If President Obama and his demo-cronies really wanted to help, wouldn't they have addressed the predatory interest rate practices of card issuers and their unbridled distribution of credit cards to young people who haven't a clue how to use credit? This bill doesn't stop card issuers from raising interest rates to nearly 20% and beyond, it only delays the process. Isn't this called USURY? Banks pay you less than 1% for your money on deposit, yet turn around and charge more than 2000% more for the balance you carry on your credit card.
The photo would have been more appropriate if everyone in the photo had dressed in black pin-stripe suits with black shirts and white ties. I'm sure President Obama's signature reads something like "Don Barackeoli Obama".
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