Liberty Conspiracy 11-3-11 How A Politician Coerced a Bank to Charge Customers Debit Fees, Then Blamed the Bank
  • 04/11/2011
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Liberty Conspiracy 11-3-11 How A Politician Coerced a Bank to Charge Customers Debit Fees, Then Blamed the Bank

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Descripción de Liberty Conspiracy 11-3-11 How A Politician Coerced a Bank to Charge Customers Debit Fees, Then Blamed the Bank

It's a story you might not have seen in the pop media. Instead, you might have seen Illinois Senator Dick Durbin railing against Bank of America (we don't like BoA, but that's because, since 2008, the bank got $97 billion in tax money via the federal gubment) as he stood on the Senate floor and excoriated them for charging $5.00 per month for the use of their debit cards. What you didn't see was the REASON BoA instituted that fee. The reason? A regulation introduced by, yeah, you got it, DICK DURBIN, in late 2009, early 2010. El G Grande will tell you the story, and then derive a long-standing lesson about freedom to carry with ya after the show is over! Be Seeing You!

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media economics regulation goldsmith bank hawthorne boa libertarian cei debit durbin

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