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posted by Dopefish on Monday February 24 2014, @09:00PM   Printer-friendly
from the don't-click-ok-to-accept-the-eula dept.

andrew writes:

"Alternet.org reports recent updates to terms of conditions for Bank of Americas cell phone app and Capital Ones new credit card contract have given banks unsettling new abilities. These privileges include the authority to access to your phone microphone and camera or even showing up at your workplace and home unannounced at any time.

From the the article:

We're witnessing a new era of fascism, where corporations are creating intrusive and over-bearing terms and conditions that customers click to agree to without even reading.

As a result, corporations in America have acquired king-like power, while we're the poor serfs that must abide by their every rule or else."

 
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  • (Score: 3, Insightful) by janrinok on Monday February 24 2014, @11:07PM

    by janrinok (52) Subscriber Badge on Monday February 24 2014, @11:07PM (#6262) Journal

    I think what the Mega Corps is doing IS bad.

    So tell them that you don't accept those conditions and take your money elsewhere. You can't get by without a bank - but you can get by without THAT bank.

    With internet in the US it appears to be different from the rest of the world. You have no choice. I'm genuinely sorry for that, but only you, if you live in the US, can change that situation. I have the option of at least 5 ISPs all competing for my money. I'll put it where it best suits me, not some Mega Corp.

    Please remember that this is not a US-specific site. If the banks in Europe tried that they wouldn't last very long.

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  • (Score: 1) by Wootery on Tuesday February 25 2014, @10:47AM

    by Wootery (2341) on Tuesday February 25 2014, @10:47AM (#6537)

    You can't get by without a bank - but you can get by without THAT bank.

    Right, but this assumes a level of variation which might not always exist. You can move banks today, but tomorrow when all the banks are doing it, you'll be in a tough spot.

    Please remember that this is not a US-specific site. If the banks in Europe tried that they wouldn't last very long.

    Indeed, probably not. (I'm not American, for what that's worth.)