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Fed proposes 12-cent cap on merchant debit fees
Waterbury Republican-Republican via A.P. ^
| December 17, 2010
| Eileen Connelly
Posted on 12/18/2010 1:46:52 PM PST by Graybeard58
Edited on 12/18/2010 3:22:40 PM PST by Admin Moderator.
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To: E. Pluribus Unum
Yes, political entrepreneurship is alive and well.
We need less regulation and more competition. The market is self-regulating, not perfect, but it will get it right eventually.
21
posted on
12/18/2010 6:52:51 PM PST
by
1010RD
(First Do No Harm)
To: 1010RD
Don’t know all the details just that our average merchant fees are 3.5 to 4% of the monthly gross sales.
To: liberty or death
Dig, so these thieves get 3~4% of everything that moves and they still needed all our money during that T.A.R.P. holdup?
Whose robbin' whose train here?
"And they wonder why they get shot?!"
Butch Cassidy & the Sundance Kid
23
posted on
12/19/2010 1:07:26 PM PST
by
de.rm
(Bang, bang, . . bang. Shhh=Bush, the elder, E. Howard Hunt, LBJ, Mrs, Edgar Hoover)
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