"KEEP YOUR CREDIT CARDS AT HOME"

The Credit card companies are lobbying the White House to "NOT" impose new rules and regulations and "NOT" to cap interest rates. Send your congressman, Senator and the President a message. Go further and send them a copy of your credit card statement and ask your elected officials for some of the "TARP MONEY" to pay it off and state to your congress-person that you will pay the TARP money back at "0%" interest over a 7 to 10 year period.

You see, I don't believe all,if any of the TARP MONEY TO BANKS,will ever be repaid,let alone with interest. 500+ billion just vanished into thin air. If the TARP money is sent to credit card holders or if you send your statements to the Chief of TARP Distribution, (GEITNER), maybe he will pay your bill and in return, All us U.S. Citizens who are lending the banks with our tax money(tarp dollars, can over time repay our small Tarp loans at ZERO% interest.

I see a balance in my idea. Does anyone agree or disagree.

I truly believe, Congress should authorize that every American citizen who paid taxes in 2008, should receive a government issued credit card with $6,000.00 on it, as long as you the tax-payer didn't gross more than $120,000 in 2008.

The money in the consumers hand will go to necessities, medical care, vacations and cars, and most of all food and paying down high interest credit cards.

The politicians think the American People are stupid, they continue to pass IDIOT LAWS. I can tell you this in New Jersey, I will not vote for any candidate that is a lawyer, Democrat or Republican. The elected lawyers in Washington have screwed up this nation with their legalise.

All new legislation and contracts should be written in common English and be clear and understandable to someone who has not read beyond an 8th grade education.

Senator Chris Dodd Darling of Wall Street

I have taken excerpts from an article written by Andrew Miga of the Associated Press from his headline: "Dodd taps Wall Street for re-election."
I have added my own opinion along with the excerpts from the Associated Press story.

The Associated Press reported today by Writer Andrew Miga that "Wealthy Wall Street Executives may be outcasts to some Americans,but not to Democratic Senator Chris Dodd." ...The Senator is Chairman of the Senate Banking Committee and is begging for dollars. He is in a tight race in his home state of Connecticut.

Senator Dodd a five term Senator, has raised One-Million Dollars;$100,000 in the first three months of this year from Political Action Committees (PACS) from Financial,Insurance,and the Real Estate Organizations. Some of his donors include:
American Insurance Association, Mortgage Bankers Association, Vanguard, Oppenheimer Funds, Charles Schwab, The Real Estate Roundtable, and Ameriprise Financial and I am sure more PACS will donate. Dodd Raised $609,000 from individuals from companies Fidelity group, Citigroup, Citizens Financial,among the larger donors.

From Residents of his home State of Connecticut he raised a meager $4,250.00! WOW!,what does that say about Chris Dodd at home. He is the guy who will block any effort to limit credit card interest rates to 10% nationally, he is the Senator who will block pro-consumer efforts to eliminate costly ripoff fees and surcharges on your credit cards.

To all those who care, its time for Senator Chris Dodd to retire, even if it means a Republican will be elected in his place.
Contact the Senator and tell him you want Credit Interest Rates capped and limited to 10%. No surcharges on bills and no over the limit fees, and limit late fees to not more than $10.00 per payment period, along with a 7 to 14 day payment grace period for all credit card holders and users.

Remember CASH IS KING, USE PAYPAL, if your supplier doesn't use paypal, suggest they begin using Paypal, or buy from another supplier.

Go Phillies