TinyTim

What’s My Payment?

"Boomers realize they are 60 years old and have $50,000 of retirement savings and $30,000 of credit card debt. "

And there's a line of applicants to be greeters at the local Walmart.

Hopefully, you are describing a new generation similar to the thrifty that came out of the Depression. Only they don't know it yet, just like the high-rollers during the Roaring 20's. This mentality rarely carries to the next generation

Credit Card Legislation: An Exchange

Very informative article.
As a freeloader or transactor, I'd like to hear more on "optimizing the collection and redemption of rewards points"
Years ago, it was hard to find a card without an annual fee. If my Visa started a fee, I would probably forego the float and just start using my debit card. I'm sure I'm not alone. The value of the float in low rate, low inflation times is minimal.

Credit Cards: Do the Banks Own the Senate?

I agree that the banks will play this with pragmatism and let Congress win.
Regarding the coming regulation battle, I'm sure it will be a tough fight. Write your Congressmen.
I'm more interested in whether and when the antitrust battle will be fought over entities too big to fail.

When Greenspan Talks - Fast Money Recap (7/31/08)

Part of.
I would say, cause of.