We Can Only Hope For Justice in the Guilford Court System – Durbin Slated to Pull of His Coup

From today’s Washington Alert…another YAY Big Government Moment….and to think Nathan could have lost a tooth or something over this. 

“Bottom Line: In the end, Durbin’s amendment will likely survive and the federal government will be further empowered to exercise its authority in another sphere of the private market. If you’re a fan (as millions of consumers are) of the many consumer-friendly rewards programs offered by credit and debit card companies, be prepared for all of them to fade away or for annual card fees to return or increase substantially. Government regulations do not happen in a vacuum, they impact everyday life. Durbin’s well-meaning intervention will cost consumers more money, and in the end harm the merchants that are arguing in favor of the government regulations.”

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