Ok, what you are saying is the world looked at big picture and saw big growth in developing nations. And this growth was bigger than the growth and productivity of the USA. So this made the USDollar worth less. But this global growth that was bigger than USA growth did not last long. Now...
Ha ha, if you are sarcastic, but the man in the story lived his life in harsh climate N Dakota as a working man, now he can end is life in the place he knows as home, but with the benefit of no worry of money anymore.
I understand VISA to be its own company as VISA Inc. They license their product to banks. They own VisaNet also. I am not certain though how the ownership works. Here is link to company holdings.
http://ca.finance.yahoo.com/q/mh?s=V
Yes, merchants have many complainst with the fee. Their only option right now is to not accept credit cards, and no big merchant wants to do that. This is where Discover has made their play to gain in the market share. Discover has dropped the restriction on merchants to pass that fee to the...
Ok, these are good points about (CREDIT) card irresponsibility, and the consequences of that. But VISA makes thier money from their (DEBIT) card transactions. And with new economy people still do not carry large sums of cash, or travelers cheques. Debit card is part of everyones way of life...
It is Discover financial lawsuit that is pending. They claim VISA and Mastercard violated antitrust by preventing thier banks from offering discover cards. I think it is September when this goes to trial.
Discover company now has dropped the (no surcharge) for their merchants. Now...
VISA plan for its IPO was to put first $3 billion aside for pending lawsuit. They are the big player in emerging markets, but waiting for new litigation on how they market.
China has its own credit card system.
VISA has no exposure to default of payments, that is on banks that issue the...
Yes, it appears to me Obama has created image of caring for all peoples. And he appears to have set himself up to be a savior of the people, so when he is opposed, yes ,he then can be the victim of racism (by appearance) This is working for him, and I do not doubt he is well aware of how the...
My point was not to support Obama. My point of view sees a man who has become very popular because of his youth and hypnotic speeches, but I feel he is motivated by his resentment of white people. So as much as he claims to want unity, he will favor the black agenda. That was my point...
If Obama says yes to reparations for salvery, he knows this will not go well with many of his white supporters. If he says no to reparations but adds he wants more money for the advancement of black people, than this will please most of his supporters black and white. In my opinion his heart...
No offense meant to anyone with children of autism. My point was in wrong diagnosis or hasty diagnosis from some doctors. I was not accusing parents of looking for handouts, smilingsynic. So again, no offense to you.
Smilingsynic, this is what the mother of the boy I know with autism does . Her son has meltdowns too in public sometimes. She had cards made to hand to people who become upset with her and her son in public because they think she is bad mom, and he is being a bad child. Instead of explaining...