their obnoxious fees, cut down on the interest rates they add on us tax payers, and simply do it to say: "Hey, thanks for bailing us out."Answer Question
Asked by Anonymous at 10:35 AM on Apr. 8, 2009 in Politics & Current Events
Answer by smalltowngal at 10:43 AM on Apr. 8, 2009
My MIL who was a VP at Bank of A. Levy at the time told dh, before I met him, "Deregulation will destroy the financial industry". She is a very smart lady.
My dad put it like this, deregulation is like taking out all the stop lights/signs and expecting traffic to run smoothly. Sure, some will do the right thing but way too many won't.
Answer by Anonymous at 10:48 AM on Apr. 8, 2009
Find a different bank. I pay no fees on my accounts. I am annoyed that Obama wants to tax me more heavily because we do well. We already pay in over 35 percent after Federal, State, City, FICA, State Disability and Social Security. Add the money we spend on taxes for utilities and anything we buy we are giving much more than 30 percent of our hard earned money to taxes. The banks are the least of my worries since I choose my bank and chose one that does not charge me a thing unless I do something stupid and spend more than I have. I have never done that but many do then get mad at the bank.
Answer by Anonymous at 10:54 AM on Apr. 8, 2009
Answer by Lindalu2 at 11:08 AM on Apr. 8, 2009
Answer by Cavalrybaby02 at 11:17 AM on Apr. 8, 2009
Answer by LoriKeet at 11:33 AM on Apr. 8, 2009
Answer by lovinangels at 11:45 AM on Apr. 8, 2009
Answer by stacymomof2 at 11:52 AM on Apr. 8, 2009
Answer by kaycee14 at 11:58 AM on Apr. 8, 2009
Answer by mancosmomma at 12:12 PM on Apr. 8, 2009