Article View: pdx.general
Article #413Re: Gasoline Riots in Iran
From: fact check local 225
Date: Sat, 30 Jun 2007 04:55
Date: Sat, 30 Jun 2007 04:55
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3588 bytes
Larry in AZ wrote: > Waiving the right to remain silent, fact check local 225 <hoff@cem.ent> > said: > >> Gatt wrote: >> >>> If you want to avoid paying a bank 17%, don't be a dumbass. Avoid >>> banks. >> I think this particular gatt-ism stands on its own. >> >> One doesn't "pay a bank" 17%, in fact that likely would be a high rent >> credit card that gets said vig. >> >> But indeed the net profit margin on banking IS 17%. > > Banks traditionally made their money on the "spread," which is the > difference between what they pay depositors for account interest and the > interest they charge borrowers on various loans. Fact. > A generation or so ago, they paid as much as 5 percent on simple passbook > accounts, and charged around 6 percent on loans. The spread of a measley > 1 percent made banks a lot of money. Bankers were never poor. Volume is profit. > Now, you'll get perhaps 1 percent on a passbook, and pay as much 20-30 > percent on their credit cards. > > And Congress has been a party to all of it... All true, and all "legal". Banks need some more competition. Wal Mart has made such a move....not well received...and we know how liberals hate them... Funny...given THEY would be the competition. Oh, did I mention they want to make a move on general minor level health care too? For shame! To think that these Satanic profit merchants might deliver banking and health care at a lower cost price point is SCANDALOUS! Onward, Sancho!
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X-Google-Thread: 1128d6,da8238f5409364a4 X-Google-Thread: 111a85,da8238f5409364a4 X-Google-Thread: 106d8d,da8238f5409364a4 X-Google-Thread: fca2b,da8238f5409364a4 X-Google-Attributes: gid1128d6,gid111a85,gid106d8d,gidfca2b,public,usenet X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news1.google.com!news4.google.com!out01a.usenetserver.com!news.usenetserver.com!in04.usenetserver.com!news.usenetserver.com!news-in-02.newsfeed.easynews.com!easynews.com!easynews!easynews-local!fe08.news.easynews.com.POSTED!not-for-mail From: fact check local 225 <hoff@cem.ent> User-Agent: Thunderbird 1.5.0.12 (Windows/20070509) MIME-Version: 1.0 Newsgroups: pdx.general,or.politics,seattle.politics,az.politics Subject: Re: Gasoline Riots in Iran References: <135unbrd97rpea3@corp.supernews.com> <22760-4669BA15-1752@storefull-3232.bay.webtv.net> <1182838544.431131.136750@q75g2000hsh.googlegroups.com> <1182845199.541167.288000@e9g2000prf.googlegroups.com> <1183046704.783879.149980@q75g2000hsh.googlegroups.com> <1183053779.566175.297500@o61g2000hsh.googlegroups.com> <13880n7r1d4dub9@corp.supernews.com> <d61883p3ij77orcl0t02ibl5qk3jbktjt4@4ax.com> <Xns995D8A0A211B1thefrogprince@69.28.173.184> <vOydnRn7VbWwsxnbnZ2dnUVZ_uvinZ2d@comcast.com> <eIqdnYkIGKHnDBnbnZ2dnUVZ_ozinZ2d@comcast.com> <0pSdnWlQ6d-30xjbnZ2dnUVZ_jKdnZ2d@comcast.com> <Xns995E894392FD8thefrogprince@69.28.173.184> <138arkiq552ujbe@corp.supernews.com> <bIfhi.34$bh5.25@trndny01> <138b4026dn8f0f6@corp.supernews.com> <7qkhi.447444$3h2.292185@fe08.news.easynews.com> <Xns995EDD7E11B51thefrogprince@69.28.173.184> In-Reply-To: <Xns995EDD7E11B51thefrogprince@69.28.173.184> Content-Type: text/plain; charset=ISO-8859-1; format=flowed Content-Transfer-Encoding: 7bit Lines: 50 Message-ID: <Ymlhi.449651$3h2.284441@fe08.news.easynews.com> X-Complaints-To: abuse@easynews.com Organization: EasyNews, UseNet made Easy! X-Complaints-Info: Please be sure to forward a copy of ALL headers otherwise we will be unable to process your complaint properly. Date: Sat, 30 Jun 2007 04:55:20 GMT