My view of junk fees -- and, by the way, I'm right about this -- is far more inclusive. If a fee isn't adequately disclosed, can't be adequately explained and generates enough outrage, let's call it what it is: junk.
At the intersection of Highway 20 and Highway 101 in Willits, Calif., you'll find three service stations. But look closely before you pump gas, otherwise you could pay a lot more than you expect. What follows is a cautionary tale about junk fees from an industry we tend to ignore.
Banks continue to raise the fee that is charged when customers spend more than they have in their accounts. Since the end of 2012, the average fee for a $50 overdraft has increased from $33.70 to $34.90 at the 10 largest U.S. banks.
Thomas Wheeler is the heir apparent to the departing FCC Chairman Julius Genachowski. From 1992 through 2004, Tom Wheeler was president and CEO of the Cellular Telecom and Internet Association. If Wheeler is nominated he would have to take on his previous clients.
Shouldn't we get to choose who offers us Internet or broadband or cable programming services over the wires we've helped to upgrade? And if there's no serious competition, shouldn't the cable companies' prices for cable services be regulated again?