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Obama attacks credit card companies, McCain

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
rndmprsn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-11-08 02:44 PM
Original message
Obama attacks credit card companies, McCain
BAM...take that you pesky John W McCsame!

OBAMA IS COMING TO GET YOU MCCAIN

http://www.reuters.com/article/topNews/idUSN1147645220080611

CHICAGO (Reuters) - Democratic presidential candidate Barack Obama charged on Wednesday that U.S. credit card companies are tricking Americans with deceptive practices and that Republican John McCain has done nothing to stop it.

Illinois Sen. Obama, on a two-week tour focusing on problems in the U.S. economy, held a round-table discussion with three people who have seen their credit card debt skyrocket due to a relentless cycle of interest rate increases and fees...

...Obama said "John McCain has been part of the problem," accusing the presumptive Republican nominee of siding with banking industry lobbyists on credit issues and voting against an effort to increase transparency on credit card bills.

"When he had the chance to help families avoid falling into debt, John McCain sided with the credit card companies," Obama said of the Arizona senator.
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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-11-08 02:46 PM
Response to Original message
1. I Guess He Has Lost


The support of Visa and Master Card for sure now.....:rofl:
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NotThisTime Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-11-08 03:11 PM
Response to Reply #1
2. ROFLMBO... I'm sure he never had their support to begin with, his rates are probably 27% after this
:)

But Obama can pay his bill's, what about all those people recently who saw their rates go up that high that were never even warned!
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goodgd_yall Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-11-08 03:42 PM
Response to Original message
3. Good for Obama
Anyone who leaves a balance month to month on their credit cards should know what Obama is talking about. Credit card companies need to be regulated and I hope Obama can get something done about this.
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