Comments on: Should the Government Control Bank ATM Fees? No! http://cynicsunlimited.com/2007/01/29/should-the-government-control-bank-atm-fees-no/ Dissecting What You Choose to Ignore Sun, 12 Feb 2012 05:44:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: abel http://cynicsunlimited.com/2007/01/29/should-the-government-control-bank-atm-fees-no/#comment-318 abel Tue, 18 Dec 2007 20:51:01 +0000 http://www.cynicsunlimited.com/2007/01/29/should-the-government-control-bank-atm-fees-no/#comment-318 my comment would be am kind writing a pargaraph a bout should tha bank contro the ATM machines so if you can u can give me more inforomation about it. pelece and thank you. my comment would be am kind writing a pargaraph a bout should tha bank contro the ATM machines so if you can u can give me more inforomation about it.

pelece and thank you.

]]> By: MrData http://cynicsunlimited.com/2007/01/29/should-the-government-control-bank-atm-fees-no/#comment-317 MrData Fri, 09 Mar 2007 06:27:56 +0000 http://www.cynicsunlimited.com/2007/01/29/should-the-government-control-bank-atm-fees-no/#comment-317 Listen, the banks make large profits, because they have eliminated people and replaced them with automation (ABMs' being only one example), also no free or blank checques, service fees for almost everything, low interest payments (eg RBG ofers 0.01 %, what is that an evil joke) They: in using automation, are forcing everyone who uses that bank to pay for their system automation , but they still manage to pay the execs well and to pay the tellers poorly (those that are left) They also seem to own the credit card industry in canada, but do not provide any real services for the usuarious interest charges of 7-20% on the unpaid balance per month, at 7% (7 x 12=60, above that is usuary, just like the payday loan companies do) If yopu have an unpaid balance owing of ebven 00.01 (1 cent), tha bank will charge the interest on the MAX balance in that month --they have alos shortened the float (number of days that you can owe the credit card before needing to zero it out to avoid these types of sneaky charge methods) So, no they don't deserve the profits, unless they start chopping at the top as much as they chopped at the bottom (tellers), and no i have never been a teller for any bank! Listen, the banks make large profits, because they have eliminated people and replaced them with automation (ABMs’ being only one example), also no free or blank checques, service fees for almost everything, low interest payments (eg RBG ofers 0.01 %, what is that an evil joke)
They: in using automation, are forcing everyone who uses that bank to pay for their system automation , but they still manage to pay the execs well and to pay the tellers poorly (those that are left)
They also seem to own the credit card industry in canada, but do not provide any real services for the usuarious interest charges of 7-20% on the unpaid balance per month, at 7% (7 x 12=60, above that is usuary, just like the payday loan companies do)
If yopu have an unpaid balance owing of ebven 00.01 (1 cent), tha bank will charge the interest on the MAX balance in that month
–they have alos shortened the float (number of days that you can owe the credit card before needing to zero it out to avoid these types of sneaky charge methods)

So, no they don’t deserve the profits, unless they start chopping at the top as much as they chopped at the bottom (tellers), and no i have never been a teller for any bank!

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