Obamacare has another casulty

[.blank cd]

What is so hard to believe about any regulation that costs a business money is simply passed onto consumers? This is no different than a roofer charging you for the shingles he is putting on your house.

Huh? This is called a materials charge. When you call a roofer and you want new shingles on your roof, they bring the shingles and you pay for them. This is how it works ALL of the time unless you bring your own shingles, which is sometimes more expensive.

Before Dodd-Frank the businesses were paying the complete costs for the convenience of you using your debit card. Now that Congress has determined what a bank if allowed to charge for their debit card service, and that charge doesnt cover their costs plus their profit, they are going to recoup those profits from their customers. You have a choice whether you want to pay that fee or not pay it. Dont use your debit card and you wont pay the fee.

Not using your debit card isn't an acceptable choice, it really isnt a choice period. Too many retailers are moving towards plastic, some towards plastic only. I walked into Apple with a fist full of cash for a 3GS and they wouldnt take it. Let's take your debit card away for a month and see how you fare. Would you use your credit card? Pay interest on a 20oz coke and dinner at Moes? Lol. Write checks? Withdrawl money from an ATM (remember, you cant use your card)? Dont forget, your paycheck is deposited directly into the bank, so you gotta get your money out somehow!

So since we know you're ok with banks not working and bolstering their multi-billion dollar profits on YOUR back, where does it end? What if they say "oh our profits are not enough, lets charge 10 bucks a month; thats not enough, lets charge 15, 20 bucks a month. You'd still be ok paying $240 a year to USE YOUR MONEY? (All the while they're ALREADY making money off of your money) or would you pull your money and stick it under your mattress, or in a credit union? Mind you this is only from policy change, not from them innovating anything, not from any hard work, this is stroke-of-the-pen profit increase.