Thread: What's your IQ?
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Old 2005-04-18, 06:30 PM   #19
Bruce Miller
Aw, Dad, you've done a lot of great things, but you're a very old man, and old people are useless
 
Join Date: Apr 2005
Location: 4realcash.com
Posts: 22
Quote:
Originally Posted by pornrex
Hey Kenny...you make some valid arguements.

One final comment I do have to contribute to our "debate" is if there EVER is an effort to "shut you and I down one day" then you will know that day that the American right ot free speech is finished. Let's hope that never happens.

There has already been an ongoing effort. There was a deal made between the Bush administration and Credit Card companies some years ago. In a nut shell, make it harder for adult online merchants do to business and in return there would be tougher bankruptcy laws. You all know about how allowable% of charge backs over the years has steadily declined. When we started in this business in '99 we could have up to 3% in charge backs, then it was 2% then it was 1%, and the fees increased and the regulations increased, the annual surcharges increased to hold a merchant account. We have seen them shut down 3rd party billing companies one after another, and now in just the past 30 days the Administration announced tougher bankruptcy laws will most likely go into effect.

It's already happening, they are slowly working what they can to attempt to slow us down, take our business away and make the religious right happy so that they will vote Republican again in four more years.
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