Congress Just Raised Our Credit Card Fees

Posted by admin | Filed under Corruption, Current Events, Economics | Jul 16, 2009 | No Comments

Technically, it was the companies which raised their fees. But they did so to anticipate new legislative restrictions on fees taking effect. Congress wanted to cut costs for consumers, but ended up costing them instead.

http://www.cato-at-liberty.org/2009/07/02/congress-just-raised-our-credit-card-fees/

Related posts:

  1. Credit CARD Act Penalizes Thrift And Entrepreneurship
  2. Congress Shall Make No Law . . . But Regulators Act Anyway
  3. The Dismal Politics of Legislative Transparency
  4. Microchip Implant to Link Your Health Records, Credit History, Social Security
  5. Fed Is Now Backstopping $25 Trillion In DTCC Cleared Credit Default Swaps

 

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