http://disqus.com/by/oohbaby/enTue, 05 May 2009 19:06:15 -0000http://washingtonindependent.com/41633/credit-card-reform-tests-banking-industry-sway#comment-9031719<p>Uhm Greg - What credit card company to you work for?</p><p>Where do consumers find companies who charge more then 10% interest? Well, they are unknown companies like Capital One-gee whiz you can't miss their commercials on television. Or maybe consumers find these companies by the numbers solicitations received in their mail.</p><p>Credit card companies are definately padding the pockets of politicians and spending way to much money lobbying. Visa spent $1.7 million dollars in lobbying congress. If they are such upstanding companies, why do they need to lobby the government? Not to mention many of these banks have off sure accounts and are evading taxes.</p><p>I see many of the people defending credit cards are getting paid by the credit card companies who support their agenda, or they care very little for fellow Americans. Bottom line, if credit card companies can't run a profitable business with our gauging costumers, they are doing something wrong and shouldn't be in business.</p>oohbabyTue, 05 May 2009 19:06:15 -0000http://pacificgatepost.blogspot.com/2008/12/bernanke-and-perpetuating-credit-card.html#comment-4592400<p>All I can say is thank you for this post! I have been following the credit card industry for sometime now and believe real, solid change is in order, not just for business, but in our values. I have read many articles/blogs on the benefits of credit cards and those who promote using good old fashion cash and the lines are getting deeper. In order for the consumer to overcome creditor abuse, there may be a consumer revolution. Sorry, not to sound to dramatic, but we are in store for real change. I hope.</p>oohbabyTue, 23 Dec 2008 12:57:46 -0000