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I voted for Obama; but he continues to disappoint me. He promised to repeal: D.A.D.T. and D.O.M.A. and has done neither and even appears hostile, sometimes, on these issues.
But what is really getting me mad is the credit card reform; long overdue...these companies(IMHO) are nothing more than legal loansharks.
Though many aspects of the credit bill have helped to reign in these companies; one problem has been overlooked.
The card companies, now are jacking up the monthly minimum payment amounts and yes I know it is so you do not owe them money for decades.
However, I have never been late on my account of ten years. BUT my minimum payment went up 150%...$200.00 to $500.00. Thanx Obama, now the companies get richer faster and many more of us (ordinary) people will be forced into default/bankruptcy/foreclosure etc.
Who's side is he really on? Makes me wonder? Anyone with a similar story? All comments are welcome; but please be civil...my nerves are shot trying to refigure my finances!...LOL.
I voted for Obama; but he continues to disappoint me. He promised to repeal: D.A.D.T. and D.O.M.A. and has done neither and even appears hostile, sometimes, on these issues.
But what is really getting me mad is the credit card reform; long overdue...these companies(IMHO) are nothing more than legal loansharks.
Though many aspects of the credit bill have helped to reign in these companies; one problem has been overlooked.
The card companies, now are jacking up the monthly minimum payment amounts and yes I know it is so you do not owe them money for decades.
However, I have never been late on my account of ten years. BUT my minimum payment went up 150%...$200.00 to $500.00. Thanx Obama, now the companies get richer faster and many more of us (ordinary) people will be forced into default/bankruptcy/foreclosure etc.
Who's side is he really on? Makes me wonder? Anyone with a similar story? All comments are welcome; but please be civil...my nerves are shot trying to refigure my finances!...LOL.
When brainless people are angry because their minimum payment went up - duh - what can one say?
You need to thank G W Bush - both senior and junior - for all your problems. All the people who have lost their business, are unemployed, face and unsure future, or who is about to lose their home or business - thank G W BUSH.
Here's the cause for your disaster and it will take at least 7-8 to manage it (by the time Bush left office the deficit was over 800 trillion!):
When brainless people are angry because their minimum payment went up - duh - what can one say?
You need to thank G W Bush - both senior and junior - for all your problems. All the people who have lost their business, are unemployed, face and unsure future, or who is about to lose their home or business - thank G W BUSH.
Here's the cause for your disaster and it will take at least 7-8 to manage it (by the time Bush left office the deficit was over 800 trillion!):
GEE thanx for the history lesson; never knew Bush passed credit card reform. Your repugnant reply confirms your tact and intelligence level.
I like Obama, but he is not perfect...but apparently you are.
GEE thanx for the history lesson; never knew Bush passed credit card reform. Your repugnant reply confirms your tact and intelligence level.
I like Obama, but he is not perfect...but apparently you are.
Moderator cut: RUDE you don't get it that this country is deep in debt. When you are in debt, you are in DEBT; you're not gonna have any fringes falling in your lap, thousands of jobs becoming available, profits rushing in. You're not gonna get in the green for a long time. You may even have to take a loan. Moderator cut: RUDE
Bailout packages are not free money. They are a form of investment money, where the government expects to get the money back from revenue growth - with interest.
That banks overcharge people all the time is because they take advantage of them and seize any opportunity to make profits. This is exactly what has been proposed to change, so banks can't exploit customers.
Last edited by katzenfreund; 08-29-2009 at 09:52 AM..
When brainless people are angry because their minimum payment went up - duh - what can one say?
You need to thank G W Bush - both senior and junior - for all your problems. All the people who have lost their business, are unemployed, face and unsure future, or who is about to lose their home or business - thank G W BUSH.
Here's the cause for your disaster and it will take at least 7-8 to manage it (by the time Bush left office the deficit was over 800 trillion!):
Whoa, Clinton did a good job turning the deficit into a surplus, let's just hope Obama does a good job as well so the US could at least break even (or close to even).
Whoa, Clinton did a good job turning the deficit into a surplus, let's just hope Obama does a good job as well so the US could at least break even (or close to even).
Breaking even is probably the best we can do within the next 7-8 years. I do think this country has to reverse the free trade agreement that Bush signed with China asaps. The economy quickly became more unstable when that agreement was signed with our imports way overdoing our exports, and all production ended up from China after that. And of course, not being able to compete, others who had no intentions to buy from China was forced to bring their business there too. Its been a disaster.
And, stop all the import of "skilled laborers" from third world countries. Not only has it shown that most of them don't actually have the same level of qualifications, but they add to the financial burden in so many ways and we really don't need them. Instead, we need to invest monies to give the training we need for skilled laborers to emerge in this country.
Obama is trying. This is why, although I didn't vote on him, I have no complaints to give about him so far and think people rant for no sensible reasons about his first months in office.
Whoa, Clinton did a good job turning the deficit into a surplus, let's just hope Obama does a good job as well so the US could at least break even (or close to even).
The Republican House dragged him kicking and screaming to balance that budget. Always look at who is controlling the house and senate.
The Republican House dragged him kicking and screaming to balance that budget. Always look at who is controlling the house and senate.
Laughable poppykock. The effort to rebalance the federal budget had been already well underway for years before the the deluded Gingrich and company took the oath of office in 1995 and went running off on their tangents of deranged dogma. That budget effort arose of course out of the necessity to address the then-absurd levels of deficit that had been run up by Reagan and Bush-41, and it took a lot of hard work and serious effort by a lot of people on both sides of the aisle to get any progress made at all. But in the end, progress was made and trends were set and followed and they did lead to decreasing deficits, and with a nice run of economic expansion thrown in, to sizable budget surpluses. The Republican Congresses of the late 1990's contributed more or less nothing to this effort beyond the sort of mindless rant and rhetoric that has become the very hallmark of the right-wing. And of course, as of the very moment that these bozos took control of the White House in 2001, all of that decade and more worth of work went sailing straight out the window -- as if some spoiled brat of a frat boy had finally got his hands on his trust fund.
Moderator cut: RUDE you don't get it that this country is deep in debt. When you are in debt, you are in DEBT; you're not gonna have any fringes falling in your lap, thousands of jobs becoming available, profits rushing in. You're not gonna get in the green for a long time. You may even have to take a loan. Moderator cut: RUDE
Bailout packages are not free money. They are a form of investment money, where the government expects to get the money back from revenue growth - with interest.
That banks overcharge people all the time is because they take advantage of them and seize any opportunity to make profits. This is exactly what has been proposed to change, so banks can't exploit customers.
And noone has answered the credit card question? Minimum payment % went up from 2% to 5%...that's my beef...I am not against Obama...and the rude and childish comments should be kept in your own "mean" minds;of the first two posters and grow up!
Last edited by PITTSTON2SARASOTA; 08-29-2009 at 11:36 AM..
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