Market-Ticker.org is one of my daily stops.
One of yesterday's posts, rendered to its core, is that overdraft fees, especially levied AT the ATM -- where the bank can obviously simply compare the amount being taken out versus the account balance and not allow the transaction -- are an intentional and unconscienable outrage.
Today may be a little over the top theatrically, but the outrage is genuine. I strongly urge the 3 or 4 minutes it might take to read it.
http://market-ticker.org/archives/1317-DAMNIT,-STOP-THE-LOOTING-NOW!.html
Regards,
Trond
Tuesday, August 11, 2009
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1 comment:
The problem is people are just stupid. The banks would not have been able to do any of what they did if people did something called MATH. Heck, even if they didn't understand math, with mortgage calculators out there, it would have been easy for someone to figure out what they could and could not afford.
I think that the problem is the stupidity of the American people.
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