Funny, I didn’t see the part about the dhimmicrats borrowing from social security, etc., and putting IOUs there (and calling it a “lock box”). I pay out my credit card in full each month. It’s about time the lame-brain congress critters start doing the same with my country’s budget.
Amen, brother!
I'm only 23, so I havent had credit cards all that long, but I've always paid off my balance every month and never let it ride and pick up interest. The only outstanding balances that I have on credit are the interest-free promos, and even then I set aside the cost of the item I purchased, don't touch that money, and let it accrue 3.30% in a high-yield while paying off the balance month-by-month.
Just a few years ago, when I first went to college (age 17), I got a Visa with a $500 limit "just in case." I rarely used the thing, and always paid off the balance when I did. Two years later, I received a letter stating that they had raised my credit limit to $11,800. I was a 19-year-old kid at college, on scholarship, with no job (at the time) and no assets...with the potential to get over $10K in debt at the drop of a hat???
I called and had them reduce that to $1000 immediately. Such irresponsibility on Visa's part.