Comments on: Congress Takes Aim At Credit Card Policies

Lawmakers Threaten Legislation If Industry Doesn't Voluntarily Curb "Sky-High" Interest Rates And Fees

[jimfinster]

bildooreilly:

For once I agree with you.

[bildooreilly]

These guys are all buddies with these politicians, enjoy the dog and pony show.. yee haw... they're all laughing all the way to the bank. They're some smart mean sharks, and they've taken us for the biggest ride ever.

[bildooreilly]

If these politicians would give us the money they owe us back these people could pay off their credit card bills easily. Only vote for politicians that you believe in who will demand that tax surpluses be redistributed back to We The People whom they rightfully belong to. Even if you have to run for office yourself, don't vote for anymore of these metrosexual rich kid republicraps and democraps, they're looting the country blind at an ever increasing rate.

[tuckerndfw]

People need to grow up and take responsibility for the decisions they make and stop blaming others.

Posted by Winstrv at 08:57 PM : Mar 07, 2007

Based on the tone of your comments, it appears you only refer to the victims of predatory loan sharks, and not the loan sharks who loan money to desperate people who have no realistic chance of paying it back.

Loan sharks should bear the responsibility for their actions. Congress should prohibit them from using the courts to help collect their foolishly made loans.

If they loan money to people who won't or can't pay it back, too bad for them. Taxpayers have no obligation to provide loan sharks with collection agents in the form of courts and court orders.

[pwrslm]

If everyone in the country would boycott credit cards, and withhold payments until credit card companies stopped being thieves, then they would do the right thing.

If congress tries to force a change, it may look good on the front pages of the news papers, but in reality, it will be a superficial slight of hand.

We cant trust Congress any more than we can trust the big bucks behind both credit cards and the banking industry, as well as election campains.

[pwrslm]

so, they think that a thief will all of a sudden be honest just because of what, because they think that the police will arrest them and punish them for being a thief?

absolutely not

you look away for 1 second, the thief will still be a thief, and will walk away scott free.

[standlee5]

Teach them a lesson, regulate the he11 out of them.

[bildooreilly]

Jesse Ventura, when he was mayor of... a... I think it was Menlo [Brooklyn] Park, the city wanted to have a tax increase of $260,000, a small increase, for the school districts. They said they were at a short fall of money. He looked and saw a $48 million investment fund sitting there, listed as idle funds, so he goes, "Here, take it from here." And he was the first person to openly admit as to the difference between the budgetary basis and the liquid investment funds. He was elected governor, and also the first step he did was to target $7 billion in surplus funds for return to the public. Now, legislature, ok, who has their hands very deep in the pockets here, went to block him on the $7 billion and he was only able to free up about $1.8 billion, which equated to about a $800 check for every person living in the state.

Every school district, city, county, state, and the feds are playing this scam and have hoarded away massive amounts of our wealth folks. Don't vote for democrats and republicans and don't vote for weak people. This money needs to be redistributed back to all americans, they've been running this scam since 1946. It's time to get some real independent candidates who will really get the job done and clean up this mess... this is how they're enslaving us, they've stolen our money so they can use it as the invisible boot on the back of our neck.

[bildooreilly]

Tell your city,county,state, and federal politicians to redistribute the massive surpluses of TAXPAYER MONEY that they hide back to WE THE PEOPLE whom it belongs to then we wouldn't even need the greedy banks.

[cbville72]

I have an excellent idea! How about people don't use credit cards for anything but emergencies! Oh Wait....that's just common sense.
Yeah...I guess we are all VICTIMS. I'm sure that the courts will all figure it out. It'll only take about 5 years. I'm sure none of the politicians are not grandstading either. I myself want to make sure that legislation is passed that makes it hard for credit card companies to charge high rates to the parents buying PS2 games and XBOX 360's for their kids 2 at a time. And let's not forgtet the poor "inner city" kids that need those stereo "systems" in their cars.