beethoven said:http://www.youtube.com/watch?v=Icqrx0OimSs
hurleyjd said:What would happen if everyone that had a bank account or money in the bank, just checked it out and brought it home. Go cash on all transactions and ask for a deal. Last week I bought a set of tires, normally I use a credit card that pays automatically from my account. The owner told me if I paid with check then he would reduce bill by 5%. Yes tell the banks if you are not willing to pay me to use my money then I will take it home, or rent a box at the bank and put it in there.
hypocritexposer said:hurleyjd said:What would happen if everyone that had a bank account or money in the bank, just checked it out and brought it home. Go cash on all transactions and ask for a deal. Last week I bought a set of tires, normally I use a credit card that pays automatically from my account. The owner told me if I paid with check then he would reduce bill by 5%. Yes tell the banks if you are not willing to pay me to use my money then I will take it home, or rent a box at the bank and put it in there.
Yes the fees on credit card purchases are pretty expensive for companies. But the problem is not all banks. Deal with a local bank, instead of those that are members of the FED. But the FED. more or less determines monetary policy.
Local banks have been dropping like flies in the US, but the FED. members, after the bailouts etc, are once again profitable.
Just look at what has happened to the value of the USD since 1913. The FED. are robbing the taxpayer blind.
beethoven said:http://blogs.wsj.com/marketbeat/2010/11/22/warren-buffett-tax-me-more-please/?mod=e2tw
November 22, 2010, 10:00 AM ET.
Warren Buffett: Tax Me More, Please!
The Oracle is out banging the drum for higher taxes again, this time in an ABC interview expected to air on Nov. 28. “People at the high end, people like myself should be paying a lot more in taxes. We have it better than we’ve ever had it,” Buffett said in a snippet of the interview shown on Bloomie.
Buffett, who has long been identified with Democratic causes, seems to be stepping up his chatter on government issues lately, including penning an op-ed in the New York Times that served as a “thank you” note to Uncle Sam for springing into action during the worst of the financial crisis. Interestingly, the opinion piece appeared on the same day that Buffett received the Presidential Medal of Freedom, the highest civilian honor in the U.S.