"Charging" Our Way to Socialism!

Hmmm...Congress is close to passing a bill (thru one house already) that will restrict credit card companies from charging higher interest rates to those who carry balances. This will reduce credit card company revenue (boo hoo, I know). Here's the problem: where do you think the CC companies are going to go to make that revenue up? How about charging more to the people who pay their balance off every month?

Remember when we all had to pay annual fees on CC's? The companies then started rewarding responsible customers by waiving this fee and charging lower rates. That's how Cap One got to be so big. Then we started getting offers for 0% for so many months etc. Now, all that will probably go away because the CC companies will start charging the responsible people more to make up for what the irresponsible are no longer paying.

So, they will take from the "successful" and give to the "less fortunate."

My, where have we seen this concept before?

So, to recap, the federal govt now controls:

• banking
• manufacturing (auto industry and its suppliers)
• credit cards
• education (thru the "blackmail" of federal funding)
• higher education (coming soon)
• healthcare (coming soon)
• firearms (coming soon thanks to CIFTA, if it passes)
• firearms (even if CIFTA fails, there are still the other 20,000 gun laws on the books)
• freedom of speech (just kidding...sort of)
• your thoughts (refer back to education)
• and anything else they might think of

Did I leave anything out?

Welkome to United Socialist States of Amerika. Please check your freedoms and any notions of liberty at the door, comrade. And have a nice day.