Credit Card Reform

Obama has just signed into law the Credit Card Reform Bill. This isn't good for anyone. This bill is going to make it significantly harder to get a credit card, which in turn, will lead to more pay day loans/advances, and other means which are worse than using a credit card. This bill will also make it very hard for eighteen year olds to get a credit card. College may go out the window for some people who can only afford to get by with one. I agree that credit card companies should be monitored a bit more closely, considering that they are misused, overused, and allow people to get into thousands of dollars of debt with virtually no way out. But this bill is only going to lead to another government bailout, more national debt for our children's children's children, and yet another government-ran industry.

If you still do not believe that our President is turning us into the USSA, you are going to be in for a rude awakening. It is only a matter of time before we are an entirely socialist country, which is extremely unfortunate. Already, job loss is at a 25 year high under the Obama administration. This is leading to more tax dollars for more unemployed people. More government jobs that only eat money rather than make it. The private sector is quickly disappearing. The only good thing that came out of this Credit Card "Reform" Bill, is that we are now allowed to carry our guns in public parks. Imagine that. Start clinging to your democracy, people.