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Bank of America now wavering on debit-card fees
Message
From
03/11/2011 22:42:36
Mike Cole
Yellow Lab Technologies
Stanley, Iowa, United States
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01527603
Message ID:
01528022
Views:
58
>>>>Maybe I wont have to close my BOFA account after all...
>>>>http://bottomline.msnbc.msn.com/_news/2011/10/28/8523537-some-big-banks-back-down-from-debit-card-fee
>>>
>>>Corporations are still evil. The other day I got an email from Redbox saying they were raising their DVD rental rate from $1 a day to $1.20, attributing it to increased debit card fees. The more corporate malfeasance I observe the more I agree with Dragan.
>>
>>How is that corporate malfeasance?
>>
>>Also, you butchered their statement:
>>
>>
>>The price change is based on an increase in operating costs, including higher debit card fees that went into effect October 1.
>>
>>
>>http://www.redbox.com/pricechange
>
>That wasn't the article I read. Be that as it may, how does what I posted butcher their statement? They said they were raising rates from $1 a day to $1.20 a day due to increased debit card fees. Did you read it differently?
>
>I'll cut you some slack on the corporate malfeasance point, since there are far more guilty parties than RedBox. Like the banks and investment banks, for instance. It is truly a triumph of spin to paint those who are protesting against them as the problem. The incomparable Barry Blitt of The New Yorker nailed it again in his cover drawing last week -- bankers looking like the Monopoly player piece strutting around saying things like "No problem here" and "Keep things precisely as they are."
>
>I have already violated my pledge not to get into it on the hot button threads. I give myself a mulligan in replying to a reply you posted to me. Take care.

RedBox raised their prices and you're in a tizzy about it? Really? That's scary.
Very fitting: http://xkcd.com/386/
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