A silver lining?
 

There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.


Eisboch

A silver lining?
 

On Thu, 18 Dec 2008 21:07:21 -0500, "Eisboch" wrote:

There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.


Eisboch


Unless I heard wrong, it doesn't take effect for a year and a half.
--
We say, "MERRY CHRISTMAS!"

John

A silver lining?
 

On Dec 18, 9:29*pm, John wrote:
On Thu, 18 Dec 2008 21:07:21 -0500, "Eisboch" wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.

Eisboch

Unless I heard wrong, it doesn't take effect for a year and a half.
--
We say, "MERRY CHRISTMAS!"

John- Hide quoted text -

- Show quoted text -

Chris Dodd is a bought and paid for piece of ****.... He has never
done anything for CT. but sell our jobs.

Three biggest reciepeints of Fannie and Freddie money in the last few
years, in order:
Chris Dodd
Barak Obama
John Kerry

but the dems say the fact that banks were forced to make bad loans and
left unregulated was the GOP.. pffffttt....

A silver lining?
 

A silver lining?
 

Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Sun light is a bitch.

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.

It all gets back to campaign contributions.

A silver lining?
 

On Dec 18, 10:33 pm, nada wrote:
wrote:
On Dec 18, 9:29 pm, John wrote:
On Thu, 18 Dec 2008 21:07:21 -0500, "Eisboch" wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.
Eisboch
Unless I heard wrong, it doesn't take effect for a year and a half.
--
We say, "MERRY CHRISTMAS!"

John- Hide quoted text -

- Show quoted text -

Chris Dodd is a bought and paid for piece of ****.... He has never
done anything for CT. but sell our jobs.

Three biggest reciepeints of Fannie and Freddie money in the last few
years, in order:
Chris Dodd
Barak Obama
John Kerry

but the dems say the fact that banks were forced to make bad loans and
left unregulated was the GOP.. pffffttt....

Show me anyone up there that is representing us. Please!

Unfortunately, "They" do not represent us either at the national level
nor at the state level. Blago did not represent his constituents and
here in FL our legislature does not really represent us. The level of
corruption due to lobbyists is extreme but I cannot figure out a good
way to stop it. It has been a problem sinc eth ebeginning of
representative democracy. I'd be interested in seeing some thoughts
on combatting the corruption.

A silver lining?
 

On Dec 18, 10:49*pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Sun light is a bitch.

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.

It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? It sure
wasn't the newly empowered minority and college student voters. They
have no money to give.

He owes someone bigtime.

A silver lining?
 

A silver lining?
 

On Dec 18, 11:37*pm, BAR wrote:
wrote:
On Dec 18, 10:49 pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Sun light is a bitch.

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.
It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? *It sure
wasn't the newly empowered minority and college student voters. *They
have no money to give.

He owes someone bigtime.

50% of his donations, $500 million, are alleged to have come from
donations less than or equal to $200.

I remember hearing about a guy named Good Will donating something like
$27,000. And Good Will lives at the same address as a Goodwill
Industries thrift shop.- Hide quoted text -

- Show quoted text -

40%... and the so called "flood" of small donations was really no more
than any previous campaign. The numbers were fudged by the MSM to make
it look like he was getting more "grass roots" support than other
candidates over the years. The Obama campaign took a lot of huge
corporate and private donations, this is who they owe. The way they
got around the law was to shut down the CVS address verification
portion of their credit card donations entry forms on line (which is
technically illegal) so they could take multiple donations over the
limit from donors in smaller denominations and not get caught as the
"real" identities of the donations origins could not be traced. It was
a scam right from the get go. There was blatant donation fraud and
illegal donations from over seas but they can't be traced either. Even
the Clintons were not that bold, the Billary campaign like any other
legal business/enterprise ran their donations through CVS
verification... This President and the dirtiest congress in history is
going to be a disaster of epic proportions. You think Billary sold us
out to the Chinese, just wait...

A silver lining?
 

On Dec 18, 11:37*pm, BAR wrote:
wrote:
On Dec 18, 10:49 pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Sun light is a bitch.

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.
It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? *It sure
wasn't the newly empowered minority and college student voters. *They
have no money to give.

He owes someone bigtime.

50% of his donations, $500 million, are alleged to have come from
donations less than or equal to $200.

I remember hearing about a guy named Good Will donating something like
$27,000. And Good Will lives at the same address as a Goodwill
Industries thrift shop.- Hide quoted text -

- Show quoted text -

"Good Will", Santa Clause, No 1 u No, are mostly George Soros and
similar criminal enterprises... Like I said, as to the "small"
donations or so called "grass roots" donations were no more than any
other recent election cycle, the MSM "quoted" the numbers in the
context of some "record" donations, but they weren't..

A silver lining?
 

On Dec 18, 10:26*pm, wrote:
On Dec 18, 10:49*pm, BAR wrote:



Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Sun light is a bitch.

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.

It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? *It sure
wasn't the newly empowered minority and college student voters. *They
have no money to give.

He owes someone bigtime.

Don't know for sure, but Helen Jones-Kelley might be able to tell you:

http://www.dispatchpolitics.com/live...litics&sid=101

A silver lining?
 

A silver lining?
 

On Thu, 18 Dec 2008 21:07:21 -0500, "Eisboch" wrote:

There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.

That guy strikes me as a real sleazeball. Good example of how the
Dems have been "looking out for the little guy."
The only reason this change is getting through is "You can't squeeze
blood from a stone."
They were perfectly happy to let the CC companies squeeze the stones
until they dried up.
Problem they have now is lessening the number of looming personal
bankruptcies.
Either Obama or Clinton voted for a recent CC bill - a year or 2 ago -
- that allowed a usurious 30% rate, "because it was a good deal."
I saw one of the Fox "right wing" commentators commenting on how
disgustingly usurious the CC rates were.
When Fox guys are to the "left" of the Dems, it makes you wonder what
happened to the Dem party.
There are too many pukes of both parties to shake a stick at.
That's why I gave up on party labels long ago.
I'm 'left" or "right" on different issues.
What I've heard about the bill you mentioned is it takes effect
mid-year.
Probably to allow the CC companies to re-program their billing and
accounting systems.
Rate increases - for whatever reason - only affect new charges.
So you have tiered interest charges, which take more calcs.
Principal payments are applied to the highest interest tiers first.
Lots of timing/notification changes too.
It's complicated enough IT-wise that you can't change it quickly.

--Vic

A silver lining?
 

On Thu, 18 Dec 2008 22:57:01 -0800 (PST), Tim wrote:

On Dec 18, 10:26*pm, wrote:
On Dec 18, 10:49*pm, BAR wrote:



Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.

Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.

But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."

Sun light is a bitch.

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.

It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? *It sure
wasn't the newly empowered minority and college student voters. *They
have no money to give.

He owes someone bigtime.

Don't know for sure, but Helen Jones-Kelley might be able to tell you:

http://www.dispatchpolitics.com/live...litics&sid=101

It's hard to believe a Democrat might actually get punished.
--
We say, "MERRY CHRISTMAS!"

John

A silver lining?
 

On Dec 18, 11:37*pm, BAR wrote:
wrote:
On Dec 18, 10:49 pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, *the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. *The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. * The proposed bill (now being or has been passed) *prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. *When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Sun light is a bitch.

Now, what the *hell* does *that* mean? * The bank is holding Congress
hostage? *What a wimpy answer.
It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? *It sure
wasn't the newly empowered minority and college student voters. *They
have no money to give.

He owes someone bigtime.

50% of his donations, $500 million, are alleged to have come from
donations less than or equal to $200.

I remember hearing about a guy named Good Will donating something like
$27,000. And Good Will lives at the same address as a Goodwill
Industries thrift shop.- Hide quoted text -

- Show quoted text -

I suppose you're going to try to say that these antics only happen on
the left?

A silver lining?
 

On Dec 19, 9:07 am, wrote:
On Dec 18, 11:37 pm, BAR wrote:



wrote:
On Dec 18, 10:49 pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Sun light is a bitch.

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.
It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? It sure
wasn't the newly empowered minority and college student voters. They
have no money to give.

He owes someone bigtime.

50% of his donations, $500 million, are alleged to have come from
donations less than or equal to $200.

I remember hearing about a guy named Good Will donating something like
$27,000. And Good Will lives at the same address as a Goodwill
Industries thrift shop.- Hide quoted text -

- Show quoted text -

I suppose you're going to try to say that these antics only happen on
the left?

I'd welcome muslims with a nuke to DC on inauguration day. BRING IT ON.

A silver lining?
 

On Fri, 19 Dec 2008 09:29:40 -0800 (PST), Frogwatch
wrote:

On Dec 19, 9:07 am, wrote:
On Dec 18, 11:37 pm, BAR wrote:



wrote:
On Dec 18, 10:49 pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Sun light is a bitch.

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.
It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? It sure
wasn't the newly empowered minority and college student voters. They
have no money to give.

He owes someone bigtime.

50% of his donations, $500 million, are alleged to have come from
donations less than or equal to $200.

I remember hearing about a guy named Good Will donating something like
$27,000. And Good Will lives at the same address as a Goodwill
Industries thrift shop.- Hide quoted text -

- Show quoted text -

I suppose you're going to try to say that these antics only happen on
the left?

I'd welcome muslims with a nuke to DC on inauguration day. BRING IT ON.

HEY!

I live too close to downtown for that crap!
--
We say, "MERRY CHRISTMAS!"

John

A silver lining?
 

On Dec 19, 12:38 pm, John wrote:
On Fri, 19 Dec 2008 09:29:40 -0800 (PST), Frogwatch



wrote:
On Dec 19, 9:07 am, wrote:
On Dec 18, 11:37 pm, BAR wrote:

wrote:
On Dec 18, 10:49 pm, BAR wrote:
Eisboch wrote:
There may be a bit of a silver lining to the economic mess we are in.
In addition to exposing Wall Street frauds and con artists, the attention
given to the problems is starting to light a fire under some Congress
Critters and causing them to clean up their own acts.
Just saw a investigative report on CNN. The reported was digging into a
credit card reform bill that has been languishing in Congress for almost 3
years. The proposed bill (now being or has been passed) prevents credit
card issuers from doing things like raising interest rates on previous
balances and requires a 45 day notice to give the holder an opportunity to
shop for other card providers.
But, this bill has been sitting in Congress for years. When Chris Dodd, the
Chairman of the Senate Banking Committee was asked why no action had been
taken until now, his comment was "We've tried but have met with strong
resistance from the banks who issue the cards."
Sun light is a bitch.

Now, what the *hell* does *that* mean? The bank is holding Congress
hostage? What a wimpy answer.
It all gets back to campaign contributions.-

Which gets back to just where did BO get his money from? It sure
wasn't the newly empowered minority and college student voters. They
have no money to give.

He owes someone bigtime.

50% of his donations, $500 million, are alleged to have come from
donations less than or equal to $200.

I remember hearing about a guy named Good Will donating something like
$27,000. And Good Will lives at the same address as a Goodwill
Industries thrift shop.- Hide quoted text -

- Show quoted text -

I suppose you're going to try to say that these antics only happen on
the left?

I'd welcome muslims with a nuke to DC on inauguration day. BRING IT ON.

HEY!

I live too close to downtown for that crap!
--
We say, "MERRY CHRISTMAS!"

John

OK, yer right, collateral damage would be bad so i wont sell em my
plans for a nuke made from old smoke detectors and parts from a '72
Camaro.