(PS: If you haven't switched to a Credit Union, better do so now!!)
September 30, 2011
Banks Raise Fees on Same People Who Bailed Out Their Asses
Introduce New ‘Thank You’ Fee on Debit Cards
NEW YORK – The largest banks in the US made history today by hiking fees on the same people who bailed out their asses three years ago.
“We would not exist today without the generosity of the American taxpayers,” said CEO Brian Moynihan of Bank of America, which received billions of dollars of Federal bailout money. “And we want to thank them by assessing a special monthly ‘thank you’ fee on all of our debit cards.”
Becoming emotional, Mr. Moynihan added, “We think of the taxpayers every time we vacation on our yachts or visit our third homes, and we want them to think of us every time they try to spend $20 on groceries.”
Mr. Moynihan said that even after paying the new $5 monthly fee, "American taxpayers should still have enough money left over to let them eat cake."
In other news, CNN announced today that it plans to start covering the mass protests on Wall Street in lower Manhattan “as soon as the Michael Jackson trial is over.”
And Republican presidential candidate Rick Perry today blasted President Obama’s decision to kill a terrorist in Yemen: “There are plenty of perfectly good people to execute right here in America.”