From The Irvine World News, July 1:
Irvine business owner Mitch Goldstone is mustering the home guard not only against Big Oil; he’s got Visa and MasterCard in his sights, too, over the cost of fuel. Goldstone has put out a call to all motorists who are “steaming mad” about prices at the pumps to join his All American Rally. The rally is scheduled for Thursday, the day before the Fourth, from 8 to 10 a.m. next to the Chevron station at the corner of Barranca Parkway and Jamboree Road.
“Visa, MasterCard and thousands of its member banks are making windfall profits every time you fill up and pay with a charge card,” says Goldstone. Goldstone says he and his partner, Carl Berman, are the lead plaintiffs in a multibillion-dollar litigation against the two credit card associations and member banks over “anticompetitive price-fixing practices.”
“Except for OPEC, has anyone enjoyed a greater windfall from $4-plus gasoline than the credit card industry?” asks Goldstone. To learn more about Thursday’s rally, call Goldstone at his business, ScanMyPhotos.com, 949-474-7654.
– Don Dennis
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