It’s high time our banks were brought to heel

It’s the week before Christmas, the season when we are urged to bestow goodwill to all men.

This week’s column was going to comment on how well we are doing relative to others. After all, we are still, according to a recent report, the seventh richest country in the world. Mind you it doesn’t seem like it.

Hearing Wednesday morning’s 7 o’clock news changed whatever bonhomie was left. The news announced that the gougers are back in town, not that they ever left. As of Tuesday, Bank of Ireland has increased the interest rates to be charged on its credit cards. The rates would now be increased by between .7% and 4% with different increases being foisted on different cards.