BofA, other banks drop plans for $5 Debit fees (world, Washington, business)

[chielgirl]

Originally Posted by SamBarrow

And customers' social activism fits perfectly within a free market. Nobody has a problem with that. It's the legislation.

I guess you missed all of the threads damning the OWS and social activism.
I could direct you to over a dozen threads if you're so inclined to let me assist you...

[VTHokieFan]

Originally Posted by EinsteinsGhost

The same place where they look for profits, golden parachutes and massive bonuses... you.

So you think they will take a profit cut, or do you think they'll lower interest rates even more on savings to recoup the costs?

[EinsteinsGhost]

Originally Posted by VTHokieFan

So you think they will take a profit cut, or do you think they'll lower interest rates even more on savings to recoup the costs?

So you believe that you have control of how much they get out of you?

[nightflight]

Originally Posted by Gurbie

Banks change rapatious habits because of popular revolt

All you go-it-alone Ayn Randists, here is evidence that determined social activism, as we're seeing the beginnings of on a MASSIVE world-wide scale, can effect the behavior of huge corporations, even if our elected representatives are too corrupt or too scared to help.

There is POWER in a union (and 99% of us are in the same union )

Bank of America drops debit card fee - The Washington Post

Do you really think the costs won't be passed on some other way?


Really?

[renault]

Originally Posted by Gurbie

Banks change rapatious habits because of popular revolt

But what's to stop them from trying again a few months later when people have moved on to other things and apathy sets in again? Or maybe they'll try a smaller fee and gradually increase it over a few months until it reaches $5?

We must always be vigilant against big banks and their greedy ways.

http://moveyourmoneyproject.org/

[VTHokieFan]

Originally Posted by EinsteinsGhost

So you believe that you have control of how much they get out of you?

Yes. You can go to a different bank. Vote with your feet.

[rw47]

Originally Posted by chielgirl

I guess you missed all of the threads damning the OWS and social activism.
I could direct you to over a dozen threads if you're so inclined to let me assist you...

The two have nothing to do with each other. I'm talking about social activism as the OP referred to it; the type of social activism where people take their business elsewhere. You know, competition? That's about as free market as it gets.

[EinsteinsGhost]

Originally Posted by VTHokieFan

Yes. You can go to a different bank. Vote with your feet.

I did, a long time ago. See, I've not been the one complaining about such things. People like you have been overflowing with emotions, for these banks, however.

[Darkatt]

Fastest 200$ I made in a long time. Their stock dropped, I bought some, it went back up, and I sold it.. Now all I have to do is wait till the NEXT stupid announcement of theirs!

[Icy Tea]

Now the next time the government wants a tax increase or a plan nobody likes, we just have to get tough with them the same way.