Remember the good old days. You don’t have to remember too far back.

1. Zero Percent lines of credit card offers in the mail almost everyday.

2. Just one call and you could have your credit limits increased.

3. Why your High School graduate could start College in the fall with a “don’t leave home with out it” credit card.

4. You knew when the Credit card bill was due. There was even a grace period.

5. Did I mention those wonderful low interest rates beyond the 0% introductory rate.

Well it’s all over now. The big shoots at the Bank have learned that there is a better way to dig deep into your pocket to the tune of hundreds of billion dollar Government Bailouts. They are tightening up credit on all fronts.
Click here Credit-Card Companies: Who Qualifies Now?

After years of getting Americans hooked on credit, card companies are slashing limits and weaning themselves off all but the safest customers.
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The Missing Money
Catherine and News & Commentary,June 14, 2009 at 10:06 pm

Wayne Gretzky once said, when asked the secret of his success at ice hockey, “I skate to where the puck will be.”

It is for the same reason I keep bringing up the issue of money missing from the US federal government and the possibility that collateral fraud and counterfeiting of US government and agency securities were instrumental in facilitating the transfers.

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