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It's especially interesting to hear the spin put on the issue by the bank lobbyists.

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( 2 comments — Leave a comment )
neptunia67
Apr. 12th, 2009 06:39 pm (UTC)
Good video.

I agree with the consumer rights advocate - too many people don't understand the nature of credit, and it can ruin people's lives. I know people who believe that a credit card with an available balance is like having cash in hand. That attitude can be deadly.
liveonearth
Apr. 13th, 2009 01:30 am (UTC)
Hmmmm. Thinking on this, it strikes me that credit IS cash in hand--just someone else's cash. And they're coming for it, eventually.
( 2 comments — Leave a comment )

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