XPost: rec.arts.sf.written, rec.arts.books   
   From: proto@panix.com   
      
   In article ,   
    Gutless Umbrella Carrying Sissy  wrote:   
      
   > Walter Bushell  wrote in   
   > news:proto-DA974E.22324527082013@news.panix.com:   
   >   
   > > In article ,   
   > >  Gutless Umbrella Carrying Sissy  wrote:   
   > >   
   > >> Which tells you why they're advertising to get consumers to use   
   > >> the credit cards, which costs them nothing extra (unless they   
   > >> foolishly carry a balance).   
   > >   
   > > Oh, they intend to get the customers to run a balance and   
   > > getting to use credit cards is just greasing the skids.   
   > >   
   > And, apparently in Canada, lets them charge merchants an order of   
   > magnitude more. Don't discount that as a motive. Merchant fees apply   
   > whether the consumer carries a blance or not, and overall probably   
   > account for as much as interest on balances, if not more.   
      
   Let's put it this way, in the race against merchant fees and interest   
   on balances, it's a win win situation for the banks.   
      
   --   
   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)