President Obama’s Weekly Address – 05/09/09

May 10, 2009 by
Filed under: Blog Entries 

This week the President recaps a busy week, from strides on fiscal discipline, to financial stability, to cracking down on tax havens and tax breaks for shifting jobs overseas. For his next big step, he calls for a credit card reform bill: “Americans know that they have a responsibility to live within their means and pay what they owe. But they also have a right to not get ripped off by the sudden rate hikes, unfair penalties, and hidden fees that have become all-too common in our credit card industry.” Watch Your Weekly Address to hear what he plans to do about it.

 

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One Comment on President Obama’s Weekly Address – 05/09/09

  1. phx on Sun, 10th May 2009 8:13 am

    2. You go Mr. President! I would just LOVE to send back those credit card offers with a message: DON’T send me this *#@$ until you write the terms in a language that doesn’t require a lawyer and several hours of deciphering.
    There’s a lot that’s foul about the consumer credit industry – but that’s my peeve. And on second thought, don’t send me that *#@$ anymore anyway!

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