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Obama on Banking Fees
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To
06/10/2011 16:10:19
Mike Cole
Yellow Lab Technologies
Stanley, Iowa, United States
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01525802
Message ID:
01525804
Views:
54
>From the presser today:
>
>"People are blaming financial regulation for raising fees."
>
>That's right, I'm sure they're just absorbing the extra costs of compliance officers. Amateur hour in the White House. Anybody want to rethink their assessment of Obama's supreme brilliance? Anybody? Bueller?

How about Bank of America's plan to charge customers 5 bucks a month for having a debit card? Bank of America CEO Brian Moynihan: says they have ‘a right to make a profit’. Of course last year I think their profits exceeded 3 billion dollars and they're also cutting 30,000 jobs. This is simply a way of screwing the customers who have the least money. I called them and said if they start doing that I will close my accounts. The response I got was "oh ..this won't effect you sir, so you should not care". I was tempted to close my accounts right then but I will wait until the new fee's on the poorest customers happens. What a bunch of creeps!
ICQ 10556 (ya), 254117
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