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Old 09-30-2011, 08:38 AM  
sperbonzo
I'd rather be on my boat.
 
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Join Date: May 2003
Location: Miami, FL
Posts: 9,743
Everyone in the card industry knew that this would happen when Dick Durban wrote this bill. Every time the government gets involved like this it almost always turns out badly. Price fixing always results in either higher prices elsewhere in the chain, or reduction in service, supply and choices. it happens every time, but politicians just can't stop themselves from trying to get re-elected by appearing that they are "controlling prices", instead of letting people's freedom of choice take care of it instead.

They will never learn.


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Michael Sperber / Acella Financial LLC/ Online Payment Processing

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