Gotcha Capitalism: How Hidden Fees Rip You Off Every Day-and What You Can Do About It | Bob Sullivan | This should be taught in Schools
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Gotcha Capitalism:...
Gotcha Capitalism: How Hidden Fees Rip You Off Every Day-and What You Can Do About It
Bob Sullivan
Ballantine Books
, 2007 - 368 pages
average customer review:
based on 21 reviews
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highly recommended
What
is
Gotcha
Capitalism
?
Coughing up $4
fees
for ATM transactions. Iron-clad cell phone contracts
you
can
?t get out of with a crowbar. Paying big bucks for insurance you don?t need on a rental car or forking over $20 a
day
for supposedly ?free? wireless internet.
Every
day we use banks, cell phones,
and
credit cards. Every day we book hotels and airline tickets. And every day we get
rip
ped
off
.
How
? Here are just a few examples of how big business can get you:
? You didn?t fill up the rental car with gas?
Gotcha! Gas costs $7 a gallon here.
? Your bank balance fell to $999.99 for one day?
Gotcha! That?ll be $12.
? You miss one payment on that 18-month same-as-cash loan?
Gotcha! That?ll be $512 extra.
? You?re one day late on that electric bill?
Gotcha! All your credit cards now have a 29.99% interest rate.
But not for much longer. In Gotcha Capitalism, MSNBC.com?s ?Red Tape Chronicles? columnist Bob Sullivan exposes the ways we?re all cheated by big business, and teaches us how to get our money back?proven strategies that can help you save more than $1,000 a year.
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From Myope to Sophisticate
This book has been added to my library of quick reference books! As someone who is now living on a tight budget because of rising prices, it's important that I not get cheated on top of the erosion of my discretionary income. It's not that I wasn't aware of these unfair practices, rather that like so many I hadn't taken the time to pay attention. Just reading this book made me realize that unless we all speak up
and
stop these tactics, we're in collusion with the companies.
I highly recommend Bob Sullivan's book to those interested in
what
's happening to our consumer rights.
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This should be taught in Schools
This Book should be a part of a program taught in
every
School. Thank
you
Ralph Nader for the Heads-up on this one.
A must read ESPECIALLY for young adults
Gotca
Capitalism
can
help anyone navigate some unnessesary problems. College students as well as
you
ng adults in perticular. I wish this usefull weapon against gready companies was around for me when I was younger. Sullivan exposes some scary,(but legal!) tactics used by companies to separate you from your hard earned money. A MUST read!
Nothing ground breaking, but informative
If
you
've never thought
about
the
fees
cable companies, cell phones carriers etc. charge, this book might shock you. Not only are theses
hidden
fees exposed, but there are form letters
and
phone sc
rip
ts that might be very effective for getting your money back. But who has that kind of time? not me.
For most people, I'm guessing you have a vague sense that things aren't entirely fair, but you go on about your life. For those people (like myself) this book is informative, if depressing. The background information on
how
banks, phone companies etc. bilk you a little bit at a time was enlightening, and I did learn a few things to look for when signing contracts in the future. However, I have a feeling that the people that are indignant enough to fight these fees are already doing the things recommended in the book. Overall, a good read - but I don't see myself purring many of the recommendations into use.
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Gotcha Capitalism
Bob Sullivan has great information that is helpful in dealing with Companies that practice deceptive
hidden
fees
and
small print contracts that mislead.
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