Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh.
Legolas Send a noteboard - 17/12/2010 09:37:20 PM
The US does have astoundingly low debit card usage rates, and this seems like it would remedy that somewhat.
Fed Proposes 12-Cent Max Fee On Merchant Debit Fees
17/12/2010 06:00:35 PM
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I'm a little iffy on this
17/12/2010 09:08:56 PM
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It may hurt consumers, it will hurt the banks
18/12/2010 06:03:40 AM
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I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM*
20/12/2010 03:26:04 PM
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I'm so glad Visa and Mastercard are so worried about consumers, especially given THEIR tight budgets
17/12/2010 09:14:53 PM
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You do know Barney Frank (Democrat and major liberal and progressive) is against the change
18/12/2010 06:18:37 AM
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I didn't; guess that just means he's wrong. I fail to see how opposing this is progressive at all.
18/12/2010 12:49:36 PM
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It has nothing to do with being progressive, it has everything to do with his banker constituents. *NM*
20/12/2010 01:30:04 PM
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I figured, but, as you say, nothing progressive in that.
20/12/2010 02:44:47 PM
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I am just pointing out that Evil is not unique to a single political party
20/12/2010 06:56:29 PM
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It wouldn't be nearly as effective it it were; it's quite systemic, for a reason.
20/12/2010 07:46:29 PM
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Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh.
17/12/2010 09:37:20 PM
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Curious.
20/12/2010 07:02:05 PM
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True, that does amount to largely the same thing.
20/12/2010 07:12:27 PM
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I am not sure what the proper amount should be but there does need to be limits
20/12/2010 11:10:18 PM
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