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Originally Posted by phypon
I understand what you are saying and I agree with that 90% of the time or better. The thing I have a problem with is when one company's unfair policies affect several others down the line. Card A affects card B and that in turn hurts my business and also affects the chain in which my business relies on.
Consumer's have rights too and I need consumers. With almost all "things", there are lines drawn in the sand. I think that line has been crossed for some time now and it's time to correct that. The bottom line is that the CC's are hurting everyone, including themselves (as one poster mentioned), in the process.
I don't want to see the gov. stick it's hand into how businesses operate, but if a segment of business can have such a ripple effect due to it's underhanded policies, I think something should be done. To me, intervening in this situation is as allowable as intervening with a monopoly that gouges, etc...
But again, I understand your point and agree with it (for the most part). I just see this instance as an instance that warrants action.
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If the policies of the credit card companies are hurting their own company they will change them. Because like you said they are hurting the customers and that means fewer customers. This would all sort it self out without the government stepping in. It would have to.
Snake likes to grandstand. I dont believe anything he said about my opinions.
He stated things where the government might want to step in. Credit cards are not killing anyone and credit cards are NOT NEEDED.