The problems started with government

Reader comment on: Limbaugh on Durbin, BAC

Submitted by fred Van Bennekom (United States), Oct 5, 2011 19:16

If Senator Durbin really wanted to help free market processes, he wouldn't have tried to limit swipe fees. Instead, he could have worked to make it legal for companies to discriminate based on method of payment. Gas stations can give cash discounts (which really means the swipe fee cost is passed onto consumers). So, let companies charge more if consumers want to use a debit (or credit) card.

Now that would screw BoA -- using the power of the market.

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Other reader comments on this item

Title By Date
It's time for Change, No really this time!!!! [29 words]Steven AnthonyOct 5, 2011 19:30
⇒ The problems started with government [80 words]fred Van BennekomOct 5, 2011 19:16
BAC should receive a presidential medal of honor [406 words]Joe LaVignaOct 5, 2011 19:01
Not the first time [40 words]Jerry SkurnikOct 5, 2011 17:17
Our so called Stupid Representatives [50 words]H Lee DyeOct 4, 2011 19:21

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