Blackhatjack
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Feb-04-09 03:06 PM
Original message |
| IF a credit card company gets federal taxpayer money then card interest rates ought to be cut... |
|
... instead I get a notice that they are raising card rates.
What's wrong with this picture?
|
| uponit7771
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Feb-04-09 03:08 PM
Response to Original message |
| 1. The banks are the villians here and everyone in finance knows this |
|
Edited on Wed Feb-04-09 03:09 PM by uponit7771
|
| Yavapai
(554 posts)
Send PM |
Profile |
Ignore
|
Wed Feb-04-09 03:09 PM
Response to Original message |
| 2. Wells Fargo give a whooping .3% on savings now, what are their rates on credit cards? |
| Donnachaidh
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Feb-04-09 03:10 PM
Response to Original message |
| 3. They know they run the risk of getting a finger shook at them in the news |
|
Edited on Wed Feb-04-09 03:11 PM by Donnachaidh
But virtually nothing else will be done.
Perhaps we should email the "champion of the middle class", Joe Biden, and ask HIM why this is happening?
|
| brentspeak
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Feb-04-09 03:11 PM
Response to Original message |
| 4. Just waiting for the usual Wall St. apologists to respond |
|
with the usual spin: "All that would do is create unhealthy incentives for people not to pay their bills. Heck, if I had lowered rates, I wouldn't pay my bills/etc. either...".
|
DU
AdBot (1000+ posts)     |
Tue Apr 23rd 2024, 02:11 PM
Response to Original message |
Printer-friendly format
Email this thread to a friend
Bookmark this thread
