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By David Bentley Hart
$11.56
$4.49
$21
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Flickr / 7bikeframesweldedtogether
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Credit card companies are increasingly turning to the legal system in their rush to collect money that is owed to them. But, there now exists a very big problem in this litigious-happy practice—nearly all these lawsuits may be flawed.
Posted on Aug 13, 2012
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Bill Day, Cagle Cartoons —
Posted on Dec 27, 2011
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Flickr / soathevy
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New rules curbing credit card company shenanigans took effect Sunday, as restrictions on “unreasonable late payment and other penalty fees” will now block the companies from charging excessive levies if users, to cite just one choice example, do not use their cards.
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With the folksy charm of a timeshare salesman, Austan Goolsbee of President Obama’s Council of Economic Advisers outlines some of the new credit card rules, which began taking effect Thursday.
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Flickr / stan
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Like an abused spouse, America continues to stand by the banks, hoping they’ll change their ways. TARP funds were supposed to trickle down to the average taxpayer, but Congress is now investigating complaints that bailed-out banks such as Bank of America and Citigroup are jacking up interest rates and engaging in predatory lending.
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The merger of the entertainment and political spheres is now complete. Witness this lengthy chatfest between President Barack Obama and Jay Leno on Thursday’s “Tonight Show.” During the broadcast Obama cracks jokes about the Secret Service, the Special Olympics (oops) and “American Idol” between more serious discussions about the economy and alternative energy.
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After Oklahoma Disaster, Give Thanks to Government
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