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Idea#26

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Issues: Domestic »

credit cards

When will there be legislation to control the machinations of credit card companies?

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Submitted by bahrr 2 years ago

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Comments (3)

  1. miketheliberal said:

    In addition, do you see a way of regulating banking so that the banks stop charging fees that were once considered usury?

    2 years ago

  2. orangecrush1 said:

    I think this question really needs to be asked, but it needs some elaboration. The bankruptcy bill was a big wet kiss to the credit card companies. Maybe something along the lines of:

    "What do you plan to do to strengthen consumer protections against skyrocketing fees, interest rates and predatory lending practices by credit card companies?

    2 years ago

  3. ugb942 said:

    Perhaps the sheer magnitude of this lobbying machine will buy enough Representatives and Senators to make it impossible to change. Perhaps we need a law that mandates that that each Representative and Senator will need to grow a pair of balls (ovaries?) to help resist the lucrative siren call of lobbyists?

    2 years ago