Those Banksters are at it again sticking it to the account holders. Through the Financial Reform Bill that made the Federal Reserve Bank the economic dictator over the US economy. In that bill caps the interchange fees that will hurt the banks and not the retailers. Right now the interchange fees the retailers pay the banks are at 44 cents would be capped at 12 cents. This they say would hurt the big banks, This is what the Federal Reserve bank is recommending.
So what is the banks way of compensating for this loss? Their solution is limiting ATM purchases to as much as $100 and as little as $50. They are looking into monthly bank fees on debit and checking accounts. All this is proposed by the big banks. All these banks have been involved in fraudulent foreclosures and committing fraud on overdrafts manipulation people accounts to get a check to bounce that should have never have bounced in the first place. Not they want to limit access to people's own money limiting debit purchases. Why limit purchases.Should the banks encourage more debit purchases to compensate the losses instead of limiting the amount on transactions?
At this point we should never trust the big banks anymore. These are the same people who created the economic problems that plague this nation. I do not trust them anymore with my hard earned money. Look at this with great suspicion. They are a bunch of crooks.
So what is the banks way of compensating for this loss? Their solution is limiting ATM purchases to as much as $100 and as little as $50. They are looking into monthly bank fees on debit and checking accounts. All this is proposed by the big banks. All these banks have been involved in fraudulent foreclosures and committing fraud on overdrafts manipulation people accounts to get a check to bounce that should have never have bounced in the first place. Not they want to limit access to people's own money limiting debit purchases. Why limit purchases.Should the banks encourage more debit purchases to compensate the losses instead of limiting the amount on transactions?
At this point we should never trust the big banks anymore. These are the same people who created the economic problems that plague this nation. I do not trust them anymore with my hard earned money. Look at this with great suspicion. They are a bunch of crooks.
Just use cash.
ReplyDeleteThey are getting ready to use the war on drugs to outlaw cash too...
ReplyDeleteI feel so much safer!
ReplyDeleteUse gold, sliver and barter. Keep the thieving government and bankers out of your business.
ReplyDeleteYou people should be ashamed of yourselves for criticizing the Banksters. The Filthy Rich have better life styles than us dregs. They need more money to support their lavish lives due to inflation. You should be proud to live in a cardboard box and eat out of the trash. Just keep remembering that the terrorists hate your freedoms and Israel is your friend. Go back to sleep.
ReplyDeleteLet em eat lead..
ReplyDelete"But a Bank of America spokesman declined to comment on whether the bank would cap debit card purchases at $50 or $100."
ReplyDeleteWhat a load of crap. Bank of America spokeman also declined to comment on Elvis being alive, big foot, UFOs and Obama being a women.
I found out about national banks over ten years ago and have only used local banks since then. If this comes to pass and my bank implements it, I will no longer have bank accounts.
ReplyDeleteYou people should be ashamed of yourselves for doing nothing to stop the govt's continuous pillage of your families and country.
ReplyDeleteCowards hide out and type in their bedrooms and whine while DOING NOTHING TO END THE INJUSTICE.
To the grammar NAZI. One thing I learned about critics who pick people apart. They are the most miserable people to ever be around. If you do not like that my writing is not perfect. Stay the hell away. What is the truth people who point out the flaws in others never look at the own.Perhaps they have more worst character flaws.So go get a life. PS I am not being anonymous like you are . If you say comment under anonymous again saying such things and cannot argue about the merits. I will delete your comments every time.
ReplyDelete