What? The Ohio Bankers' League (OBL) and Republican Steve Stivers (a former bank lobbyist), oppose an amendment to cut bank debit-card fees????!!!! Hmmm. Isn't it the goal of the OBL and bank lobbyists to protect bank profits?
In an article in the Dispatch, Rep. Mary Jo Kilroy (OH-15th-Democrat) notes her support for the amendment offered by Sen. Richard Durbin "....that would limit the interchange fees - currently between 1 percent and 2percent per purchase - to an amount "reasonable and proportional" to the actual cost of processing transactions. Durbin's amendment also would allow merchants to offer discounts for cash purchases and to refuse debit-card payments for small purchases.
Kilroy said she supports Durbin's amendment, although she said it might need to be tweaked to ensure passage....."
Those bankers and bank lobbyists don't want anyone eating away at their profits. How will they be able to pay for their memberships to country clubs and play golf at exclusive golf courses? OMG. Will these bankers and bank lobbyists be forced to give up their expensive wines and fancy dinners because their bonuses might disappear? Oh, the horror!
I'm all for businesses and banks making a profit, but not if regular citizens are victimized in the process. The Durbin amendment protects the public. The bankers and bank lobbyists are just trying to protect their obscene profits.
****** Speaking of profiting......
Apparently, John Kasich isn't so fond of LeBron James.
Cincinnati.com:
Gov. Ted Strickland wants LeBron James to stay in Cleveland. He even went to so far as to join a “We Are the World” type chorus, putting his request into song and video.
Republican John Kasich? Not so much, according to the Plain Dealer......
Kasich doesn't want Ohio to keep LeBron????
**** In 2002, John Kasich, spoke with a small group of Ohio State honors students where he pushed going to war against Iraq. Lantern:
Former U.S. Rep. John Kasich, R-Ohio, advocated using military force to end Saddam Hussein's rule in Iraq.
"We should go to war with Iraq," Kasich said.....
Kasich's neocon views did not sit well with many students who were opposed to the war.