I am not sure what the proper amount should be but there does need to be limits
random thoughts Send a noteboard - 20/12/2010 11:10:18 PM
Right now VISA and MC can pretty much dictate the terms and if you don't like it you can try running a store that won't accept credit cards. Maybe they can stop offer all those reward systems that only favor the wealthy and businerss travelers. The rest of us are paying for those free miles with higher fees being passed onto to us from the retailer.
This message last edited by random thoughts on 20/12/2010 at 11:11:16 PM
Fed Proposes 12-Cent Max Fee On Merchant Debit Fees
17/12/2010 06:00:35 PM
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I'm a little iffy on this
17/12/2010 09:08:56 PM
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It may hurt consumers, it will hurt the banks
18/12/2010 06:03:40 AM
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I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM*
20/12/2010 03:26:04 PM
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I'm so glad Visa and Mastercard are so worried about consumers, especially given THEIR tight budgets
17/12/2010 09:14:53 PM
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You do know Barney Frank (Democrat and major liberal and progressive) is against the change
18/12/2010 06:18:37 AM
- 538 Views
I didn't; guess that just means he's wrong. I fail to see how opposing this is progressive at all.
18/12/2010 12:49:36 PM
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It has nothing to do with being progressive, it has everything to do with his banker constituents. *NM*
20/12/2010 01:30:04 PM
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I figured, but, as you say, nothing progressive in that.
20/12/2010 02:44:47 PM
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I am just pointing out that Evil is not unique to a single political party
20/12/2010 06:56:29 PM
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It wouldn't be nearly as effective it it were; it's quite systemic, for a reason.
20/12/2010 07:46:29 PM
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Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh.
17/12/2010 09:37:20 PM
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Curious.
20/12/2010 07:02:05 PM
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True, that does amount to largely the same thing.
20/12/2010 07:12:27 PM
- 574 Views
I am not sure what the proper amount should be but there does need to be limits
20/12/2010 11:10:18 PM
- 582 Views