Dick Durbin Lambasts Mastercard And Visa For Having A ‘Strangle Hold On The Market’

[@rlmiller007]

Remember, both companies have Joe Biden as an ally.

[@kathleenorourke1009]

As I recall Senator Joe Biden/VP Joe Biden is the person to push for credit card interest increases and fees?

[@granti9546]

Stop rearranging chairs on the Titanic. Stop government spending from fed printed money.

[@RamblingRodeo]

Because you and the REST of congress allowed to do so.... DONT act like you are innocent in all of this, you have allowed for monopolies....

[@davidsaviano9012]

THIS is why we should always try to use cash. Also, the government can’t track your cash purchases.

[@purplestareye]

Right Durbin! Please...dont patronize us! We know where you stand!

[@ldhross]

This guy has the perfect first name.

[@pamsauder668]

During Covid, businesses didn’t want to operate with cash, they pushed using credit cards

[@williegrant3054]

THEY HAD A PLAN!

[@mnkeeme]

Go back to cash. And saving money first before we buy. No fees.

[@williegrant3054]

EXACTLY! That is the Reason they’re PUSHING FOR PLASTIC

[@Nsx234]

Use CASH / DEBIT CARD WHENEVER POSSIBLE!!!

[@VictoriaHeilman-mo3qb]

always

[@solice8844]

Actual bipartisan Congressional action to help the public is so rare.

[@USGolfChamp]

It’s called free enterprise. When another card company comes along with a really good product, they will get their share of the market.

[@bills6946]

Come January, Dick Durbin and his ilk will no longer be committee chairmen, thankfully.

[@leahpeleah1394]

It rips people off

[@williegrant3054]

HARD WORKING PEOPLE

[@bllasae]

Make your own credit card company then, Dick. DickCard.

[@johnhunt9674]

imagine being that naive thinking "just make your own credit card company"😂😂😂

[@bllasae]

@@johnhunt9674 😂😂😂

[@NinJin-619]

😂😂😂😂

[@joelsys_75]

Dick.....Don't forget about the contribution to the high inflation that your out of control spending. The Inflation Reduction Act.

[@susancurtis2645]

What ever happened to the "loan shark" rates? Used to be a cap on interest citing loan shark rates, aka ripping people off.

[@loum5143]

The problem is WTF is the Govt going to do about it?Talk all day about how bad it is and do NOTHING 🤡

[@tristenklein5940]

This is pure political posturing so they can use it to justify aka propagandize the masses to hand over their privacy rights to big government and force digital currencies onto the people.. These greedy politicians only care about their wealth and power and everything they do is designed to build both for control over the masses.

[@bayoumeme7743]

I look for stores that offer a cash discount when paying our tab. We can get up to 4% off the bill when using cash. Also, some restaurants charge a fee for using a credit card. Some as high as $10.00

[@davidanderson2973]

AND they add a Transaction Fee Onto Your Bill, Without Asking IF You Are Using Card or Cash, So Beware If/ When You Pay Cash !! I made Them Remove That Fee, When I Was Paying by Cash. I also Gave a Waitress a Larger Tip, When She Said, "I need to Remove Fee " when I Started to Pay with Cash.

[@earleenthomas2572]

So what we have is vendors charging their customers for these fees now, which encourages cash. Wait…aren’t they trying to get rid of cash?! 🤦‍♀️. Regular folks pay while these machines es grow wealth.

[@williegrant3054]

EXACTLY

[@yellowlab5624]

Durbin has the correct first name!

[@pascalouellette8516]

First ever time we can agree with Durbin...

[@DadHominem]

Durbin has been in office since 1997, and he's just now seeing the power and influence of members of the finance industry? What???

[@joann9575]

This how they get you, Careful using these credit cards you'll be in debt for a long time never get out of it..smh..

[@williegrant3054]

💯 EXACTLY

[@MrMcgooOG]

Didn't we hear this about debit cards. And no savings

[@theresasimmons9007]

Retailers do not even want to accept cards, and no wonder.. It should be against the law.

[@simonguerrero6310]

💰💰💰💰 😎🇺🇸 Fix it Thank you!

[@rewoprewolf4844]

Dick Durbin is not your friend. He is trying to help Walmart eliminate rewards on cards.... .In my opinion.

[@DuaneK-us2pv]

Kirkland's arguments highlight the importance of distinguishing between natural persons and corporations/non-living entities when applying Article 6, Paragraph 2. This distinction is crucial in ensuring that the rights and dignity of human beings are protected, while also recognizing that corporations and other non-living entities do not possess the same inherent rights and dignity. By emphasizing this distinction, Kirkland's arguments serve as a reminder that the protections guaranteed by Article 6, Paragraph 2 are intended to safeguard the inherent rights and dignity of human beings, rather than artificial entities created by law. In the context of the trial, Kirkland's arguments encourage the jury to carefully consider the evidence presented and to apply the principles of Article 6, Paragraph 2 in a manner that upholds the rights and dignity of human beings. By doing so, the jury can ensure that justice is served and that the inherent rights and dignity of human beings are protected.

[@mistyblue2985]

The credit card companies refused me on every issue to get a grip on the balance...paid one day late, my only option... and they wouldn't give a 1 day forgiveness. So with 30% interest and $40 late fees...I simply had to stop paying.

[@TC-qd1zw]

He helped create the rules ti make it as such.

[@DuaneK-us2pv]

No More robbing the branches purse 👜👜

[@randiclark1]

They send high school students applications - and approval rate is near 💯

[@xnbk-yotiex5247]

The real question no one has asked is…. What’s in it for the government?

[@DuaneK-us2pv]

Excessive charges legal bill of attainer shut him down article 1 9 and 10 illegal bill of attainer go after them . International fees.

[@DuaneK-us2pv]

No more Robbing the branches purse

[@kimcatiller3416]

The interest rate is always going higher and I have a decent score and most the cards they are offering to people these days have a 39.9 % interest rate. We the people have got say No More.

[@dennispeyton6540]

Dick Durban is out of touch. He voted for what he’s complaining about. Do something about it instead of grandstanding. Joe Biden represented MBNA who charge outrageous interest rates. Where has he been all these years?

[@ladywolverine1828]

Durbin is sweating bullets....😂😂😂

[@williegrant3054]

That’s Great He Acknowledged the guy ( Dan Swanson) Put Him on to What was GOING ON! Look at that Vice President ELECT J. D. Vance HAVEN’T yet been Sworn in and HE IS ALREADY WORKING for the Betterment of the COUNTRY 🎉🎉🎉🎉🎉

[@johnny316b]

WHO LET THEM ?

[@DuaneK-us2pv]

Kirkland's arguments highlight the importance of distinguishing between natural persons and corporations/non-living entities when applying Article 6, Paragraph 2. This distinction is crucial in ensuring that the rights and dignity of human beings are protected, while also recognizing that corporations and other non-living entities do not possess the same inherent rights and dignity. By emphasizing this distinction, Kirkland's arguments serve as a reminder that the protections guaranteed by Article 6, Paragraph 2 are intended to safeguard the inherent rights and dignity of human beings, rather than artificial entities created by law. In the context of the trial, Kirkland's arguments encourage the jury to carefully consider the evidence presented and to apply the principles of Article 6, Paragraph 2 in a manner that upholds the rights and dignity of human beings. By doing so, the jury can ensure that justice is served and that the inherent rights and dignity of human beings are protected.

[@sisipiohamilton2286]

FOLLOW THE MONEY>>>>>>>>

[@stevecable7752]

My problem with credit cards is their phone banks. I am so tired of trying to understand the Hindus.

[@SimonPagano-k1c]

Appreciate the detailed breakdown! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

[@billlamb3842]

Durbin is showboating! He knows were the darkroom money is coming from and he isn't going to rock that money cow!!

[@Brad-y9n]

Their is a shirt that has 3 turtles one of the turtles has a mans head and arms. It seems that the choice is a man in a turttle schelle. What does that shirt represent?

[@allanmccullough8550]

I like getting my 2% cash back on my purchases but Dick Durbin want's to put an end to that.

[@sevenRyeh]

What do I know I just have to have it but there is 2 other things missing

[@juliannakelly1046]

Lol, how is it their fault. By the way, why isn't American Express and Discover listed here.

[@simonguerrero6310]

Was it when Obama had his administration .😎🇺🇸

[@jacobdeem8499]

But he’ll take their check you bet your ass

[@susanwilliams3483]

Credit cards need to be reigned in!

[@jamesrobb4928]

Go back to cash people. Get armed, get trained, carry everyday and carry cash.

[@Deacon_T]

Get a Discover card.

[@Brad-y9n]

My bank accounts have been broken into. But i have a feeling this doesnt have anything to do with the virious in my phone thats taking from my checking account. Cause their only taking small amounts at a time

[@jimdavis6833]

Durbin just loves to pat himself on the back.

[@maryfox7440]

He's a phony.....

[@Brad-y9n]

It has something to due with high tech technology.

[@edmorse3529]

Cash only then

[@TomEdwardi]

!!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

[@BensonTati]

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[@BensonTati]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@FederickLeo]

Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

[@TomEdwardi]

how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?

[@FederickLeo]

look up her name on the web for her website.

[@edmorse3529]

And what are you going to do about it?