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Eliminate Credit Card Debt News

Credit card crackdown coming soon!

Wednesday, December 17, 2008
The Fed is set to vote Thursday on a number of key protections for credit-card customers.
Issue #1: America's Money Crisis

Oh Gee, Wow! Hip, hip hurray! A crackdown on Credit Cards is comings soon on key protections for credit card customers. About time!


“NEW YORK (CNNMoney.com) -- Cash-strapped consumers might get some welcome news on Thursday when regulators vote to rein in controversial credit card practices.”


Oh. Might Get SOME welcome news.


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Posted on 12/17/08 at 19:57:06 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]

Credit-card industry pull back over $2 trillion of lines over next 18 months

Tuesday, December 16, 2008

The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.



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Posted on 12/16/08 at 18:06:50 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]

Debt Bailout? How will it effect you !

Sunday, December 14, 2008
Gerald Celente, trend expert, visionary, keynote speaker, is trusted worldwide as the foremost authority on forecasting, analyzing and tracking trends. Celente is author of Trends 2000, Trend Tracking (Warner Books) and publisher of the Trends Journal®.

Listen to both videos
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Posted on 12/14/08 at 16:50:29 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]

Stop Debt. Stop the talk …It’s time for Prison Time.

Wednesday, December 10, 2008
There is so much talk on TV, Radio and on The Net about High Crimes forget mistermeaner this is as high as it gets. The nation is on the line. The most likely suspect responsible are in high office. The question at hand is are we a nation of Law…The Constitution or a nation run by criminals?
FLASH: Get The Stocks (For The Fed) for an understanding of what is in store


Yes, I'm well-aware that such a proposal does not meet the definitions that permit indictment under 18 USC 2385, as violence and/or force is not being proposed - unless you consider destruction of the nation's currency and tax base a violent act, of course. In that case Bernanke has a 20 year long date with someone named "Bubba" in his future. It couldn't happen to a nicer guy.)


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Posted on 12/10/08 at 18:32:15 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]

Paulson and Bernanke Responsible For Toxic Debt

Monday, December 01, 2008
Paulson and Bernanke continue to talk about "stabilizing prices" in the housing market, but the truth is that housing prices remain too high.
Paulson and Bernanke continue to dissemble about trying to "address the slowdown" in the economy.
Nowhere have we seen, however, either of these clowns admits the following facts:
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Posted on 12/01/08 at 17:20:35 by Richard Garcia
Category: Credit Card Debt - The American Consumer - 0 comments - [Link to this item]




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