D.C. will be outraged that banks are raising fees on hardworking Americans to make up for the expensive regulations placed on banks by D.C.
June 17, 2010
Headline:
The story:
Bank of America Corp. and other banks are preparing new fees on basic banking services as they try to replace revenue lost to regulatory rules, in a push that is expected to spell an end to free checking accounts for many Americans.
God bless our federal government. I feel very, very protected.
On the upside, this will give political speechwriters a chance to dust off all that ATM fee outrage they went through a few years ago. So that’ll be nice.
Via Memeorandum.
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