Obama: Legislate Credit Cards, Now

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Help Big Daddy O, for I am entirely too stupid and irresponsible to take care of myself and make my own decisions. I am so dumb and incompetent that I cant be trusted to do anything on my own and must be cared for by you!
Please do not expect me to work anything out on my own, because I have a god given right to credit but only at a rate that I think is fair and these big meanies are not fair!
Please take care of me and protect me from myself Big Daddy!

The American Consumer of MD 2:36PM April 24, 2009

I too am very glad the credit card companies are being scrutinized and forced to become honest and caring about their customers. In the early part of this decade most of them lowered their standards to qualify more cardholders as the market became saturated. Now they are viciously cutting customers, even good ones. Most of them have NEVER valued their customers beyond their monthly payment nor have they ever shown good judgment in how they treat their customers. I, for one, will spill no tears over the harsh political review and cleanup of their industry. I hope they get raked over very hot coals for their past behavior. They epitomize capitalism run amok.

Rob M of MN 1:14PM April 24, 2009

Glad we are finally getting around to resolving this issue. These companies are largest procurers of usury today. The billions they are making in inflated fees and unfair interest rates directly taken out of the pockets of hard working people is just plain wrong. God job President Obama! Lets put tis issue to an end.

sick of credit card companies robbing us of ME 1:05PM April 24, 2009