Quote:
Originally Posted by fatbuckRTO
Huh? The fee on debit card use is in response to the cap on the debit card fees banks could charge businesses. Right or wrong, BoA is just passing those costs (or, reduction of incomes) on to consumers. Durbin knew that would happen but tried to pretend that his amendment would somehow benefit small businesses. Pretty smart; now that what Durbin knew would happen actually has happened, he can play "champion of the people" and focus more hate on the banks that raise debit card fees.
But I suppose small business owners are saving some money. Until they use their own debit cards...
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I went in to it with a vague recollection of new regulations on fees
I wrote a little sumtin
I read the pbs link
I googled Durbin
I said found two links and read them
I said "Dat wittle rascal is dee-yoosh"
I posted links
I hit submit without a care in the world.
I typed that first part
To hell with anybody who demands I delete my hard work typing.
I learned a little in the process.
I feel I've grown a little.