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To: vadum
"will result in less availability of credit and actually force card holders to pay higher rates in many instances."

Country-wide that might be actually a good, though bitter, medicine. Too much of easy credit often leads to mountains of debt, since only a small percentage of population can tell themselves "I don't have money to buy this" and walk away from the purchase.

2 posted on 05/24/2009 10:50:50 PM PDT by Greysard
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To: Greysard

Thank you- someone said it


11 posted on 05/25/2009 1:15:19 AM PDT by steel_resolve (I don't see how the Obama administration leads to anything but civil war...)
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