According to this news article being reported by The Consumerist, Credit card companies ganged up on the discovery channel to prevent the popular Mythbusters show from airing a segment on how easy it really is to steal RFID Credit Card Data.
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Under the guise and pretense of “risk-based” pricing, chase puts the screws to its credit card holders by applying all payments under their credit card holder agreements to lower interest balances first.

I too soon found out what this means, as I have a Chase credit card with a regular balance and a cash advance balance. My cash advance balance is about $400.00, and on my statement i noticed they were charging me 20.99% for this balance, compared to 8.99% for my regular what they call “purchase balance”.

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I’ve often argued that corporations as recognized by courts today act in a way that is totally irresponsible, because they abstract the feeling of personal responsibility of anyone who actually works for the corporation. While many act responsibly, morally and intelligently individually, masses tend to act under the tenet of mass psychology, an unruly, destructive and aggressive sort of animalistic group behavior.

According to the documentary by Mark Achbar, we don’t have to go very far to really figure out whats going on. Corporations are Psychopaths.

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So, im home this morning, looking at my bank account : 12 dollars. I say damn, let me transfer some money from savings so i dont get overdrawn. I’m in the wierd period of the month in between paychecks, those first few days after paying the heavy part of my bills.  Also i went shopping and bought a bunch of stuff.  so I transfer 250.00 dollars from savings through my Ms Money, which will submit the transfer as if directly from the BOA website. These transfers are usually IMMEDIATE, not this time.

I get home at around 6:15pm, not an hour ago, and see no less than 4 , thats right four 35(thirty five) dollar charges to my account all back to back, and im thinking, some merchant accidently ran through 4 charges for the same 35.00 item that i bought, of course, what else could it be? I had just transfered 250.00 dollars into this account a few hours earlier. For the life of me I couldnt remember what i had bought for exactly $35.00?  Mysterious,

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