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Keyword: fees

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  • Heard something profoundly disturbing today (Vanity)

    05/03/2016 4:23:41 PM PDT · by DuncanWaring · 167 replies
    Self | Today | Self
    Was talking to a recently-retired computer-science professor today; he said in the last few years he's been seeing students showing up in college who have literally Never. Used. A. Screwdriver. He has been teaching a higher-level class in automating control of a train setup. Part of the project is to assemble a train car from a kit. These kids have no idea how to do it.
  • Florida Attorney General investigating rental car companies for fees added to toll charges

    02/21/2016 5:11:34 PM PST · by Tolerance Sucks Rocks · 20 replies
    WPTV ^ | February 19, 2016 | Jenn Strathman
    WEST PALM BEACH, Fla. - Take a drive on Florida's toll road. It's not how far you go that determines what you pay. We found it may be the car you drive. "I was mad going on vacation with my wife," explained Steve Pasek. For Pasek, the memories of his Florida vacation are as fresh as the snow back in Ohio. He declined the rental car company's toll service. With the rental car company's automated billing services, you are billed weeks after you return the car. A third party company is used to send you the bill. While Pasek declined...
  • Clinton defends Wall Street speaking fees: ‘That’s what they offered’

    02/04/2016 2:14:07 AM PST · by Libloather · 11 replies
    The Hill ^ | 2/03/16 | Jonathan Easley
    Hillary Clinton on Wednesday night defended accepting huge speaking fees from Goldman Sachs, arguing that it won't influence the way she treats the banking industry. Speaking at CNN's Democratic presidential forum, anchor Anderson Cooper pressed Clinton on whether it had been a mistake for her to reel in more than $200,000 per speech for three speeches to the Wall Street giant. "Look, I made speeches to lots of groups. I told them what I thought. I answered questions," Clinton said. "But did you have to be paid $675,000?," Cooper asked. "Well I don't know," Clinton responded. "That's what they offered."...
  • The Bernie Sanders pledge: $2 ATM fees

    01/06/2016 2:36:41 AM PST · by Libloather · 48 replies
    Las Vegas Now ^ | 1/05/16 | Heather Long
    **SNIP** Sanders has made Wall Street a top issue, and says bankers are "destroying the very fabric of our nation." It's helping him remain competitive in key states like Iowa and, especially New Hampshire. A decade ago, about half of America trusted banks. Now that trust has fallen to a historic low of just 20%, according to Gallup. "Greed, fraud, dishonesty and arrogance. These are some of the words that best describe the reality of Wall Street today," Sanders said. Bernie wants to break up the banks.
  • Rental car toll fees stir backlash that threatens Florida’s image

    12/16/2015 11:08:36 AM PST · by Tolerance Sucks Rocks · 55 replies
    The Miami Herald ^ | October 29, 2015 | Steve Bousquet
    TALLAHASSEE Visitors to Florida who rent cars are being shocked by toll charges long after they get home, and enough are complaining that legislators say it could damage the state’s tourist-friendly image. In Florida, a tourist climbs behind the wheel of a rental car and enters a world of 600 miles of toll roads, more than any other state. As cash toll booths are steadily giving way to cashless, all-electronic tolling, car renters are being hit with service fees of $4 to $15 a day on top of unpaid toll charges. The rental car industry calls it a convenience as...
  • How Jeb Bush Funneled Pension Money to Lehman Before Getting a $1.3 Million a Year Consulting

    08/26/2015 12:37:39 PM PDT · by GilGil · 19 replies
    SilverDoctors ^ | 08/26/2015 | Michael Krieger
    For Florida taxpayers, the move by the administration of then-Gov. Jeb Bush to forge a relationship with Lehman Brothers would ultimately prove disastrous. Transactions in 2005 and 2006 put the Wall Street investment bank in charge of some $250 million worth of pension funds for Florida cops, teachers and firefighters. Lehman would capture more than $5 million in fees on these deals, while gaining additional contracts to manage another $1.2 billion of Floridas money. Then, in the fall of 2008, Lehman collapsed into bankruptcy, leaving Florida facing up to $1 billion in losses. But for Jeb Bush personally, his enduring...
  • 4 Tips to Avoid Road Tolls This Summer

    06/18/2015 6:56:30 AM PDT · by Tolerance Sucks Rocks · 17 replies
    Time ^ | June 4, 2015 | Brad Tuttle
    We've got a secret the rental car companies would prefer you didn't know. people camping in RV More The Cheapest Way to Roadtrip Might Surprise You 3 Ways to Avoid Costly Rental Car Insurance These Are the Most Hated Fees in America This wont come as news to commuters and frequent road trippers, but drivers are encountering more and more toll roads, as well as higher and higher tolls on the existing ones. The latest example is I-10 in Texas, where plans called for the maximum toll during peak travel hours to shoot from $7 to $10 as of May...
  • Bill Clinton collected $2.5 MILLION in speaking fees from companies that lobbied Hillary's...

    04/29/2015 2:59:14 AM PDT · by Libloather · 9 replies
    Daily Mail ^ | 4/28/15 | David Martosko
    Bill Clinton collected $2.5 MILLION in speaking fees from companies that lobbied Hillary's State Department Former president Bill Clinton reaped more than $2.5 million in speaking fees from 13 companies that lobbied the State Department while his wife was secretary of state. Ten of those companies paid him within the same 3-month reporting period covered by the government documents that disclosed the lobbying activity. Most of the influence-peddling accusations swirling around Hillary Clinton in the past ten days have focused on claims that she traded the power of her office in exchange for foreign contributions to the Clinton Foundation, her...
  • When the FCC came knocking ...

    04/23/2015 7:42:19 AM PDT · by TurboZamboni · 11 replies
    Pioneer Press ^ | 4-21-15 | Eric Cope
    The Federal Communications Commission recently adopted a plan to regulate the Internet like the phone companies of the 1930s. The decision is wrong for countless reasons, including an imminent reduction in investment and innovation. To undo these burdensome regulations, Congress should work together in the coming months to pass a law that both ensures the desired consumer protections everyone favors but forgoes the antiquated 1930s-style public-utility regulations. Let's take a step back. The FCC initially proposed last year to adopt a simpler set of rules guaranteeing that the Internet remains open and available to all users. This type of regulation...
  • Citi Economist: Abolish Cash (People Should Have to Pay Banks to Use Money)

    04/18/2015 6:54:20 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | April 18, 2015 | Nick Sorrentino
    The central banks dont like that cash makes it hard to cut rates to below zero. 0% is pretty much as far as they can go (though there are exceptions such as in Denmark.) Bloomberg reports;
  • Get Ready for $11 Billion in 'Net Neutrality' Taxes

    04/10/2015 5:48:43 AM PDT · by IBD editorial writer · 103 replies
    Investor's Business Daily ^ | 03/09/2015 | Staff
    romises: Not long after FCC chairman Tom Wheeler swore that the FCC takeover of the Internet wouldn't result in new taxes or fees, it appears likely that new taxes will show up on Internet bills in the near future.
  • 'Thinning the blood' of the national park system

    12/29/2014 9:10:28 AM PST · by jazusamo · 45 replies
    The Hill ^ | December 29, 2014 | Shawn Regan
    Would you pay more to visit your favorite national park? The National Park Service hopes so. The agency is proposing to increase entrance fees at many national parks across the country in an attempt to raise more revenue from visitors to help cover the cost of park operations and maintenance. The proposal comes at a time when Congress just authorized the largest expansion of the national park system in nearly three decades but with no plan for how to fund it. The defense authorization bill, recently signed by President Obama, creates seven new national parks and expands nine existing...
  • Bill Cosby 'is paying private investigators six-figure fees to dig up dirt on rape accusers'

    12/28/2014 8:43:54 PM PST · by CorporateStepsister · 94 replies
    Daily Mail ^ | 28 December 2014 | By Ashley Collman for MailOnline
    Bill Cosby has refused to address the scores of rape allegations that have been hurled at him in recent months, but that doesn't mean he isn't working to clear his name. The comedian is allegedly paying private investigators six-figure fees to dig up dirt on the more than two dozen women who have come forward to accuse him of rape, according to a report in the New York Post. A source told the paper that Cosby has hired a Glendale, California, firm to discredit his many alleged victims' stories.
  • Obama's Net-Neutrality Plan Could Mean New Internet Fees

    11/21/2014 2:23:30 AM PST · by Libloather · 13 replies
    National Journal ^ | 11/21/14 | Brendan Sasso
    President Obama thrilled liberals and Internet activists last week by calling for the "strongest possible" net-neutrality regulations to ensure that all Internet traffic is treated equally. **SNIP** "The net result is that every single American broadband customer will have to pay a new tax or taxes to access the Internet," Ajit Pai, a Republican FCC commissioner, warned in a speech last week. "That translates into less broadband adoption, especially among the millions of families that still struggle to make ends meet in this lackluster economy." Technically, the FCC does not have the authority to "tax." But the agency already collects...
  • Hillary Clinton Says Shes Donated All University Speaking Fees

    07/04/2014 12:05:41 PM PDT · by Nachum · 101 replies
    ABC News, by Liz Kreutz ^ | 7/4/14 | Liz Kreutz
    Hillary Clinton continued to justify her high-dollar speaking fees on Friday, telling ABC News Ann Compton that all of the money shes made from colleges over the past year and a half has been donated to her familys foundation. All of the fees have been donated to the Clinton Foundation for it to continue its life-changing and life-saving work. So it goes from a foundation at a university to another foundation, Clinton said when asked about the criticism she and her husband have faced recently for their wealth. Hillary Clinton reportedly makes roughly $200,000 for each speaking engagement. And recent...
  • Learning about fees charged to your 401(k) could take serious sleuthing

    04/14/2014 5:39:25 AM PDT · by TurboZamboni · 4 replies
    pioneer press ^ | 4-13-14 | ap
    Where to find the fees charged by your 401(k) retirement funds? "Sorry to say there isn't an easy answer to where to find all expenses on retirement accounts, which is definitely part of the problem," says Jennifer Erickson, co-author of a new study of 401(k) fees by the Center for American Progress. Your quarterly statement may not show all the fees and "can be even more confusing," Erickson says. Most fees more than 80 percent of them are covered by a plan's "expense ratio." The expense ratio includes recurring fees you're charged when you invest in a fund. The...
  • Sexed-Up Extracurriculars

    04/02/2014 12:50:02 PM PDT · by Academiadotorg · 9 replies
    Accuracy in Academia ^ | April 2, 2014 | Malcolm A. Kline
    If youve seen the occasional stories on sex weeks at Yale and Harvard, you might be surprised to know that many colleges and universities officially devote more than seven days to the subject. In reality, I suspect many parents have little sense of the extent to which their sons or daughters university promotes this sexual ideologyits not the kind of information included in university admissions packets or fact sheets, Mary Rice Hasson wrote in an article which appeared in the winter edition of The Family in America, published by the Howard Center for Family, Religion and Society. Hasson has done...
  • Jodi Arias: Her $2.1 million legal bill paid by taxpayers

    01/29/2014 10:58:41 AM PST · by CorporateStepsister · 18 replies
    Christian Science Monitor ^ | January 28, 2014 | Brian Skoloff
    Jodi Arias was convicted of murder, but still awaits a sentence. So far, Arizona taxpayers have covered $2.1 million in legal fees for the Jodi Arias legal team and other costs associated with her case.
  • Coming up next: ObamaCare taxes and fees -- Assuming you can get signed up, of course.

    12/26/2013 8:47:34 AM PST · by SeekAndFind · 11 replies
    Hotair ^ | 12/26/2013 | Ed Morrissey
    This reminder from the New York Post came on Christmas, when few paid attention, but it’s worth noting today. The disastrous rollout of ObamaCare is only the appetizer for Americans, the 2013 lead-in to higher costs and fees built into the so-called Affordable Care Act. What most people haven’t heard — yet — is the new fees that ObamaCare charges for access to those higher premiums: The cost of President Obama’s massive health-care law will hit Americans in 2014 as new taxes pile up on their insurance premiums and on their income-tax bills.Most insurers aren’t advertising the ObamaCare taxes that...
  • Higher Chicago taxes, fines and fees for 2014

    12/22/2013 12:46:10 AM PST · by Libloather · 12 replies
    Chicago Tribune ^ | 12/20/13 | Hal Dardick
    **SNIP** The owner of a home valued at $213,000 can expect to pay about $51 more in school property taxes next year. It's the third year in a row that Chicago property owners will get hit with higher school taxes. City property owners and suburban governments that buy city water face a 15 percent increase in water rates. In some cases, suburban utilities will pass the increases on to people who buy their water. Sewer charges, added to city property owners' bimonthly bills, will be 96 percent of their water tab, an increase of 4 percentage points. Here's a look...
  • Washington State Exchange Arbitrarily Debiting Personal Bank Accounts For Obamacare Fees

    12/15/2013 5:39:07 PM PST · by george76 · 21 replies
    Gateway ^ | December 14, 2013 | Mara Zebest
    Another hard lesson to learn for anyone that would trust in the myth of efficiency from a monolithic collectivism-based government to legislate any aspect of an individuals life. Stories range from Marylands exchange director going on vacation (as the O-Care exchange website imploded) to dishonesty at the highest levels as Sebelius ducks questions on the Lie of the Year. Now this report of Washington state families who cant pay their bills because the WA State Exchange is erroneously debiting funds from their bank accounts. ... For the second week in a row, the Washington Healthplanfinder website is down, and its...
  • Supreme Court rule for Florida property owner in land use case

    06/25/2013 10:39:18 AM PDT · by fifedom · 28 replies
    Reuters ^ | Jonathan Stempel and Lawrence Hurley
    the U.S. Supreme Court on Tuesday said a Florida property owner may be owed compensation from a government agency that declined to award him a development permit for his land.
  • Maryland lawmakers pass bill forcing teachers to pay union fees, reversing right to work trend

    04/06/2013 11:45:13 AM PDT · by Libloather · 17 replies
    Fox News ^ | 4/06/13
    Maryland lawmakers agreed this week to require public school teachers to pay union fees a move that bolsters the states connection to organized labor as others move toward a right-to-work status. The bill passed Thursday in the General Assembly and is headed to the desk of Democratic Gov. Martin OMalley for signing after Monday, the final day of Marylands 2013 legislative session. The bill is also part of a larger progressive agenda put fourth this year by leaders of the Democrat-controlled Assembly that includes the approval of tax increases and one of the toughest gun-control proposals in the country.
  • Fifth Third Bank Customer Be Aware

    02/08/2013 12:13:00 PM PST · by econjack · 8 replies
    Snail mail letter | 2/8/2013 | econjack
    I received a letter from Fifth Third bank stating that "to improve customer service", they are cutting back from almost two dozen types of checking accounts to only six. My checking was free, provided I maintained a $1000 balance in the account. That no longer applies. Now they want $1500 minimum balance. However, that was not where they moved my checking account to. Instead, they moved it to a checking account type that had even greater requirements to qualify for a no-fee checking account. To me, giving them an interest free loan of $1000/year was enough and I told them...
  • Milk prices may double in new year

    12/22/2012 1:15:43 PM PST · by george76 · 65 replies
    CNN Money ^ | Dec 22, 2012
    The New Year could push milk prices to $7 a gallon. With Congress spending all its time trying to avert the fiscal cliff, a slew of other legislative matters are going unattended. One of them is the agriculture bill which, if not addressed, could lead to a doubling of the price of milk early next year. ... Sky-high milk prices wouldn't necessarily be good for dairy farmers either, according to Chris Galen, a spokesman for the National Milk Producers Federation, which represents over 30,000 dairy farmers. While it might provide a short term boost to profits, there's a fear that...
  • Obama quietly signs bill shielding airlines from carbon fees in Europe

    11/27/2012 4:58:10 PM PST · by Libloather · 27 replies
    The Hill ^ | 11/27/12 | Keith Laing
    Obama quietly signs bill shielding airlines from carbon fees in EuropeBy Keith Laing - 11/27/12 02:02 PM ET President Obama has signed into law a bill that requires U.S. airlines be excluded from European carbon emissions fees. Environmentalists had framed the bill as the first test of the president's commitment to fighting climate change in his second term and urged him to veto it. Obama quietly signed it Tuesday over their objections. "The Obama administration is firmly committed to reducing harmful carbon pollution from civil aviation both domestically and internationally, but, as we have said on many occasions, the application...
  • Airline gadfly has Delta in his sights

    09/02/2012 10:50:50 AM PDT · by rawhide · 23 replies
    ajc.com ^ | 9-2-12 | Kelly Yamanouchi
    Most travelers who are told they must pay an airline fee for some extra service just sigh, pay up and shrug their shoulders. They might complain to a friend, then forget about it. Not Donald Pevsner. Pevsner, a consumer advocate, retired attorney and former Concorde tour operator, has for decades filed petitions with the federal government challenging rules, fees and anything else that strikes him as unjust. I like tilting windmills at the people that deserve being tilted at, he said. And the airline industry deserves it in spades. Now in his sights: Delta Air Lines. Most recently, the Atlanta-based...
  • Tax bills coming your way, as if you needed more

    08/10/2012 10:34:05 AM PDT · by Mark Landsbaum · 2 replies
    Monday more than 825,000 people throughout California will begin receiving bills of $150 or more from the state government, in this case to pay some of the costs of preventing wildfires. . . Opponents, such as we, say its a tax and that its imposed in violation of the state Constitution. Apparently that argument hasnt dissuaded the tax man, er, fee man from his appointed rounds. . .
  • Flint Residents' Incomes Drop While City Spending Increases

    07/27/2012 7:46:31 AM PDT · by MichCapCon · 7 replies
    Michigan Capitol confidential ^ | 7/26/2012 | Tom Gantert
    As the city of Flint has fallen upon hard economic times, the increasing cost of its government has fallen upon its residents. Three of Flints biggest sources of revenue have plummeted. From 2006 to 2011, the citys property tax revenue dropped 29 percent, income tax revenue fell 27 percent and state shared revenue dropped 20 percent. Those three sources of revenue accounted for a combined loss of $19.2 million. However, thanks in part to $12.2 million in federal help, total revenue to the city went up from $105.5 million in 2006 to $108.9 million in 2011. The city also increased...
  • Canadian Gun Owners: One Step Forward, Two Steps Back

    05/30/2012 3:59:13 AM PDT · by marktwain · 3 replies
    The Truth About Guns ^ | 29 May, 2012 | Chris Dumm
    Shooters up North celebrated a rare gun-rights victory in April, when the Canadian federal government finally euthanized its expensive and useless Long Gun Registry. The celebrations were short, however. Eager to appease suburban voters and swinging liberals, Ottowa promptly moved to ban body armour. Then PM Stephen Harpers Conservative party has quietly announced that all Canadian gun owners will have to start paying a $60 fee to renew their firearm licenses. It gets better: owners of handguns and other restricted firearms (ooh, that sounds evil, doesnt it?) have to fork over $80 . . . These fees have actually been...
  • RI's unemployment card fees questioned (shifts cost from state governments to the consumer)

    02/21/2012 5:26:40 PM PST · by Libloather · 10 replies
    Yahoo ^ | 2/20/12 | DAVID KLEPPER
    RI's unemployment card fees questionedBy DAVID KLEPPER | Associated Press Mon, Feb 20, 2012 PROVIDENCE, R.I. (AP) Rhonda Taylor had never been on unemployment until she was laid off from her information technology job in 2008. When she received the debit card she'd use to access her unemployment benefits from the state, she assumed it worked like any other bank card. But after a month using the card, the North Providence resident noticed she was being charged a fee every time she checked her balance at an ATM. Every time she used her PIN to make a purchase....
  • Heller Attorneys Awarded $1.1M in Fees, One-Third of Their Request

    12/30/2011 8:13:06 AM PST · by AtlasStalled · 4 replies
    A federal judge in Washington has awarded attorneys who represented Dick Heller in the landmark Supreme Court case that recognized an individual right to posses arms just over $1.1 million in fees about one-third of what they had requested.
  • Illinois Teen Learns About Bank Fees the Hard Way

    12/14/2011 9:05:39 AM PST · by Kartographer · 28 replies
    ABC NEWS/YahooNews ^ | 12/12/11 | SUSANNA KIM
    Ganziano, a 55-year-old mother of five children, encouraged her fourth child, Daniel, 18, to set up a savings account at a nearby TCF Bank "out of convenience" due to its location. Ganziano and her son discovered that the bank offered little convenience due to the growing number of bank fees, as first reported by the Chicago Tribune. After he put money into the savings accont from his job, Daniel Ganziano's balance eventually fell to $4.85 and with such a small amount, he ignored it. However, TCF sent him a letter on Oct. 12 informing him that it had charged him...
  • Pepper-Spraying Taxpayers

    11/25/2011 7:43:45 AM PST · by ventanax5 · 6 replies
    National Review ^ | Heather Mac Donald
    As protesters festively (oops! I mean heroically) rally on college quads across California in the wake of the gratuitous macing of a dozen Occupy Wall Street wannabes at University of CaliforniaDavis last Friday, UC Berkeleys Vice Chancellor for Equity and Inclusion declared that the rising tuition at Californias public universities is giving him heartburn. It should, since Vice Chancellor for Equity and Inclusion Gibor Basri and his fellow diversity bureaucrats are a large cause of those skyrocketing college fees, not just in California but nationally. It is to be expected that students will be immaculately ignorant of the matters they...
  • Belmar PIF - Welcome to Lakewood, Colorado ("Public Improvement Fee" )

    11/21/2011 4:21:40 PM PST · by dynachrome · 23 replies
    Lakewood.org ^ | 2011 | Lakewood, Colorado
    General Information The Public Improvement Fee (PIF) is collected and used to finance a portion of the cost of new public improvements at Belmar. www.belmarcolorado.com Public improvements at Belmar include such things as public parking, parks, streets and sidewalks, water, sewer and storm water utilities, public spaces and public art. The City of Lakewood is collecting the PIF on behalf of the Plaza Metropolitan District No. 1 and its Trustee, US Bank. The PIF at Belmar is 2.5% on all sales transactions, as defined in the PIF Covenant. The PIF is a fee and NOT a tax; therefore, it becomes...
  • Banks Quietly Ramping Up Costs to Consumers

    11/14/2011 4:00:12 AM PST · by Cardhu · 40 replies
    NY Times ^ | November 13th 2011 | Eric Dash
    Even as Bank of America and other major lenders back away from charging customers to use their debit cards, many banks have been quietly imposing other new fees. Need to replace a lost debit card? Bank of America now charges $5 or $20 for rush delivery. Deposit money with a mobile phone? At U.S. Bancorp, it is now 50 cents a check. Want cash wired to your account? Starting in December, that will cost $15 for each incoming domestic payment at TD Bank. Facing a reaction from an angry public and heightened scrutiny from regulators, banks are turning to...
  • Obamacare Fees Force Company to Cut 5% of Workforce

    11/13/2011 1:25:18 PM PST · by Nachum · 6 replies
    Fox ^ | 11/13/11 | Detroit Free Press
    Stryker, the Kalamazoo-based maker of artificial hips and knees, will cut 5% of its global workforce by the end of next year to reduce costs in the face of new fees on device makers required by the U.S. health care law.
  • Sun Trust drops plans for Debit Card fees

    11/03/2011 7:29:17 AM PDT · by Vigilanteman · 18 replies
    Sun Trust Bank ^ | 2 November 2011 | Sun Trust Bank
    Effective November 2, 2011, SunTrust will no longer be charging a check card fee on any consumer checking accounts. If you received notice that your account would be subject to this fee, please disregard it. If you have previously been charged this fee, you will receive a full refund within the next 30 days.
  • Airlines issue warning about effects of new taxes (Hussein wants everyone to pay more to fly!)

    10/21/2011 5:07:21 AM PDT · by Recovering_Democrat · 13 replies
    Chicago Tribune ^ | 10/17/11 | G Karp
    Airlines with a big presence in Chicago say proposed new federal taxes aimed at reducing the federal budget deficit could cost jobs and limit flights to and from smaller markets in Illinois... Airline taxes proposed by the White House and being considered by a Congressional committee include a tax of $100 per take-off for both passenger and cargo flights. A second tax would be on airfares, doubling the current $2.50 passenger security tax to $5 and eventually by 2017 to $7.50.
  • Top senators open to changes in military health (McCain Alert)

    10/15/2011 9:18:43 AM PDT · by rabscuttle385 · 26 replies
    AP ^ | 2011-10-14 | Donna Cassata
    The top lawmakers on the Senates defense panel on Friday recommended that a special committee searching for ways to slash the deficit consider some of President Barack Obamas proposed changes to health and retirement benefits for the military. In separate letters to the bipartisan panel, Sen. Carl Levin, D-Mich., chairman of the Armed Services Committee, and Sen. John McCain, R-Ariz., signaled they were open to cost-saving steps in military benefits, recommendations that have already attracted fierce opposition from powerful groups of retired officers and veterans resistant to change.
  • Democrats Try to Kill Bank of America Over $5 Fee

    10/05/2011 10:12:05 AM PDT · by Kaslin · 54 replies
    Townhall.com ^ | October 5, 2011 | Mike Shedlock
    Senator Richard Durbin of Illinois is telling Americans to "Get the heck out of that bank", right on the Senate Floor. His comments are in response to Bank of America hiking fees on debit cards. Please considerBofA Customers Urged by Lawmakers to Quit Lender Over Debit Fee Congressional Democrats are pushing customers to quit doing business with Bank of America Corp. and one lawmaker is looking to make it easier for them to do so as the biggest U.S. lender announced plans for new debit-card fees. U.S. Representative Brad Miller, a North Carolina Democrat, introduced a bill today that would...
  • Why Your Bank Is Charging More Fees

    10/05/2011 6:42:15 AM PDT · by SeekAndFind · 9 replies
    National Review ^ | 10/05/2011 | John Berlau
    There are many observations that can be made about President Obamas remark Monday to ABC News that businesses dont have some inherent right just to get a certain amount of profit if your customers are being mistreated. In and of itself, this comment reveals much about his beliefs and knowledge (or lack thereof) on economics, consumer choice, and the private sector in general. But in the context in which it was made Bank of America, Citi, and other banks recently announced debit-card and checking-account fees for consumers, which they are charging to recoup losses from the Dodd-Frank financial-overhaul laws...
  • Remember the Durbin Fee while using your debit cards

    10/03/2011 8:31:10 AM PDT · by Hojczyk · 14 replies
    HotAir ^ | October 3,2011 | Ed Morrissey
    Government imposes new price controls on an industry. Industry raises prices elsewhere to make up for the artificial cap on cost recovery. Government expresses shock, shock at the development. For those of us old enough to remember the 1970s, this seems like deja vu all over again, as Yogi Berra once said. For those either too young or too dim, as the Washington Examiner puts it, the surprise should be a learning experience, even for a dim bulb like Dick Durbin During the debate over the Dodd-Frank financial reform bill, when Democrats controlled Congress, Durbin insisted on including an amendment...
  • Debit Durbin

    09/30/2011 9:22:41 AM PDT · by WOBBLY BOB · 10 replies
    American Spectator ^ | 9-30-11 | John Berlau
    As I detailed here in February in "Dick Durbin Is Stealing Your Free Checking," thanks to price controls on debit card transactions from the Durbin Amendment of the 2010 Dodd-Frank "financial reform" law, free checking is going the way of the dodo bird. The Durbin price controls on interchange fees -- the so-called "swipe fees" that retailers pay to bank and credit unions that process debit card transactions, go into effect this Saturday, October 1, and are already showing more dire effects than originally predicted. Not only is free checking disappearing at a rapid pace -- a new Bankrate.com survey...
  • Bank of America to charge $5 debit card fee

    09/29/2011 11:19:56 AM PDT · by monkeyshine · 56 replies
    AP ^ | September 29, 2011 | Candice Choi, AP Personal Finance Writer
    Bank of America plans to start charging customers a $5 monthly fee for using their debit card for purchases. The fee will be rolled out starting early next year. [snip]...Anne Pace, a Bank of America Corp. spokeswoman, said Thursday that customers will only be charged the fee if they use their debit cards for purchases in any given month. Customers won't be charged if they only use their cards at an ATM. The fee will apply to basic accounts and will be in addition to any monthly fees customers are already being charged. For example, one of the bank's basic...
  • Ghastly New 'Fees' Found in Obama Tax Plan

    09/19/2011 6:38:21 PM PDT · by Nachum · 20 replies
    Fox News ^ | 9/19/11 | Andrew Taylor, Associated Press
    WASHINGTON (AP) -- It's not just millionaires who'd pay more under President Barack Obama's latest plan to combat the deficit. Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in government revenues raised through new or increased fees. Airline passengers would see their federal security fees double from $5 to $10 for a nonstop round-trip flight and triple to $15 by 2017, raising $25 billion over the coming decade. Federal workers would face an additional 1.2 percentage point deduction from their paychecks to contribute...
  • New government fees pepper Obama deficit plan

    09/19/2011 1:23:45 PM PDT · by cc2k · 20 replies
    http://www.newsvine.com/_news/2011/09/19/7842830-new-government-fees-pepper-obama-deficit-plan ^ | Mon Sep 19, 2011 3:24 PM EDT | Andrew Taylor, Associated Press
    WASHINGTON It's not just millionaires who'd pay more under President Barack Obama's latest plan to combat the deficit. Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in new government revenues raised through new or increased fees. These fees are advertised as "savings" in administration budget documents.
  • SAN FRANCISCO: Parking fine increase being eyed

    09/09/2011 4:10:51 PM PDT · by SmithL · 9 replies
    SFGate: City Insider ^ | 9/9/11 | Rachel Gordon, Chronicle Staff Writer
    Parking ticket fines in San Francisco may go up $3 apiece as the perennially cash-strapped Municipal Transportation Agency scrambles to fill a funding gap. That means, for example, the penalty to park at an expired downtown meter would go up to $68 and the fine for parking in a street-cleaning zone would jump to $58. . . . Part of the problem: Fewer tickets are being issued. Another? The state, with its own budget problems, decided to grab $3 from every parking ticket issued.
  • Officials confirm 'credible but unconfirmed' 9/11 threat (Truck bomb suspects include US Citizen)

    09/08/2011 6:06:12 PM PDT · by jimbo123 · 48 replies
    CNN ^ | 9/8/11 | Barbara Starr, Mike M. Ahlers and Lesa Jansen
    U.S. officials said Thursday evening they have "specific, credible but unconfirmed" information about a threat against the United States coinciding with the 10th anniversary of the September 11 terrorist attacks. "We have received credible information very recently about a possible plot directed at the homeland that seems to be focused on New York and Washington, D.C.," a senior administration official told CNN Pentagon Correspondent Barbara Starr. The official said the plot was believed to involve three individuals, including a U.S. citizen, who may have entered the United States. U.S. officials believed the threat was a vehicle laden with explosives, but...
  • A Plan To Actually Bring Jobs

    08/29/2011 6:39:27 PM PDT · by Kaslin · 15 replies
    IBD Editorials ^ | August 29, 2011 | Staff
    Leadership: House Republicans are launching a pre-emptive strike against the president's forthcoming jobs plan. Instead of more Obamanomics, they offer real relief for private-sector job producers. Appearing on Fox News on Monday, House Majority Leader Eric Cantor, R-Va., gave one of the most succinct descriptions of the Obama administration's economic policy yet heard. The White House, he said, has "demonstrated that it is not interested in focusing on private-sector growth." Instead, it has conducted "a continued expansion of government, continued grabs at trying to tell people who want to go out and invest and create a profit that maybe they've...