Monday, February 22, 2010
speaking of asking questioins
The new credit card law went into effect today. The law's intention was to protect credit card holders from excessive interest rates, fees, and other tricks credit card issuers use to drive up their profits. Here's my question. If the law which was passed last May was meant to help the American consumer why did it not go into effect until today? In the last nine months the banks have wasted no time raising interest rates, creating fees and rules that will cost the consumer a bundle. Hey, congressmen! Yeah, that's right, I'm talking to you. Who are you working for, the people who voted for you, or the banks?
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4 comments:
Hmmmm? Was that a trick question?
and to add to it, why does the health care reform (if they even get anything passed) not kick in until 2014 but the demand for buying insurance will start sooner? Is it all about our corporate masters actually being the ones running the whole show-- on both sides?
Anytime a bill goes through, it usually doesn't help the common man. It binds him and tells him it's for his own good.
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