[apillar]

Remember that bill the Dems passed last year that was going to sock it to those mean ole banks by limiting what they can charge for overdrafts and what conditions they can charge an overdraft, and banning overdrafts with debit cards unless a customer opts in.

Well this is the result, essentially those that never overdrafted their entire life are going to be subsidizing the check bouncers.

[mamelukesabre]

over draft protection. line of credit.

EVER HEARD OF IT??

[NohSpinZone]

[skr]

So that’s why my bank no longer had the small business free checking account it had about a week ago.

Thanks a lot, Congress; if I could maintain the minimum daily balance now required, my business would be doing just fine.

[samadams2000]

Bank of America is the Bank for Illegals in California.

[wjcsux]

B of A is the crappiest company on the planet.

[Extremely Extreme Extremist]

This is one of the many reasons why I use a credit union.

[Tzimisce]

America is in decline. There are too many STUPID PEOPLE.

After years of listening to whining and crying and complaining about ATM fees, the people doing all the bitching vote for the people bringing us this stuff.

And they’ll vote for it again, this Fall.

[rabscuttle385]

*Ping!*

[eyedigress]

I’m killing my savings accounts next week. My last statement will be with me. They will make them into one and very fluid. Bigger Fish to follow.

[JerseyHighlander]

This is a government mandated and government funded stealth inflation tax.

In the end though, if the 20 to 50 million Americans and non-Americans affected by this return to a cash based and prepaid credit card economy, it’s all the better towards the eventual collapse of the fiat currency tyranny in the country.

Historically, when nations put restrictions such as this on physical cash withdrawals from the banking system, it results in collapse of the currency, the government, and a debt jubilee.

That is, if the stupid fat Americans will get off the damn couch and take to the streets.

[peggybac]

2 words: Credit Union

[Vendome]

Who writes checks? I haven’t written one in years and wouldn’t know where to find my check book.

[gdzla]

And of course it will be the banks who will get the blame and be labled as “Greedy”.

[b4its2late]

We already raised our fees by 25% to make up for regs coming into effect next month.

[Junior_G]

I’m having a hard time mustering up any outrage over this one. Free checking was always just a means to get people into accounts with massive punitive overdraft penalties anyway.

[Wolfie]

Dang, if only we’d let the banks run amok until the nex bail out.