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Middle-class rage sparks protest movements in Turkey, Brazil, Bulgaria and beyond
Washington Post ^ | June 28, 2013 | By Anthony Faiola and Paula Moura

Posted on 06/28/2013 2:58:57 PM PDT by Oldeconomybuyer

Around the globe, this is the summer of middle-class discontent, particularly in the developing world. From Istanbul to Rio de Janeiro, from Bulgaria to Bosnia, the pent-up frustrations of an engaged citizenry are being triggered by a series of seemingly disparate events.

Thousands of protestors, including an outpouring of middle-class citizens, are expected in Cairo’s Tarhrir Square this Sunday. They return to the touchstone plaza of the Arab Spring in a nation that exchanged a dictator for what many Egyptians now see as a new government unwilling or unable to fix a corrupt bureaucracy and inefficient economy.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Constitution/Conservatism; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: egyptriots; euriots; failure; frankfortriots; marxism; socialism
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To: DuncanWaring

Yes, that is correct, and I forgot to post that. Thanks for reminding me. They are not getting the return that they want or perhaps need. I don’t know that the merchant fee actually covers all the expenses they have with respect to account maintenance.

There’s a big push to go paperless, not only statements, but they would like for you to stop writing checks too. For sure, they are not optimizing their return with respect to the customers that pay in full every month.

It’s kinda like a restaurant, who wants everyone to spend 15 dollars minimum in order to cover overhead and make a profit.

They aren’t happy when you order the 3 dollar side salad and a glass of water. Even if you are sitting at a table for two, that’s 3 bucks vs 30 bucks potential. Course they will try to upsell you regardless of your order.

Of course, if the restaurant is not full, any warm body should be welcome.LOL


21 posted on 06/28/2013 6:31:04 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
[ Post Reply | Private Reply | To 20 | View Replies]


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