Democrats Kill Free Checking Accounts

Democrats, devoid of basic economic sense, continue to screw consumers with laws against business with very foreseeable consequences. Case in point: banks now are getting rid of free checking accounts.

Why?

Well, banks have been giving free checking accounts, but then charging irresponsible check holders overdraft fees for drawing more money out their accounts than is there.

In other words, only the spendthrifts pay.

But Congress now says banks cannot charge overdraft fees without first getting ...

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Published on June 18, 2010 06:56
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