Are you all sideways, like so many others, over Bank of America charging $5 a month for your debit card? Will you join Michael Moore, Susan Sarandon and the George Soros bunch (my the hypocrisy) and protest capitalism and the “rich”…

Does The Durbin Amendment ring any bells? This was an add-on to Dodd-Frank (financial reg reform) that cut debit card swipe fees, paid by retailers, in half… Oh this was going to save the consumer some real moolah – as Walmart, etc. would surely pass those savings onto the customer…

Didn’t we (those of us with a little experience) tell ya that ultimately the consumer pays for everything? That by the government picking winners and losers – in this case retailers over banks – that ultimately we all become losers? Well that’s how it works folks… If you’re angry at Bank of America over the debit card fee, over it trying to recoup the $2 billion the government just erased from its income statement and added to the retailers, you are sorely misplacing your anger… You’re taking the bait my friend…

God forbid we should blame government for the 9% unemployment rate… No no it’s the Chinese, it’s the Banks… So let’s do this: Let’s Smoot-Holly (tariffs of The Great Depression [that’s right – The Great Depression]) China and Dodd-Frank the financial sector: And let’s pray that when our great great grandkids are looking back 80 years hence they don’t say “look at what the China Currency Act and Dodd-Frank did “to” (not “for” I assure you) the economy way back in the early 2000s”….