Get ready to pay 4% more for your purchases if you use a credit card in New Jersey and 39 other states. Starting today retailers are permitted to add a "checkout fee" to your bill, to cover the merchant fees banks charge them on credit card transactions. And who do we get to blame for this? Why the Dodd-Frank financial regulation reform law, of course. It's one of the many "consumer friendly" provisions instituted by Senator Elizabeth "Fauxcahontas" Warren's Consumer Financial Protection Board in response to a class-action lawsuit recently settled by Visa and MasterCard. WyBlog has more
