Today's award goes jointly and severally to Congressional Representatives Peter Welch (D-Vt.), John Conyers (D-Mich.), Raul Grijalva (D-Ariz.), Keith Ellison (D-Minn.) and Mike Honda (D-Calif.). Why? Politico reports:
Several liberal Democratic lawmakers on Thursday demanded an investigation into whether the nation’s largest banks – including Bank of America, J.P. Morgan Chase and Wells Fargo – are coordinating efforts to raise fees for consumers, contending that would violate federal antitrust laws.
“There is clearly no problem with banks making independent business decisions based upon the landscape as they see it,” the lawmakers wrote in a letter to Attorney General Eric Holder. “Antitrust issues are raised, however, if they are attempting to facilitate group decisions on their prices, terms and conditions”
Though they conceded that they had no specific evidence that banks were colluding, the lawmakers argued that having the Justice Department police the institutions could be enough to ward off rising prices for customers.
There's more at the link. Bold, underlined print is my emphasis.
Can't these doofi feel their own feet being self-inserted into their joint and several mouths? Are they seriously demanding that the Justice Department try to intimidate businesses by threatening investigations and prosecutions, even while they simultaneously admit that they have no evidence whatsoever of criminal wrongdoing by these businesses? Can you just imagine what they'd say if a group of Republican legislators demanded something similar? Their screams of outrage would deafen everyone within ten miles of the Capitol!
There's a simple solution to the outrageous fees being demanded by many of this country's major banks. As Comrade Misfit so succinctly puts it:
I couldn't have said it better myself!