Desroko on 16 May 2009
I'm glad we agree that current credit-card practices are predatory.
What you seemed to have missed is that Obama is acting to limit those practices. But, bizarrely, you're blaming him for them. Again:
1. The companies are predatory.
2. Obama acts to limit their abuses.
3. They abuse one last time before the limits begin.
How did you get to 4. This is all Obama' fault? Do you honestly believe that the were never going to raise the rates again, even though you concede that they are, in fact, sleazy just like that? We went from a possible future of endless raises to a present reality of just one.
