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Political Factoid
A growing number of low-wage
workers are being paid in
unregulated "debit cards"
. . . which siphon off fee after
fee from the workers wages.*
- $1.75 every time the worker uses
an ATM to check the balance
remaining on the card
- $2.95 to receive an monthly
paper statement
- $.25 for every PIN-debit
point of sale.
- Fees for transferring the
balance to a checking or
savings account at a bank.
- etc.
| * |
Transfer of wealth from the poor
to wealthy [large, privately-owned
financial corporation]
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