Word: costs
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Dates: during 1990-1999
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...surcharges are particularly galling to pols and consumer groups because they seem to amount to blatant double dipping. For example, a nondepositor who pays $1.50 for ATM cash often pays his own bank a $1-to-$2 fee for the same transaction. Such fees more than cover the cost of the transaction, which opponents put at 27[cents] per withdrawal. Says Santa Monica's Feinstein: "The banks say there is no free lunch for a service, when in fact they are asking us to pay twice for lunch...
Bankers justify the charges by noting that most banks provide ATMs free to their own customers and thus must find some other way to recover the cost of deploying the machines. "In San Francisco," says Bank of America spokesman Peter Magnani, "there is no charge 80% of the time when someone puts a card in a B. of A. machine." Moreover, he says, the cost of the transaction is just a small part of the bank's expenses, which include purchasing, installing and maintaining the machines as well as paying rent at nonbank locations. "Banks are being singled...
...According to the Eviction-Free Zone, one of three organizations which drafted the ordinance, $10 per hour was chosen because it was the lowest wage paid any unionized city employee. As such, it was seen as a minimal standard for a living wage. In fact, studies on the local cost of living show just how minimal it is. According to the National Low-Income Housing Commission, a wage of roughly $15 per hour is needed to live in the Boston area. Wider Opportunities for Women also found that in 1997, a living wage for families of varying composition would range...
...tell, the only reason that Rudenstine has remained silent is that he can make no argument against a living wage that would not be publicly embarassing for the president of the world's richest university. By liberal estimates, implementing a living wage at Harvard would cost the University $10 million annually. This amounts to three-fifths of 1 percent of Harvard's annual budget, and exactly equals the compensation paid the University's top fund manager in 1998. It is impossible for Rudenstine to argue that Harvard cannot afford a living wage. Had he come to our rally...
...said that the functionality of Windows has increased substantially over time. Many years ago, DOS 2.1, containing 3,000 lines of code, cost $150. Today, Windows 98 contains about 20 million lines of code and costs about...