1.0link201124<![CDATA[Obama Calls for Credit Card Reform By Memorial Day...]]>http://www.huffingtonpost.com/michelle-kraus/obama-calls-for-credit-ca_b_201124.htmlNo not really! Obama's proposed credit card crack down does not go far enough. It certainly is a first step for a beautiful Saturday morning in May, but his team has got to get much tougher on the financial institutions.
The reality is that we are in the midst of an unprecedented bailout for these very same financial institutions. Billions are being allocated to stabilize the banks, while consumers continue to be walloped by increasing interest rates for an...