Don’t believe everything their agents tell you. I opened a Chase checking account to become a “10 and 10″ member. They claimed I would receive 10% in additional points on everything I bought. I know– too good to be true. But everyone I spoke to (try it out yourself) said I would get a combined 11% in points on every DOLLAR I spent. Throw in the quarterly stuff for the add’l 4% and you could get 15% in points. Well, after beating through several agents because the points weren’t adding up on my bill, I got to an “escalations manager.” She straightened out MY confusion. That 10% is 10% additional points based on your points earned, not dollars spent! This, despite the points summary screen “point blank” saying 10% points per dollar spent!” I spent a lot of time checking this out and they are thoroughly fraudulent in their representation. If you spent $4,000 one month- you would get $40. You then would get 10% of the $40– $4. NOT $400 as advertised. Again, now that I’ve been duped I feel like an idiot for having believed I was getting something for nothing, but if you think of Chase as one of the banks too big to fail, and Henry Paulson squeezing the CON-gress for $700 Billion Dollars; They can’t kick the economy back to life, then throwing staggering amounts of available tax dollars from their cash vaults back at the public doesn’t sound to proposterous. Well, George Carlin has a lot of appropriate material to describe the “business man.”

I think these are signs of things to come.