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dcludwig · May 20, 2009, 02:06 PM

I think this is great news for more than one reason. Now, I am FAR from being an Obama supporter (and would need a lobotomy to become one), but this is one piece of legislation he has pushed for that I agree with. I am extremely glad that the National Parks carry permission was tacked on, but even moreso because it wasn't some huge tax and/or spend bill that it was attached to. I am a capitalist through and through, but the credit card industry has royally screwed its card-holders over and over. And sadly the worse victims are those who can least afford the rate change from 12% to 29% at the whim of the CC companies.

On a side note, I've skimmed through the legislation, but didn't see how this would affect those facilities maintained by the Army Corp of Engineers. Anyone able to shed some light on this?

May 20, 2009, 02:06 PM	#21
dcludwig Member Join Date: February 12, 2005 Posts: 30	I think this is great news for more than one reason. Now, I am FAR from being an Obama supporter (and would need a lobotomy to become one), but this is one piece of legislation he has pushed for that I agree with. I am extremely glad that the National Parks carry permission was tacked on, but even moreso because it wasn't some huge tax and/or spend bill that it was attached to. I am a capitalist through and through, but the credit card industry has royally screwed its card-holders over and over. And sadly the worse victims are those who can least afford the rate change from 12% to 29% at the whim of the CC companies. On a side note, I've skimmed through the legislation, but didn't see how this would affect those facilities maintained by the Army Corp of Engineers. Anyone able to shed some light on this?