Debit Card Limits

Alex · 03-10-2011, 03:08 PM

I do want to be clear, I'm not saying congress was wrong to make these changes.

But even if these changes are the most morally correct thing ever done by our government it is irrational to expect businesses to provide exactly the same services when they're being forced to change the terms of those services.

That said, personally I support much of the new fee regulation, the sunshine parts of the regulation, but I think the interchange fee regulations are misguided. They don't do much directly for the consumer and mostly just shift the money from one set of corporations to another.

03-10-2011, 03:08 PM	#11
Alex . Join Date: Feb 2005 Posts: 13,354	I do want to be clear, I'm not saying congress was wrong to make these changes. But even if these changes are the most morally correct thing ever done by our government it is irrational to expect businesses to provide exactly the same services when they're being forced to change the terms of those services. That said, personally I support much of the new fee regulation, the sunshine parts of the regulation, but I think the interchange fee regulations are misguided. They don't do much directly for the consumer and mostly just shift the money from one set of corporations to another.
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