Telling it Straight

February 25, 2010

If you have a credit card, or have been paying attention to the news lately, you know that Congress last year passed important legislation curbing abuses in the credit card industry.  Responding to consumer complaints about arbitrary fees, interest rate increases on existing balances, and other income generating tactics banks have rolled out in recent years, Congress banned these and other practices in the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009.  

As usual, leave it to The Daily Show to completely capture just how outrageous life in our times has become.

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