President Barack Obama spoke today about the abusive practices of credit card companies at a town hall meeting in Rio Rancho, New Mexico. He also blamed the card holders for having too large of eyes for their budgets, but it was mostly an attack on the evil credit card companies.
Obama urged Congress to send him a bill by Memorial Day for him to sign it to end the fine print, rapid changes in interest rates, unfair late fees and other things they'll add to make credit cards available to everyone, just like homes.
The Democrats just want to ruin the total economy to create a nanny state.
IN THE NEWS:
Associated Press: Obama urges Congress to act on credit card bill
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