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February 07, 2011


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Kelly Anders

I saw something about this yesterday, on Clark Howard's show on HLN. He said it would be good for consumers because it would create competition with banks.


I don't think this is competition with banks, Kelly. This is actually working for them. Do you really think VISA, MasterCard, Discover and AmEx will let private consumers use these cards without taking their small fees off the top? They already do that with any business that takes cards.

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