"He also proposed changes in the consumer credit card industry. "People are getting caught in a credit card system that is unfair," he said, faulting "teaser rates" that skyrocket, interest charged on late fees and hidden fees."
A credit card system that is unfair? Damned stupid people who get a credit card who shouldn't have it in the first place, then they treat it like a money grant?
Unbelievable.
“He also proposed changes in the consumer credit card industry. “People are getting caught in a credit card system that is unfair,” he said, faulting “teaser rates” that skyrocket, interest charged on late fees and hidden fees.”
Can you imagine the outrage if the CC companies took the logical position in response to this tripe and disqualified people w/ substandard IQs (e.g. most of the Dem constituents) from obtaining credit cards?