4 ms·

You can't imagine a scenario where a responsible adult has had a checking account with a balance over $5000 for many years and has never run in to the charge fo

You can't imagine a scenario where a responsible adult has had a checking account with a balance over $5000 for many years and has never run in to the charge for dropping below that level, eventually forgetting about that $5 fee? Now if you managed to picture that and believe it's possible for a responsible adult to forget about an obscure fee his bank has never charged him before, try to imagine your home's AC goes out in the middle of August when it's 100 degrees out. Now you're stressed out but you've got enough money in checking to cover the replacement that day, so you call somebody out to replace it and schedule a transfer from savings the same day. Can you maybe see just a little how a mistake like that could happen to a responsible adult? Do you have every possible fee your bank charges committed to memory? And finally, are you trying to add anything to this discussion or just displaying your self-righteousness?

fredkbloggs 11y ago
I'm trying to provide something other than Progressivist claptrap, in the desperate hope that some young people will read this and understand that there's more than one viewpoint in the world, and that some of them actually treat people like human beings rather than victims. As for the substance of your complaint, I do not agree. Yes, I can certainly imagine various excuses. I can also imagine accepting that mistakes often have consequences, and that being $55 poorer is a rather modest one, all things considered. It's fine to curse a little and be upset. It's fine (good, even!) to change banks afterward. But the level of hatred and entitlement in this thread is simply not justified by the balance of behavior.
- themartorana 11y ago
  Sounds like what I assume bankers tell themselves to sleep at night. Ya know - they're adults that should have known better. $50 is a modest fee to charge for teaching them a lesson. They should thank me. If they just got a job and stopped being poor, they wouldn't be in this situation to begin with. Takers.
  - fredkbloggs 11y ago
    I doubt very much that they care enough to tell themselves anything, and I'm sure they don't lose any sleep over it. You're making this way too personal; they just want money. They don't care if you learned a lesson, if you're rich or poor, if you're a taker or a maker, or if you feel grateful or hateful. They care about their $50, because those fees are profits and profits keep them in the corner office where they can bilk the shareholders for hundreds of millions while paying squat for dividends. Nothing else.
    - rlucas 11y ago
      I assure you that a $37B (almost all of which is margin) LOB is quite sufficient cause for any number of bankers to lose sleep over. RTFA.
      - fredkbloggs 11y ago
        I did read it. I have no doubt they care a great deal about the $37B. I don't think they care in the slightest whether anyone likes their fees or feels harmed by them, and I certainly don't believe they're losing sleep over that. No doubt if one fee is regulated away, they'll simply replace it with another as they have many times before. RTFC.
- orangecat 11y ago
  I'm a libertarian and support free markets; please stop making us look bad. Reordering transactions to maximize fees is flat-out fraud. It's not anything any reasonable person would expect, even if it is detailed in a 6-point font on page 63 of the "contract".

fredkbloggs 11y ago

I'm trying to provide something other than Progressivist claptrap, in the desperate hope that some young people will read this and understand that there's more than one viewpoint in the world, and that some of them actually treat people like human beings rather than victims. As for the substance of your complaint, I do not agree. Yes, I can certainly imagine various excuses. I can also imagine accepting that mistakes often have consequences, and that being $55 poorer is a rather modest one, all things considered. It's fine to curse a little and be upset. It's fine (good, even!) to change banks afterward. But the level of hatred and entitlement in this thread is simply not justified by the balance of behavior.

themartorana 11y ago
Sounds like what I assume bankers tell themselves to sleep at night. Ya know - they're adults that should have known better. $50 is a modest fee to charge for teaching them a lesson. They should thank me. If they just got a job and stopped being poor, they wouldn't be in this situation to begin with. Takers.
- fredkbloggs 11y ago
  I doubt very much that they care enough to tell themselves anything, and I'm sure they don't lose any sleep over it. You're making this way too personal; they just want money. They don't care if you learned a lesson, if you're rich or poor, if you're a taker or a maker, or if you feel grateful or hateful. They care about their $50, because those fees are profits and profits keep them in the corner office where they can bilk the shareholders for hundreds of millions while paying squat for dividends. Nothing else.
  - rlucas 11y ago
    I assure you that a $37B (almost all of which is margin) LOB is quite sufficient cause for any number of bankers to lose sleep over. RTFA.
    - fredkbloggs 11y ago
      I did read it. I have no doubt they care a great deal about the $37B. I don't think they care in the slightest whether anyone likes their fees or feels harmed by them, and I certainly don't believe they're losing sleep over that. No doubt if one fee is regulated away, they'll simply replace it with another as they have many times before. RTFC.
orangecat 11y ago
I'm a libertarian and support free markets; please stop making us look bad. Reordering transactions to maximize fees is flat-out fraud. It's not anything any reasonable person would expect, even if it is detailed in a 6-point font on page 63 of the "contract".