🚀 go-pugleaf

"Scott in SoCal" <scottenaztlan@yahoo.com> wrote in message 
news:1op894dlug579ta3lscglk4evv7c9veoul@4ax.com...
> In message <betatron-E131E8.23284901082008@news.ftupet.com>, max
> <betatron@earthlink.net> wrote:
>
>>> The article mentioned one woman who made one $5 charge (basically a
>>> couple of rides on the "L") and ended up paying over $70 in fuckup
>>> fees. Now THAT is riding the ragged edge of financial disaster!
>>
>>So ultimately, it's okay to fuck these people over because they don't
>>have any money to begin with.   got it.
>
> Punitive fees are a standard method of training in our society. You
> violate the law while driving your car, you pay a fine. You pay your
> bills late, you get charged a late fee. You fail to properly manage
> your checking account and bounce a payment, you pay an NSF fee. For
> most people this is a learning experience: a little bit of pain
> teaches them to pay more attention and they at least TRY not to do it
> again.
>
> So basically what you call "fucking people over" is actually a
> valuable educational experience, one which I approve of 100%.


Banks are not trying to "train" depositers to avoid OD'ing - this would be 
silly for the banks to do as OD fees are a huge revenue source.

This is a method of redistributing wealth from those who either don't know 
how to manage money or don't know how to save and grow money to those that 
do.

But I do approve of that 100% :)