenders who can make independent decision.35. Which entities can legally accept deposits from public?Banks, including co-operative banks, can accept deposits. Non-bank finance companies, which have been issued Certificate of Registration by RBI with a specific licence to accept deposits, are entitled to accept public deposit. In other words, not all NBFCs registered with the Reserve Bank are entitled to accept deposits but only those that hold a deposit accepting Certificate of Registration can accept deposits. They can, however, accept deposits, only to the extent permissible. Housing Finance Companies, which are again specifically authorized to collect deposits and companies authorized by Ministry of Corporate Affairs under the Companies Acceptance of Deposits Rules framed by Central Government under the Companies Act can also accept deposits also upto a certain limit. Cooperative Credit Societies can accept deposits from their members but not from the general public. The Reserve Bank regulates the deposit acceptance only of banks, cooperative banks and NBFCs.It is not legally permissible for other entities to accept public deposits. Unincorporated bodies like individuals, partnership firms, and other association of individuals are prohibited from carrying on the business of acceptance of deposits as their principal business. Such unincorporated bodies are prohibited from even accepting deposits if they are carrying on financial business.36. Can all NBFCs accept deposits? Is there any ceiling on acceptance of Public Deposits? What is the rate of interest and period of deposit which NBFCs can accept?All NBFCs are not entitled to accept public deposits. Only those NBFCs to which the Bank had given a specific authorisation and have an investment grade rating are allowed to accept/ hold public deposits to a limit of 1.5 times of its Net Owned Funds. All existing unrated AFCs that have been allowed to accept deposits shall have to get themselves rated by March 31, 2016. Those AFCs that do not get an investment grade rating by March 31, 2016, will not be allowed to renew existing or accept fresh deposits thereafter. In the intervening period, i.e. till March 31, 2016, unrated AFCs or those with a sub-investment grade rating can only renew existing deposits on maturity, and not accept fresh deposits, till they obtain an investment grade rating.However, as a matter of public policy, Reserve Bank has decided that only banks should be allowed to accept public deposits and as such has since 1997 not issued any Certificate of Registration (CoR) to new NBFCs for acceptance of public deposits.Presently, the maximum rate of interest an NBFC can offer is 12.5%. The interest may be paid or compounded at rests not shorter than monthly rests. The NBFCs are allowed to accept/renew public deposits for a minimum period of 12 months and maximum period of 60 months. They cannot accept deposits repayable on demand.37. In respect of companies which do not fulfill the 50-50 criteria but are accepting deposits – do they come under RBI purview?A company which does not have financial assets which is more than 50% of its total assets and does not derive at least 50% of its gross income from such assets is not an NBFC. Its principal business would be non-financial activity like agricultural operations, industrial activity, purchase or sale of goods or purchase/construction of immoveable property, and will be a non-banking non-financial company. Acceptance of deposits by a Non-Banking Non-Financial Company are governed by the rules and regulations issued by the Ministry of Corporate Affairs.38. Why is the RBI so restrictive in allowing NBFCs to raise public deposits?The Reserve Bank's overarching concern while supervising any financial entity is protection of depositors' interest. Depositors place deposit with any entity on trust unlike an investor who invests in the shares of a company with the intention of sharing the risk as well as return with the promoters. Protection of depositors' interest thus is supreme in financial regulation. Banks are the most regulated financial entities. The Deposit Insurance and Credit Guarantee Corporation pays insurance on deposits up to ₹ One lakh in case a bank failed.39. Which are the NBFCs specifically authorized by RBI to accept deposits?The Reserve Bank publishes the list of NBFCs that hold a valid Certificate of Registration for accepting deposits on its website: www.rbi.org.in → Sitemap → NBFC List → List of NBFCs Permitted to Accept Deposits. At times, some companies are temporarily prohibited from accepting public deposits. The Reserve Bank publishes the list of NBFCs temporarily prohibited also on its website. The Reserve Bank keeps both these lists updated. Members of the public are advised to check both these lists before placing deposits with NBFCs.40. Whether NBFCs can accept deposits from NRIs?Effective from April 24, 2004, NBFCs cannot accept deposits from NRIs except deposits by debit to NRO account of NRI provided such amount does not represent inward remittance or transfer from NRE/FCNR (B) account. However, the existing NRI deposits can be renewed.41. Can a Co-operative Credit Society accept deposits from the public?No. Co-operative Credit Societies cannot accept deposits from general public. They can accept deposits only from their members within the limit specified in their bye laws.42. Can a Salary Earners’ Society accept deposits from the public?No. These societies are formed for salaried employees and hence they can accept deposit only from their own members and not from general public.43. Is nomination facility available to the Depositors of NBFCs?Yes, nomination facility is available to the depositors of NBFCs. The Rules for nomination facility are provided for in section 45QB of the Reserve Bank of India Act, 1934. Non-Banking Financial Companies have been advised to adopt the Banking Companies (Nomination) Rules, 1985 made under Section 45ZA of the Banking Regulation Act, 1949. Accordingly, depositor/s of NBFCs are permitted to nominate one person to whom the NBFC can return the deposit in the event of the death of the depositor/s. NBFCs are advised to accept nominations made by the depositors in the form similar to one specified under the said rules, viz Form DA 1 for the purpose of nomination, and Form DA2 and DA3 for cancellation of nomination and change of nomination respectively.44. How does the Reserve Bank come to know about unauthorized acceptance of deposits by companies not registered with it or of NBFCs engaged in lending or investment activities without obtaining the Certificate of Registration from it?NBFCs that ought to have sought registration from RBI but are functioning without doing so are committing a breach of law. Such companies are liable for action as envisaged under the RBI Act, 1934. To identify such entities, RBI has multiple sources of information. These include market intelligence, complaints received from affected parties, industry sources, and exception reports submitted by statutory auditors in terms of Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2008. Further, the State Level Co-ordination Committees (SLCC) is convened by RBI in all the States/UTs on quarterly basis. The SLCC is now chaired by the Chief Secretary/ Administrator of the concerned State/UT and has, as its members, apart from the Reserve Bank, the Regional Directorate of the MCA/ ROC, local unit of SEBI, NHB, Registrar of Chits, ICAI, Economic Intelligence Unit of the State Police and officials from Law and Home Ministries of the State Government. As all the relevant financial sector regulators and enforcement agencies participate in the SLCC, it is possible to quickly share the information and agree on an effective course of action to be taken against entities indulging in unauthorized and suspect businesses involving funds mobilization from public.45. Can Proprietorship/Partnership Concerns associated/not associated with registered NBFCs accept public deposits?No. Proprietorship and partnership concerns are un-incorporated bodies. Hence they are prohibited under the RBI Act 1934 from accepting public deposits.46. There are many jewellery shops taking money from the public in instalments. Is this amounting to acceptance of deposits?It depends on whether the money is received as advance for delivering jewellery at a future date or whether the money is received with a promise to return the same with interest. The money accepted by Jewellery shops in instalments for the purpose of delivering jewellery at the end of the period of contract is not deposit. It will amount to acceptance of deposits if in return for the money received, the jewellery shop promises to return the principal amount along with interest.47. What action can be taken if such unincorporated entities accept public deposits? What if NBFCs which have not been authorized to accept public deposits use proprietorship/partnership firms floated by their promoters to collect deposits?Such unincorporated entities, if found accepting public deposits, are liable for criminal action. Further NBFCs are prohibited by RBI from associating with any unincorporated bodies. If NBFCs associate themselves with proprietorship/partnership firms accepting deposits in contravention of RBI Act, they are also liable to be prosecuted under criminal law or under the Protection of Interest of Depositors (in Financial Establishments) Act, if passed by the State Governments.48. What is the difference between acceptance of money by Chit Funds and acceptance of deposits?Deposits are defined under the RBI Act 1934 as acceptance of money other than that raised by way of share capital, money received from banks and other financial institutions, money received as security deposit, earnest money and advance against goods or services and subscriptions to chits. All other amounts, received as loan or in any form are treated as deposits. Chit Funds activity involves contributions by members in instalments by way of subscription to the Chit and by rotation each member of the Chit receives the chit amount. The subscriptions are specifically excluded from the definition of deposits and cannot be termed as deposits. While Chit funds may collect subscriptions as above, they are prohibited by RBI from accepting deposits with effect from August 2009.E. Depositor Protection Issues49. What are the salient features of NBFC regulations which the depositor may note at the time of investment?Some of the important regulations relating to acceptance of deposits by NBFCs are as under:The NBFCs are allowed to accept/renew public deposits for a minimum period of 12 months and maximum period of 60 months. They cannot accept deposits repayable on demand.NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is 12.5 per cent per annum. The interest may be paid or compounded at rests not shorter than monthly rests.NBFCs cannot offer gifts/incentives or any other additional benefit to the depositors.NBFCs should have minimum investment grade credit rating.The deposits with NBFCs are not insured.The repayment of deposits by NBFCs is not guaranteed by RBI.Certain mandatory disclosures are to be made about the company in the Application Form issued by the company soliciting deposits.50. What precautions should a depositor take before placing deposit with an NBFC?A depositor wanting to place deposit with an NBFC must take the following precautions before placing deposits:That the NBFC is registered with RBI and specifically authorized by the RBI to accept deposits. A list of deposit taking NBFCs entitled to accept deposits is available at www.rbi.org.in → Sitemap → NBFC List. The depositor should check the list of NBFCs permitted to accept public deposits and also check that it is not appearing in the list of companies prohibited from accepting deposits, which is available at www.rbi.org.in → Sitemap → NBFC List → NBFCs who have been issued prohibitory orders, winding up petitions filed and legal cases under Chapter IIIB, IIIC and others.NBFCs have to prominently display the Certificate of Registration (CoR) issued by the Reserve Bank on its site. This certificate should also reflect that the NBFC has been specifically authorized by RBI to accept deposits. Depositors must scrutinize the certificate to ensure that the NBFC is authorized to accept deposits.The maximum interest rate that an NBFC can pay to a depositor should not exceed 12.5%. The Reserve Bank keeps altering the interest rates depending on the macro-economic environment. The Reserve Bank publishes the change in the interest rates on www.rbi.org.in → Sitemap → NBFC List → FAQs.The depositor must insist on a proper receipt for every amount of deposit placed with the company. The receipt should be duly signed by an officer authorized by the company and should state the date of the deposit, the name of the depositor, the amount in words and figures, rate of interest payable, maturity date and amount.In the case of brokers/agents etc collecting public deposits on behalf of NBFCs, the depositors should satisfy themselves that the brokers/agents are duly authorized by the NBFC.The depositor must bear in mind that public deposits are unsecured and Deposit Insurance facility is not available to depositors of NBFCs.The Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.51. Does RBI guarantee the repayment of the deposits collected by NBFCs?No. The Reserve Bank does not guarantee repayment of deposits by NBFCs even though they may be authorized to collect deposits. As such, investors and depositors should take informed decisions while placing deposit with an NBFC.52. In case an NBFC defaults in repayment of deposit what course of action can be taken by depositors?If an NBFC defaults in repayment of deposit, the depositor can approach Company Law Board or Consumer Forum or file a civil suit in a court of law to recover the deposits. NBFCs are also advised to follow a grievance redress procedure as indicated in reply to question 57 below. Further, at the level of the State Government, the State Legislations on Protection of Interest of Depositors (in Financial Establishments) empowers the State Governments to take action even before the default takes place or complaints are received from depositors. If there is perpetration of an offence and if the intention is to defraud, the State Government can even attach properties.53. What is the role of Company Law Board in protecting the interest of depositors? How can one approach it?When an NBFC fails to repay any deposit or part thereof in accordance with the terms and conditions of such deposit, the Company Law Board (CLB) either on its own motion or on an application from the depositor, directs by order the Non-Banking Financial Company to make repayment of such deposit or part thereof forthwith or within such time and subject to such conditions as may be specified in the order. After making the payment, the company will need to file the compliance with the local office of the Reserve Bank of India.As explained above, the depositor can approach CLB by mailing an application in prescribed form to the appropriate bench of the Company Law Board according to its territorial jurisdiction along with the prescribed fee.

I’m not black, but I get what black lives matter is about.I just finished listening to Malcolm Gladwell’s Revisionist History podcast. It’s pretty amazing, in my opinion, what we’ve…lost in history. In particular, for this question, I’d encourage you to listen to this episode, and the next. I’d also encourage you to listen to the entirety of Serial podcast, Season Three. But I’ll wrap it up below.But allow me to summarize what he was getting to, and this could take a while to establish the context for which many live their lives.Jim Crow laws instituted essentially a separate subculture within America for black people. We all know this, but I’m not sure we really get it.I think we’ve all seen this before.But have we actually stopped to think about what this means? That an entire group of people simply based on how they look is deemed to be “less than?”Reading about what happened at the time I’m full of despair. When I try to put myself in their shoes, you have to wonder what could you do?Nathaniel Johnson was a black man in 1950s postbellum Georgia. He was arrested for rape and assault of a white woman. He confessed to the crime…kind of. He was sentenced to death. He was executed.To put things in perspective, during these postbellum days, if a white man were convicted of raping a black woman, he would be sentenced to 2 years, maximum.Why did I say “kind of” confessed? Here’s his statement from the trial:“I don’t know, I just don’t feel that it was, it would be, it would be, well, it would be, you know, for me to say it, but to tell the truth about it, well. I am here to say today that I am not guilty of rape. I won’t give this statement which would run the facts down on what really happened and everything to keep from bringing a disturbment in a century of Colored and White at this time. I don’t want to be responsible for it.”The real story is as follows:The woman in question was a nurse at the hospital. They had a consensual sexual relationship. She was introduced by a black assistant nurse at the same hospital. Miscegenation being looked upon the way that it was in antebellum Georgia, they had their fun in his car on back roads. One night she tells him she’s pregnant. They have an argument over this, we can only presume why. He hits her — I’m not going to pull my punches, he was guilty of abusing her in this case.She goes and says that he raped her.He confessed because his court appointed attorney told him that he would only get a few years if he confessed. Instead they gave him the death penalty.With this story in hand and all the questions about it, a young lawyer, Vernon Jordon, went to every step in the ladder to try to get a stay of execution to give him time to put together an appeal. The AG refused to see him in his office, opting to brow beat him from behind his desk and secretary. The Chief Justice laughed him out of his office:Ah, that Colored boy who went out there on the road and raped that woman. I don’t want to hear about that.The Governor pretended to be on vacation. And then it was too late.https://www.washingtonpost.com/archive/opinions/2006/01/14/what-would-dr-king-think/de31bec8-3447-4d0a-884f-c0e9420f7322/The more you read about life in these days, the more despair your feel. Like there’s nothing you can do and the system is built for you to fail.Donald Hollowell was famous for being the attorney for Dr. Martin Luther King. When he had an order to get him released from prison, the state moved him, surreptitiously in the middle of the night, working faster than any bureaucracy has a right to, to shuttle Dr King to the state prison. So Hollowell went and pulled him out of there within hours of being rebuffed at the county jail.Police shooting black kids, lying about it on the stand, and getting off is nothing new.Hollowell tried the case of AC Hall a 17 year old gunned down by police. Hollowell broke down the officer’s lies on the stand to the point where he was crying.The jury found the officer “not guilty” nevertheless. You get the sense though…Hollowell didn’t expect to win.There was a case where a man was found beaten to death. The girlfriend blamed it on a black man she saw around town she claimed she watched kill him. It turned out she actually had 2 boyfriends, one caught the other and beat him to death. Rather than lose both boyfriends she blamed it on the black guy. Without Hollowell’s calm, calculating investigation, the black man would have been executed.For essentially 400 years, people with dark skin have been treated as second class citizens.Enslaved, knowing that even a piece of paper declaring their freedom would be trumped by the color of their skin if they went to across the wrong border.Not allowed to drink from the same water fountains, not allowed to even look at a white woman.Politicians of the time, George Wallace, Lester Maddox, and many, many more would give speeches so full of racist bile and hatred, yet they were applauded and elected, and re-elected.That seems like a long time ago, right?1970. Lester Maddox went on the Dick Cavett show in 1970 and went on a rant about how segregation is the way that things should be and that the real racists are the people that he sees as wanting to get rid of races by allowing miscegenation. He was governor of Georgia until 1971.People that were alive then…are still alive now. The beliefs they had then, have still been passed on to people alive now.Sociocultural Inertia (I don’t know if that’s a thing or if I just made it up) is insidious. Hey, conservatives, the brakes on cultural progress, is this really what we need to preserve?PV = NRTSome people might recognize this as the ideal gas law. The idea is that if manipulate one of these values, it will affect all the others. If you lower the temperature, you’ll lower the pressure. If you increase the heat, the pressure increases.If the pressure increases enough, and the container holding you in weakens, it will explode.So we look into the present.Let’s look the second incident that triggered black lives matter, Ferguson Missouri and the killing of Michael Brown.Yes, the initial reaction to shooting was wrong. All the evidence indicates Michael Brown did rob the store and then tried to take the gun from the officer. Maybe the officer didn’t need to shoot him…but the shooting was justified. So why should we have sympathy for a community tearing itself to pieces? Because the pressure was letting out and this incident was a depressurization event that opened up a crack in the containment of the authority.For years the city of Ferguson were using the police to meet budget shortcomings and eventually allocated budgets based on the revenues from the police. The police force was entirely constituted with officers from outside of the community. They were also mostly white, while the community was almost entirely black. As a result, the black community was essentially harassed and persecuted for the most minor offenses and charged fully for it in order to fund the police to persecute them further.[1]Look at other policies, like stop and frisk. White kids use drugs as much if not more often as black kids, they were stopped less frequently and arrested far less frequently.We can go back and look at Trayvon Martin also. To put it frankly, George Zimmerman was full of shit. He was a smug asshole during the trial and went full asshole after the trial selling garbage right wing paintings, beating his significant others and getting arrested for weapons violations all while playing the victim.We can look at other highly publicized cases like John Crawford that were deemed “not SWATing” and a justified killing. We have a man — in an open carry state, where white people need to virtue signal by wearing AR-15s on their back to the grocery store — in Walmart carrying a fucking BB gun he picked up in the store to be purchased was gunned down by a police officer within seconds of responding to a call where a customer claimed he was pointing the gun at people threateningly (surveillance cameras indicate that — no, he wasn’t). The police officer lied and said he told him to drop the gun, and the swatter lied about the call.No one got in trouble.Deniers bring up statistics without context about white people and black people getting killed by police. It just makes me shake my head.But go listen to season 3 of Serial. It follows several different people in the Cleveland County court. It’s heartbreaking. It’s despairing.The entire system is bent against people who can’t afford it. When the justice system is literally against you, no one can help it feels like. The very people who I always felt like should be looking out for my best interests…they don’t care.In cases where it seems like there’s evidence that someone was discriminated against, no defense attorney is willing to take it on because they depend on income from the system giving them public attorney cases. Other times cops will go out of their way to find anything wrong with the person suing them to the point that they become either completely beaten down, completely publicly incredible, or so far in public debt they basically have to go jail.In Fairfax, I, as a middle class white guy, drove with a suspended license accidentally and expired plates, was let go with a bench warrant and told to drive home without a license and get it taken care of when pulled over for accidentally getting onto HOV at the wrong time of day.Let me put this in one other way.On Quora I see tons of people applauding the notion that if someone is bullying you, that it’s appalling that administrators would punish you for fighting back. That the best thing you can do to overcome bullying is to fight back. That if your kid is constantly bullied, you should help them physically fight back.Most of the same people are wondering why Black Lives Matter exists.It’s really easy to empathize with a little kid getting pushed around by a big kid.It’s not so easy, for some reason, to empathize with an entire minority group being systematically bullied.I hear a lot of men wringing their hands over false rape allegations during #MeToo. Imagine that you’re falsely accused of rape. You’re told the best thing to do is to confess, you’ll get off easy. They fast track your case, you confess…you get the death penalty. They fast track your punishment. That’s what it was like to be black until maybe 20 years ago.Right now, Harvey Weinstein has been accused, credibly of raping or harassing literally dozens of famous actresses. His trial is constantly delayed. He might never see jail time.[2] If someone like me were accused, I probably wouldn’t even lose my job.Anyone remember the Central Park 5? Trump still refuses to admit he was wrong about the Central Park 5. Our fucking president took out a full page advertisement in the New York Times demanding they be put to death…for crimes they didn’t commit.Black lives matter is about fighting back against a bully.Now…imagine they’re white.Don’t get me wrong. Things are better for everyone than they’ve ever been.But there’s still miles to go.Footnotes[1] https://www.justice.gov/sites/default/files/opa/press-releases/attachments/2015/03/04/ferguson_police_department_report.pdf[2] Harvey Weinstein's sex-crimes trial delayed to January; he pleads not guilty at new arraignment