Thursday 7-23-09 9:21pm (MST)
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That’s right America our trusted, incompetent, cowardly Government once more sells out the American people. It should’nt be a shock it is just business as usual. Once again Capital Hill puts you and me on the back burner, and here’s why.
We all know the American people are struggling financially in today’s economic climate. Perhaps someone should tell that to Washington DC, they live in a diffeent reality.
Ok here we go. This one has to do with banks and credit cards. So congress acknowledges the economic climate and how the American credit card holder is struggling to pay their bills and credit cards, well kind of.
Congress passed into law or whatever you want to call it, that
banks can not raise the interest on cards that have a fixed rate.
Sounds good right.
Sounds great but one catch. It will not go into effect until February 2010. Apparently Congress feels that the American public really do’nt need the help right now but in Feb 2010. The people need help now not Feb 2010 you cowards.
So the reality is that Congress put the banks interests ahead of the Amerian people which is not all that surprising they do it all the time. Congress puts their banking buddies first and the American people second.
How is that for Democracy. Great job Thanks a lot.
O yeah another catch to that is the banks can move to variable interest on the credit cards and do whatever they want. Congress always leaves a loophole for their buddies, which is not me and you.
So there you have it Congress up to their cowardice incompetence once again and the American people are the one’s who pay the consequneces.
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