Why blame Dodd and Frank and not just the banks?

You folks are at the wrong bank. My banks pays ME to use my debit card. As long as you use it 10 times per month, you earn almost triple the interest that you do on savings accounts (up to $25K).

Tell your bank how you feel with your feet. Walk away.

Now, on to the socialists Dodd & Frank. Can we please implement some term limits in this country? These 2 crooked clowns are textbook examples of exactly why we need them. Their constant meddling in the private industry is hurting Americans and American businesses.

The $3.00 a month flat fee doesn't bother me.
The machinery must be expensive and I admit that I am spoiled-I love the convenience.

My bank doesn't have a charge either, and I was told they did not plan to. I called last week when I read of three banks that have the charge or will begin it soon. I like the convenience of my card, but I will go back to cash if need be...........

I hear that, Chillen.

"Why blame Dodd and Frank and not just the banks?"

And all you Democrats were so proud when they "punished" the banks with the Consumer Protection Act. Ha!

First, the Democrats pressure the banks to make mortgage loans to people who were not qualified to get them. And when that policy came to it's inevitable fruition and bad mortgage loans caused the banking industry to collapse, Dodd and Frank decided to try and take the heat off of their criminally poor oversight at Fannie and Freddie by demonizing the banks and "saving" the American consumer with their Consumer Protection Act. Well, as usual, the anti-business Democrat policies of class warfare only served to cost American consumers more money. Please notice that in all of that boilerplate mumbo jumbo of the Consumer Protection Act there is nothing that kept the banks from charging us more money for the things we used to get free. There was NO consumer protection in the Consumer Protection Act. And who did Dodd and Frank hurt the most with their Consumer Protection Act? Probably the people who could least afford another fee.....AS USUAL. And, oh by the way, my guess is that the cost of even having a checking account will soon go up too. When will people learn that the cost of any regulation you put on a business gets passed down and paid for by the consumer. Blaming the banks for this is like blaming the phone companies for raising your phone bill when the government made them collect 3 or 4 "fees" for each phone line. And for all of those class warfare Democrats clamoring for the government to raise taxes on corporations.....who do you think will pay those taxes? It won't be the corporations I assure you.

It amazes me that half of the people support these idiotic policies, either thinking that they will "punish the rich" or that they will get more freebies. Funny how it never quite works out that way isn't it?

I agree with carcraft.