Fed adopts rules to protect credit card customers

The Federal Reserve adopted new rules Tuesday aimed at protecting credit card customers from getting socked by lofty late payment charges and other penalty fees.

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“Truth to Power!”

Since: Apr 07

Canton, OH

#1 Jun 16, 2010
Payment charges and fees ARE NOT THE PROBLEM. Those make sense to deter bad or late payment problems.

It's the 20%-30% Interest Rates on the Balance Every Month that is the Problem.

“Truth to Power!”

Since: Apr 07

Canton, OH

#2 Jun 16, 2010
Why did Obama suck so badly on his Oil Spill speech?

Incompetence? Ignorance? Arrogance?
fgh

Cincinnati, OH

#3 Jun 16, 2010
Global financial reforms are long overdue. And the mega-banks had to be stabilized, they are too interconnected in the financial system we are all dependent on. Now they should be broken up into smaller pieces so this cannot happen again -- saw a cool site; Balkingpoints ; incredible satellite view of earth

“More taxes ???”

Since: Jan 09

Need MORE taxes ???

#4 Jun 16, 2010
protect credit card users ???? Boylony !!!

“Historic American Greatness”

Since: Jun 07

The President & his AG

#5 Jun 16, 2010
Best believe that if the republicans were in power there wouldnít be any rules to protect the public from these ridiculous fees and interest rates by Credit Card Companies.
Thank God we voted those right-wingers out, and put the Democrats in.

Since: Apr 08

Location hidden

#6 Jun 16, 2010
Marine Corp Pat wrote:
Best believe that if the republicans were in power there wouldnít be any rules to protect the public from these ridiculous fees and interest rates by Credit Card Companies.
Thank God we voted those right-wingers out, and put the Democrats in.
Curious. I recall a time when the Republicans were in office that the interest rates were capped at 12%. You'd know that if you weren't such a child.

“Kiss Me You Fool!”

Since: Jan 08

Atlanta via Brooklyn NY

#7 Jun 16, 2010
Marine Corp Pat wrote:
Best believe that if the republicans were in power there wouldnít be any rules to protect the public from these ridiculous fees and interest rates by Credit Card Companies.
Thank God we voted those right-wingers out, and put the Democrats in.
Amen.

If we had ask for more safety rules from big oil, they would also be complaining. Now, they don't complain , they even suggest more regulations.

Always late to the party, as they defend big business against the U.S. taxpayer.

“Kiss Me You Fool!”

Since: Jan 08

Atlanta via Brooklyn NY

#8 Jun 16, 2010
The laughing liberal wrote:
Why did Obama suck so badly on his Oil Spill speech?
Incompetence? Ignorance? Arrogance?
Shoulda had hand notes.

“Kiss Me You Fool!”

Since: Jan 08

Atlanta via Brooklyn NY

#9 Jun 16, 2010
disenchanted taxpayer wrote:
protect credit card users ???? Boylony !!!
"I've abandoned free market principles to save the free market system."

--George W. Bush, Washington, D.C., Dec. 16, 2008
Wartime

United States

#10 Jun 16, 2010
OneRyder wrote:
<quoted text>
Amen.
If we had ask for more safety rules from big oil, they would also be complaining. Now, they don't complain , they even suggest more regulations.
Always late to the party, as they defend big business against the U.S. taxpayer.
"Amen"??? WTF, you must be praying to Satan. Or to your freedom, prosperity, and security thieving democrat nannies. Whoops, same thing.

So you absolve Obmam's Interior Deprartment for NOT ENFORCING existing regulations?

Obama administration blocked efforts to stop BP oil drilling before explosion....
http://www.wsws.org/articles/2010/may2010/oil...

Or perhaps him and his national socialist democratic party for taking up to $16 million in BP lobbying to influence legislation (including $71,000 directy to Obama)?

Obama the top recipient of donations from BP - May 3rd, 2010....
http://hotair.com/greenroom/archives/2010/05/...
.
.
Obviously you missed this post (and two dozen others). Along with facts, truth, and reality. Not that anyone's the least bit surprised.

From the Laughing Liberal...
http://www.topix.net/forum/us/politics/TJNB1L...

How is Obama's Katrina this Presidents fault? Iíll show you:

Let's look what Obama did BEFORE the Oil Rig Blowout & Explosion.

1- Obama CUT Oil Rig SAFETY Inspections to the Horizon rig and many Others. Another rig is now leaking too!

2- Obama granted BP Categorical Permit Exemptions to BP for this particular Rig & Well.

3- Obama stopped an injunction that would have stopped Offshore drilling in 2010.

4- Obama announced Expansion of Offshore Drilling and claimed it was Safe but turns out he didn't have a clue.

Note: The Leaking Well is in Federal Waters and the Federal Gov has Jurisdiction.

With the Above facts showing Gov policy reducing Safety it's also important to note the Massive Failures AFTER the RIG Exploded.

1A- The Blowout preventer Failed, meaning oil & gas are coming up the pipe spewing on the rig. WHY did the coast guard think they had the fire under control?

1B- Given the (Obama's controlled) coast guards major miscalculation on the fire, WHY did they think the Rig Wouldn't SINK?

2A- Given the fact that the Rig Sunk, WHY didn't Obama's coast guard think it wouldn't still be spewing oil from the broken pipe?

2B- Given the fact that the Oil was obviously still spewing underwater, WHY didn't the Obama admin and coast guard make preparations for this from DAY 1?

3- Given the fact that Oil was still spewing underwater after the Rig Sank, WHY didn't Obama follow the "Emergency Burn plan" developed after the Valdez disaster?

4- Given the Emergency Burn plan, WHY didn't Obama have the equipment needed to perform the Emergency Burn plan?

5- Given the size of the Spill, WHY did the Obama admin REJECT HELP OFFERS and Major Ships/Equipment from the Dutch on Day 3?

6- Given the fact that Oil can't be clean unless on the surface or on land, WHY DID OBAMA ALLOW IT TO BE SUNK?

7- Given the Obama order to SINK the Oil, why did he allow a Banned Dispersant known to be very harmful to human respiratory and reproductive health?
Wartime

United States

#11 Jun 16, 2010
OneRyder wrote:
<quoted text>
"I've abandoned free market principles to save the free market system."
--George W. Bush, Washington, D.C., Dec. 16, 2008
Obama's MANY Gaffes #1
&fe ature=related

Stuttering Barry
http://www.youtube.com/watch...

Barack Obama Stuttering Uh Montage
http://www.youtube.com/watch...

Obama Without His Teleprompter
http://www.youtube.com/watch...

Obama Speech - Teleprompter Goes Out
http://www.youtube.com/watch...

Obama gets lost reading his teleprompter
http://www.youtube.com/watch...

OBAMA THANKS HIMSELF!!!
http://www.youtube.com/watch...

Obama Claims He's Visited 57 States
http://www.youtube.com/watch...

Obama Sneezes on a Reporter
http://www.youtube.com/watch...

Barack Hussein Obama refuses to salute US flag
http://www.youtube.com/watch...

Obama Mocking the Bible
http://www.youtube.com/watch...

Obama Admits He Is A Muslim
http://www.youtube.com/watch...

Obama's Youtube Arrogance Just Became A Nightmare
http://www.youtube.com/watch...

Barack Obama - Blithering Idiot - Bristol, VA 6/5/08
http://www.youtube.com/watch...

Barack Obama - Gaffe Mania I - Dumber than Dumb
http://www.youtube.com/watch...

Barack Obama - Gaffe Mania II - Hero of the Stupid
http://www.youtube.com/watch...

Barack Obama - Gaffe Mania III - Dopey Dildock
http://www.youtube.com/watch...
Wartime

United States

#12 Jun 16, 2010
Bama Yankee wrote:
<quoted text>
Curious. I recall a time when the Republicans were in office that the interest rates were capped at 12%. You'd know that if you weren't such a child.
I also recall a time when the government hadn't taken over 51% of the US economy, and didn't want to rob every possible freedom and liberty, nor tax every hair on your head.

If Reich Chancellor Obama had told the truth about his radical anti-American marxist agenda, Americans would've frog-marched him to the nearest Supermax. He doesn't have an honest bone in his body. Never did, and never will.

People should realize that Obama's true agenda and radical, communist, corrupt, and union alliances are as anti-American as they come, and the more he can prolong crisis and disempower Americans via regulations, taxes, and crippling debt, the more power he can consolidate, and thus complete his marxist agenda for the takedown of America per his goals of wealth redistribution and social justice.

To Obama, American enterprise, sovereignity, exceptionalism, and our Constitution are evil, and he's hell-bent on eliminating all of it as he seeks to force equality of outcomes. In his warped radical marxist mind, we are far too well off, relative to those that don't -- both here AND in the rest of the world -- so he is tearing down opportunity and success to equalize America (internally and externally). He has no concept of America, merely that to take it down is to force equality of outcomes -- the liberal utopia. And the Alinsky tactics and ruthless Chicago-style politics he uses to ram through his agenda (while villifying dissent from Americans and bowing and apologizing to foreign leaders) is despicable.(The latest being Arizona=bad, Calderon=good).

Meanwhile, after taking over 51% of the US economy (finance, banking, health insurance, student loans, and automotive, and soon to be 60% with his pending cap & trade energy takeover), his latest policy is to release details of US military testing. He has jeapordized our security (financially, economically, and militarily), increased our subservience to communist China (who own our debt), and is allowing Iran to get the bomb. Did you hear about the loophole in his cave-to-Russia agreement that didn't preclude Russia from selling Iran cutting-edge ground-to-air missile defense (which will enable Iran to shoot down missiles and aircraft)? Watch for Israel to move before those armaments are put in place. But remember that for Obama, any distraction, any crisis (including a war between North and South Korea) are good things, since anything that distracts from or by default lessens objections to his disingenuous agenda is all good.

Shame on America.

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#13 Jun 16, 2010
More Like

"Fed adopts rules to protect themselves and easier to go after credit card customers"

Now that is the more truthful version
Wartime

United States

#14 Jun 16, 2010
The laughing liberal wrote:
Why did Obama suck so badly on his Oil Spill speech?
Incompetence? Ignorance? Arrogance?
At their core, Reich Chancellor Obama and his entire national socialist democratic party embody warped liberal concepts of wealth redistribution, forced equal outcomes, anti-capiltalism, radical marxist ideology, rejection of American exceptionalism and sovereignity, and the rejection of the founding principles of the US Consitution.

Also keep in mind that "social justice" in the warped mind of this lifelong radical, unAmerican activist applies not merely to the US internally, but of the US relative to the world. Thus he will continue to apologize for, refuse to defend, and tear down success and lower our standard of living until we're equally as miserable as all other countries.

That term also applies to his radical view of the US Constitution as a "living document", one that must be changed to support social change, aka social justice. It's also in great part why he's radically (and unConstitutionally) expanding government powers -- taking over more than 51% of the US economy (banking, finance, insurance, education, automotive, healthcare, and soon to be 60% with his cap & trade energy takeover), and eroding freedoms and liberties at a pace unheard of in our 234 year history.

After this unAmerican radical is impeached and his collusive national socialist democratic party is ousted, we'll need to repeal every GD thing he and they have done.

“Historic American Greatness”

Since: Jun 07

The President & his AG

#16 Jun 16, 2010
OneRyder wrote:
<quoted text>
Amen.
If we had ask for more safety rules from big oil, they would also be complaining. Now, they don't complain , they even suggest more regulations.
Always late to the party, as they defend big business against the U.S. taxpayer.
You obviously havenít seen the latest statement from that right-wing nut Michelle Bachmann about the Presidentís success in getting BP to put up 20 billion in an escrow for the Gulf, and another 100 million for oil rig workers because of the moratorium on drilling.

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#17 Jun 16, 2010
customers from getting socked by lofty late payment charges and other penalty fees

YEA WRIGHT

http://wwwamericanpatriot-vance.blogspot.com/

Since: Apr 08

Location hidden

#18 Jun 16, 2010
Marine Corp Pat wrote:
<quoted text>
You obviously havenít seen the latest statement from that right-wing nut Michelle Bachmann about the Presidentís success in getting BP to put up 20 billion in an escrow for the Gulf, and another 100 million for oil rig workers because of the moratorium on drilling.
You are so freaking ignorant that I have to wonder whom it is that turns your computer on for you 'cause you sure aren't smart enough to do it yourself.
Drink The Hive

Orlando, FL

#19 Jun 16, 2010
Bama Yankee wrote:
<quoted text>
You are so freaking ignorant that I have to wonder whom it is that turns your computer on for you 'cause you sure aren't smart enough to do it yourself.
My Nombre Is Julio Gonzales Motorola Cisco Please,Can U Tell Me Where's DCF So I Can Apply 4 Food Stamps,Muchos Gracias

Muchos Love 4 The Amerikanos.
Buck

Livonia, MI

#20 Jun 16, 2010
Bama Yankee wrote:
<quoted text>
Curious. I recall a time when the Republicans were in office that the interest rates were capped at 12%. You'd know that if you weren't such a child.
Who Nixon?
toldyouso

Voorhees, NJ

#21 Jun 16, 2010
The laughing liberal wrote:
Why did Obama suck so badly on his Oil Spill speech?
Incompetence? Ignorance? Arrogance?
teleprompter problems. He didn't know what he was supposed to be spouting and he can't think for himself so he flubbed it.

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