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Originally posted by: Toomany10pins
Really Tony? You (all of us) are paying less in taxes NOW then in the Saint Reagan era. Don't let the facts get in the way of your arguments/political ideology my friend.
Originally posted by: Toomany10pins
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Originally posted by: chefantwonQuote
Originally posted by: malibber
I like that the big banks got spanked. The only problem is it went to big retailers instead of consumers and or the government. The swipe fees were a vestige from the days of non-computer credit card transactions where there was a lot of paperwork involved. Over the years the banks just pocked the increased profits even though the transactions were much easier to process. What I am upset about is congress has spent more time on this issue than anything else (jobs, health care and so on) and both big monied groups felt like they were entitled to this money. It never was brought up maybe we should give it to the consumers (the people that actually pay these fees) or perhaps the government should just call it a tax as a way to increase revenues without having to raise taxes on anyone, but no the only question was who would get the consumer's money the big banks or big box retailers.Quote
Originally posted by: Roulette ManQuote
Originally posted by: malibber
The latest spoils (Swipe Fees) have just gone to the big box retailers for those of you keeping score.
Let me get this straight. You are upset that a cap was put on banks charging swipe fees to merchants (which is passed on to the consumer)? I never knew you were a big defender of big banks mali.
Come on Mail, don't you remember that once a tax or fee is in place, it never goes away. It only gets larger. Kinda like that tax they repealed that was enacted to pay for the Spanish American War.......
Really Tony? You (all of us) are paying less in taxes NOW then in the Saint Reagan era. Don't let the facts get in the way of your arguments/political ideology my friend.
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You left out the good old "drinking the kool-aid"metaphor. Other wise i was about to have a change of mind.
J
