"Thank you Senator Durbin....this also helps with my plans!"
Kinda like Obama saying, "I think there is a poiint where you've made enough money."
Clueless people running our great country.
Come Nov 2012, quick...
So if enough pull out and harm the bank, Durbin, will you be happy then?
“I am honored to be connected with this effort,” Durbin said today.
“What we are doing is fair to try to strike some balance in an industry that has shown little or no balance.”
Amazing that Sen Dick-head spoke yesterday and BAC’s website crashed. The senior idiot Senator from Illinois just yelled ‘fire’ in a crowded movie theater. Starting a bank run on one of the largest US banks is a brilliant idea when the markets are already on edge over Europe and Greece.
The inter-bank lending market has frozen again, just like in 2008, and the last thing we need are polticians like Barry and Durbin making it worse by calling for depositers to pull their money out of banks.
I have half a mind to head over to the nearest BOA and OPEN an account there.
Just to piss off Dick.
To really understand why Dick is upset, you have to understand the banking industry (not just BOA) is going to pass on the higher costs of Durbin’s governmental interference to ALL customers. BOA is just being creative as they pass on “The Durbin Fee”, as a reminder to everyone that - once again - the gubmint has screwed us over.
Sorta like telling people which car to drive, which coffee to buy and which doctor to visit.
The power of the purse.
Cannot believe this is over $5 a month!!!! One gallon of gas.
"Thank you Senator Durbin....this also helps with my plans!"
I did! Back in 2000,
I retired, started a new account with my retirement moneys; I had been with my bank for over 39 years (had checking, saving and some retiremnt moneys). I was not aware that if I did not either write a check or make a deposite I was charged an inactivity fee. (Which about equalled the interest paid on my accounts).
Evidence to me, banks seemed to be hiring their sons and daughters (& neices and nephews) they paid big salaries and taught them to figure out to charge their customers more, to justify their salaries.
Sad to say most businesses,today,focus on how to charge their customers more, rather than how to give them better services!
All businesses that practice such,(even our government) will eventually diminish their own purposes and will devour themselves!
This is interesting considering that BoA has been a RAT piggy-bank for years.
“Describing what Americans had done to prisoners in their control, you would most certainly believe this must have been done by Nazis, Soviets in their gulags, or some mad regime–Pol Pot or others–that had no concern for human beings. Sadly, that is not the case. This was the action of Americans in the treatment of their prisoners.” — Dick Durbin
Not much else to say about him.