Friday, December 05, 2003

Slashdot | Stealth Inflation

"The New York Times on the Web explores the topic of incorrect bills and numerous surcharges with names like 'assessment', 'handling', 'restocking', etc. David Pogue quotes Business Week magazine, where it says that such small charges $100 million annually for hotels, $2 billion for banks and $11 billion for credit-card companies. Users of landline phones, cell phones, checking accounts and credit cards are starting to suspect that such huge revenue might imply the mistakes are made on purpose. Is it just another conspiracy theory, or are we becoming victims to the stealth inflation?"

Tuesday, November 25, 2003

From fark.com: Creator of credit card dead at 88. Will be snipped up into little pieces by giant scissors

sacbee.com -- AP State Wire News -- Joseph P. Williams, creator of first large-scale all-purpose credit card, dead at 88

I love this site just for the comments like these...