Augustus

Love Affair With Credit Cards Is on the Rocks

What a bag of nonsense. Of course, it is comming from the guy who last wrote that there is nothing "amoral" about taking money from lenders and then stiffing them. Lying to get a loan and then defaulting on making the payments is what is amoral.

The bankruptcy reform bill simply made it harder for the deadbeats to get out of paying their bills. If you get the money on loan, you have to pay it back. Which lender told you otherwise?

Of course, if you believe Obama, the Democrats are going to make laws so that people can buy houses or anything else on credit and never pay for anything. Having a squeeze, let someone else make that payment for you so you can stay in the McMansion you could never afford anyway. You bought a Plasma Big Screen on the card? Why should anyone have to pay for one of those? I can't wait untill the Dems announce their mandate that all debts are forgiven.

Sure thing. Being a lender is somehow the Dem definition of amoral. Punish those lenders.