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| Economics Discuss Thad Cochran and others block bill to freeze credit card interest rates at the Political Forums; Originally Posted by Sulayman Apply Ockham's Razor to this question and you have your answer. Maybe he's smart enough to ... |
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![]() Here's what I wrote... Quote:
__________________
"You get the respect that you give" - cnredd |
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Ah I like ya redd. I wouldn't attack ya. Just sayin you guys give a little more leeway for an "R" thats all. Personally I would never be partisan. ![]() |
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Until we finally bite the bullet and publically fund all federal elections we will be stuck with the congress that industry buys. |
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Dodd is a double dealer. |
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I would be very afraid of the unintended consequences on this or any other financial matter that the Senate in general, Dodd in specific, concern themselves with. I can predict that credit will tighten up, (as it should for credit cards), some group like ACORN, ACLU, or the Rainbow Push will cry, "racism" or someother unfair practice on the part of the finacial institution, then some dumbarss congress person like Barny Frank will change the laws to force lending at a lower rate with a lower threashold to obtain a creditcard. Read, "community reinvestment act".
I have paid way more than my "fair share" of overdraft fees, (usally for a 4.00 coffee) late payment fees, had my interest rates increased and any other penalty that the banks could think of. In the end, all of those actions were in responce to my mismangement of funds, intentional and otherwise. |
| The Following User Says Thank You to Rush L For This Useful Post: | ||
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| and, bill, block, card, cochran, credit, freeze, interest, others, rates, thad |
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