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Credit Card Industry Aims to Profit From Sterling Payers
Banks are expected to look at reviving annual fees, curtailing cash-back and other rewards programs and charging interest immediately on a purchase instead of allowing a grace period of weeks, according to bank officials and trade groups.
While we'll probably see some of these developments, this sounds like sabre-rattling to me. I don't think the credit business can afford to scare off "sterling payers," and that's exactly what they'd do if they got rid of no-fee cards and rewards. Not to mention all those people who *think* they'll be sterling payers when they sign up for a card, and then end up carrying a balance over into the next month. How many students will sign up for credit cards if they have to pay an annual fee for them? Fewer than do now, at least.
Democrats act like Cowardly Chickens and Block $ to close Guantanamo
Lawmakers, mindful of polls showing wide public opposition to bringing detainees to the United States, have expressed concerns about the safety of their constituents, and some have said that any location housing detainees, even the most secure prisons, would become a potential target for a terrorist attack.
Re: a potential terrorist target. Yeah. Like the Amish Petting Zoo is a "potential terrorist target." (News flash, FOX viewers - everywhere in the USA is a "potential terrorist target. Don't you watch 24? Or are you taking your political tips entirely from Prison Break now?)
Personally, I think that if Americans feel safe putting American terrorists behind bars in the USA (Timothy McVeigh, anyone?), then they shouldn't worry about an extra hundred-or-so people who have yet to be convicted of any crime dispersed across the nation's prison system. Bok-bok-bok, Democrats. Bok-bok-Bra-AWK!
Re: yesterday's conversation ->
Message in What We Buy, but Nobody’s Listening
The grand edifice of brand-name consumerism rests on the narcissistic fantasy that everyone else cares about what we buy. (It’s no accident that narcissistic teenagers are the most brand-obsessed consumers.) But who else even notices? Can you remember what your partner or your best friend was wearing the day before yesterday? Or what kind of watch your boss has?
Banks are expected to look at reviving annual fees, curtailing cash-back and other rewards programs and charging interest immediately on a purchase instead of allowing a grace period of weeks, according to bank officials and trade groups.
While we'll probably see some of these developments, this sounds like sabre-rattling to me. I don't think the credit business can afford to scare off "sterling payers," and that's exactly what they'd do if they got rid of no-fee cards and rewards. Not to mention all those people who *think* they'll be sterling payers when they sign up for a card, and then end up carrying a balance over into the next month. How many students will sign up for credit cards if they have to pay an annual fee for them? Fewer than do now, at least.
Democrats act like Cowardly Chickens and Block $ to close Guantanamo
Lawmakers, mindful of polls showing wide public opposition to bringing detainees to the United States, have expressed concerns about the safety of their constituents, and some have said that any location housing detainees, even the most secure prisons, would become a potential target for a terrorist attack.
Re: a potential terrorist target. Yeah. Like the Amish Petting Zoo is a "potential terrorist target." (News flash, FOX viewers - everywhere in the USA is a "potential terrorist target. Don't you watch 24? Or are you taking your political tips entirely from Prison Break now?)
Personally, I think that if Americans feel safe putting American terrorists behind bars in the USA (Timothy McVeigh, anyone?), then they shouldn't worry about an extra hundred-or-so people who have yet to be convicted of any crime dispersed across the nation's prison system. Bok-bok-bok, Democrats. Bok-bok-Bra-AWK!
Re: yesterday's conversation ->
Message in What We Buy, but Nobody’s Listening
The grand edifice of brand-name consumerism rests on the narcissistic fantasy that everyone else cares about what we buy. (It’s no accident that narcissistic teenagers are the most brand-obsessed consumers.) But who else even notices? Can you remember what your partner or your best friend was wearing the day before yesterday? Or what kind of watch your boss has?
