Dick Durbin LOVES $60 fees!
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Uploaded by aimaccuracy on Oct 5, 2011
Bad economic policies have consequences. Senator Dick Durbin thought the big greedy banks were making too much money and regulated their profits. Our President, eager to jump on the 'Government Knows Best' bandwagon offered his support and signature to the Dodd-Frank Bill.
Accuracy in Media's Ben Johnson teamed up with Let Freedom Ring to find out what happens when banks are forced to comply with government price controls. Just as predicted, the customer gets a shake down.
http://www.aim.org
- 80 likes, 17 dislikes
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Top Comments
All Comments (56)
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@2002lees It would be even better if I could choose to use a debit card withouth extra charges to a corrupt government. In "Socialist norway" I enjoy my debit card without any fees. Only having my money in their bank, not someone elses.
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@ghostRs1 At this point, the vast majority of them are bought and paid for, sad as it is.
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Google... "Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress"
Our banks aren't profitable, its all smoke and mirrors, and so is the Banker Party ( Democrats & Republicans ) !!! Our economy has been in a steady but hidden collapse for years and the American people are just finding out.
There is one man in Congress that has been trying to warn us for 30 years as it spiraled out of control, but no one listened and now it might be too late. We're listening now Ron Paul.
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@gardnerbm Intell it burns up
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Just put your money under the mattress, it never charges a fee
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Who is John Galt?
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Who is John Galt?
Transfer funds to credit unions or small local banks today, tomorrow at the latest
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ok these people just like to give the wrong info to the people.
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Bank of America has cancelled its plan to implement this fee. Looks like they were never "forced" to do it after all.
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It's Not "paying a fee to use our own money" . It's paying a fee to use your money with a debit card service. ..... a service that does not run without costs , it's only automated on your end.
Free yourself, pay cash. If you like the convienence of the debit card......YOU pay the cost , not the merchants ,, not people who don't use debit cards
2002lees 4 months ago 10
Ron Paul anyone? Anyone? LOL! Yeah, let's nominate a candidate who has THOUSANDS in campaign finance from Lehman Bros, Citigroup, Credite Suisse, etc etc!!!! (And for those who have not been paying attention, that is Romney I am talking about!) OR we can elect again the president who has done NONE of what he promised us….Or maybe Cain, the former Fed Chairman!! Yeah, HE's a great choice for finance reform. GOOD GOD PEOPLE, wake up and google RON PAUL! Please!!!!
ONLYRonPaul1 4 months ago 4