I don't know, ask this guy.
Posted on 04/24/2009 2:27:48 PM PDT by chuck_the_tv_out
On Friday’s CBS Early Show, co-host Maggie Rodriguez asked Democratic Senator Chris Dodd about efforts by Congress to pass legislation that would punish credit card companies for charging higher fees and interest rates: "Senator, yesterday President Obama says that he wants legislation to stop credit card abuses. This is something that you have been pushing for, for years. And I don't have to tell you that there's been strong credit card lobby against this. Now that the President's on board, can you assure consumers that this will finally get done and when?...what's the likelihood?"
Dodd responded by thanking Rodriguez and her CBS colleagues for their slanted coverage on the issue: "I think pretty good. And you've laid the groundwork for it because people are irate over these issues...I think we have a wonderful opportunity, now, to make a difference here
(Excerpt) Read more at newsbusters.org ...
The gall of someone like Dodd speaking of “abuse”
I cannot stand credit card companies, which is why I PAY OFF MY BALANCE IN FULL EACH MONTH, so that they can’t have power to screw me. If you let yourself get “abused”, why should the government be there for you?
I’m with you there. I use my credit cards to get additonal discounts and get the 1% back from Discover and Visa, but, I make sure I pay the bills off every month.
Over the years we’ve gotten quite a good chunk of money using the cashback program.
I hope they succeed at whacking the banks over credit card policy. Just another hamstring on the economy. If banks can’t make what they want, there will be less credit available. The more they kill the economy, the sooner they’re gone. Keep it up Barry!
I don't know, ask this guy.
Whose the handsome guy on the left?
Chris Dodd, chairman and card carrying member of the Corrupt-O-Crats.
BTW: Like your screen name. And I have.
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