Mr. T Posted March 2, 2010 Report Share Posted March 2, 2010 US banks stand to collect a record $38.5bn in fees for customer overdrafts this year, with the bulk of the revenue coming from the most financially stretched consumers amid the deepest recession since the 1930s, according to research. The fees are nearly double those reported in 2000. The finding is likely to increase public hostility towards the financial sector, which has been under political pressure to ease the burden on consumers by increasing credit availability and lending more fairly after being bailed out by taxpayers. link here Is this the fault of Bankers for charging exhorbarant fees, or is it the fault of Americans because they fail to do simple 6th grade math? Do you know what your bank balance is on a daily basis or do you wait until 3 days after you receive your statement. Link to comment Share on other sites More sharing options...
calfoxwc Posted March 2, 2010 Report Share Posted March 2, 2010 Well, I guess the pizza delivery guy who got a bank loan to buy a house, (true story), figures he is entitled to check by check bailouts to pay his bills. marxists/liberals/communists/progressives/statists like Heck believe in personal dependability on government. Conservatives believe in personal accountability. Heck is a liablity in any decent, respectful conversation. Too bad he doesn't have Shep around to make him feel superior to us humans. @@ Link to comment Share on other sites More sharing options...
Mr. T Posted March 3, 2010 Author Report Share Posted March 3, 2010 Today to many people have made bad decisions, and have allowed themselves to become dependent instead of being independent. Link to comment Share on other sites More sharing options...
calfoxwc Posted March 3, 2010 Report Share Posted March 3, 2010 Yes. It's the age of entitlement. Entitled to free money - somebody elses. Free health care, free mortgages, all paid for by those who actually work hard in life, and made lives for themselves. Need we post again, the video of the woman who was celebrating obaMao's victory, saying she won't have to pay her bills anymore, obaMao would pay them? Some reporter asked her where the money would come from. She said she didn't know, but it was obaMao's money for her. The generous "great society" of LBJ has fostered a whole subculture of Americans who are dependent by choice, and greedy by politically induced corruption - by leftists like obaMao, and the rest. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.