Comments on: Corbett moves to expand gift-card law

By: Elwood

Elwood — Fri, 05 Mar 2010 06:44:15 +0000

Re: Clear Thinker 101

Your parents didn’t love you enough, did they?

By: Eric Strautman

Eric Strautman — Thu, 04 Mar 2010 21:57:52 +0000

In 2009, gift cards were the most popular holiday gift. Why? They don’t expire and they empower the recipient with choice.

The retailer does have some significant expenses to support a gift card program for thousands or millions of consumers. One of the biggest expenses for them is maintaining the books on small, UNUSED, amounts on gift cards. These are a nuisance and tie up money that could otherwise be flowing through our economy.

Retailers are doing us all a favor by “feeing off” those balances and using that money to reinvest in their business and hire more employees.

Feigning “consumer protection” for a two-year-old Home Depot card in a sock drawer with $4.23 left on it is just political theatre. A comedy.

By: ClearThinker101

ClearThinker101 — Tue, 02 Mar 2010 21:07:12 +0000

Thank you Senator Corbett for your efforts to stop or reduce yet another well thought out SCAM to “redistribute wealth” from the pockets of the populace to the coffers of a small percentage of people (and the businesses they own).
…
The latter can always afford to have hound dogs on retainer – who will shout, misrepresent, obfuscate, intimidate, confuse, and browbeat the general public into accepting these small wealth drains as a part of life (while they accumulate into huge wealth gains on the other side).
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And in the rare occasion when the people (via their representatives – the precious few with the necessary courage, integrity and a basic sense of justice) are able to make these refined SCAMS illegal, the businesses do all they can to reverse these small steps towards a decent society while planning on their next SCAM.
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Once again, thanks to Senator Corbett and everyone involved in keeping up the good fight.

By: TheVoice

TheVoice — Wed, 27 Jan 2010 02:17:05 +0000

This is another shining example ofDems going too far. 2 years of dormancy for a card with $5 or less should get dinged a service fee, somebody has to keep accounting and bookkeeping this liability.

To author more cash out value from $10 to $20 is also not needed. They should spend some more and add to commerce then cash out if they arer concerned or needing the cash.

Lets target the laws to more items that are needed then waste the house sessions with this penny squabbles.

By: RR, Uninvited Columnist

RR, Uninvited Columnist — Tue, 26 Jan 2010 21:22:52 +0000

The gift card idea wasn’t intended to boost cash assets of consumers, it was intended to boost mercantile cash flow. This bill is dumb. Tell your well-wishers to send you checks instead of gift cards next Christmas. (Too bad if the check amount is smaller than the gift card’s face value)