Quote Originally Posted by green91 View Post
Why? Because people don't read the terms of their checking accounts when they sign up? Or because they don't ask questions when opening new accounts? Banks cannot charge fees that were not disclosed to the customer.
Since you couldn't comprehend my post with me including the quotes I will break it down for you. The person above you made a comment about the Federal Reserve regulating banks. Judging by the use of the word "Great" at the end combined with recent events involving government intervention there is an implied sarcasm. You quoted that with "bingo" meaning you agree with what was posted. I then proceeded to tell you both that you need to learn what the role of the Federal Reserve is in order to make an educated post. Since you have now failed twice I will spare you a third failure.

The Federal Reserve was formed as a central banking system in response to numerous issues with banks around the country. In short the job of the Federal Reserve IS to regulate banks. Therefore sarcasm should not have been used because the Federal Reserve is doing the job it was created for.