Reply To: Debit Card Danger

ronrsr-

It sounds like you’ve been given a great opportunity to teach your stepson about:

-The importance of reading the fine print in an agreement.

-The importance of staying right on top of your finances.

-The need for regulation and government oversight of industry (specifically banking in this case), to protect consumers from predatory tactics.

-Methods corporations can (and do) use to take advantage of both their customers and their employees while staying with the boundaries of the law (Why are so many credit card companies located in Delaware? Who were the robber barons? Why do American companies have overseas factories produce their goods without adequate workplace safety and child labor laws?)

P.S.

The govt. is just as sneaky with its imposition of direct and indirect taxes.