Federal Rserves votes on 12/18/08 on new credit card rules

Fed to Vote on Sweeping Credit Card Rule Changes:
Rules changes will ban retroactive rate hikes...
The Federal Reserve is expected to vote this week to codify changes in credit card rules that would give consumers a much-requested break.

The rules package, set for a vote on Thursday, would stop credit card companies from retroactively raising interest rates on balances any time they want, and require a longer payment window before consumers can be charged late fees..

More info see: http://www.consumeraffairs.com/news04/2008/12/credit_cards_fed.html

Say No To Gift Cards

Why would anyone buy a gift card? It just doesn't make sense.
If you don't want to, to have time for, to care to buy a gift, then buy a nice greeting card and put the money it and send it.

Reasons to buy gift cards as gifts

1. The company may go broke by the time you try to use it.
2. The fees, time constraints may eat up the value of it.
3. They are a nuisance for the receiver to try to use and remember to use.
4. Show you by at least buying a nice greeting card.
5. Stop feeding the Credit Beasts!

Politicians' expertise is inadquate to their pretensions of omnicompetence

After writing my Senators and Congresswomen (CA) and getting emails essentially telling that they know better than I do about why bailouts are necessary I have been searching for the right words that express what I feel. I finally found them. I rarely read Newsweek, except that I found a copy in Deli was visiting and took it. Here are the words from George F. Will, Dec. 1, 2008, Newsweek, Page 64:
" Improper delegation is inherent in unlimited government, under which hyperkinetic legislators, for whom Attention-Deficit Disorder is an occupational hazard, are jacks of all trades and masters of none. Their expertise is inadquate to their pretensions of omnicompetence."

Stop the bailouts and help the the actual person working hard to pay bils and raise a family.