WideAwakeNC
90p7 comments posted · 0 followers · following 0
28 weeks ago @ Big Government - #OccupyDenver Elects D... · 0 replies · +10 points
30 weeks ago @ Big Government - #OccupyMilwaukee Prote... · 0 replies · +16 points
33 weeks ago @ Big Government - Slander of Tea Party C... · 0 replies · +11 points
Why don't we see a #OccupyHollywood movement to protest Hollywood's excesses (lust, sloth, extravagance) in the same manner as the Wall St protests? Oh, I forgot, because they're libs they get a free pass.
34 weeks ago @ Big Government - Push to Regulate Debit... · 2 replies · +3 points
It is unfair to say that the credit card company "does nothing". Perhaps you would rather build your own international payments network from scratch? Also as a small business owner who accepts cards, you made a choice to accept cards, presumably based on cost/benefit analysis that the revenue you would gain exceeds the swipe cost. How much *less* revenue would your business generate if you didn't accept Visa/Mastercard? I suspect quite a bit more than the $50K you cited.
If swipe fees are really that burdensome, the free market ensures that someone will build a better mousetrap to deliver a cheaper solution. PayPal is a classic example. The real problem is governmental interference in the free market. The Durbin amendment to Dodd-Frank basically stole a huge income source from banks. I can't fault the banks for trying to find a substitute source of revenue to make up for what was taken away.
As a business owner, you wouldn't merely roll over if your suppliers jacked up the cost of your goods. Why would we expect the banks to.
Codito Ergo Sum.
"I code, therefore I am"
34 weeks ago @ Big Government - Exclusive Interview: ... · 0 replies · +30 points
34 weeks ago @ Big Government - BREAKING: Herman Cain ... · 0 replies · +10 points
35 weeks ago @ Big Government - Class Warfare and Pres... · 0 replies · +8 points
AMEN! As long as there exists a huge portion of the population who expects a free ride, and has been conditioned by the MSM and the Dims that they "deserve" the free ride, things will never get better.
Just wait until the producers "go Galt".
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