Obama Says He Can Stop Bank of America from Making 'a Certain Amount of Profit

FoxNation.com ^ | Oct 3 | Staff

[therightliveswithus]

Reminds me of this Rand book...

[TheThirdRuffian]

The Dick Durbin fee.

BOA should list it as such on people’s accounts.

[matt04]

Did BoA not pay the monthly bribe, er, campaign donation to keep Obama off their backs.

[cuban leaf]

That transcript makes me sick. I hate BofA, but I completely support them in this. They have every right to do it, and I have every right to go to another bank. Once the government gets involved, rights have a way of vanishing. That is rarely a good thing.

[tpmintx]

How? By having your “anonymous” friends crash their web site?

[pogo101]

Padawan is learning.

[cuban leaf]

That would be hilarious.

And yes. Yes they should.

[FortWorthPatriot]

"You know what, this is not good business practices."

As if the jug-eared Bastard King knows anything about running a business...

[Lazlo in PA]

"This is exactly why we need this [CFPB]," the president said. "We need somebody whose sole job it is to prevent stuff like this."

We already have someone to put a stop to this. It is you, Obummer. Repeal Dodd Frank now and this all goes away.

[PeaRidge]

He simply has to stop this foolishness. It will set up a major race/class/capitalism vs. socialism upheaval that will change this country no matter who is elected.

Of course, it will be much worse if a Republican wins. Just listen to Maxine Waters’ latest threat.......to be turned loose is too obvious to ignore.

[FortWorthPatriot]

That chick on the right has elf ears...

[Thane_Banquo]

Obama Says He Can Stop Bank of America from Making 'a Certain Amount of Profit'

BofA seems to be doing a pretty good job of that themselves, thank you very much.

[E. Pluribus Unum]

The guy is an infant.

He has the mind of a two-year old.

[bgill]

Uh, yes they do. While it isn’t a “right”, they can place any fees they wish on their card. However, customers have the choice of bending over for it or telling BofA what to do with the fee can move their account to another bank.

[Mariner]

Spoken like a true commie.

[Gaffer]

Facism at its best.....

[Gaffer]

Fascism...

[MrB]

Not to be pedantic, but this is more “fascist” than communist, where the government doesn’t take specific ownership of business, but lets private ownership exist only operating within rigid parameters in order to serve the state.

Obama, indeed, IS a communist at heart.

[Ingtar]

Coming soon to any bank near you. This is a case of them collecting enough to cover their costs, with some profit. This thing called profit keeps them in business. When the fees show up everywhere, it will be much more difficult for him to play the blame game.