XPost: rec.arts.sf.written, rec.arts.books   
   From: proto@panix.com   
      
   In article   
   ,   
    YourName@YourISP.com (Your Name) wrote:   
      
   > In article , The Horny Goat   
   >  wrote:   
   > > On Mon, 12 Aug 2013 13:23:24 +1000, "Rod Speed"   
   > >  wrote:   
   > > >>>   
   > > >>> Now a merchant who doesn't cover all his costs is out of business so   
   > > >>> you know where those costs get passed along to.... in grocery stores   
   > > >>> they used to work on a 1-2% margin because they were getting 'the   
   > > >>> turns' but these days it's 7-8% mostly to cover card costs.   
   > > >   
   > > >> I don't know how much shop keepers get ripped off by the banks here,   
   > > >   
   > > >Its nothing like as high as that 7-8% here.   
   > >   
   > > Didn't say bank charges were that high. What I said is that groceries   
   > > have historically made it on 1-2%, but some of the affinity VISA/MC   
   > > cards have fees in the 4-6 range which is where that 7-8% number came   
   > > from.   
   > >   
   > > In other words, the bank is making more on groceries than the grocery   
   > > store itself is and by a considerable margin.   
   >   
   > The greedy Government makes more than everyone else combined.  :-(   
   >   
   > If you work it out, the Government basically gets all the money, eventually.   
      
   The money flows through the government which doesn't keep a lot of it.   
   The government, in fact, spends more than it takes in.   
      
   --   
   Gambling with Other People's Money is the meth of the fiscal industry.   
    me -- in the spirit of Karl and Groucho Marx   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)