Played a game with the banks, with the Banks Holding all the cards. Changing the terms, raising Interest Rates, changing the rules of the games. Consumers use plastic for 100,000 transactions a minute. It has produced billions in profits, and nearly a trillion dollars in debt. Americans people simply cannot pay back the level of debt that has grown over the last 30 years. And the credit card industry even played a hand in the economic meltdown. You had consumers refinancing their homes to pay off all their credit cards. Apply now. And then they went back out and filled their credit cards back up. Now, as credit card losses are piling up, the government is stepping in. We need to fix the rules and make them tougher, with a simple, clear, Single Mission to protect consumers. Bergman why hasnt there been credit card legislation to control some of these abusive practices . Why did it take a near depression . Lobbying power. Tonight on frontline, correspondent Lowell Bergman and the New Yor
There s a sense of celebration here in Kilmainhamwood
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New lease of life for Barrack House in Kilmainhamwood
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