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Citibank thanks America for filling its begging bowl with a royal one finger salute. And Congress

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 08:51 PM
Original message
Citibank thanks America for filling its begging bowl with a royal one finger salute. And Congress
snores when it should regulate interest rates.

http://thenewyorkcrank.blogspot.com/2008/11/citibank-thanks-america-for-filling-its.html

Talk about biting the hand that feeds you!

Last week, while Congress was engineering a bailout package of the taxpayers’ money to rescue Citibank and save the economy, Citibank was sending out notices to its cardholders of a new and usurious policy — a policy that could drown consumers and help sink the economy.

Louie the leg-breaker
is now a Citibanker

Usury is nothing new to bankers who issue credit cards. For example?........................

(Can somebody start a petition? Regulate The Interest Rates!!!!!!!!!!!)
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datasuspect Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 08:55 PM
Response to Original message
1. I can't understand why the bailout
is focused on retaining debt peonage instead of fundamentally reworking the basis of the economy for less reliance on credit.
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