Thursday, March 10, 2011

Banks Hold USA Hostage

The banks are not happy with reduced debit card fees, so they are considering holding American consumers hostage by reducing the maximum transaction below the cost of filling up the gas tank of a car. Instead of bailing out these failed banks with TARP, we should have reorganized them.

Will Americans stand up and take back their rightful power over the banking system. Will Americans alternatively submit to JPMorgan Chase stealing more money with high swipe fees:
JPMorgan Chase, one of the nation's largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal.

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