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Article #9103

Re: How Does This Happen?

#9103
From: krw
Date: Sat, 02 Aug 2008 21:52
36 lines
2582 bytes
In article <betatron-312E2F.23274701082008@news.ftupet.com>, 
betatron@earthlink.net says...
> In article <eji79492etbj5iod9rjhoo5kqvk8k9lv0g@4ax.com>,
>  Scott in SoCal <scottenaztlan@yahoo.com> wrote:
> 
> > In message <betatron-39FB66.17124801082008@news.ftupet.com>, max
> > <betatron@earthlink.net> wrote:
> > 
> > >In article <f96694ppkcmvg7odukod76rphdfsptfot0@4ax.com>,
> > > Scott in SoCal <scottenaztlan@yahoo.com> wrote:
> > >
> > >> Observation #2: One has to live on the ragged edge of financial
> > >> disaster - literally paycheck-to-paycheck - for this to ever become an
> > >> issue.
> > >
> > >A great many people live like that, and let us collectively count our 
> > >blessings that we ain't them.
> > >
> > >This stuff  [overdrafting], and the like falls under the business model 
> > >of Profit By Gotcha!       I don't like it. it's not honest.
> > 
> > It's just another Moron Tax, like lottery tickets and cigarettes.
> 
> Lotto and smokes are pretty well understood, and they are classic -- 
> biblical-style vices.   
> 
> You can't realistically compare cigarette fees to the ODP scam. Smoke 
> taxes are pretty up front.  90% of consumers have no idea how the ODP 
> scam works, because the banks out and out lie about it.

Only 10% of the people know they can't spend money they don't have?  
I think you exaggerate.


-- 
Keith
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From: krw <krw@att.bizzzzzzzzzz>
Newsgroups: misc.consumers,chi.general
Subject: Re: How Does This Happen?
Date: Sat, 2 Aug 2008 17:52:25 -0400
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References: <ko35949b1nba66qgk3hjg024brcr26vdgu@4ax.com> <betatron-825614.02261901082008@news.ftupet.com> <f96694ppkcmvg7odukod76rphdfsptfot0@4ax.com> <betatron-39FB66.17124801082008@news.ftupet.com> <eji79492etbj5iod9rjhoo5kqvk8k9lv0g@4ax.com> <betatron-312E2F.23274701082008@news.ftupet.com>
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