Another sign of the downfall of the US Dollar, page 2
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ATS Members have flagged this thread 2 times


reply posted on 7-10-2008 @ 05:29 PM by HighwayDrifter
reply to post by GradyPhilpott



I can agree with the day to day advantages of having the plastic. As a matter of fact, if I wouldn't have had the cash at hand, i'm sure I would've just jumped on the net and paid from the existing card. My ordeal is more along the lines of the extra 2.7% I had to pay (which obviously would fluctuate on certain people's bills). If I had a simple $40 dollar a month plan, thats a rediculous 12.5% for face time with someone that just has to punch some keys and click ok. Remember even though you have $10,000 in a bank account, its not only you that has it and access to it, but the bank is making a killing off the interest its making LOANING OUT YOUR MONEY. So in a sence a $1 in cash wont have the same value as $1 in a bank account. To you, yes, to the banking system there's a big difference.


reply posted on 7-10-2008 @ 08:50 PM by Rockpuck
reply to post by HighwayDrifter



Possible Law Suit.

It's illegal to deny the exchange for services in Legal Tender..

Unless explicitly stated in your contract.


reply posted on 7-10-2008 @ 09:38 PM by Rockpuck
reply to post by amatrine



The Gas Station and the McDonalds ALREADY PAY FOR YOU TO USE YOUR CREDIT CARD...

Ever wonder why they ask you "credit or debit"???

It's because when you use CREDIT the merchant has to pay a fee FOR YOU..

When you pay with a DEBIT card YOU pay the BANK a processing fee..

Amazes me so few people know why they ask you that.. now you know.. they are trying to save money.



reply posted on 7-10-2008 @ 11:39 PM by Illusionsaregrander
reply to post by GradyPhilpott



You are right, they are not all that cavalier with their customers yet. In an earlier post I suggested that one should abandon a company that was treating one in that fashion for one who did not. So I do recognize that they do not all currently think that way. I should have been careful to carry that distinction through all of my posts.

I do think that there is a danger of letting one company gain a financial edge by mistreating you without penalizing them for it. It tends to drive the competition in the same direction over time.

[edit on 7-10-2008 by Illusionsaregrander]
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