Obama takes credit card companies to task


Hey Obama,
I heard you were talking in Arizona taking on Credit Card companies for forcing people to pay higher rates. I have have a better idea. Why not encourage people to take budgeting classes? Why not encourage them to not use their credit cards as a source of income? I know it is better for them to be victims of the evil credit cards than to take responsibility for themselves. You know by not charging more on the credit card than they can pay off immediately or within a month or two or by using only in emergencies. Credit cards should not be used as a way to buy things you cannot pay off. In other words, you need an exit strategy for what you charge. Interesting, democrats never seem to have exit strategies, including when it comes to their own budget or expecting us to budget our money.

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