And now we learn the Credit Card companies…?

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were telling their Customer Service personnel to sell more credit, to manipulate their customers into maxing out their credit cards. So we have real estate agents intentionally pushing up housing prices, mortgage companies offering unresponsible ARM loans, Investment companies buying and reselling high risk loans for profit, and now predatory credit card companies. When the government steps in to bail out the beleaguered consumers, wont the above predators still get paid?

6 Comments
  1. Reply
    zephyrwind
    January 27, 2011 at 10:51 am

    You bet! Welcome to America!

  2. Reply
    Marvin the Martian
    January 27, 2011 at 11:46 am

    Not only do they get paid, they now have the resources to do it again.

    The most irresponsible and criminal of them get rewarded, the better run companies get nothing.

    This mess is unsustainable, all this does is further postpone the date of he crash.

  3. Reply
    Valentina V
    January 27, 2011 at 12:23 pm

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  4. Reply
    dogtrh
    January 27, 2011 at 12:58 pm

    U just now learned this

  5. Reply
    Frisky Dingo
    January 27, 2011 at 1:08 pm

    I dont doubt it. I used to work for a major retail chain that will remain nameless as a sales associate and one of the major things that they pushed us to do was get people to fill out credit applications. Actually we had quotas that we had to meet or bye bye job.

  6. Reply
    bloodbath
    January 27, 2011 at 1:16 pm

    Why do you think Bush help them out by allowing them to be paid at personal bankruptcy

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