Credit Card Reform Bill

Anon

Commy wrote:

wait. you're suggesting martial law for these kids?>


when we were in highschool we spent more than a few schools nights with no sleep. we never shot anybody either.

I'm suggesting parental responsibility for these kids. People need to stop blaming an object and start looking at the real reason they are doing what they are doing.

keeponrockin

JB811 wrote:

Commy wrote:

wait. you're suggesting martial law for these kids?>


when we were in highschool we spent more than a few schools nights with no sleep. we never shot anybody either.

I'm suggesting parental responsibility for these kids. People need to stop blaming an object and start looking at the real reason they are doing what they are doing.

What I wanna know is why these shootings are so common in the USA compared to even Canada. Is it culture? Is it the lack of gun laws? What is it.

Some parts of Toronto and Vancouver are getting pretty nasty in terms of gangs however.

Anon

Gangs are terrible in Chicago. It isn't the lack of laws as handguns are banned in the city, yet the criminals don't follow laws to begin with.

Many of the large cities that have high crime rates are flooded with illegal aliens, Chicago/LA, or offer nothing for inner city black youth so they feel like they have no way out.

Cosmo

JB811 wrote:

norm wrote:

The law also includes an unrelated measure allowing people to carry guns into national parks.


line item veto, please!

I have no problem with that. In fact it is a very good idea.

Of course some will think that there are going to be mass killings now because of this, however if a criminal intent on doing so would do it anyway regardless of any laws in place.

...
Regardless of how you feel about the Pork Barrel insert... what exactly does carrying firearms into National Parks have to do with Credit Card Companies no longer being able to raise the Interest Rates on account balances that were argeed upon at the previous rate?
...
If you are saying you think this is a good thing... then, you are validating the means used to get it into law... the Pork Barrel. and if you agree with that, then you cannot oppose the Pork Barrel projects that were tied to the Bank Bail-Out that had nothing to do with financial systems.
...
If the firearms in National Parks is a good and/or needed law... then, let it stand on its own, instead of having to slide in underneath the guise of Credit Card Reform.

Flagg

norm wrote:

The law also includes an unrelated measure allowing people to carry guns into national parks.


line item veto, please!

Yes!d For or against guns being wherever, that is a separate issue and should be debated as such.

norm

Flagg wrote:

norm wrote:

The law also includes an unrelated measure allowing people to carry guns into national parks.


line item veto, please!

Yes!d For or against guns being wherever, that is a separate issue and should be debated as such.

yeah my point wasn't to get into a gun debate but to show how fucked our govt is

Flagg

norm wrote:

Flagg wrote:

norm wrote:

The law also includes an unrelated measure allowing people to carry guns into national parks.


line item veto, please!

Yes!d For or against guns being wherever, that is a separate issue and should be debated as such.

yeah my point wasn't to get into a gun debate but to show how fucked our govt is

Yeah, I agree. I meant the gun clause should have never been in the credit card reform bill. It should be its own issue. I completely agreed with Bush Sr. when he pushed for the line-item veto.

decides2dream

norm wrote:

The law also includes an unrelated measure allowing people to carry guns into national parks.


line item veto, please!

are you serious?!


wtf?! if this is true, HOW in the world does this shit get lumped together?! :?




as to the OP....i think it's fine. obviously, there is a line, but overall...hasn't the government told all sorts of businesses all sorts of things of how they can do business and such....no monopolies, etc. i think the government exerting some sorts of controls over business is not entirely new. from what i understand of this legislation, which i admit isn't much.....it all seems to check out a-ok with me. except of course for what norm posted. :shock:

jlew24asu

decides2dream wrote:

norm wrote:

The law also includes an unrelated measure allowing people to carry guns into national parks.


line item veto, please!

are you serious?!


wtf?! if this is true, HOW in the world does this shit get lumped together?! :?




as to the OP....i think it's fine. obviously, there is a line, but overall...hasn't the government told all sorts of businesses all sorts of things of how they can do business and such....no monopolies, etc. i think the government exerting some sorts of controls over business is not entirely new. from what i understand of this legislation, which i admit isn't much.....it all seems to check out a-ok with me. except of course for what norm posted. :shock:

its true and its a classic washington trick that has been happening since the beginning. this is something Obama promised to stop..but hasn't. he still may though, I'll give him more time.

Anon

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

polaris_x

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

and where do you stand on these issues?

soulsinging

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

Actually, most people here seem upset that a law allowing people to take guns into public parks full of children and endangered wildlife was part of a bill about credit card reform... what do guns and national parks have to do with credit card policies?

All5horizons1991

soulsinging wrote:

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

Actually, most people here seem upset that a law allowing people to take guns into public parks full of children and endangered wildlife was part of a bill about credit card reform... what do guns and national parks have to do with credit card policies?

+1

norm

soulsinging wrote:

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

Actually, most people here seem upset that a law allowing people to take guns into public parks full of children and endangered wildlife was part of a bill about credit card reform... what do guns and national parks have to do with credit card policies?

kinda thought that was self explanatory...but then again, this is the moving train :roll:

decides2dream

norm wrote:

soulsinging wrote:

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

Actually, most people here seem upset that a law allowing people to take guns into public parks full of children and endangered wildlife was part of a bill about credit card reform... what do guns and national parks have to do with credit card policies?

kinda thought that was self explanatory...but then again, this is the moving train :roll:

hahahahaha.

so true!


also how so, so, so many discussions get derailed.....b/c someone throws in abortion, or polygamy, and gets totally off the actual topic at hand.


so this passed.....WITH this line item still in there?
how and who in the hell stuck that in there?
how is this legal?
wtf does it have to do with credit card reform?
and i guess i have been a bit in the dark about this whole thing, i did not realize this happened with great frequency. sweet bejeebus, that is fucked. go and work towards what, overall, should be a 'good thing'...and some entirely unrelated item gets passed right with it, stuck in there, no rhyme or reason that makes sense. grrrrr.

Anon

polaris_x wrote:

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

and where do you stand on these issues?

I'm for concealed carry and the 2nd Amendment, for doing what it takes to get information out of a murderer of innocent lives and if it would save more, and against abortion except for certain situations. Irresponsibility not being one of them.


As far as it being snuck in on a seemingly unrelated bill, well that is the political state we live in. Start voting for a third party if you want it to change.

WaveCameCrashin

VINNY GOOMBA wrote:

Haven't gotten to deep into this story yet, but if it involves the government interfering in contracts, I would have a problem with that. If it involves the government protecting the consumer from fraud on the part of the credit card companies, I wouldn't have a problem with that.

You see congress should have legislated a ceiling on regular interest rates limiting them to 5 points above prime and on punitive rates requiring them to be no more than ten points above prime. But Obama and the Democrats and of course the republicans caved into special interest rates and left out any interest rate controls.

congress needs to act, yet the credit card companies and massive campaign donations succeed in buying off enough dems and all the republicans to kill any limits on the interest rates so companies can continue to charge basic rates of 18% and then up to 30% as punishment for being a few days late

The high rates charged by credit card companies obviously do a great deal to impede consumer spending and drive families into bankruptcy. I might be wrong but I think the average credit card balance for those who have such debt is some where around $10-13,000

soulsinging

prfctlefts wrote:

VINNY GOOMBA wrote:

Haven't gotten to deep into this story yet, but if it involves the government interfering in contracts, I would have a problem with that. If it involves the government protecting the consumer from fraud on the part of the credit card companies, I wouldn't have a problem with that.

You see congress should havelegislated a ceiling on regular intrest rates limiting them to 5 points above prime and on punitive rates requiring them to be no more than ten points above prime. But Obama and the Democrats and of course the republicans caved into special intrest rates and left out any interest rate controls.

congress needs to act, yet the credit card companies and massive campaine donations succeed in buying off enough dems and all the republicans to kill any limits on the intrest rates so companies can continue to charge basic rates of 18% and then up to 30%

The high rates charged by credit card companies obviously do a great deal to impede consumer spending and drive famalies into bankrupcy. I might be wrong but I think the average credit card balence for those who have such debt is some where around $10-13,000

I'll be damned... you and I agree on something!

WaveCameCrashin

The widely heralded credit card reform legislation making its way through congress is a sellout to the credit card companies.Obama has proposed and congress has passed a series of minor reforms that deal with the fringes of the problem-late billings,retroactive interest rate hikes,misapplication of payments as such. But fail to reform the most basic offense of the companies: their usury.

Also in 1979 credit card interest rates was subject to usury limits of the various states ,But the supreme court emasculated these limits by ruling that the state of the lender ,not the borrower ,had the sole power to legislate interest limits. South Dakota swiftly jumped into the void the court created,eliminating any usury limits. All the credit card companies moved their and took advantage of the regulatory vacuum to hike up their rates to unconscionable levels

I think it's cruel to see Obama offering the illusion of hope for credit card victims while denying them real relief.

slightofjeff

soulsinging wrote:

JB811 wrote:

So many people are upset because people will be allowed to carry guns and defend themselves, and are mad because someone poured water on a terrorist, yet most have no problem with abortion.

Actually, most people here seem upset that a law allowing people to take guns into public parks full of children and endangered wildlife was part of a bill about credit card reform... what do guns and national parks have to do with credit card policies?

What if you use a credit card to buy the gun?