Obama & Dems Kill Free Checking

Discussion in 'Economy' started by CrusaderFrank, Jun 17, 2010.

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Democrat drive to bring the neck of the American economy under their jackboot claims another victim: free checking accounts.

    "End Is Seen to Free Checking

    Bank of America and other banks are preparing new fees on basic banking services as they try to replace revenue lost to regulatory rules, in a push that is expected to spell an end to free checking accounts for many Americans."

    End Seen to Free Checking - WSJ.com
     
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  2. WillowTree
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    WillowTree Diamond Member

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    way to go obie wan knownothing :clap2::clap2::clap2:
     
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  3. Nate
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    Nate VIP Member Supporting Member

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    Good lord! Guess Obama's setting up for his next book "How I destroyed Middle Class"
     
  4. masquerade
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    masquerade positivity

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    The offers of free checking without any minimum balance requirements attracted a new wave of low-income customers, who previously went to check-cashing stores. Some consumer advocates have warned that the elimination of free checking could drive some of those customers out of the banking system.

    Someone like my teenager who hopefully will be getting his first job soon.
     
  5. Claudette
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    Claudette Gold Member

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    Anything to screw us.

    Jeeze.
     
  6. PixieStix
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    PixieStix Coal Member Supporting Member

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    Over regulating anything is always going to cost us money. It is the way of government.

    Regulation= killing free market enterprise, and freedom to make money, and even to save money.

    Taking government bailouts will come back to bite us all. It is not complicated. I expected this, and will be looking for more costs for the consumer on every level
     
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  7. Baruch Menachem
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    Baruch Menachem '

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    They just want to feel good that they have stuck the evil bankers somehow. But it is the customers who will feel the pain
     
  8. Gatekeeper
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    Gatekeeper Senior Member

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    Does anyone notice that anything "OBIE" does will end up "Cost us LESS"?
    What a poster boy for a first class "F" UP!
    His definition of "less" means "More" along with most of whatever else he says or does. The ole 'good means bad, bad means good' nonsense.

    His pattern of leadership, if one can call it that, is a disgrace and the worse part of it is that many of the Political SHEEP (politicians) IN Washington. D.C. sit there and agree with this incompetent. Anyone here actually understand what Obamas REAL GOAL might be? For the lefties, don't bother answering, you would follow this 'butthead' into a woodchipping machine to defend this incompetent to the last second.

    Yes, cartoons do come true, this one, the names reversed, the results, aren't as good as the cartoon would be, Butthead and Bevis leadership, oh yeah! :clap2:
     
  9. Nate
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    Nate VIP Member Supporting Member

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    You can only blame his lack of experience so much. It seems to me that he is intentionally trying to bring the majority of U.S. citizens into the poor house, why? No idea. Hopefully come November the Senate will go through a serious house cleaning and we can get people in there to shoot down his destructive bills.
     
  10. sangha
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    sangha Senior Member

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    Conservative whiners must all be pretty poor if their balances don't get them free checking. Maybe if they got a real job
     

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