“Being in a financial hole is as American as borrowing apple pie.” Colbert took on credit card reform last night. Here’s the clip. The best part is where his credit card is approved for its own credit card.
credit card reform
Get Informed About Credit Card Reform
As we prepare to talk credit card reform with the Obama folks, we want to make sure you’re all able to follow along at home. Inside, we present a cornucopia of fact sheets, charts, and links about the fight for credit card reform.
Austan Goolsbee Confirmed For Consumerist Interview
We’ve got the senior policy guy we’re interviewing on Thursday in DC about credit card reform confirmed, it will be Austan Goolsbee, senior economic adviser to Obama. We’ll be shooting it in the Eisenhower Executive Office Building next to the White House. This should make for a good interview! Besides lengthy academic credentials in business and behavioral economics, Goolsbee often acts as Obama’s surrogate, is an extemporaneous debate champ, Skull & Bones member, and from Chi-town, so Meg can rap with him about sport peppers.
House To Pass Credit Card Reform, Tell The Senate To, Too
The House is expected to pass the Credit Cardholders’ Bill of Rights Act today, and the Senate is considering similar legislation. The Senate battle will be harder, but you can help!
House Passes Credit Card Bill Of Rights… But Senate Is Too Busy With The Bailout
The House of Representatives passed legislation that’s commonly known as the Credit Cardholders’ Bill of Rights today, but the bill is expected to be ignored by the Senate while they work on that whole $700 billion bailout thing.
Consumers: We're Mad As Hell And We're Not Going To Charge It Anymore!
Once upon a time, Peter Finch won an Oscar for telling us to go to our window, open it, and yell, “We’re mad as hell and we’re not going to take this anymore!” Now thousands and thousands of consumers are doing just that, but instead of yelling out their windows, they’re yelling at the Federal Reserve in the form of a record breaking number of public comments about some proposed credit card reforms. Not as sexy as yelling like a madman, but far, far more effective.