Why should you trust a credit card company?

This should piss off quite a few people.

From the article:

Banks are not required to publicly reveal how much money they make from penalty interest rates and fees, though government officials and industry consultants estimate they constitute a growing portion of revenue.

The question is “Why not?” These are publicly-traded companies that took down the entire economy. They should understand how little sympathy there is in the broader world for their “woe is me” pity party. Nobody pities the loan shark. And these folks are just wearing nicer suits.

When the government was talking about limiting executive pay, everyone was up in arms about the “sanctity of contracts.” Of course, when the contract basically says, “Screw you, I’ll do what I want,” I guess that’s sacred too.

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This is not my beautiful house!

Many moons ago in the blogosphere there was a minor writer with the moniker “Bryan S.” who flew the flag of “Arguing with Signposts.” His politics were vaguely conservative, warblogger, humorist, cynic, libertarian. In short, he screwed all that up. So, you might say this is my attempt to set that stuff straight. The flag is flying again. But we’ve set a course that’s at odds with the haze of the last eight years. Onward!

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