SCOAMF to Bank of America: I do think at a certain point youve made enough money

Well, that's not exactly what he said. It's what he said before about those millionaires and billionaires (which are exactly the same except for, you know, that x1,000 thing).

No, this is what he said about Bank of America

[Bank of America's $5/month debit card fee] is exactly why we need this Consumer Finance Protection Bureau that we set up that is ready to go," Obama said. "This is exactly why we need somebody who's sole job it is to prevent this kind of stuff from happening. ... You can stop it because if you say to the banks, You don't have some inherent right just to you know, get a certain amount of profit. If your customers are being mistreated. That you have to treat them fairly and transparently. (emphasis added)

Same as the other quote, really. But can he honestly be this dumb? (yes, that's rhetorical).

Does he not understand that the Dodd-Frank law that created his Consumer Finance Protection Bureau also contained something called the "Durbin Amendment" (named of course after Dick Turban)? The Durbin Amendment significantly reduced the amount of fees banks could charge merchants for debit card use, which was great for the Wal-Marts of the world who lobbied for it. Bank of America, not so much.

How did he expect Bank of America (and other banks) to respond? He and the Dems took billions of dollars out of their pockets and they're supposed to just lie there and take it?

Why yes. Yes they are.

Of course, clown prince Durbin also had this to say about the issue

"Get the heck out of that bank," Durbin said Monday on the Senate floor. "Find yourself a bank or credit union that wont gouge you for $5 a month. ... What Bank of America has done is an outrage."

I actually agree with Durbin to a point. A customer is free to go elsewhere if they feel "mistreated" to quote the SCOAMF. Or they can, you know, pay for the convenience of using the debit card, use cash, write checks, use a credit card and pay off the balance each month, etc.

But Durbin should look in the mirror for the source of his outrage.

November 2012 can't get here soon enough.

Posted by: Andy at 11:37 AM



Comments

1 Mr. President, are you a socialist?
da Zero: "is that a real question?"

Posted by: The Thing (unreduxed) at October 04, 2011 11:39 AM (OlN4e)

2 The BoA deathwatch continues.

Posted by: Jean at October 04, 2011 11:39 AM (WkuV6)

3 Dick Turban before he dicks you.

Posted by: dfbaskwill at October 04, 2011 11:40 AM (71LDo)

4 That whirring noise you hear are the Founding Fathers, spinning in their graves, over what has happened to the Republic... sweet Jesus.

Hey, am I furst, or top five, hmmm?

Posted by: GuyfromNH at October 04, 2011 11:40 AM (c4H7b)

5 Same as the other quote, really. But can he honestly be this dumb? (yes, that's rhetorical).

Yes. Yes he can.

And speaking of....

Smartest. POTUS. Ever.

In an interview yesterday with ABCs George Stephanopoulos, President Obama was asked, "If hope and change define the 2008 campaign, what two words are going to make are going to define 2012?

PRESIDENT OBAMA: I you know, I havent quite boiled it down to a
bumper sticker yet. But I think whatll define 2012 is you know, our vision for the future. Thats three words. Four.GEORGE STEPHANOPOULOS: Its five, actually.


Posted by: lu at October 04, 2011 11:41 AM (6lR9y)

6 Please forgive me, I forgot to holler the obligatory "FIRST BITCHES!".

Posted by: The Thing (unreduxed) at October 04, 2011 11:41 AM (OlN4e)

7 The bullshit: it's shovel-ready.

Posted by: Sockpuppet Czar at October 04, 2011 11:42 AM (rghZy)

8 I do think at a certain point youve made enough jobs. Jan 2009 baby!

Posted by: Barack Obama at October 04, 2011 11:42 AM (7BU4a)

9 You don't have some inherent right just to you know, get a certain amount of profit.

Quite right. You have a right to try for as much profit as you can get, but you have no right to it. Say, what's George III doing now. He can't be worse than this guy.

Posted by: The Founding Fathers at October 04, 2011 11:42 AM (YXmuI)

10 Take money from the bank, demand a higher amount of capitalization and bitch at them when they raise fees. Then, stand back and watch for the next "emergency." This collapsing the system thing is easy.

Posted by: cloward and piven inc. at October 04, 2011 11:43 AM (OzsEW)

11 New heights of POTARDitude are ascended daily.

Posted by: J. Moses Browning at October 04, 2011 11:43 AM (c33MC)

12 Barack Obama is a stuttering clusterfuck of a miserable failure. Just so you know.

Posted by: joncelli at October 04, 2011 11:43 AM (RD7QR)

13
Warren Buffett hardest hit.

haha!

Posted by: soothsayer at October 04, 2011 11:43 AM (G/zuv)

14 GEORGE STEPHANOPOULOS: Its five, actually.

Sounds like he's lost George S. too. First time I've really enjoyed his smugness.

Posted by: pep at October 04, 2011 11:44 AM (YXmuI)

15 which was great for the Wal-Marts of the world who lobbied for it.

Crony socialism you can believe in.

On the plus side though, Walmart isn't going to cost us half a billion dollars.

Posted by: 18-1 at October 04, 2011 11:44 AM (7BU4a)

16 Dickless Dirtbag. That asshole simply needs to be ejected off of the planet

Posted by: TheQuietMan at October 04, 2011 11:44 AM (1Jaio)

17 GEORGE STEPHANOPOULOS: Its five, actually.

Obviously, AttackWatch needs to be notified!

Posted by: runningrn at October 04, 2011 11:45 AM (0fUOB)

18 "Get the heck out of that bank," Durbin said Monday on the Senate floor.
"Find yourself a bank or credit union that wont gouge you for $5 a
month. ... What Bank of America has done is an outrage."

Yeah, except that almost all the other banks are doing it too. The ones that aren't are making up for it somewhere else.

And the only one that the MFM (and Fox) mention is BOA. They must be the Perry of the banking world.

Posted by: Vic at October 04, 2011 11:45 AM (M9Ie6)

19 While I think what BOA is doing is wrong- charging $5 to use your/their debit card- I sure don't want any Gov Panel telling them they can not do it. The public will decide and vote with their feet. That is what democracy and capitalism is all about. And that is what obama can never understand

Posted by: Nevergiveup at October 04, 2011 11:46 AM (i6RpT)

20
I always joke about Barack Obama's vision.

Now my joke has been realized. Obama himself admits that all he has to offer is a vision.


Posted by: soothsayer at October 04, 2011 11:46 AM (G/zuv)

21 Quite right. You have a right to try for as much
profit as you can get, but you have no right to it. Say, what's George
III doing now. He can't be worse than this guy.

Posted by: The Founding Fathers at October 04, 2011 11:42 AM (YXmuI)
which is betterto be ruled by one tyrant three thousand miles away, or by three thousand tyrants not a mile away?

Posted by: Mather Byles, Sr. at October 04, 2011 11:46 AM (7BU4a)

22 These democrats have ruined debit cards.

They were already on the ropes, too.

Why in the hell did they do that? I guess because credit cards are so much more profitable.

Poor folks who support democrats are stupid. Democrats want them to be poor and dependent forever. They think the ideal is lots of poor people with no hope but for the next check from the government.

Of course, Obama will win on rhetoric because a lot of people assume banks have infinite money. They can't charge a fee, because... just because!

I'm no fan of these bailout banks, either. I'm not much of a fan of huge and politically connected corporations that get special treatment. The solution is an informed electorate that won't tolerate this kind of management from DC.

Posted by: Dustin at October 04, 2011 11:46 AM (fF625)

23 You don't have some inherent right just to you know, get a certain amount of profit
Would he ever say this to the degenerate lefty Hollywood crowd and rapper filth that he wines and dines with??

As far as I can tell, very few of them create a goddamn thing. They don't employ people - well other than Botox injectors and personal shoppers.

Posted by: lu at October 04, 2011 11:46 AM (6lR9y)

24
No plan.

A vision.

Obama/Token White Guy Who Makes Him Look Smart 2012

Posted by: soothsayer at October 04, 2011 11:47 AM (G/zuv)

25 The Progressives are schizophrenic. They're screaming at the banks for not making enough money and having to be bailed out, and turn around, take money back out of their pockets through Durbin/Dodd-Frank, and scream that they shouldn't make money? Which is it?

This insanity is getting old. Banks can't redline! What? They're just using credit scores, but that has the effect of redlining? Why? Because statistics proves people who don't have the money to pay back a bank loan will probably default most of the time? That people who default on other obligations probably will stay consistent and default on the bank loan? Well screw that. We'll force them to issue the loans anyway. Hey wait, why the hell are you coming to me for bailouts? Can't you Rich Bank CEOS (aka "Jews") get your act together?

Look at the poor excuse for radicals that's smelling up Wall Street, yelling that nobody should be allowed to profit and make money. Thirty seconds later, they're demanding somebody who must be allowed to make profit to pay taxes take care of their student loan debt.

If I were Soros, I'd fire these idiots and get better help. I know he worked with some rather efficient administrators who really knew how to get the job done, back in his teenage years. Maybe that's why he's trying to resurrect that tried and true way of doing business, getting rid of this Democracy crap. Carl Schmitt was right: you can only have a democracy if all those who are different from you are dead. Once a progressive, always a progressive!

Posted by: Multitude at October 04, 2011 11:47 AM (ijdDW)

26 I'm glad I'm in a Credit Union.

Posted by: Oldsailor's poet at October 04, 2011 11:47 AM (ZDUD4)

27 Use cash.

Posted by: garrett at October 04, 2011 11:47 AM (NFRLh)

28 What Bank of America has done is an outrage.

Really. An outrage? A fee for a service is an outrage?

Posted by: Waterhouse at October 04, 2011 11:47 AM (umH4+)

29 The thing is, banks used to charge for checking accounts.. a small fee every month.. like $5!

But when debit cards came into being, they found they could make money from that source and to stay competitive most banks dropped those fees.

I agree with Andy.. people have choices.. move to another bank.. (although it may be difficult to find one that doesn't charge fees after a while), pay with cash, or use credit cards instead.

But, our SCOAMF doesn't really understand profits and business in general, because all he ever did was teach and be a community organizer..

Posted by: Chi-Town Jerry at October 04, 2011 11:48 AM (f9c2L)

30
No plan.

No experience.

No patriotism.

No good.

Obama 2012
Vote for the Vision

Posted by: soothsayer at October 04, 2011 11:48 AM (G/zuv)

31 Poor folks who support democrats are stupid. Democrats want them to
be poor and dependent forever. They think the ideal is lots of poor
people with no hope but for the next check from the government.

Neo-feudalism doesn't work when the serfs have mobility and a reasonable expectation that they can keep the wealth they create...

Posted by: 18-1 at October 04, 2011 11:48 AM (7BU4a)

32 The Dog-Eat-Dog rule looked good on paper, too.

Posted by: Vashta Nerada at October 04, 2011 11:48 AM (D5iHx)

33
"You don't have an inherent right justto--you know--get a certain amount of profit."
Yargh! Who let him off the leash??

Posted by: Teleprompter of the US at October 04, 2011 11:48 AM (dLNBL)

34 What Bank of America has done is an outrage.

Really. An outrage? A fee for a service is an outrage?
Posted by: Waterhouse at October 04, 2011 11:47 AM (umH4+)

What BOA is doing is a business decision. Lets see how it works out for them. I bet 50-50 it gets revoked.

Posted by: Nevergiveup at October 04, 2011 11:49 AM (i6RpT)

35 I'm glad I'm in a Credit Union.

Me too. Have been for over a decade and I can't see myself anywhere else.

Posted by: lu at October 04, 2011 11:49 AM (6lR9y)

36 Oh, at last Saturday's post-run coffee, one of the libtardguys was bitching about BOA's debit card fee. I turned to him and said "That is a direct result of the Dodd/Frank financial reform bill, specifically the Durbin Ammendment." Heh! It was like I dropped a grenade on stupid. 4 or 5 people started jumping all over me, screaming about the necessity to protect consumers from escalating retail costs. They were all foaming at the mouth about how the banking industry is the most rapacious and greedy ever, blah, blah, blah. I just sat there and shook my head as they all blathered on incoherently, talking over eachother. My husband just looked at me as if to say "Really? Did you really have to go there?"
Every now and then, I like to stir the pot of their smug, wrongheaded, illogicalleftist worlds.

Posted by: runningrn at October 04, 2011 11:49 AM (0fUOB)

37 What Bank of America has done is an outrage.
I been paying $5 a month for my suntrust account long before this hit the news, I don't see the outrage

Posted by: AuthorLMendez (Ban k1rwm) at October 04, 2011 11:50 AM (yAor6)

38
I'm smart. I'm not dumb like people say. At least I can count to five.

Posted by: Fredo at October 04, 2011 11:50 AM (dLNBL)

39 Obama 2012Vote for the Vision

Barack, that you? I can't see!!!!

Posted by: Sheriff Joe Blindman at October 04, 2011 11:50 AM (0fUOB)

40 [Bank of America's $5/month debit card fee] is exactly why we need this
Consumer Finance Protection Bureau that we set up that is ready to go,"
Obama said. "This is exactly why we need somebody who's sole job it is
to prevent this kind of stuff from happening. ... You can stop it
because if you say to the banks, You don't have some inherent right just to you know, get a certain amount of profit. If your customers are being mistreated. That you have to treat them fairly and transparently. (emphasis added)


Call him a great orator again, I dare you. This guy speaks on a 4th grade level.

I've been ranting a bit this morning about how HW Jr. didn't compare him to Hitler with his comment, but the more he speaks, the more he actually SOUNDS like him.

Posted by: Sponge at October 04, 2011 11:51 AM (UK9cE)

41 If you like your debit card, you can keep your debit card.

Posted by: Thick Turban at October 04, 2011 11:51 AM (yn6XZ)

42 The Dems really aren't too keen on that whole actions and consequences thing, are they?

Posted by: alexthechick at October 04, 2011 11:52 AM (VtjlW)

43 The government needs more power so they can clean up the mess they made in the first place. /head slam into desk

"Honey, I'm going to need permission to fuck you sister so I can undo the damage of fucking your other sister. I'm trying to make this marriage work, and you're just obstructing me."

Posted by: shillelagh at October 04, 2011 11:52 AM (hRzu2)

44 Its five, actually
For some reason that reminded me of Austin Powers playing blackjack.
Dealer: "5."
Austin: "I'll stay"
Dealer: "I suggest you hit, sir!"
Austin: "I also like to live dangerously"
Dealer: "20 beat your 5 sir. I'm sorry, sir. "

Posted by: Jay at October 04, 2011 11:52 AM (3LaGb)

45 Every now and then, I like to stir the pot of their smug, wrongheaded, illogical leftist worlds.

Posted by: runningrn at October 04, 2011 11:49 AM (0fUOB)

Runningrn, you're probably the only conservative they know. Lefties love to live in their insular world with nobody to ruin their delusions of superiority.

Posted by: joncelli at October 04, 2011 11:52 AM (RD7QR)

46 You don't have some inherent right just to you know, get a certain amount of profit. If your customers are being mistreated. That you have to treat them fairly and transparently.
God, I swear these people are too stupid to get some sleep. I guess the drones in this country are too fookin SOFT and lazy to switch banks now.I would of dropped BOA when they started giving out CC's to illegal aliens.
Were Doomed.

Posted by: dananjcon at October 04, 2011 11:52 AM (8ieXv)

47 I like to stir the pot of their smug, wrongheaded, illogicalleftist worlds.

I like your style I'm a picker too.

Stupid shits just need to be told that they are stupid shits occasionally.

Posted by: lu at October 04, 2011 11:52 AM (6lR9y)

48
Martin Luther King had a dream.

Barack Obama has a vision.

In 2012, Keep Hope Alive.

Obama

Posted by: soothsayer at October 04, 2011 11:52 AM (G/zuv)

49 If you like your debit card, you can keep your debit card.
Posted by: Thick Turban at October 04, 2011 11:51 AM (yn6XZ)

Winner, winner, chicken dinner!

Posted by: runningrn at October 04, 2011 11:53 AM (0fUOB)

50 Call him a great orator again, I dare you. This guy speaks on a 4th grade level.

4th graders actually make sense. That quote from Obama is just garbled insanity.

Posted by: Waterhouse at October 04, 2011 11:53 AM (umH4+)

51 Oh awesome, he has a "vision". Not so much a plan really, more like a "wouldn't this be great?" kinda thing.

Apparently he's now basing his entire fucking presidency on a John Lennon song.

SCOAMF.

Posted by: Unclefacts Out Of Commenting Retirement Just For This One Thing at October 04, 2011 11:53 AM (6IReR)

52 I'm starting to get the feeling that this Obama fellow doesn't quite grasp this whole economics thing.

Posted by: Fred at October 04, 2011 11:53 AM (Xfofp)

53 I wonder how many of the Occupy Wall Street hippies are using BofA debit cards to buy their bottled water.

Posted by: LibertarianJim at October 04, 2011 11:53 AM (PReJ3)

54 You don't have some inherent right just to you know, get a certain amount of profit
Actually, the entire reason coroporations exists is to make a profit.

Posted by: Jay at October 04, 2011 11:53 AM (3LaGb)

55 Lefties love to live in their insular world with nobody to ruin their delusions of superiority adequacy.
FIFY

Posted by: Sean Bannion at October 04, 2011 11:53 AM (sbV1u)

56 Would everyone that has reached "that certain point" please raise their right hand.

Yeah, just like I thought.

Posted by: ontherocks at October 04, 2011 11:54 AM (HBqDo)

57 Just like people with asthma don't have an inherant right to, you know, breathe.

Posted by: SCOAMF at October 04, 2011 11:54 AM (/Mla1)

58
I'm glad I'm in a Credit Union.


Posted by: Oldsailor's poet
............
Credit unions need to cover their costs as well.. When interest rates were higher, the borrowers paid for the other services through their interest payments on loans. These days, all banking institutions - including credit unions - are feeling a pinch.

The new fees may go to retailers, or like BoA they will institute new account fees. But, one way or another, they have to make a profit.

Posted by: Chi-Town Jerry at October 04, 2011 11:54 AM (f9c2L)

59 Either way we as the customers were paying this. Via higher prices at the merchants who were charging us to cover what went to BofA under the old system. Now directly to BofA? The only difference is we as consumers now have greater visibility to the charge. Kind of like the Mom and Pop computer shops who give discount for cash vice credit cards since they have to pay a fee to the credit card companies.
Now, have Wal-Mart and the other stores discounted their prices to reflect they're no longer paying the fees?

Posted by: styrgwillidar at October 04, 2011 11:54 AM (FzhYM)

60
His policies are ethereal.

His agenda is divine.

Obama

Posted by: soothsayer at October 04, 2011 11:54 AM (G/zuv)

61 Kinda off topic and kinda not. I was looking forward to Terra Nova, the new FOX show, because it has dinosaurs and I am basically a seven year old (although, technically, today is my fifty-seventh birthday). But two and a half years of the 'Bamster have got me so gun shy that I really couldn't enjoy it once I figured out that their village in dinosaurland has a controlled economy. I mean, good lord, I am willing to accept the time travel and dinosaurs and all but my willingness to suspend disbelief ends when they start portraying a planned economy as being successful.

Posted by: WalrusRex at October 04, 2011 11:54 AM (TVvXc)

62 Anyone know where the scoamf meme started?

Posted by: Johnny at October 04, 2011 11:55 AM (QFj7I)

63 While I think what BOA is doing is wrong- charging
$5 to use your/their debit card- I sure don't want any Gov Panel telling
them they can not do it. The public will decide and vote with their
feet. That is what democracy and capitalism is all about. And that is
what obama can never understand

Posted by: Nevergiveup at October 04, 2011 11:46 AM

I don't think this is some kind of hate-the-people naked profit-grab. My take on it is that any reasonable company is going to find a way not to absorb the cost of government interference on its own. Oil, communication and other companies do the same. Otherwise, they don't make profits, and unless their execs are tight buddyroos with the stuttering clusterfuck of a miserable failure, they go out of business.

B of A has been doing stupid stuff -- mortgages for illegals, etc -- for years. I wish their actions had already wiped them out. But the reasons behind this fee increase go right to the friggin' libs in Congress and our Communist Traitor-in-Chief.

Posted by: MrScribbler at October 04, 2011 11:55 AM (YjjrR)

64 I'm beginning to believe the Obama doesn't like Capitalism.

Posted by: The Robot Devil at October 04, 2011 11:55 AM (136wp)

65 Runningrn, you're probably the only conservative
they know. Lefties love to live in their insular world with nobody to
ruin their delusions of superiority.

Posted by: joncelli at October 04, 2011 11:52 AM (RD7QR)
A facebook lib friend de-friended me because I told him that he can't handle hearing anything outside of his liberal echo-chamber...

Posted by: Hedgehog at October 04, 2011 11:55 AM (jkgfU)

66 I do think at a certain point you've been POTUS long enough. You don't have some inherent right to Air Force One and Presidential perks, just, you know, to get a certain amount of personal satisfaction and privilege.

Posted by: Car in at October 04, 2011 11:56 AM (52XZr)

67 Mr. President, are you a socialist?
Stop calling him a socialist!! He's trying to establish a system of fairness!

Posted by: FireHorse at October 04, 2011 11:56 AM (gyHyY)

68 PRESIDENT OBAMA: I you know, I havent quite boiled it down to a bumper sticker yet. But I think whatll define 2012 is you know, our vision for the future. Thats three words. Four.
GEORGE STEPHANOPOULOS: Its five, actually.
You don't have some inherent right just to you know, get a certain amount of words. If yourelectorate are being mistreated. That you have to treat them fairly and transparently.
Actually I kind of dig this.
Let's remind him he doesn't have some inherent right just to, you know, get a certain amount of revenue, especially if he's mistreating taxpayers.
Taxpayers should be treated fairly and transparently.

Posted by: Entropy at October 04, 2011 11:56 AM (IsLT6)

69 Please tell me if I have this correct:

-Durbin Amdt says banks cannot charge merchants and vendors as much as they did before for debit card use at their businesses, due to lobbying from Wal-Mart.

-BoA decides to recover some of that loss by adding a $5 monthly fee to their debit card account holders.

-SCOAMF gets pissed that a new government regulation causes a price hike

Is that right?

Can this jackhole really be that fucking retarded?!?!

Posted by: EC at October 04, 2011 11:56 AM (GQ8sn)

70 You don't have some inherent right just to you know, get a certain amount of profit

I, however, do have the inherent right to tell you how much profit you can have.

Posted by: WalrusRex at October 04, 2011 11:56 AM (TVvXc)

71 62
Anyone know where the scoamf meme started?

Riverside, Iowa. 2212

Posted by: The Robot Devil at October 04, 2011 11:56 AM (136wp)

72 58 Chi-Town Jerry at October 04, 2011 11:54 AM

I don't think you understand how credit unions operate. They are owned by the members, they don't have to make big profits.

Posted by: Oldsailor's poet at October 04, 2011 11:57 AM (ZDUD4)

73 Meh, B of A can charge whatever they feel like the market will bare. This is what happens when the government gets involved.
Before B of A charged the merchants and the merchants raised their prices accordingly. Now B of A can't do that so they have to charge us. The problem is that they can still charge for credit cards so the merchants are not going to reduce prices. We get hit twice because of gov. intervention.
I just wish B of A wouldn't have bought Sea First. I banked with them for decades before B of A bought them. That's life though.

Posted by: robtr at October 04, 2011 11:57 AM (MtwBb)

74 Posted by: WalrusRex at October 04, 2011 11:54 AM (TVvXc)

HAPPY BIRTHDAY!

Posted by: Tami at October 04, 2011 11:57 AM (X6akg)

75 Happy birthday, WalrusRex.

Posted by: LibertarianJim at October 04, 2011 11:57 AM (PReJ3)

76 I'll bet an IRA that Il Douche abdicates after Labor Day to take a Bite Me pardon. Announcement from a secure location in sub-Saharan Africa.

Posted by: icepick at October 04, 2011 11:57 AM (o0Uno)

77 57
Just like people with asthma don't have an inherant right to, you know, breathe.

Posted by: SCOAMF at October 04, 2011 11:54 AM (/Mla1)

Sure they can. Just get them a breathalyzer, er inhalator...

Posted by: King Putt off prompter at October 04, 2011 11:57 AM (jkgfU)

78 Stop calling him a socialist!! He's trying to establish a system of fairness!

He's trying to get us all into the fairness harness.

Posted by: WalrusRex at October 04, 2011 11:57 AM (TVvXc)

79 <em>Now, have Wal-Mart and the other stores discounted their prices to reflect they're no longer paying the fees?</em>

They probably gave that $$ to Obama's reelection effort.

Posted by: Car in at October 04, 2011 11:57 AM (52XZr)

80
Obama 2012
Let Him Bet On Your Future

"Hindsight is always 20/20. [Solyndra] went through the regular review process and people felt this was a good bet."


Posted by: soothsayer at October 04, 2011 11:57 AM (G/zuv)

81 4th graders actually make sense. That quote from Obama is just garbled insanity.

Posted by: Waterhouse at October 04, 2011 11:53 AM (umH4+)


Sorry, but you haven't been to a public school lately, have you?

Posted by: Sponge at October 04, 2011 11:57 AM (UK9cE)

82 BOA announces $5 fee.
Subway hardest hit.

Posted by: Jared loves the chicken teryaki at October 04, 2011 11:57 AM (yn6XZ)

83 Obama and Turban both remind me of the parakeet that keeps on flying headfirst into the mirror and knocking itself out.
OTOH, myparakeet never stuttered.

Posted by: Roy at October 04, 2011 11:58 AM (VndSC)

84 I am willing to accept the time travel and dinosaurs and all but my willingness to suspend disbelief ends when they start portraying a planned economy as being successful.
Posted by: WalrusRex at October 04, 2011 11:54 AM (TVvXc)
You make a good point. Anynation-statewith a planned economy would not have developed time travel, and in fact would not have survived long enough to get even close.

Posted by: Vashta Nerada at October 04, 2011 11:58 AM (D5iHx)

85
Obama 2012
You Win Some, You Lose Some

Posted by: soothsayer at October 04, 2011 11:58 AM (G/zuv)

86
Posted by: Jay at October 04, 2011 11:52 AM (3LaGb)
It was funny in Austin Powers.Is this type of farce being played out in real life by the SCoaMF humorous? Not so much.The Durbin Tax is going to hurt BoA even more, and last month they already announced massive layoffs.
BofA to cut at least 40,000 jobs

Posted by: Kratos (Ghost of Sparta) at October 04, 2011 11:58 AM (9hSKh)

87 It's only a coincidence that they are both dicks.

Posted by: Hussein the Plumber at October 04, 2011 11:58 AM (jx2j9)

88 But the reasons behind this fee increase go right to the friggin' libs in Congress and our Communist Traitor-in-Chief.
Posted by: MrScribbler at October 04, 2011 11:55 AM (YjjrR)

yes i agree. Another one of them you gotta pass the bill to find out what's in it.

Posted by: Nevergiveup at October 04, 2011 11:59 AM (i6RpT)

89 HB to WalrusRex!

Posted by: joncelli at October 04, 2011 11:59 AM (RD7QR)

90 66 I do think at a certain point you've been POTUS long enough. You don't have some inherent right to Air Force One and Presidential perks, just, you know, to get a certain amount of personal satisfaction and privilege.
Posted by: Car in at October 04, 2011 11:56 AM (52XZr)
Ding, ding, ding, ding!!!!!!!!!!

Posted by: Turd Ferguson at October 04, 2011 11:59 AM (WUWb9)

91 I think at a certain point, you've done enough presidentin'.

Posted by: cherry pi, terrorist hostage taking SOB at October 04, 2011 12:00 PM (OhYCU)

92 Clearly we need a national single-payer debit card.

Posted by: Entropy at October 04, 2011 12:01 PM (IsLT6)

93 At some point you've done enough speechifyin'.

Posted by: yinzer at October 04, 2011 12:01 PM (/Mla1)

94 The scoamf made reference in the interview with Stephanopolous to being used to being the underdog. WTF!
When has that jugeared nitwit ever been an underdog?
Was it when a a fawning, lickspittle media carried him into the White House?
Was it when he entered the presidential election as an overwhelming favorite because of a perfect storm of circumstances?
Was it when he had to deal with a filibuster-proof majority in the Senate and Congress?
Maybe it was when his opposition in Senate race was removed?
The man is the most unaware, obtuse, egotistical scoamf ever elected to high office in the western world?
Methinks the U.S. has its very own Mad King Ludwig.

Posted by: Northernlurker at October 04, 2011 12:01 PM (vvCNl)

95 Lol, it's 5 friggin dollars.

Posted by: Bill Mitchell at October 04, 2011 12:01 PM (uVlA4)

96 "A facebook lib friend de-friended
me because I told him that he can't handle hearing anything outside of
his liberal echo-chamber...


Posted by: Hedgehog at October 04, 2011 11:55 AM (jkgfU)"That's hilarious.Also sad, I'm sure. Just regroup with them in a few months with a sense of humor. If they can't get over it, they aren't really a friend.
Liberals are going through a hard time these days. Their ideas are failures, and their king is a jackass.

Posted by: Dustin at October 04, 2011 12:01 PM (fF625)

97 Because of the efficiencies.
Of scale.

Posted by: Entropy at October 04, 2011 12:01 PM (IsLT6)

98 92, Sweet tap dancin savior, don't give them ideas!

Posted by: Oldsailor's poet at October 04, 2011 12:01 PM (ZDUD4)

99
Posted by: WalrusRex at October 04, 2011 11:54 AM (TVvXc)
Happy birthday! Have a wonderful day!

Posted by: Kratos (Ghost of Sparta) at October 04, 2011 12:02 PM (9hSKh)

100 <em>The Durbin Tax is going to hurt BoA even more, and last month they already announced massive layoffs.
BofA to cut at least 40,000 jobs</em>
yea, more of this to come. Our business, and the businesses we know are all slimmed down as far as they can. We've let a few more people go in the last few months. We're downsizing our costs, getting rid of a ware house and using the back of a store for that - so that's more real estate on the market. No sign of hiring on the horizon.
No tax benefit, not Jobs bill could change anything. Obama is such a SCOAMF.

I've got that on a shirt which I plan to wear in the half marathon in Detroit on the 16th. I can't wait.

Posted by: Car in at October 04, 2011 12:03 PM (52XZr)

101 I mean, good lord, I am willing to accept the time travel and dinosaurs
and all but my willingness to suspend disbelief ends when they start
portraying a planned economy as being successful.

To be fair, that human colony is just starting out. It's been about 6-7 years their time? It's just one small colony with a finite number of people and resources, so I'll cut them some slack on that minor detail.

The rest of the show sucks SCOAMF balls though. I bet by the season's end we'll find out that Terra Nova is not actually 85 million years in the past but present day on another planet somewhere in the universe. The wormhole is not really a gateway to the past but a portal to another world with dinosaurs on it. Terra Nova is not a new world at all, but one that the Earth government (Obama dollars!!!) knew about for a while, longer than the people were let on. Oh and Republicans/conservatives still suck in the future/85 million years in the past.

Posted by: EC at October 04, 2011 12:03 PM (GQ8sn)

102 It's become pretty common for Dem pols to pretty much call for the destruction of various companies that don't toe the line. Koch Industries-destroy them and don't worry about the jobs lost. BoA-get out of there, destroy them. I just can't really remember R's calling for the destruction of companies with the glee these morons have.

Posted by: ejo at October 04, 2011 12:04 PM (gsuJK)

103 I don't think you understand how credit unions operate. They are owned by the members, they don't have to make big profits.

Posted by: Oldsailor's poet
........
Yes, I know.. but they have to cover costs, at the very minimum. They also strive to make a bit of profit to keep it a going concern as well.

Posted by: Chi-Town Jerry at October 04, 2011 12:04 PM (f9c2L)

104 Yeah, I remember back when I was a kid. There used to be this thing called a "debit card". Then something or other happened, and they just disappeared. It's like the government passed a law against them or somethin'.

Posted by: OCBill from the future at October 04, 2011 12:04 PM (YJvVE)

105 You can stop it because if you say to the banks, You don't have some inherent right just to you know, get a certain amount of profit.
Can someone please explain to the Turd-in-Chief the difference between profit and revenue, because BOA wouldn't be laying off 40,000 employees if Dodd-Frank was just eating into their profits.

Posted by: Vashta Nerada at October 04, 2011 12:04 PM (D5iHx)

106 98
92, Sweet tap dancin savior, don't give them ideas!

Posted by: Oldsailor's poet at October 04, 2011 12:01 PM (ZDUD4)
Too late, I'm calling Hairy Reeds right now

Posted by: Barack "Malcom-Y" Obama at October 04, 2011 12:04 PM (136wp)

107 In other news, Roseanne Barr for ambassador to North Korea

Posted by: mer at October 04, 2011 12:04 PM (pFW9F)

108 I'll pick the winners and losers here.

Posted by: King Barky at October 04, 2011 12:04 PM (ffftn)

109 Actually, the entire reason coroporations exists is to make a profit.

And that's why they should be outlawed!

Everything must be controlled by the government to work for the common good, the proletariat progressive lowly citizen!

Posted by: Libtard Commie at October 04, 2011 12:05 PM (z63Tr)

110 A facebook lib friend de-friended me because I told him that he can't
handle hearing anything outside of his liberal echo-chamber...
I've heard libs say they get both sides of the issues by watching both MSNBC and CNN.

Posted by: Ian S. at October 04, 2011 12:05 PM (tqwMN)

111 That's hilarious.Also
sad, I'm sure. Just regroup with them in a few months with a sense of
humor. If they can't get over it, they aren't really a friend.
Liberals are going through a hard time these days. Their ideas are failures, and their king is a jackass.


Posted by: Dustin at October 04, 2011 12:01 PM (fF625)
This was actually a while back. He was pissed that the tea partiers "spit and used the n word" to his congressman the day they passed Obamacare.
I told him that I didn't believe that it happened and that the left was awful to W, etc. He unfriended me for that. The funny thing is...he is a comedy writer.

Posted by: Hedgehog at October 04, 2011 12:05 PM (jkgfU)

112 Just to spite all the Reds in the current Regime, as well as the yutnicks in the Street, BoA should just close their doors ASAP, and collapse the economy, already.....

Posted by: John Maynard Keynez at October 04, 2011 12:05 PM (lQCe+)

113 Newsflash to those who think the BofA $5 fee is an outrage....
You are not requiredto bank with them.

Posted by: AndrewsDad at October 04, 2011 12:05 PM (C2//T)

114 We can call it "Obamacard".
And Obama can say he likes it when people call the National Credit Access Reform and Extension Act "Obamacards" because Obama does card, Obama does not sell liquor to underage children.

Posted by: Entropy at October 04, 2011 12:05 PM (IsLT6)

115 107 In other news, Roseanne Barr for ambassador to North Korea
Posted by: mer at October 04, 2011 12:04 PM (pFW9F)

Yeah, she could probably provide meat for 10 or 12 North Korean villages.

Posted by: joncelli at October 04, 2011 12:06 PM (RD7QR)

116 You know, if you don't have five dollars a month, you'd do best to find another country,not another bank.

Posted by: JDTAY at October 04, 2011 12:06 PM (d5HLJ)

117 Ace will be returning soon. His 'Christie 2012' bumper sticker business is going into bankruptcy.

Posted by: cherry pi, terrorist hostage taking SOB at October 04, 2011 12:07 PM (OhYCU)

118 Runningrn, you're probably the only conservative they know. Lefties love to live in their insular world with nobody to ruin their delusions of superiority.

I live in blue, blue Seattle. So there aren't a whole lot in the area. However, I feel truly blessed that there are5 of us who run. My husband, but he never says anything much--he hates conflict! (So I don't know ifhe really counts.)Two other guys who are deeply conservative, they make me look like a RINO, a non-union plumber who is now out of work thanks to no new construction, and the other is a small business owner--sells construction supplies. Then there's a young guy (late 20's) former Microsoftie, Stanford grad (has a masters from there too in Comp Sci) who comes every Thursday, and he was raised right by conservative parents, so he's a reliable ally. The fifth runner is a retired engineer from Boeing. He's pretty quiet, but there was one time when he got really mad, stood up and was yelling at one of the moonbats (defending GWB when he was president). The plumber's wife, who walks, also comes a fair bit. She's a school teacher, so she can be kind of mushy at times.
We are definitely outnumbered though--10 other runners and their spouses who come occasionally for the socializing are mostly raging lefties.(One is a moderate/independent who I think voted for Obama, and is deeply regrettingthat as he makes well over 250k/year and is wanting to retire.) The most surprising thing to me is that the Holocaust survivor (he, his mother and brother got out of Germany, but his dad and the rest of their family died in Concentration Camps) is a far lefty who still staunchly defends Obama.
That particular a.m.,hubby and I were the only ones down at our end of the table thatwere conservative. The other guys were like "What's going on?" when our end of the table exploded.

Posted by: runningrn at October 04, 2011 12:07 PM (0fUOB)

119 113, It's a pain in the ass to change banks. Especially if you have a lot going on. I understand why someone wouldn't just say F-U and bail. but at some point......

Posted by: Oldsailor's poet at October 04, 2011 12:07 PM (ZDUD4)

120

12.00



Normal
0




false
false
false

EN-US
X-NONE
X-NONE













MicrosoftInternetExplorer4



























































































































































/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-qformat:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:"Times New Roman";
mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}



Really?

Posted by: Hussein the Plumber at October 04, 2011 12:07 PM (jx2j9)

121 Then the US government can sue private organizations for not accepting Obamacard.

Posted by: Entropy at October 04, 2011 12:07 PM (IsLT6)

122 Wells Fargo just sent me notice for $3 debit card fees.

Posted by: cherry pi, terrorist hostage taking SOB at October 04, 2011 12:08 PM (OhYCU)

123 I have a close friend working at BoA. Hope he keeps his job.

Sad thing is, he supports Otard and Otard is going to be the reason for him losing it if he does........

Posted by: Sponge at October 04, 2011 12:08 PM (UK9cE)

124 I don't feel *too* bad for Bank of America. They did after all reap billions in bailout money.

Then again, I have an account through them. I'm tempted to move but I kinda think the other banks and credit cards will be following suit soon.


Posted by: Bevel Lemelisk at October 04, 2011 12:10 PM (FkKjr)

125 Posted by: Hussein the Plumber at October 04, 2011 12:07 PM (jx2j9)
Trumka is Stalin with 50 extra pounds of fat.

Posted by: Vashta Nerada at October 04, 2011 12:11 PM (D5iHx)

126 "You don't have some inherent right just to you know, get a certain amount of profit."

Those are the words, coming out of the mouth of the Cockroach Son of a Bitch, who just gave away 253 Million Taxpayer Dollars to a company going bankrupt.

PFFFFFFFT

Posted by: franksalterego at October 04, 2011 12:11 PM (7/sDI)

127 You asthmatics out there, at some point, I think you've used enough breathalyzers....uh, inhalators.

Posted by: King Bammy XIV at October 04, 2011 12:11 PM (DrWcr)

128 I mean, good lord, I am willing to accept the time
travel and dinosaurs and all but my willingness to suspend disbelief
ends when they start portraying a planned economy as being successful. Posted by: WalrusRex at October 04, 2011 11:54 AM

Happy birthday! Give it a chance. You might get to see a dinosaur eat a socialist for lunch. That would be some good tv.

Posted by: huerfano at October 04, 2011 12:12 PM (fecOD)

129 Newsflash to those who think the BofA $5 fee is an outrage....
You are not requiredto bank with them.

Wells Fargo is considering a similar thing too. I think it's going to be like the airlines and their baggage fees. It started with one or two airlines and metastasized to everyone. And people will just get use to paying the fees.
So, I think they should implement a similar charge for the welfare queens when they use their EBT cards. In the name of fairness and all.

Posted by: runningrn at October 04, 2011 12:12 PM (0fUOB)

130 You don't have some inherent right just to you know, get a certain amount of profit.
So you get bitch slapped by the invisible hand and this is your response? Heh, get ready for a second one.

Posted by: MikeTheMoose Camellia Sinensis Operative at October 04, 2011 12:13 PM (0q2P7)

131 OT: This is like science. NSFW science.

Posted by: WalrusRex at October 04, 2011 12:13 PM (TVvXc)

132 >> But the reasons behind this fee increase go right to the friggin' libs in Congress and our Communist Fairness Traitor Working People's Supreme Leader-in-Chief .
Not so much "fixed it for you" as updating it with the new terms of the day.
It's not Communism, it's A System of Fairness -- and the color is blue, not red, just in case you still think it's Communism. Note the indefinite article "a" instead of "the" -- it'sa system of fairness -- we don't know what this system will look like, it's not like there's a manifesto that details the historic struggle between the class that owns or controls the systems of production and distribution for a society against the class that does not. We have to tackle problems as they come, and right now the greatest challenge facing society is the dismantling of the unfair system of profits run by greedy people.
(Next chapter: Nonviolence:Share or Die, It'sUp to You, for Now.)

Posted by: FireHorse at October 04, 2011 12:13 PM (gyHyY)

133 130 You don't have some inherent right just to you know, get a certain amount of profit.So you get bitch slapped by the invisible hand and this is your response? Heh, get ready for a second one.
Posted by: MikeTheMoose Camellia Sinensis Operative at October 04, 2011 12:13 PM
I'm only getting warmed up...

Posted by: Adam Smith's Invisible Pimp Hand at October 04, 2011 12:14 PM (DrWcr)

134 OT: Tweets from Chad Pergram (Fox reporter)

Judciary Committee Chair Smith asks POTUS to appoint special counsel to
probe Holder over what he knew when with Fast and Furious.


Smith wonders if Holder committed perjury when asked about Fast and Furious. Smith says Holder can't investigate himself.
-----------------
POTUS appointing special counsel?! Paleeeese.....



Posted by: Tami at October 04, 2011 12:14 PM (X6akg)

135 Unemployment benefits in NM are paid into BofA debit card accounts unless otherwise directed. Wonder what's going to happen there?

Posted by: huerfano at October 04, 2011 12:14 PM (fecOD)

136 It started with one or two airlines and metastasized to everyone.

Not Southwest, and boy do they advertise on that little point. And they get a lot of business because they don't charge for bags, or change fees.

Posted by: MikeTheMoose Camellia Sinensis Operative at October 04, 2011 12:14 PM (0q2P7)

137 First, the ATMs took our jobs.
Now, the debit cards took our lunch money.

Posted by: Roy at October 04, 2011 12:14 PM (VndSC)

138 Obamacard does not have any hidden fees, except for social ones stemming from the fact that Obamacard pays retailers what a panel of experts determines the fair market retail cost of a good or service should be, rather than what the cardholder actually agreed to pay and/or owes.

Posted by: Entropy at October 04, 2011 12:15 PM (IsLT6)

139 131, Thank you.

Posted by: Oldsailor's poet at October 04, 2011 12:15 PM (ZDUD4)

140 runningrn,
I would have said to the Seattle lefties....
Are you so pathetic, you need a government official to determine for you when a private business is charging you too much? Are you not capable of taking your business elsewhere? Are there no other banking options that do not charge the $5 fee?
Are you capable of wiping yourself when you poop?

Posted by: AndrewsDad at October 04, 2011 12:15 PM (C2//T)

141 95 Lol, it's 5 friggin dollars.

Posted by: Bill Mitchell at October 04, 2011 12:01 PM (uVlA4)

fine, you give me access to your checking account, and you can pay mine.

Posted by: Unclefacts Out Of Commenting Retirement Just For This One Thing at October 04, 2011 12:16 PM (6IReR)

142 When that first airline came out with a per bagluggage fee, none of the others followed suit, right?

Posted by: Roy at October 04, 2011 12:16 PM (VndSC)

143 Never thought it was a good idea to have a card that could access funds in checking without using a PIN. In this neck of the woods debit card fraud is a huge problem.

Posted by: Bob Saget at October 04, 2011 12:16 PM (F/4zf)

144 You don't have some inherent right just to you know, get a certain amount of profit.

Hey f*cktard, maybe you should talk to your buddies at Wal-Mart who pushed for this regulation so that they could...increase their profit.

They are the ones who went about it the wrong way.

Posted by: Bevel Lemelisk at October 04, 2011 12:17 PM (FkKjr)

145 The fun part comes when people stop using Debit cards and go back to cash. Those retailers are gonna have to hire a few more cashiers to make their queing plans work. So did anyone save anything here?

Posted by: Sub-Tard at October 04, 2011 12:17 PM (0M3AQ)

146 Congress caused this. Now they're bitching about the banks opening another revenue stream to make up for one that congress destroyed? This is some bullshit. This is about congress deciding how much money business should be able to make. Something like this was bound to happen. Congress should have stayed the hell out, but no, they know best about every f--king thing. Repeal Dodd-Frank. That's the answer, imio.

Posted by: Hussein the Plumber at October 04, 2011 12:17 PM (jx2j9)

147 141, No shit, $5 is a gallon of milk. Wow, since I put it like that............Milk sure is expensive.

Posted by: Oldsailor's poet at October 04, 2011 12:17 PM (ZDUD4)

148 Oh, on Sat., I also said that banks are having to hire more lawyers to interpret another 2000 page bill no one readto makesure they are in compliance, resulting in less resources and employees to service customers. I was told that was utter bullcrap. I can't wait til these losers get stuck in some huge line at the bank waiting for the only available teller.

Posted by: runningrn at October 04, 2011 12:17 PM (0fUOB)

149 18 "Get the heck out of that bank," Durbin said Monday on the Senate floor. "Find yourself a bank or credit union that wont gouge you for $5 a month. ... What Bank of America has done is an outrage."Yeah, except that almost all the other banks are doing it too. The ones that aren't are making up for it somewhere else.And the only one that the MFM (and Fox) mention is BOA. They must be the Perry of the banking world.
Posted by: Vic at October 04, 2011 11:45 AM (M9Ie6)
Actually, US Bank is NOT doing it and has no plans to. Wells Fargo is going 3 bux in several states to test it....I fled to US bank and am enjoying tons of better stuff over there than at BofA or Wells. If there is a flood of people leaving for US Bank, I think that tells the banks what the consumers think.....jsut sayin.

Posted by: giftogab at October 04, 2011 12:18 PM (SPVfc)

150 First, the ATMs took our jobs.
Obamacard cannot be used for electronic transfers.
All payments made with Obamacard will take effect in 11-47 business days from the date of transaction,when the cash arrivesby horse along with the horse's W-2 and certified payroll.

Posted by: Entropy at October 04, 2011 12:18 PM (IsLT6)

151 The fun part comes when people stop using Debit cards and go back to cash. Those retailers are gonna have to hire a few more cashiers to make their queing plans work. So did anyone save anything here

Job Creation 101!

Posted by: SCOAMF at October 04, 2011 12:18 PM (0fUOB)

152 Not Southwest, and boy do they advertise on that little point. And they
get a lot of business because they don't charge for bags, or change
fees.

I have a back-of-the-mind fear that something bad is going to happen to Southwest. They're incredibly successful which makes me wonder if the SCOAMF is going to pull another stupid as shit move to bring them back down to the status quo.

Posted by: EC at October 04, 2011 12:19 PM (GQ8sn)

153 Are you so pathetic, you need a government official to determine for you when a private business is charging you too much?

actually, I recall a Slate article from a little while ago in which the author - reliable lefty - essentially made this same point, that he thought it should be the government's job to make sure the products in the marketplace are offered at a "fair" price, so that - again, in his words - he doesn't have to go through the tiring task of price shopping and bargain hunting.

Posted by: chemjeff at October 04, 2011 12:19 PM (czcue)

154 Obamacard does not have any hidden fees, except
for social ones stemming from the fact that Obamacard pays retailers
what a panel of experts determines the fair market retail cost of a good
or service should be, rather than what the cardholder actually agreed
to pay and/or owes.

Posted by: Entropy at October 04, 2011 12:15 PM (IsLT6)


You really need to stop because you're about to be summoned to Washington to formulate your plan and be assigned a team to implement it.


Posted by: Sponge at October 04, 2011 12:19 PM (UK9cE)

155 I would like to point out that I was the deciding vote for this.

Posted by: Scott Brown at October 04, 2011 12:20 PM (FkKjr)

156 Cash is King. And wait till they institute a VAT. Cash baby Cash.

Posted by: Nevergiveup at October 04, 2011 12:20 PM (i6RpT)

157 Ugh, can we lose the Holder nose pick pic somehow?

Posted by: Y-not loves racist rocks and Hank Williams at October 04, 2011 12:20 PM (5H6zj)

158 Just a little thought experiment... How much would it cost me to have the government save me me from the situation they caused or to pay the $5/mo. fee if one decided to just stay with BoA?

Posted by: dogfish at October 04, 2011 12:21 PM (NuPNl)

159 Actually, US Bank is NOT doing it and has no plans to

Because of Dodd/Frank, you do have to keep a minimum of $2,000 in a checking account to avoid fees for paper statements and some other stuff. I had to add some money to my checking account at U.S. Bank (I had $1500 in an account I never use). The teller told me that it was a result of Dodd Frank and that U.S. bank has had to hire a plethora of lawyers to sort through all the regulations. He said it was poorly written and easy to misinterpret.
So basically, Dodd/Frank was yet another boondoggle to the legal profession from the Democrat party.

Posted by: SCOAMF at October 04, 2011 12:22 PM (0fUOB)

160 LOL - 'gouged' at $5 month? Meanwhile, we are being raped of millions by companies like Solyndra and billions/trillions by the shadow banking system, Federal Reserve, Social Security and Medicare.

But let's focus on the $5/month debit card fee charged by a bank that is about to fail after being warned this would happen if the law was passed.

Misplaced. Outrage.

(And of course they are aware - they don't care because they can use the damage they intentionally caused to advance the class warfare rhetoric).


Posted by: blindside at October 04, 2011 12:22 PM (x7g7t)

161 Some of us are stuck withy BOA because of lines of credit/loans/etc. But one day the Lord shall set me FREE!

Posted by: Nevergiveup at October 04, 2011 12:23 PM (i6RpT)

162 Seattle Morons,
Be careful if you get a text or email from Wells Fargo saying your credit card has been deactivated. They have a 206 number you call and ask for your credit card number to get it re activated. It's a scam. I got one yesterday and called wells fargo and they said as much.

Posted by: robtr at October 04, 2011 12:23 PM (MtwBb)

163 Acck! Sock!

Posted by: runningrn at October 04, 2011 12:23 PM (0fUOB)

164 Posted by: blindside at October 04, 2011 12:22 PM (x7g7t)

You make a good point here. I am going to go throw up now. Thanks.

Posted by: giftogab at October 04, 2011 12:23 PM (SPVfc)

165 Seattle Morons,
Be careful if you get a text or email from Wells Fargo saying your credit card has been deactivated. They have a 206 number you call and ask for your credit card number to get it re activated. It's a scam. I got one yesterday and called wells fargo and they said as much.

robtr, I got that call last week! I knew it was a scam because I don't have a Well's Fargo credit card.

Posted by: runningrn at October 04, 2011 12:24 PM (0fUOB)

166 Rush covering Durbin now

Posted by: runningrn at October 04, 2011 12:24 PM (0fUOB)

167 161 Some of us are stuck withy BOA because of lines of credit/loans/etc. But one day the Lord shall set me FREE!
Posted by: Nevergiveup at October 04, 2011 12:23 PM (i6RpT)
how so? Ihave BOFA mortgage, butthat does not prevent me going elsewhere for my day to day banking.

Posted by: giftogab at October 04, 2011 12:25 PM (SPVfc)

168 Thats just great .... so we have to wait for the economy to go completely in teh shiter while this SCOAMF learns the equivalent to macro economics 101.... just f'n great

Posted by: SoCalMe at October 04, 2011 12:25 PM (bKnnS)

169 brb, writin' some more regulations. You hafta pass 'em to see what's in 'em.

Posted by: King Barry The Magnanimous at October 04, 2011 12:25 PM (ENKCw)

170 I've got that on a shirt which I plan to wear in the half marathon in Detroit on the 16th. I can't wait.

Good luck with your race! Hubby and I are doing an half next Sunday.

Posted by: runningrn at October 04, 2011 12:26 PM (0fUOB)

171 blindside at October 04, 2011 12:22 PM

The difference is we can't do anything about Solyndra other that raise hell with our congresscritters. We CAN make changes when it comes to banking. Also, if you take 50 million people with bank accounts and charge them $5 at the end of the year you will have 3 billion dollars in fees. That sort of dwarfs solyndra.

Posted by: Oldsailor's poet at October 04, 2011 12:26 PM (ZDUD4)

172 how so? I have BOFA mortgage, but that does not prevent me going elsewhere for my day to day banking.

Posted by: giftogab at October 04, 2011 12:25 PM (SPVfc)

No it doesn't. But with all my accounts linked I am not going to go to another bank for just $5. Actually I don't even use a debit card for any of my accounts. Only for my mom's accounts which my sister and I manage. My sister woke me up at 7 AM one morning asking if we should drop the card and I reminded her A) it was only $5 and B) never call me at 7 AM on a Sunday again.

Posted by: Nevergiveup at October 04, 2011 12:27 PM (i6RpT)

173 Dynamic vs static scoring. Rush saying that Durbin's just covering his ass now because he realizes that this whole debacle is his own fault.

Posted by: runningrn at October 04, 2011 12:27 PM (0fUOB)

174 My biggest gripes with the banks is that they stick it to the people who are most ill equipped to handle it.

It is only the poorest of the poor getting stuck in a brutal overdraft cycle.

It is only the poorest of the poor who need to pay $25 a month to open a checking account because they lack the direct deposit minimum or $1500 standing balance.

This latter one pisses me off because my "house-wife" girlfriend can't afford to open up her own bank account outside of an ING netbank type account (with Many ATM's, mostly at -11 and Target). How are we gonna teach our kids money management when they can't even open a small account?

Posted by: E.M. August at October 04, 2011 12:28 PM (zeBNm)

175 So, we should organize a protest or something. We need to show these 1%ers we're not going to take it.

We should gather around banks, with SIGNS and let them know we are tired of them taking our money!!!!

Posted by: Sponge at October 04, 2011 12:28 PM (UK9cE)

176 No one mentions the real issue here is. Like always the Democrats always pretend they are looking out for the poor, but what they are really doing is putting them further into the poor box. This $5.00 fee is absolutely hitting the poor the hardest. Middle class wealthy people can get credit cards. They shop all month, then pay the bill at the end of the month. NO FEE. Poor people can't get credit cards sometimes because of poor credit ratings. So it is either carry cash or use ATM debit cards. Now they will be stuck with a $5.00 charge that the 'wealthy' won't be paying. Like usual, no one points this out that is affects the poor most. Same as sin taxes.

Posted by: RUReadingthis at October 04, 2011 12:28 PM (V92KK)

177 Democrat Representative Brad Miller (D. SC) on the Wall Street occupiers:

"Maybe we need to start with the anger and then develop the proposals
based on that," he said. "I think if you ask people here, they would
say, 'Yeah, banks ought not be as big as they are.' There are
legislative proposals I introduced one in the House that went nowhere
but if there was a movement behind it, pushing it, it would make a big
difference."

Well, I knew that you weren't starting with your intellect and developing proposals based on that.

Posted by: WalrusRex at October 04, 2011 12:29 PM (TVvXc)

178 175 So, we should organize a protest or something. We need to show these 1%ers we're not going to take it.

We should gather around banks, with SIGNS and let them know we are tired of them taking our money!!!!
Posted by: Sponge at October 04, 2011 12:28 PM (UK9cE)

Do we have to shower?

Posted by: joncelli at October 04, 2011 12:29 PM (RD7QR)

179 "If you object to this 5 dollar fee, your real target should be to send Dick Durbin home."
Rush

Posted by: runningrn at October 04, 2011 12:29 PM (0fUOB)

180 Never thought it was a good idea to have a card that could access funds in checking without using a PIN. In this neck of the woods debit card fraud is a huge problem.
All I use is a debit card mostly, and I never use the pin, I use it as a credit card.
I do not understand what the point of a credit card would be for me or what the advantage would be over the debit card. Unless I get some kind of 'points' thing going on, why the flying the hell would I want to borrow the money for a month when I could just pay for it now.
I've never had an issue with it. But even if I did, this is why I've never had more than a grand or two in my checking account at a time, and Itransfer more money in from my savings accountas I need it.

Posted by: Entropy at October 04, 2011 12:29 PM (IsLT6)

181 Since we're government-owned, we can afford to not charge the fees the other banks have to charge to stay in business. After all, we're comfortable being under the thumb of TARP, and your taxes make sure we earn all the profit we can.
SUCKERS!!!!

Posted by: Ally Bank at October 04, 2011 12:29 PM (o44nj)

182 President Obama, still scarythree years later to say that, has the business sense of someone who has never run a business.

Posted by: Just Sam at October 04, 2011 12:30 PM (pKDDq)

183 Do we have to shower?

If you want me to march with you, you will.

Posted by: Oldsailor's poet at October 04, 2011 12:30 PM (ZDUD4)

184 137 First, the ATMs took our jobs.
Now, the debit cards took our lunch money.

Posted by: Roy at October 04, 2011 12:14 PM (VndSC)
My sister got crabs from a wad of cash.

Posted by: Fishy Joe at October 04, 2011 12:30 PM (yn6XZ)

185 Does anyone remember when Debit cards used to have a charge to use? I do, and it's why we have always used our debit cards as Credit Cards OR just used a Credit Card.

I'm a member of a CU, but I have no doubt that at some point they'll be affected as well and have to charge their own fees.

I expect the days of 'free-checking', 'no annual fee' CCs, and 'Rewards Cards' are coming to an end. Meanwhile, Wal-Mart will pocket the savings on fees and the banks will charge fees to make up for the lost revenue stream. We get to continue to pay the same prices AND fees to use our money.

Good thing Uncle Sugar is here to look out for us poor consumers.

God, I despise these assholes.

Posted by: blindside at October 04, 2011 12:31 PM (x7g7t)

186 Democrat Representative Brad Miller (D. SC) on the Wall Street occupiers:

Correction, he's D-NC. He's my district rep and yeah he's fucking retarded.

Posted by: EC at October 04, 2011 12:32 PM (GQ8sn)

187 Back up bumper sticker plan: Occupy Wall St. with the Obama "O"

Posted by: teh Wind at October 04, 2011 12:32 PM (ffftn)

188 My sister got crabs from a wad of cash.

Posted by: Fishy Joe at October 04, 2011 12:30 PM (yn6XZ)

Is "cash" your sister's nickname for a bunch of sailors?

Posted by: Nevergiveup at October 04, 2011 12:32 PM (i6RpT)

189 No one mentions the real issue here is. Like always the Democrats always pretend they are looking out for the poor, but what they are really doing is putting them further into the poor box. This $5.00 fee is absolutely hitting the poor the hardest. Middle class wealthy people can get credit cards. They shop all month, then pay the bill at the end of the month. NO FEE. Poor people can't get credit cards sometimes because of poor credit ratings. So it is either carry cash or use ATM debit cards. Now they will be stuck with a $5.00 charge that the 'wealthy' won't be paying. Like usual, no one points this out that is affects the poor most. Same as sin taxes.

What you will see happening, is that the poor will not be able to maintain the minimum balances. They will besqueezed out of banks altogether and be forced to resort to pay day loan/check cashing services.The poor are always the ones who are hit the hardest by leftist, statist policies. Look how the Democrats have enslaved the Blacks with all their social engineering.

Posted by: runningrn at October 04, 2011 12:32 PM (0fUOB)

190 So basically, Dodd/Frank was yet another boondoggle to the legal profession from the Democrat party.

And I voted for it, too.

Posted by: Scott Brown at October 04, 2011 12:32 PM (FkKjr)

191 OT: Chris Christie having a news conference at 1pm Eastern.. likely will announce he's not running.

Posted by: Chi-Town Jerry at October 04, 2011 12:32 PM (f9c2L)

192 Showers? We don't need no stinkin' showers!

Posted by: WalrusRex at October 04, 2011 12:33 PM (TVvXc)

193 well, according to this article, small banks are exempt from the Durbin Amendment

Posted by: chemjeff at October 04, 2011 12:33 PM (czcue)

194 My sister got crabs from a wad of cash.
Posted by: Fishy Joe at October 04, 2011 12:30 PM (yn6XZ)
I knew a girl that got a wad of cash and crabs at the same time, but she didn't try to explain that the crabscame from the cash.

Posted by: Vashta Nerada at October 04, 2011 12:34 PM (D5iHx)

195 Before the Durbin amendment, all of the swipe fees were built into the store's prices, which meant that all customers of that store paid them.

OTOH, in exchange for this, the stores didn't have to process checks or worry about bounced checks, and customers didn't have to carry cash or a checkbook.

Obviously, the bank wants to make back the money it's no longer getting, as it deserves a fair profit for making life easier for the customers and stores.

The main thing I don't like about this charge is that it is $5 whether you do one store transaction or 500.

Seems to me the bank should charge customers incrementally, say $0.25/transaction. The computers could handle it with no problem, and a person who rarely uses their card would need to do 20 transactions before $5 is reached.

Posted by: Reno_Dave at October 04, 2011 12:34 PM (OL4L4)

196
All I use is a debit card mostly, and I never use the pin, I use it as a credit card.

I do not understand what the point of a credit card would be for me
or what the advantage would be over the debit card. Unless I get some
kind of 'points' thing going on, why the flying the hell would I want to
borrow the money for a month when I could just pay for it now.

I've never had an issue with it. But even if I did, this is why I've
never had more than a grand or two in my checking account at a time, and
Itransfer more money in from my savings accountas I need it.

Posted by: Entropy at October 04, 2011 12:29 PM (IsLT6)
Advantages over a debit card: If someone someone steals my CC number, I can dispute the charge and it will be held until resolved - it may be a couple of days before I discover the fraud, but I'm not 'out' any cash.With a debit card, the money is debited from my account almost immediately. Sure, I can dispute the charge, but meanwhile, the money is missing from my account - if someone cleans it out, who do I pay my bills while dealing with the dispute?
Float of the money for 30 days - I get interest on my checking (not much, but it is better than 0).

Posted by: blindside at October 04, 2011 12:34 PM (x7g7t)

197 They will besqueezed out of banks altogether and be forced to resort to pay day loan/check cashing services.

But these are also regulated nearly out of existence as well. So where else is there to turn? That's right, Uncle Sam.

It is almost as if the left is deliberately attempting to enlarge the clientele of the state...

Posted by: chemjeff at October 04, 2011 12:35 PM (czcue)

198 It's hard to feel sorry for Bank of America, what with all the stupid shit they've supported over the years.
Remember checking accounts and mortgages for illegals?
How about all the support they gave the JEF for his election?
How about not suing the ever-living-shit out of SEIU when the terrorized their execs?
Spineless wimpy shitstains that figure bribes are better than freedom.

Only thing is, they're coming for us next . . . .

Posted by: Jimmuy at October 04, 2011 12:36 PM (ibeMV)

199 FOX TV: House GOP to call for special council to investigate fast and furious and eric holder

Posted by: Nevergiveup at October 04, 2011 12:36 PM (i6RpT)

200 If you want to avoid the charge, all you have to do is invest $10,000 in a CD.. That'll make you a Gold Card Holder.

And, unlike "gold," it actually PAYS interest... Plus, you are first in line, if the bank goes broke.

win/win/win

Posted by: franksalterego at October 04, 2011 12:36 PM (7/sDI)

201 199, Yeah, whatever,

Posted by: Oldsailor's poet at October 04, 2011 12:37 PM (ZDUD4)

202 FOX TV: House GOP to call for special council to investigate fast and furious and eric holder

Just another thing for the Administration to stonewall and blow off.

Posted by: runningrn at October 04, 2011 12:37 PM (0fUOB)

203 176 No one mentions the real issue here is. Like always the Democrats always pretend they are looking out for the poor, but what they are really doing is putting them further into the poor box. This $5.00 fee is absolutely hitting the poor the hardest. Middle class wealthy people can get credit cards. They shop all month, then pay the bill at the end of the month. NO FEE. Poor people can't get credit cards sometimes because of poor credit ratings. So it is either carry cash or use ATM debit cards. Now they will be stuck with a $5.00 charge that the 'wealthy' won't be paying. Like usual, no one points this out that is affects the poor most. Same as sin taxes.
Posted by: RUReadingthis at October 04, 2011 12:28 PM (V92KK)
I get tired of this meme. No disrespect meant to you, but the real truth is the poor don'thave accounts, they have a government issued welfare card. Or they buy moeny orders at 7-11 for bills. While the gov wants you to think of a larger segment of the poulation as poor, truth is, the ones that are living paycheck to paycheck buthave a car and a house and a wii are simply not poor. Usually just not managing money well because thy gotta ahve that flat screen...maybe two. This new FEE structure amounts to making a fee similar to credit card fees. And while there are MANY no fee cards, there are more annual fee cards. It is the working class, not the poor, using them. You won't see many true poor here, because the true poor don't ahve internet service or cell phones. The pooroften get their help fromsoup kitchens and church aid societies.....like it should be. The group above them, however, are not the poor....

Posted by: giftogab at October 04, 2011 12:37 PM (SPVfc)

204 We have a God-given right to free debit cards. Who do you think invented the debit card? Banks? No, Obama. And now the banks take his idea and try to make money with it. And somehow, that's supposed to be OK, just because now we don't have to go to the bank every time we need cash. That's bullshit.

Posted by: Michael at October 04, 2011 12:37 PM (Wij3l)

205 And, unlike "gold," it actually PAYS interest... Plus, you are first in line, if the bank goes broke.

win/win/win

Yeah, we thought that too

Posted by: GM creditors. at October 04, 2011 12:38 PM (ZDUD4)

206 @196
Yeah, I have no problem using credit cards. I never pay interest, the ones we have now have waived the fees, and they have not hurt our credit score. I only use my debit card at Costco.

Posted by: Y-not at October 04, 2011 12:38 PM (5H6zj)

207 I've decided not to run for Lord High Executioner of AOSHQ - who needs a press pass?

Posted by: Chuckit at October 04, 2011 12:38 PM (qdWHi)

208 199, Yeah, whatever,
Posted by: Oldsailor's poet at October 04, 2011 12:37 PM (ZDUD4)

202
FOX TV: House GOP to call for special council to investigate fast and furious and eric holder



Just another thing for the Administration to stonewall and blow off.



Posted by: runningrn at October 04, 2011 12:37 PM (0fUOB)

Drip drip Drip Drip. Hey it's an election year. It is not going away.

Posted by: Nevergiveup at October 04, 2011 12:38 PM (i6RpT)

209 FOX TV: House GOP to call for special council to investigate fast and furious and eric holder

Remember when Boehner said Obama would have to justify his Libyan adventure by the weekend, 'or else?'

Posted by: Bevel Lemelisk at October 04, 2011 12:38 PM (FkKjr)

210 Also, I prefer using a CC for overseas travel and travel in general because you get an itemized list.

Posted by: Y-not at October 04, 2011 12:39 PM (5H6zj)

211 A question that will never be asked: What did Joe Biden know and when did he know it?

Posted by: WalrusRex at October 04, 2011 12:39 PM (TVvXc)

212 Posted by: Jimmuy at October 04, 2011 12:36 PM (ibeMV)
You forgot their purchase of Countrywide and the mess that is dealing with them on those awful loans Countrywide specialized in making.

Posted by: giftogab at October 04, 2011 12:39 PM (SPVfc)

213 211, LOL

Posted by: GM creditors. at October 04, 2011 12:39 PM (ZDUD4)

214
What you will see happening, is that the poor
will not be able to maintain the minimum balances. They will
besqueezed out of banks altogether and be forced to resort to pay day
loan/check cashing services.The poor are always the ones who are hit
the hardest by leftist, statist policies. Look how the Democrats have
enslaved the Blacks with all their social engineering.

Posted by: runningrn at October 04, 2011 12:32 PM (0fUOB)
No they won't, because the states are running the check cashing/payday loan places out of business.What will happen is the banks will be required to issue CCs to 'the poor' because otherwise they are discriminating. Thus will being 'Subprime 3.0'.This is exactly the same shit they do to, well, everything. For example: Healthcare - they passed laws which made HMOs more attractive, but drove prices up, then come along with more laws to fix the problems THEY created.
I wonder: Where does Congress get the authority to regulate bank fees?
And why are small banks exempt? If the charge to retailers is unfair or exhorbitant, then what does the source of the charge matter?

Posted by: blindside at October 04, 2011 12:40 PM (x7g7t)

215 Stupid joke regarding why the chicken crossed the road.

Why DID the Chicken cross the road? Inquiring minds want to know.
SARAH PALIN: The chicken crossed the road because, gosh-darn it, hes a maverick!
BARACK OBAMA: The chicken crossed the road because it was time for change! The chicken wanted change!
JOHN
MCCAIN: My friends, that chicken crossed the road because he recognized
the need to engage in cooperation and dialogue with all the chickens on
the other side of the road.
HILLARY CLINTON: When I was First Lady, I
personally helped that little chicken to cross the road. This
experience makes me uniquely qualified to ensure right from Day One that
every chicken in this country gets the chance it deserves to cross the
road. But then, this really isnt about me.
GEORGE W. BUSH: We dont
really care why the chicken crossed the road. We just want to know if
the chicken is on our side of the road, or not. The chicken is either
against us, or for us. There is no middle ground here.
DICK CHENEY: Wheres my gun?
COLIN POWELL: Now to the left of the screen, you can clearly see the satellite image of the chicken crossing the road.
BILL CLINTON: I did not cross the road with that chicken.
AL GORE: I invented the chicken.
JOHN
KERRY: Although I voted to let the chicken cross the road, I am now
against it! It was the wrong road to cross, and I was misled about the
chickens intentions. I am not for it now, and will remain against it.
AL SHARPTON: Why are all the chickens white? We need some black chickens.
DR.
PHIL: The problem we have here is that this chicken wont realize that
he must first deal with the problem on this side of the road before it
goes after the problem on the other side of the road. What we need to do
is help him realize how stupid hes acting by not taking on his current
problems before adding new problems.
OPRAH: Well, I understand that
the chicken is having problems, which is why he wants to cross this road
so bad. So instead of having the chicken learn from his mistakes and
take falls, which is a part of life, Im going to give this chicken a
NEW CAR so that he can just drive across the road and not live his life
like the rest of the chickens.
ANDERSON COOPER, CNN: We have reason
to believe there is a chicken, but we have not yet been allowed to have
access to the other side of the road.
NANCY GRACE: That chicken crossed the road because hes guilty! You can see it in his eyes and the way he walks.
PAT BUCHANAN: To steal the job of a decent, hardworking
American.
DR
SEUSS: Did the chicken cross the road? Did he cross it with a toad?
Yes, the chicken crossed the road, but why it crossed Ive not been
told.
ERNEST HEMINGWAY: To die in the rain, alone.
GRANDPA: In my
day we didnt ask why the chicken crossed the road. Somebody told us the
chicken crossed the road, and that was good enough.
BARBARA WALTERS:
Isnt that interesting? In a few moments, we will be listening to the
chicken tell, for the first time, the heart warming story of how it
experienced a serious case of molting, and went on to accomplish its
lifelong dream of crossing the road.
ARISTOTLE: It is the nature of chickens to cross the road.
JOHN LENNON: Imagine all the chickens in the world crossing roads together, in peace.
BILL
GATES: I have just released eChicken2011, which will not only cross
roads, but will lay eggs, file your important documents, and balance
your checkbook. Internet Explorer is an integral part of eChicken2011.
This new platform is much more stable and will never reboot.
ALBERT EINSTEIN: Did the chicken really cross the road, or did the road move beneath the chicken?
COLONEL SANDERS: Did I miss one?




Posted by: WalrusRex at October 04, 2011 12:41 PM (TVvXc)

216 Bwahahahaha: From OccupyBoston:

Its All Revolutionary Fun ... Until Some Homeless Drunk Starts Vomiting Near Your Tent.



Posted by: Tami at October 04, 2011 12:41 PM (X6akg)

217 I only use my debit card at Costco.

I only use it at Costco when I forget my checkbook. I do use it at the grocery store the most (usually go there after a run, so I don't bring my checkbook).

Posted by: runningrn at October 04, 2011 12:41 PM (0fUOB)

218 It would appear that our President is dumber than a bag of hammers.
The government CAN NOT tell a person or a business how much profit is appropriate. The market will determine that. If customers think a fee is too high, they will go to a vendor that charges a lower fee or no fee. If a vendor loses too many customers this way, they are free to consider lowering the fee to lure back lost customers. This is elementary economics. A 6th grader running a lemonade stand knows this.
Why is our President so dumb? And why did 54% of us think electing him President would be a good idea?

Posted by: Jones at October 04, 2011 12:42 PM (8sCoq)

219 206 -- You might want to get the Costco Amex card. No annual fee, and you get 3% back on Costco gas, and 1% back on everything else.

Posted by: Reno_Dave at October 04, 2011 12:42 PM (OL4L4)

220 Just another thing for the Administration to stonewall and blow off.

Posted by: runningrn at October 04, 2011 12:37 PM (0fUOB)
Send Murray, Cantwell and Inslee a little note reminding them that the Obama Administration is responsible for the guns that killed at least two and Americans and two hundred Mexicans. Also remind them that CBS News released docs showing Holder lied to congress.
I did this morning, just because I know they miss hearing from me.

Posted by: robtr at October 04, 2011 12:43 PM (MtwBb)

221 WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke says the economic recovery "is close to faltering" and the central bank is prepared to take further steps to support it.
The economy is growing more slowly than the Federal Reserve had expected, Bernanke said Tuesday before the congressional Joint Economic Committee. He said the biggest factor depressing consumer confidence is poor job growth.

Oh noes!!!! Our glorious recovery under our Dear Leader is collapsing. What will we do?!?!

Posted by: TheQuietMan at October 04, 2011 12:43 PM (1Jaio)

222 Also, I prefer using a CC for overseas travel and travel in general because you get an itemized list.
I get an itemized list for my debit card.

Posted by: Entropy at October 04, 2011 12:44 PM (IsLT6)

223 Posted by: Tami at October 04, 2011 12:41 PM (X6akg)

Bwhahaha! Love it! While I give the fat chick holding the sign points for shaving her pits, she probably should get that bigass mole on her arm checked out. It looks like a melanoma waiting to happen.Oh, but that would require a trip to a greedy, mole stealing Dermatolgoist, one of those evil agents of Big Skin.

Posted by: runningrn at October 04, 2011 12:44 PM (0fUOB)

224 Like I said though I always use the credit. I never use the PIN.
It functions 100% exactly like a Mastercard credit card.
The only difference is instead of waiting a month to send me a bill, it just goes straight to my bank immediately for every purchase, and I get an itemized 'statement' rather than a bill to pay.

Posted by: Entropy at October 04, 2011 12:45 PM (IsLT6)

225 I did this morning, just because I know they miss hearing from me.

Patty's probably going to file a restraining order against you soon! She probably thinks you are stalking her because she looks HAWT in her tennis shoes.

Posted by: runningrn at October 04, 2011 12:46 PM (0fUOB)

226 AVoteforLincoln is a Vote for Emancipation!

Posted by: Sheila Jacksn Lee at October 04, 2011 12:46 PM (NFRLh)

227 You don't have some inherent right just to you know, get a certain amount of profit.
Bullshit. You have the right to try and make as much money as possible; the market will determine how much you actually get.

This simple economic concept is beyond the comprehension of b Hussein Obama, Supposed Mental Giant.

Posted by: Jones at October 04, 2011 12:46 PM (8sCoq)

228 You might want to get the Costco Amex card

Yeah, but not everyone takes Amex.

Posted by: runningrn at October 04, 2011 12:47 PM (0fUOB)

229 All of y'all talking about using a debit card w/o a pin must be in a free and easy State. Every store here either requires a pin or signing a slip much like a credit card to use a debit card.

Posted by: Vic at October 04, 2011 12:48 PM (M9Ie6)

230 Also, I prefer using a CC for overseas travel and travel in general because you get an itemized list.
Posted by: Y-not at October 04, 2011 12:39 PM (5H6zj)
My credit cards charge me a money conversion fee when I use them out of the country.

Posted by: robtr at October 04, 2011 12:48 PM (MtwBb)

231

JimPethokoukis
James Pethokoukis














RT @ppppolls: North Carolina: Cain 27, Romney/Gingrich 17, Perry 15, Paul/Bachmann 6, Santorum/Huntsman 2

Posted by: Tami at October 04, 2011 12:48 PM (X6akg)

232 I opened up some Halloween candy yesterday (had a meeting at my house and decided to use that for dessert after dinner). Now I can't stop eating it!

Posted by: runningrn at October 04, 2011 12:48 PM (0fUOB)

233 Patty's probably going to file a restraining order against you soon! She probably thinks you are stalking her because she looks HAWT in her tennis shoes.
Posted by: runningrn at October 04, 2011 12:46 PM (0fUOB)
Meh, I ignore those. Ask PGIS

Posted by: robtr at October 04, 2011 12:49 PM (MtwBb)

234 I opened up some Halloween candy yesterday (had a
meeting at my house and decided to use that for dessert after dinner).
Now I can't stop eating it!


Posted by: runningrn at October 04, 2011 12:48 PM (0fUOB)
I sent my son a big box of stuff yesterday....one of the bags of candy strangely didn't make it into the box.

Posted by: Tami at October 04, 2011 12:50 PM (X6akg)

235 All of y'all talking about using a debit card w/o a pin must be in a free and easy State. Every store here either requires a pin or signing a slip much like a credit card to use a debit card.
I'm in IL.
No PIN, I use it as a credit card. When it asks "Debit/Credit" you select "credit", and then use your debit card. So no PIN.
As for having to sign, it depends on which credit system the retailer is using. Some require it for all transactions, but around here, most systems don't require a signature for purchases under $25 or something like that.

Posted by: Entropy at October 04, 2011 12:51 PM (IsLT6)

236 Mt question is when will the majority decide we had enough and start taking the fight to these cocksuckers any and all means. This is a slow moving bolshevik revolution they are staging. If they have a right to bring this country down then we have a right to fight to save it.

Posted by: Berserker at October 04, 2011 12:52 PM (FMbng)

237 From now on I will only do business with retailers who accept payment in the form of live chicken.

Posted by: Entropy at October 04, 2011 12:54 PM (IsLT6)

238 My biggest gripes with the banks is that they stick it to the people who are most ill equipped to handle it.



It is only the poorest of the poor getting stuck in a brutal overdraft cycle.



It is only the poorest of the poor who need to pay $25 a month to open a
checking account because they lack the direct deposit minimum or $1500
standing balance.



This latter one pisses me off because my "house-wife" girlfriend can't
afford to open up her own bank account outside of an ING netbank type
account (with Many ATM's, mostly at -11 and Target). How are we gonna
teach our kids money management when they can't even open a small
account?

A bank is not your bitch to just demand money from when it suits you. They are a business, in business to *make* money. If you are over drafting your bank it means one of two things is true.

1. You are an idiot and don't pay attention to your balance.
2. You can't get or won't use a credit card to cover temporary debt.

If you fall into category 1, you deserve to get hit with an overdraft fee, if you are in category 2, let me run this down for you YOUR CHECKING ACCOUNT IS NOT A FLEX CREDIT ACCOUNT! Over drafting it is a fraud, and your bank is covering for your fraudulent activity. For which they charge a usually very reasonable (about $15-20) which allows you to avoid potentially $100s of dollars in fines. I'm not saying I haven't done it by accident, but when they cover my ass, I feel like saying "thank you" not bitching.

Second item, a checking account costs a bank money. They have to take responsibility for and administrate that account. If you don't have sufficient cash in the account that they can use to make the money your account is costing to administer, at that point your checking account is a service the bank is providing for which they don't make any money on; then yeah PAY FOR IT! Or don't use a checking account.

Wanna bitch about saving money in a bank, that it makes it hard to teach kids how to save? Let me brake it down for you. Banks don't pay enough interest to make that a real good reason to have an account. Wanna teach kids about money, teach them the reality of banking, not the pie in the sky belief that you have that banks are some sort of public service. In reality all they do is provide a convenient way to *store* piles of your money. You don't need a bank account to teach your kid how to save. Any convenient jar will do until they have enough money to open an account. Don't expect banks to take a loss on an account just so you can have some sort of teaching moment with your kids, it is a bad lesson.

Posted by: MikeTheMoose Camellia Sinensis Operative at October 04, 2011 12:55 PM (0q2P7)

239 237
From now on I will only do business with retailers who accept payment in the form of live chicken.

Posted by: Entropy at October 04, 2011 12:54 PM (IsLT6)

What about live woodchucks?

Posted by: Unclefacts Out Of Commenting Retirement Just For This One Thing at October 04, 2011 12:55 PM (6IReR)

240 And the Mitten is going to put a stop to this nonsense? Please. The guy's a weather vane with a spine of camembert.

Posted by: SFGoth at October 04, 2011 12:56 PM (dZ756)

241 What about live woodchucks?
Too much foreign currency manipulation.

Posted by: Entropy at October 04, 2011 12:57 PM (IsLT6)

242 I do not understand what the point of a credit card would be for me or what the advantage would be over the debit card.
You better hope you never lose that card or that someone steals or clones it.
You'll find out the difference rather quickly in those scenarios.

Posted by: Jay at October 04, 2011 12:58 PM (3LaGb)

243 It's not $5, it's $60 a year.
That's a lot of Val-u-Rite.

Posted by: Jimmuy at October 04, 2011 12:58 PM (ibeMV)

244 What about live woodchucks?

Illegal in Virginia because they are nuisance animals.

Posted by: FRONT TOWARD LEFT at October 04, 2011 01:00 PM (SiFbi)

245 @200 - And, unlike "gold," it actually PAYS interest... Plus, you are first in line, if the bank goes broke.

Yeah, put all your money into banks and not into gold. Because that .005% interest point will surely outrun our 2.7% annual inflation (yearly since 1920).

Get the fuck outta here.

Posted by: E.M. August at October 04, 2011 01:01 PM (zeBNm)

246 Also, upon re-reading 200, it may just be that I don't get the jokes :p

Posted by: E.M. August at October 04, 2011 01:01 PM (zeBNm)

247 You don't have some inherent right just to you know, get re-elected...you communist fucktard.

Posted by: LGoPs at October 04, 2011 01:02 PM (lHn6+)

248 200
If you want to avoid the charge, all you have to do is invest $10,000 in a CD.. That'll make you a Gold Card Holder.

And, unlike "gold," it actually PAYS interest... Plus, you are first in line, if the bank goes broke.

win/win/win


Posted by: franksalterego at October 04, 2011 12:36 PM (7/sDI)
That's what we thought.

Posted by: GM Bondholders at October 04, 2011 01:02 PM (x7g7t)

249 I sent my son a big box of stuff yesterday....one of the bags of candy strangely didn't make it into the box.
Ha! Tami, you are my soul sister. I've been picking out all the stuff I love--Whoppers and Heath bars.

Posted by: runningrn at October 04, 2011 01:03 PM (0fUOB)

250 Y'know the folks we should be pissed at are the liberal teachers that put this shit in those poor things heads that are gathering everywhere but don't know why, when we have had enough and start culling the herd they should be the first ones to cull, not the dopes on the streets hell we can just run over them they don't have enough sense to get out of the way.


Happy Tue. boys and girls, making a big pot of off the boat yesterday jumbo shrimp gumbo mmmm, mmmm, mmm!

Posted by: 'Nam Grunt at October 04, 2011 01:04 PM (UjnTk)

251 North Carolina: Cain 27, Romney/Gingrich 17, Perry 15, Paul/Bachmann 6, Santorum/Huntsman 2
Posted by: Tami at October 04, 2011 12:48 PM (X6akg)
I'm not sure whose number is more impressive, Cainor Gingrich, assuming that it's actually accurate. (and given that it's PPP, well....)

Posted by: Ghost of Lee Atwater at October 04, 2011 01:04 PM (JxMoP)

252 See, Obama isn't a socialist. He's a fascist.

Posted by: Bald Ninja at October 04, 2011 01:05 PM (tB1LF)

253 robtr,
Don't be calling Inslee... he is my whipping boy. Find your own. The Shoreline office, hates, hates, hates me. Someday I am going to go there just to say hi.

Posted by: AndrewsDad at October 04, 2011 01:05 PM (C2//T)

254 Ha! Tami, you are my soul sister. I've been picking out all the stuff I love--Whoppers and Heath bars.

Posted by: runningrn at October 04, 2011 01:03 PM (0fUOB)
Damn those manufacturers for making huge bags of candy with 150 pieces in them for $10 bucks!

Posted by: Tami at October 04, 2011 01:08 PM (X6akg)

255 What you will see happening, is that the poor will not be able to
maintain the minimum balances. They will besqueezed out of banks
altogether and be forced to resort to pay day loan/check cashing
services.

My family has been poor, a couple of times, back when banks used to charge a lot more fees than they do now. You know what you do? You cut your budget until it hurts, you build up savings until you can open a non-checking savings account, use ATM only services at the bank you have the account so you won't be charged fees, then cash and carry for everything else.

The first step in not being poor is acting responsibly.

Posted by: MikeTheMoose Camellia Sinensis Operative at October 04, 2011 01:09 PM (0q2P7)

256 I've got that on a shirt which I plan to wear in the half marathon in Detroit on the 16th. I can't wait.


Posted by: Car in at October 04, 2011 12:03 PM (52XZr)
Marathon in Detroit = motivation for the runners?

Posted by: grognard at October 04, 2011 01:09 PM (NS2Mo)

257 $60.00 a year is only 7 packs of smokes. Or twelve cups of StarBucks coffee.

Posted by: Barack Obama at October 04, 2011 01:14 PM (XhzTz)

258 Posted by: WalrusRex at October 04, 2011 12:41 PM (TVvXc)
Nicely hijacked.

Posted by: steveegg at October 04, 2011 01:16 PM (o44nj)

259
In Utopia, the retailer passes the savings gained via the new law back to the consumer. In Utopia, the consumer then realizes that in order to keep the BofA in the game, that it is only right that the consumer passes the retailers savings up to the bank. So, in Utopia where the economy has a socialistically magical and always upward or at the very worst a flat trend, everyone keeps on paying and earning the same amount for ever and ever. I can't find Utopia on Google Earth. They must be hiding it! Now, I would like to present my list of demands ....

Posted by: Errol at October 04, 2011 01:21 PM (vewos)

260 48
Martin Luther King had a dream.

Barack Obama has a vision.

In 2012, Keep Hope Alive.

Obama

Posted by: soothsayer a

t October 04, 2011 11:52 AM (G/zuv)



For some odd reason, I offer up "hope" and "vision" in lieu of actual rent money, food, gas, and car insurance, but the suckers will have none of that. I thought whatever spewed out of Obama's mouth was the gospel, man.

Posted by: In awe/panic of what machines can do at October 04, 2011 01:22 PM (NRygI)

261
Remember when conservatives said that banks were the bad guys for giving out liar loans and selling each other all of those over-leveraged credit derivatives.
Yeah, those were the days, eh?
Plus, BoA - along with a number of others -is bankrupt. (They're almost a penny stock, these days.) The only thing that saved them was all of those TBTF bailouts and Congress writing laws that allowed them to lie on their quarterly reports...so that nobody could tell if they were bankrupt or not?
Remember when that was a bad thing?
Good times.
Those were the days, eh?

Posted by: Warren Bonesteel at October 04, 2011 01:27 PM (E7Z1r)

262 I love the way Rush just smacked down a caller. He called him a "glittering jewel of ignorance."

That is a keeper.

Posted by: mpfs, TPT at October 04, 2011 01:29 PM (iYbLN)

263 I've got that on a shirt which I plan to wear in the half marathon in Detroit on the 16th. I can't wait.


Posted by: Car in at October 04, 2011 12:03 PM (52XZr)
Marathon in Detroit = motivation for the runners?


Posted by: grognard

Make sure you don't have 50K pinned to you shirt ala Corky style. referencing Empire of Jeff

Posted by: mpfs, TPT at October 04, 2011 01:30 PM (iYbLN)

264 No time to read through comments, so sorry if someone has already said this.
Bank of America does not want small account holders. Bank of America does not make money off of small account holders. They lose money from the processing costs. Ifa customercan't afford $5 a month, and flounces off in a snit, you know what BoA does?
Cheer and drink a toast with the money they saved by not having to service this small account holder.

Posted by: Teri at October 04, 2011 01:34 PM (kUYEl)

265 What The One and his fellow libtards are forgetting, too, is that it's not just a matter of profit: there costs associated with handling debit-card transactions, too. Everything from collecting and storing the records; to making them available online; to printing the monthly statement, stuffing it into the envelope, paying first-class postage. All of this costs money - not a lot, granted, but it does add up.

Those costs used to be covered by the fees to merchants; but thanks to Senator Durbin (my senator, I'm sorry to say), that's not the case any more. Thanks, Dick!

Here's two questions I'd be interested in hearing the JEF's answer to: How much does it cost to process a debit-card transaction? and, How much does it cost to maintain a debit-card account? If he came within one order of magnitude of being right, I'd be stunned. Which would lead to the logical follow-up question: If you obviously know nothing about the costs associated with banking, why are popping off about excessive profits?




Posted by: Brown Line at October 04, 2011 01:36 PM (VrNoa)

266 Remember when that was a bad thing?
It still is. What's your point?
Anything that hurts banks is good, because banks are pure concentrated evil?

Posted by: Entropy at October 04, 2011 01:37 PM (IsLT6)

267 You don't have some inherent right just to you know, get a certain amount of profit. If your customers are being mistreated. That you have to treat them fairly and transparently.


Ok here's the problem. he's right in a sense: you should not make money at the expense of your customers by defrauding, mistreating and unfairly abusing them. You should treat customers fairly and transparently, you shouldn't mistreat them.


Where he gets into trouble is the presumption that the US government then should step on someone's neck to stop it.


And honestly, after all the crony corporatism that's gone on in this administration alone, does anyone really take this crap seriously? Does anyone really believe a word he says here?

Posted by: Christopher Taylor at October 04, 2011 02:18 PM (r4wIV)

268 "This is exactly why we need somebody who's sole job it is to prevent
this kind of stuff from happening."

ABC, Politico, and CNBC all have "who's" where it should read "whose." At most, one of them does original reporting, and the rest copypasta.

Posted by: PantsDailyon at October 04, 2011 02:37 PM (GKqLj)

269 Yep, I'm at a credit union. IIRC, it's small enough that Durbin's asshole move doesn't apply to them, so they don't have to charge the $5 because they're still sticking it to the retailers.


Posted by: Greg Q at October 04, 2011 02:39 PM (/0a60)

270 So, you don't have a right to make a certain amount of profit and the government's job is to prevent you from doing so.

Anyone else want to argue he's not a communist?

Posted by: Merovign, Dark Lord of Stuff and Things at October 04, 2011 02:41 PM (bxiXv)

271 I do think at a certain point youve made enough money
How about a 90% tax on royalties of past and present elected and non-elected federal employees for books, movies, speaking fees about their time or job working for the federal government.

Posted by: hyperbolicKOS at October 04, 2011 02:42 PM (SWgny)

272 PRESIDENT OBAMA: I you know, I havent quite boiled it down to a
bumper sticker yet. But I think whatll define 2012 is you know, our vision for the future. Thats three words. Four.GEORGE STEPHANOPOULOS: Its five, actually.

Boys, boys! Please, allow me:

Whining the Future

Posted by: No Whining at October 04, 2011 02:58 PM (Wqfrr)

273 Then we will be running a count down for January 21 when he is finally out of office. Then we will be counting off the days until Congress acts and until NewPOTUS can delete 2/3 the government employees who are not doing their jobs as WE see they should be done.

Note that traditionally the outgoing POTUS wrecks some of his nastiest damage on the way out.

It's best if we simply delete this POTUS via proper impeachment proceedings. He MAY have done enough raw stuff that it would get past the Senate for the conviction, too.

{^_^}

Posted by: JBD at October 04, 2011 05:21 PM (ur2wU)

274 Obama is a stuttering clusterf*ck of a miserable failure.

Posted by: steevy at October 04, 2011 05:50 PM (fyOgS)

275 How did he expect Bank of America (and other banks) to respond? He and
the Dems took billions of dollars out of their pockets and they're
supposed to just lie there and take it?

Yep! They can just go to their Secret Money Tree if things get tight.

Posted by: lauraw at October 04, 2011 07:19 PM (DbybK)

276 Let's see what the tally is:
Bank of America: $60 per year.
Federal Government: $22,000 per year.
Pay no attention to that man behind the curtain! Bank of America is charging you $5! That's Five with a capital F, citizens!It's an outrage! Seize them!

Posted by: Landru at October 04, 2011 07:46 PM (VYhCT)

277

This is an excellent post. It is very informative. Thank you so much. I'll be a regular viewer.

Posted by: Robert B. Parkers Killing the Blues AudioBook at October 04, 2011 09:16 PM (wFpoL)

278 I hope I haven't repeated anyone else, lots of posts and didn't read them all.

I think BOA and the other banks should label the fee the "Durbin/Frank fee" on the peoples monthly statement.

Posted by: garghhh at October 04, 2011 10:09 PM (Z77mb)

279 Will someone please explain what SCOAMF stands for?

Thank you, Peter Warner.

Posted by: Peter Warner at October 05, 2011 12:58 AM (2oz8v)

280 buy windows 7 cd key buy wedding dress CD Keys ARMA 2 CD Key Call of Duty CD Key Company of Heroes CD Key Command Conquer CD Key Dawn of War 2 CD Key Dead Space CD Key Fallout 3 CD Key Mass Effect 2 CD Key Silent Hunter 5 CD Key The Sims 3 CD Key GTA 4 CD Key NFS CD Key Titan Quest CD Key RUSE CD Key F1 2010 CD Key Two Worlds 2 CD Key Star Trek Online CD Key Spore CD Key Far Cry 3 CD Key Dungeons CD Key Dragon Age CD Key Divinity 2 CD Key Dead Space 2 CD Key Crysis 2 CD Key Cities XL 2011 CD Key HomeFront CD Key Shogun 2 Total War CD Key Fable 3 CD Key PES 2011 CD Key Duke Nukem Forever CD Key Dungeon Siege 3 CD Key FEAR 3 CD Key NBA 2K11 CD Key RIFT CD Key Red Faction: Armageddon CD Key Dead Island CD Key Driver San Francisco CD Key Deus Ex: Human Revolution CD Key F1 2011 CD Key From Dust CD Key Red Orchestra 2 CD Key Tropico 4 CD Key Might Magic Heroes 6 CD Key MineCraft CD Key Rage CD Key DCS A-10C Warthog CD Key

Posted by: bnvvmcvpx at October 07, 2011 12:07 AM (m1Y7w)

281 www.genset-china.com

Posted by: christine at October 07, 2011 01:09 AM (qinpH)

282 www.parts-machining.com

Posted by: bsdbsn at October 07, 2011 02:21 AM (qinpH)

283 bladesoul rmtTERA RMTAION RMTTERA RMTC9 RMTåɥȩ` RMTredstone rmt RMTƩ` RMT륽` RMTFF14 RMTFNO RMTᥤץ륹ȩ`` RMTͩ`2 RMTɥ饴ͥ RMTȥƥ RMTRO RMTLҰ RMTL RMT륿 RMTɥ饴˥ RMTcabal rmtͩ` RMTAION RMTTERA RMTåɥȩ` RMTredstone rmtC9 RMTͩ`2 RMTɥ饴ͥRMTƩ` RMTᥤץ륹ȩ`` RMT RMTLҰ RMTL RMT륽` RMT륿 RMTɥ饴˥ RMTcabal rmtɥ饴ͥ RMTFNO RMT

Posted by: blade&soul at October 14, 2011 04:12 AM (mnmu0)






Processing 0.06, elapsed 0.0602 seconds.
15 queries taking 0.0169 seconds, 292 records returned.
Page size 166 kb.
Powered by Minx 0.7 alpha.

MuNuvians
MeeNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat