I just lost a ton of respect for the Christian Science Monitor after their editorial hit job on the credit card reform bill appeared on Yahoo. The reverse argument would have been more truthful. Credit card companies rely on indenturing the poor so the poor can never pay off their debt, incur late fees and penalties, and pay higher interest rates that subsidize the free services and lower interest rates that the "good customers" get from the credit card companies.
I question who Polina Vlasenko is and what her credentials are for writing such a hit piece.