[quote=briansd1]jstoesz and flu, those usurious charges are not fees for service to pay for the machines and infrastructure.
Those usurious “fees” are entire billion-dollar business models.
That’s where your opinions don’t reconcile with science and data.
Notwithstanding the choices, the poorest of Americans are still being nickle and dimed and extorted. A decent society does not allow that to happen.
Banks are licensed to encourage proper allocation of capital and to encourage productivity in the economy. They should not be licensed to extort money from the most vulnerable of Americans.[/quote]
I heard the Iphones 4s has a profit margin of over 50%. Is that abusive too? Can you imagine a bank with that kind of profit margin (JP morgan just quoted 17.5%)?
Brian, it is time for people (and banks) to pull up their big boy pants.
