Dec 18, 2008

Thanks For Barely Helping

Our government is remarkably lame. Today the Fed set up new rules for out of control credit card companies. Watch out! They are fucking brutal!
Federal regulators on Thursday adopted sweeping new rules for the credit card industry that will shield consumers from increases in interest rates on existing account balances among other changes.

The rules, which take effect in July 2010, will allow credit card companies to raise interest rates only on new credit cards and future purchases or advances, rather than on current balances.
Oh, yeah! 2010 bitches! Suck on that credit card companies! You fucked with the wrong government!

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