You need to just give up and roll over, that appears to be the Barack Obama way. How dare you try and save money by purchasing from a thrift store, you obviously need to be red flagged and condemned.
Remember, there are no death panels in the Barack Obama administration, but there appear to be reassessment panels that decide if you are worthy of respect or not. Yes, we have another decider in the white house, a decider of health care who blew off his own dying mother in Hawaii so he could travel to Bali to finish writing his tribute book to his deadbeat, sperm donor father.
Oh, wait, someone may protest, you can't blame Barack Obama because credit card companies are punishing people for trying to live within their means. Yes, we can, and yes, we should.
As long as Barack Obama pridefully views Jamie Dimon of Chase Bank as his favorite Wall Street Banker, Barack Obama can take responsibility for all of the evil and UNNECESSARY TACTICS the Credit Card Companies are spewing onto the american consumer.
I am not against the credit card companies using SOME data profiling to determine cost risk analysis. For instance, people who run up credit card bills in bars and strip joints are more likely to default on their credit card account. However, to apply that same measuring cup to someone who is buying from a thrift store is insulting, and discriminatory. As a consumer aptly pointed out, buying from a thrift store enables them to balance their overall budget.
Barack Obama seems intent on fixing the pain others have allegedly cost even as he stands idly by while his wall street credit card buddies create their own brand of pain. One area that credit card companies refused to explore, and one that is so necessary at this point in time, is credit card debt reductioning. Credit card companies are shutting down credit to people ovenight.
If someone pays down their credit card bill 150 dollars, let them respend 50 bucks of it for small purchases. This is such an obvious, obvious solution to the current credit card debt problems that is purposely being ignored by the banks, why, I don't know.
Again, this gets into an area of incentivizing credit card debt paydowns. Even as companies like Chase Bank unfairly put the screws to their own credit card customers by NOT offering credit card paydown incentives, they do continue to offer new customer incentives to lure them into the same traps they have in place for existing customers.
