By Bob Sullivan
Coughing up $4 charges for ATM transactions. Iron-clad cellular phone contracts you can't get out of with a crowbar. Paying sizeable dollars for coverage you don't want on a apartment automobile or forking over $20 an afternoon for supposedly "free" instant net. each day we use banks, cellphones, and charge cards. each day we e-book motels and airline tickets. and each day we get ripped off.
How? listed below are quite a few examples of ways large company can get you:
• You didn't refill the condo vehicle with gas?
Gotcha! gasoline expenses $7 a gallon here.
• Your financial institution stability fell to $999.99 for one day?
Gotcha! That'll be $12.
• You omit one cost on that 18-month same-as-cash loan?
Gotcha! That'll be $512 extra.
• You're in the future past due on that electrical bill?
Gotcha! your entire charge cards now have a 29.99% curiosity rate.
But no longer much longer. In Gotcha Capitalism, MSNBC.com's "Red Tape Chronicles" columnist Bob Sullivan exposes the methods we're all cheated by means of massive company, and teaches us how one can get our funds back--proven recommendations which can assist you store greater than $1,000 a 12 months.
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Extra resources for Gotcha Capitalism How Hidden Fees Rip You Off Every Day-and What You Can Do About It
176. 161 1960 1970 1980 2000 Years Least developed countries Developing countries Industrialized countries Source: UNDP, Human Development Report 1997 (New York: Oxford University Press for the United Nations Development Program, 1997). 59 Reservations This is not by any means to say that all is well with the world, or even that everything is getting better and better. AIDS deaths in 2000 totaled 3 million, the highest figure ever. 27 In several African countries, more than 15 percent of the adult population are suffering from HIV or AIDS.
56. One sometimes hears it said, on the basis of that same UNDP report, that the richest fifth of the world’s population is 74 times wealthier than the poorest fifth. 1 0 60 125 273 600 1,300 2,850 6,200 13,500 29,500 64,500 Annual Per Capita Income at 2000 Prices Source: Surjit Bhalla, Imagine There’s No Country (Washington: Institute for International Economics, 2002), p. 176. 161 1960 1970 1980 2000 Years Least developed countries Developing countries Industrialized countries Source: UNDP, Human Development Report 1997 (New York: Oxford University Press for the United Nations Development Program, 1997).
And indeed, the worldwide spread of freer conditions of service and freer markets has made it increasingly difficult for women to be kept out. Women today constitute 42 percent of the world’s work force, compared with 36 percent 20 years ago. Capitalism doesn’t care whether the best producer is a man or a woman. On the contrary, discrimination is expensive because it involves the rejection of certain people’s goods and labor. All studies have shown that respect for women’s rights and their ability to exert influence in the home are closely bound up with their ability to find employment outside the home and earn an independent income.
Gotcha Capitalism How Hidden Fees Rip You Off Every Day-and What You Can Do About It by Bob Sullivan