The Only Way To Control Bank Fees Is To Not Control Bank Fees (And Have Large Scale “New Job Uncreations”)

CNN Money is reporting that some House Republicans are suggesting that the way to get rid of the new bank fees is to bring back the old bank fees, aka the “debit card swipe fees“.

So someone must pay a fee so long as it is not a top bank executive or ceo? Banks are job creators after all! Except of course for these incidences where there is more than a bit of new “Job Uncreation“:

Bank of America: 324 NYC New Job Uncreations

Bank of America Intends to Have 30,000 New Job Uncreations in the Next 2 Years

Goldman Sachs Announces 1000 Intended New Job Uncreations

NY State Report Estimates 32,000 New Securities Jobs Uncreated Since 2008

Banks Institute New Job Uncreations To Save Executive Bonuses?

JP Morgan Chase Uncreates over 1k New Jobs In the 3rd Quarter. More New Job Uncreations Predicted

Please Contact Us with your link to additional New Job Uncreator news.


Bank of America Could Care Less About Making the World Dance but Does Really Care About The Money, Money, Money and The Price Tag…

UPDATE 11/1/2011: Bank of America has announced it is scrapping this fee. is reporting that Bank of America is planning new debit card fees. The proposed  fee would be $5/month(usd) for customers who use their debit card to buy stuff.

*DISCLAIMER: I am not a licensed financial adviser and I have never even actually balanced a checkbook.  However, I still feel 91.37% confident in recommending that Bank of America customers are best served by immediately canceling their accounts with BoA.

Whether you are a Bank of America customer or not, please contact BoA CEO Brian T. Moynihan at to help in some way to prevent these fees from spreading.