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In this morning's papers
...The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.
GOOD RIDDANCE. We, the people, can not only survive and thrive without this damned credit, but we AND OUR KIDS AND GRANDKIDS will be BETTER OFF WITHOUT IT in the long term.
They can take their Indian Gifts and their twisted 'playing field', scoop it up and run off to ruIn some OTHER nation.
Frankly, I am at a LOSS as to how ANYONE trusts anyone else on this planet.
This is how these evil clowns run the game. they make like what they offer is critical, invaluable. We cannot live with out it.
All they do is torque up the materialism, nobody STILL have more than anybody else, yet meanwhile they have inserted 'chaotic remote control' over the populace into the game. It is suddenly THEY who have the power over you and me that they lacked BEFORE we let them in the door.
I will live like a pauper if I have to from now on. Frankly, it is and should ALWAYS be the fashion.
