- The Washington Times - Monday, February 28, 2011

ANALYSIS/OPINION:

This morning while perusing the news online I came across a large banner advertisement declaring, “Bureaucrats want to take away your debit card!”

Interested, I clicked and read that the website electronicpaymentscoalition .com wants me to send a message to my members of Congress to vote against a change to a rule affecting use of my debit card. This organization’s website said all kinds of banking fees may have to be raised unless this is stopped.

Wondering who it was that cared so much about my financial status, I looked up the name registrar for the website. I typed in the domain name and got an address back. I looked up the address, and lo and behold, it belonged to a Wachovia Bank, and the suite number that had popped up belonged to a legal firm.

I’m still not sure who is behind the banner ad. But if our country’s financial woes have taught me anything in the past few years, it’s that I shouldn’t trust the banking industry to act in my best interests. So if the banking industry is coming together to persuade me to support it on this debit card issue, my gut reaction is to run the other way.

MARK HILL

Falls Church, Va.

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