The $2.00 really dumb bet

The Virgin Credit Card, issued by Virgin Money...

Corporations are not people, but people are corporations and it appears a large number of people are just plain stupid. Witness Verizon’s attempt to charge $2.00 for paying your bill on line or via automatic credit card charge. Both methods improve a company’s cash flow,  payment collection and save administrative costs compared with processing checks or cash. In addition, Verizon and other corporations have been encouraging paperless transactions for years. Who told them to accept credit card payments in the first place, electric and gas utilities don’t.

While the $2.00 fee idea has been withdrawn, how dumb was it to create the flack in the first place in an anti business environment and when Americans are being continuously told how bad off they are in this economy.
Dumb, dumb, dumb.

4 comments

  1. You are soooo right,dumb and dumber. It’s like the Post Office charging 45 cents on Jan.22,2012. If you want to stay in business, lower your prices, don’t charge people more money.How stupid is that? Bank of America did the same thing and then took it back when people withdrew their money. If you want America to flourish,give people more money instead of less,so they can stimulate the economy. Instead Pres.Obama took away the COLA for 2 years from seniors and took away half the amount they were getting in HEAP benefits. We used to get $50,now it’s only $25. Give us less and we wont spend,give us more and maybe you’ll see a big difference. And do we really need a government anyway? What do they do for poor/middle class people? Mad as hell in America.

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    1. In fact, Obama had absolutely nothing to do with the Social Security COLA. That calculation is fixed by law based on inflation.

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