18 June 2010

And People Wonder Why We Are In The Mess We Are In

So let me get this straight -- a lot of people recklessly ran up their debts on their credit cards. Pandering to the irresponsible, the Democrats enact a bunch of restrictions on the banks so they won't be able to make as much money fleecing their free-spending credit card customers.

The Democrats pat themselves on their backs, to the applause of the media.

Meanwhile, the banks, looking to replace the revenue lost because of the regulations, turn to their responsible customers, and move to end free checking. See story here: End Is Seen to Free Checking

So we promote a system that protects irresponsibility and punishes the responsible.

Brilliant. Just brilliant.

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