"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Credit Nazis Move to Exploit Tragedy in Haiti for Profit
Submitted by Little Alex on Fri, 2010-01-15 04:00
As a massive human tragedy unfolds in Haiti, relief organizations are soliciting credit-card donations through their hotlines and websites. About 97 percent of these donations will actually make it to the designated organizations---but the other 3 percent will be skimmed off by banks and credit card companies to cover their "transaction costs."
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Comments
Please pay attention. Before you posted this, Visa, MasterCard, Discover, and American Express all announced that not only were they making substantial corporate donations to the rescue and aid efforts, but also were waiving their transaction interchange fees for donations to most major charitable organization.
For example:
http://corporate.visa.com/media-center/press-releases/press976.jsp
"Credit Nazis" indeed, you offensive oaf.