Monday, September 24, 2012

Thanks, Elizabeth Warren

The number of free checking accounts has fallen dramatically, according to a study by The group's senior financial analyst, Greg McBride, tells Joan Doniger that ATM fees and overdraft fees are reaching new record highs.

All because of Elizabeth Warren's insane Consumer Financial Protection Bureau and its insane new regulations.

Here is the propaganda at the CFPB web site:
The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products...Like a neighborhood cop on the beat, the CFPB supervises banks, credit unions, and other financial companies, and we will enforce Federal consumer financial laws.
You'll feel it in your pocketbook as to what the CFPB is really about.

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