Did Congress Kill the Debit Card?
I've discovered a fondness for squirrels lately, so I don't like to malign them by using their species in a negative way, but here is another example of how the corporations like to grab hold of our money and not let go.
The government tried to help out consumers by putting a cap on the fees banks could get from retailers for Debit Card use.
Leave it to the corporations to find a way to make sure they get their money; they're making up the revenue difference from retailers by charging customers directly when they use their debit card. It starts at Bank of America. Next? Who knows.
The person who wrote the article linked above blames the government. I blame the corporations.
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