tag:blogger.com,1999:blog-11719208.post1107320768389200765..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Credit card changes to spur more frugality?Timhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-11719208.post-58518552737151435032010-07-28T04:45:00.873-07:002010-07-28T04:45:00.873-07:00Great article! Thanks a lot! Also thanks to Victor...Great article! Thanks a lot! Also thanks to Victoria for sharing borrowernews.comRichardhttps://www.blogger.com/profile/10072389623768202790noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-80528952120231418032010-07-24T21:40:17.236-07:002010-07-24T21:40:17.236-07:00This is the only rational use of a credit card, as...This is the only rational use of a credit card, as more convenient than checks. I delude myself that the float on a credit card is more valuable than a debit card in these times of near zero deposit rates. I have been receiving a lot of T&C mail from VISA lately, which tells me some new legislation is about to take effect.<br /><br /><br /><br /><a href="http://borrowernews.com" rel="nofollow">credit information</a>Victoriamabelnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-39253897469392589782010-01-08T20:04:31.119-08:002010-01-08T20:04:31.119-08:00in 1980, Congress removed local state control of i...in 1980, Congress removed local state control of interest rates and usury regulations. if Congress really cared about the 2/3's of the consumer spending economy, they would repeal federal usury controls and revert back to state control. in Oregon the maximum interest rate would then revert to 15.0%. Congress and the president are so disinterested in consumers and citizens of this country.. they keep surfing the 'unintended consequences' wave, pretending they don't apprehend the 'consequences'... Probably until we get the campaign money out of the system, the future is preordained... or somehow coerce congress to adhere to the best interests of the constitution, the country and her constituents...<br /><br />- Disgusted.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-69574204409003562232010-01-04T09:13:07.547-08:002010-01-04T09:13:07.547-08:00The central bank does not appear to care if their ...The central bank does not appear to care if their policies bankrupt the nation. That is a long run problem, and they only care about the short run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-78487733045688399762010-01-04T04:44:20.700-08:002010-01-04T04:44:20.700-08:00Increasingly, it seems the goal is to bankrupt the...Increasingly, it seems the goal is to bankrupt the system.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-79459136275959968782010-01-04T03:19:35.076-08:002010-01-04T03:19:35.076-08:00The central bank's goofy policy of encouraging...The central bank's goofy policy of encouraging citizens to borrow so as to make up for "excessive" overseas savings is not sustainable in the long run. Now Ben wants the US government to borrow more to make up for private citizens not borrowing enough any more. Ben expects for force private citizens to borrow more again when the government is maxed out.<br /><br />This is crazy. Stop Ben from printing. Let US citizens actually save for their future. Overseas countries can take care of their own savings/unemployment rates.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-64385488067291293402010-01-03T19:16:18.733-08:002010-01-03T19:16:18.733-08:00This comment has been removed by the author.Shawnhttps://www.blogger.com/profile/17762876417984623835noreply@blogger.com