Democrats encourage Bank Of America customers to close their accounts

[texdav]

They actaully transfer hal;f the cost top consumer by the Durbin bill. Use tyo be retilers added in on as cost and got instant mney trnsfer;less bill and less frud from checks plus more sales just like credit cards. the bill controlled the price cuttig it i half. tranferrring the fee to bnak charged ;means increase bank fraud insurance coverage;with the same swervice to reatilers.Bascailly its a direct billing to consumer hwo use the service.Mna changes coming i how and who pays for service renders from spreading out to more who uses.

[mmmjv]

Originally Posted by DRob4JC

If I was B of A, I would make it VERY public, that these fees are in response to the Dodd-Frank bill. The fees will stand as long as that bill is in place - or - debit card services may end.

The best course of action to remove the fees would be to compel Congress to repeal Dodd-Frank.

First of all those fees are in response to BOA figuring that if they impose them their profit will go up. If they made it VERY public that they're because of the Dodd Frank bill then if that was ever repealed they'd have to end the fees or look like damn fools and they ain't gonna want to end those fees if their profit is higher

[Kracer]

You mean these Dems are encouraging BOA customers to close accounts?

These financial wizzards?

The financial juggernauts who told us in cno uncertain terms Freddie and Fannie were solvent?

Chris Dodd saw it coming and he left Dodge.....

sure let's take their advice on the economy.....

http://www.youtube.com/watch?v=w-YtqVIKTTE&feature=related

http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=player_embedded

[Marv101]

Also known as Dick Durbin's 'Payday Lender Empowerment Act' in some circles, this boneheaded bill is 100% to blame for this, and nobody else.

Price-fixing is NEVER a good thing for cosnumers, but Democrats obviously don't give a 'bleep' about the 'little guy', do they?