Comments on: Now that the damage is done, our President pledges Credit Card reform http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/ Sat, 21 Nov 2009 15:25:27 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: cali http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195957 cali Sun, 26 Apr 2009 06:12:56 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195957 The rat bastard has some nerve. He never gave a damn about credit card interest caps when he was a Senator. He voted AGAINST them. http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=109&session=1&vote=00020 The rat bastard has some nerve. He never gave a damn about credit card interest caps when he was a Senator. He voted AGAINST them.

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=109&session=1&vote=00020

]]> By: Ellen D http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195945 Ellen D Sun, 26 Apr 2009 05:41:28 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195945 I don't understand how the credit ratings make any sense if everyone has had their credit lowered through no actions of their own. Does that mean there is now NO ONE over 700? This makes as much sense as the coo coo investment rating services whose top ratings are bought and paid for by investment banks. I'm struggling to figure out who you can trust any more. I feel like Alice in Wonderland. I don’t understand how the credit ratings make any sense if everyone has had their credit lowered through no actions of their own. Does that mean there is now NO ONE over 700?
This makes as much sense as the coo coo investment rating services whose top ratings are bought and paid for by investment banks.
I’m struggling to figure out who you can trust any more. I feel like Alice in Wonderland.

]]> By: Uppity Woman http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195780 Uppity Woman Sat, 25 Apr 2009 22:59:44 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195780 Tonselectomies and hysterectomies. Women and children. Just the kind of folks larry hates. I think all the viagra is adding too much cost to health care. And speaking of "ectomies," Larry's father should have had a vasectomy. Tonselectomies and hysterectomies. Women and children. Just the kind of folks larry hates. I think all the viagra is adding too much cost to health care. And speaking of “ectomies,” Larry’s father should have had a vasectomy.

]]> By: IndianaDem http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195759 IndianaDem Sat, 25 Apr 2009 22:12:32 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195759 Wait... I think maybe I get it. People who have allowed themselves to be misused by finance companies want <em>reparations</em>? Wait… I think maybe I get it.

People who have allowed themselves to be misused by finance companies want reparations?

]]> By: IndianaDem http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195755 IndianaDem Sat, 25 Apr 2009 22:07:18 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195755 All of these years of finance industry abuse and <em>absolutely nothing was done</em>. Now Barack Obama pledges prompt and effective action, and we're angry at <em>him</em>? All of these years of finance industry abuse and absolutely nothing was done. Now Barack Obama pledges prompt and effective action, and we’re angry at him?

]]> By: foxyladi14 http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195737 foxyladi14 Sat, 25 Apr 2009 21:37:46 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195737 the hipster potus well how bout that.. the hipster potus well how bout that..

]]> By: foxyladi14 http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195734 foxyladi14 Sat, 25 Apr 2009 21:27:33 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195734 CASH IS KING.. CASH IS KING..

]]> By: foxyladi14 http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195733 foxyladi14 Sat, 25 Apr 2009 21:23:29 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195733 good for you UPP.. good for you UPP..

]]> By: foxyladi14 http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195730 foxyladi14 Sat, 25 Apr 2009 21:20:26 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195730 VOTE.VOTE VOTE.. VOTE.VOTE VOTE..

]]> By: fif http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195686 fif Sat, 25 Apr 2009 20:05:30 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195686 Made a comment and it went into moderation. Please rescue. Made a comment and it went into moderation. Please rescue.

]]> By: fif http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195685 fif Sat, 25 Apr 2009 20:04:41 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195685 Unless this is going to be retroactive, it’s all bullcrap. Thank you! I just got into a fierce argument with Chase last week, after they sent me a late statement (after the due date), charged me a late fee, and refused to waive it. I've never been late on a payment. I paid it off and canceled the card--thus screwing up my credit. They didn't give a damn. Just got my last statement, and there's an additional charge for the interest due during the time I knew nothing about because they sent my statement late?!? Of course, I know I have absolutely no recourse. I called, and again, they didn't give a damn. I know several people who have received notice of arbitrary and significant interest rate hikes. Knowing this recent show of what a Super Super Guy BO is is another PR opportunity, what makes me sick is that it works. Someone in my office this week, an older woman who has repeatedly been screwed by credit card interest rate hikes, said, "Well, let's wait and see what happens since Our President is going to bat for us with the credit card companies!" My stomach turned. He's a fraud, and it works. People are suckers for some good propaganda, and he and Axelrod make Rove look like a beginner. Unless this is going to be retroactive, it’s all bullcrap.

Thank you! I just got into a fierce argument with Chase last week, after they sent me a late statement (after the due date), charged me a late fee, and refused to waive it. I’ve never been late on a payment. I paid it off and canceled the card–thus screwing up my credit. They didn’t give a damn. Just got my last statement, and there’s an additional charge for the interest due during the time I knew nothing about because they sent my statement late?!? Of course, I know I have absolutely no recourse. I called, and again, they didn’t give a damn. I know several people who have received notice of arbitrary and significant interest rate hikes.

Knowing this recent show of what a Super Super Guy BO is is another PR opportunity, what makes me sick is that it works. Someone in my office this week, an older woman who has repeatedly been screwed by credit card interest rate hikes, said, “Well, let’s wait and see what happens since Our President is going to bat for us with the credit card companies!”

My stomach turned. He’s a fraud, and it works. People are suckers for some good propaganda, and he and Axelrod make Rove look like a beginner.

]]> By: Tricia Spiegel http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195618 Tricia Spiegel Sat, 25 Apr 2009 17:55:22 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195618 This all just makes me sick. Where's my pitchfork? This all just makes me sick. Where’s my pitchfork?

]]> By: gonzotx http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195591 gonzotx Sat, 25 Apr 2009 17:07:37 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195591 TERM LIMITS TERM LIMITS TERM LIMITS TERM LIMITS TERM LIMITS TERM LIMITS TERM LIMITS TERM LIMITS

]]> By: gonzotx http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195589 gonzotx Sat, 25 Apr 2009 17:06:12 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195589 B+? , PUT DOWN THE KOOL AID B+? , PUT DOWN THE KOOL AID

]]> By: John Smith http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195551 John Smith Sat, 25 Apr 2009 15:43:01 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195551 Now that was a very intelligent answer. I have no clue what you are talking about. Now that was a very intelligent answer. I have no clue what you are talking about.

]]> By: Chelsea Patriot http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195538 Chelsea Patriot Sat, 25 Apr 2009 15:19:13 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195538 Terms Limits do not even work. Here in NYC, Voters have twiced approved term limits in referenda. The NYC City Council, at the bequest of Mike Bloomberg, over turned the term limits, allowing themselves and Bloomberg the opportunity to run for a third term. This is beyond party affiliation. Christine Quinn and The City Council are Democrats and God Only Knows what Bloomberg is calling himself these days. I guess he's back to being a Republican. This is about Corporations vs. The American people Even if term limits are inacted, there is no gurantee the politicians will respect them. Terms Limits do not even work.

Here in NYC, Voters have twiced approved term limits in referenda.

The NYC City Council, at the bequest of Mike Bloomberg, over turned the term limits, allowing themselves and Bloomberg the opportunity to run for a third term.
This is beyond party affiliation. Christine Quinn and The City Council are Democrats and God Only Knows what Bloomberg is calling himself these days. I guess he’s back to being a Republican.
This is about Corporations vs. The American people
Even if term limits are inacted, there is no gurantee the politicians will respect them.

]]> By: Tuppence411 http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195524 Tuppence411 Sat, 25 Apr 2009 15:04:46 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195524 Another example of the middle/working class of this country having a huge target with $$ signs on our backs. No matter who is screwing up, <strong>we</strong> pay for it. Bad decisions and greed at the top? No problem the middle will pay for it. Lack of personal responsibility at the bottom? No problem, the middle will pay for it. I a sick of paying for Wall Street bonuses AND the slacker down the street who ran up 30K in debt living large with no way to friggin pay for it. Silly me- I thought you actually had to re-pay charges on your card. I didn't realize they would just hike Uppity's rates to cover my losses. Sh!t-I should have booked that long vacation to Hawaii...... Another example of the middle/working class of this country having a huge target with $$ signs on our backs. No matter who is screwing up, we pay for it. Bad decisions and greed at the top? No problem the middle will pay for it. Lack of personal responsibility at the bottom? No problem, the middle will pay for it. I a sick of paying for Wall Street bonuses AND the slacker down the street who ran up 30K in debt living large with no way to friggin pay for it.

Silly me- I thought you actually had to re-pay charges on your card. I didn’t realize they would just hike Uppity’s rates to cover my losses. Sh!t-I should have booked that long vacation to Hawaii……

]]> By: Tuppence411 http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195494 Tuppence411 Sat, 25 Apr 2009 14:37:37 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195494 Notice he said "health of the population", shifting the focus away from an individual's health outcome. Yeah, sure Larry, it may be "better" (cheaper) for society to pump the kid with cheap antibiotics and tylnenol every few months for a few years than pay for surgery, but not for the child if he is missing too much school, can't go out and play- basically can't learn and develop because his throat hurts alot and often. When does his health outcome factor into the decision-making process? Are there too many tonsillectomies? Of course there are. It's a simple way for surgeons and hospitals to make a very quick buck. But the answer to that problem is not to ration the procedure for everyone. Notice he said “health of the population”, shifting the focus away from an individual’s health outcome. Yeah, sure Larry, it may be “better” (cheaper) for society to pump the kid with cheap antibiotics and tylnenol every few months for a few years than pay for surgery, but not for the child if he is missing too much school, can’t go out and play- basically can’t learn and develop because his throat hurts alot and often. When does his health outcome factor into the decision-making process?

Are there too many tonsillectomies? Of course there are. It’s a simple way for surgeons and hospitals to make a very quick buck. But the answer to that problem is not to ration the procedure for everyone.

]]> By: I'm a Linda too http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195472 I'm a Linda too Sat, 25 Apr 2009 13:59:52 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195472 speaking of losing on savings. You should be here in a state where the Governor as played his pay for play scheme EVERY WHERE and now even our mandated pay role deducted Retirment funds from the state, he directed funds be placed with his money men who proceded to rape and lose hundreds of millions in their pay for pay schemes. Everyone thought not turning over the public employee retirement ass plan to Gov. Richardsn, AS HE WANTED, was safe, but he managed to infiltrate it anyhow through Money Managers, etc. The new Car Czar is now linked to Billie Boy Richardson for the pay for play scheme. And, just when you think it cant get worse with this down economic situation and losing all this money, Billie Boy Richardson makes law to demand an auto increase in the demanded deductions for the retirement plan from each employees pay bheck for at least the next 2 years. YEP! http://www.huffingtonpost.com/2009/04/22/pension-fund-scandal-expa_n_190347.html speaking of losing on savings. You should be here in a state where the Governor as played his pay for play scheme EVERY WHERE and now even our mandated pay role deducted Retirment funds from the state, he directed funds be placed with his money men who proceded to rape and lose hundreds of millions in their pay for pay schemes.

Everyone thought not turning over the public employee retirement ass plan to Gov. Richardsn, AS HE WANTED, was safe, but he managed to infiltrate it anyhow through Money Managers, etc.

The new Car Czar is now linked to Billie Boy Richardson for the pay for play scheme.

And, just when you think it cant get worse with this down economic situation and losing all this money, Billie Boy Richardson makes law to demand an auto increase in the demanded deductions for the retirement plan from each employees pay bheck for at least the next 2 years. YEP!

http://www.huffingtonpost.com/2009/04/22/pension-fund-scandal-expa_n_190347.html

]]> By: PainkillerJayne http://www.noquarterusa.net/blog/2009/04/25/now-that-the-damage-is-done-our-president-pledges-credit-cardreform/#comment-1195468 PainkillerJayne Sat, 25 Apr 2009 13:55:30 +0000 http://www.noquarterusa.net/blog/?p=22610#comment-1195468 beebop I voted against that issue. It was absolutely pay to play.The check cashing places were taking money away from credit card companies. beebop I voted against that issue. It was absolutely pay to play.The check cashing places were taking money away from credit card companies.

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