Tuesday 19 May 2009

Rein in credit card industry

Senate OKs bill to rein in credit card industry

http://news.yahoo.com/s/ap/20090519/ap_on_go_co/us_congress_credit_cards

The Senate voted overwhelmingly on Tuesday to rein in credit card rate increases and excessive fees, hoping to give voters some breathing room amid a recession that has left hundreds of thousands of Americans jobless or facing foreclosure.
=> is that economic perspective or pleasing voters actions?

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