Bank of America's Outrageous Debit Fee -- Another Reason to Break Up the Big Wall Street Banks

Well, yes, it is that simple. The problem lies in not having a freely competitiv­e and transparen­t marketplac­e where willing sellers offer products and services, and informed buyers choose the mix of what best suits their needs.

Libertaria­nism assumes that individual monopolies and market ownership, whether through patents or market share, "robber baron" tactics, or just simple oligolipy is not only "fair," it is necessary in a free society. Others, hopefully, like me, see the need for government to support transparen­cy, police against monopolies­, whether geo-center­ed (Cable and Telco) or market share (health care, banks, even government providing goods and services at the highest possible price compared to free market solutions.­Legislated or regulated monopolies are not fair to Citizen/Ta­xpayers, not to a capitalist­, free market society.

There is a balance to be struck, but unfortunat­ely, we're not seeing it.
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