Wonkette
First person to smugly declare, “And this is exactly why I pay off my balance in full every month/don’t use credit cards” get a swift punch in the groin. [New York Times]
40 PERCENT INTEREST FUELS THE ENGINE OF CAPITALISM
Here Are The Names Of The Senators Who Voted Against Capping Credit Card Interest Rates
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1:04 PM
on Thu May 14 2009
By
Sara K. Smith
5047 Views
You mean our financial system is run by greedy old ducks? No wonder.
Excuse me, but wtf is up with the wording on that thing? Why don’t they just call it the anti-loansharking bill and be done with?
Haha SKS, I’m wearing a cup.
Um, Senators. Just to let you know. The Credit Card Credit bomb is the next fizkal pillar about to collapse. The Wall Strreters securitized thems debts, too. Sold bajillions.
Ok, so Joe Leiberman vote against prohibiting usury?
Usury is the new black.
Oh, fuck you, Specter.
The only way to keep the economy afloat is if the American people keep spending money… and apparently paying high interest rates too.
And this is exactly why I pay off my balance in full every month… well, actually, that’s part of it, but I’m just doggone debt-averse.
ManchuCandidate, you are SO right on this…. The NYT and NPR have been foreshadowing this new economic sinkhole-in-waiting for a while.
ManchuCandidate: is that spock? when did that happen?
get a swift punch in the groin
Can we add them to the fanboiz who always say “get a Mac” when a PC person has a serious problem that has to be fixed RIGHT NOW?
Huh, huh? Can we?
If I have to listen to stupid, poor morans defending the republican party when they vote against bills like this that would actually help stupid poor payday loan morans with gobs of credit card debt…
I’m betting former Sen. Joe Biden (D-VISA/MC/AMEX) is really glad he didn’t have to vote on this one.
Why is Obama blabbing on about credit cards in New Mexico? Bingaman(D-NM) voted against this. Is there another bill in the pipeline?
I’m confused!!
(Don’t make me go to Daily Kos.)
Chuck Grassley will be getting kicked out of the GOP any day now. And Mark Warner — congratulations on being another spineless, servile tool of big business. Nice to know that amassing a fortune pre-politics enabled you to speak someone else’s mind.
man this news just ruined my day… but it just goes to show that Banks own these fools, and us, and everything… time to more to France!
I’d only pay off my credit card every month if I could get a credit card.
Credit card rates will not be reasonable until the last banker is hanged with the entrails of the last Senator.
(gloss on an opinion by S Divad - important to credit ones sources)
This was just Grassley’s way of saying he isn’t sucking the tit of credit card companies. Although, come to think of it, he usually says it just like that.
And WTF is up with Chuck Grassley (R-IA), he voted against the userers; is he one of them gaddang RINO socialists or something?
Here’s the list of chickenshits (Did Not Vote):
Sheldon Whitehouse D-RI
George Voinovich R-OH
Jay Rockefeller D-WV
Barbara Mikulski D-MD
Patrick Leahy D-VT
Edward M. Kennedy D-MA
I gave up on credit cards years ago. I was out of work for awhile and just quit paying them. After about a few months, they started calling me up and asking me to settle for maybe 3/4 of the total. I passed. Then about a year later they all called and offered to settle for pennies on the dollar. They even set up real easy terms to pay it off. I did it. Haven’t used a credit card since.
For awhile, my credit rating sucked, but it sucked anyway. Then a few years later I checked and my credit score was suddenly a-ok again and I bought a house.
Credit cards are such a scam. They make all the rules and make tons of money and bug the living shit out of you whether you are a good customer or bad.
I’m actually glad this didn’t pass as I fully expect to be living off credit cards for the next couple of years and as I’m not currently making any income, this will make it easier to get the credit cards to live off of.
The credit card companies could probably get kneecapping and debtors’ prison added to the list of penalties for late payment, on a straight up or down vote.
We got a DINO problem here in Montana. Both of my “Democrat” senators will be hearing from me., by golly. I AM one of those freaks that pay the balance evry month because I hate those SOB bastards.
ManchuCandidate: I hope you’re not wearing an Under Armour cup!
Gorillionaire: are you serious? Dude, think I might just follow your example… my credit card debt is killin me…
Even worse than “not voting”, how come Senator Vacant Seat from Minnesota goes and acts like a TOTAL jackass and votes his own first name “Vacant” on this.
Credit cards are good for buying things you can’t afford to buy.
Hey, why is Newell sending out incomprehensible spam on Facebook? I think the PUMA Haxxorz have our JIM!!!!!
How fucking broke are people in the South? And yet, all Southern senators except for one (Webb) voted against it. Wise up, you fucking crackers.
I don’t swim in shark-infested waters. Therefore, I don’t have a credit card and I don’t have a bank account. All I have is a flame retardant mattress and a side-by-side shotgun.
So should we expect Charles Grassley’s car to explode tonight when he leaves the Capitol? Or will Rush eat him?
Incidentally this is exactly why the Senate exists.
If you took out the South, the Mormon Belt, and the Plains, this fucker would’ve passed easy.
And the Senate gives them disproportionate votes.
This is also why you don’t have good healthcare, vacation time or maternity leave.
Thanks a lot, Founding Fathers.
They harass you even if you are one of those people SKS is going to nutpunch. Since they don’t get to feed on your lifeblood, tapeworm-like, they jack up your interest rates arbitrarily, I guess to encourage you to dump the card. I- Um, I mean, some guy I know, hasn’t used his card in months and carries no balance, but the usurous bastard keep sending him rate increases every few months.
NoWireHangers: Before they fill out any application of any kind, everyone in this country should be required to understand the meaning of what you just wrote.
My body is all the money I need.
Fuck the nay-voting lot of ‘em.
This is why I only use barter. You’d be amazed what you can get for some stale cheetos and a hand-job.
Naked Bunny with a Whip: Now that’s what I’m talkin about.
I’ve never paid my balance in full (you know…drugs), but can I get a punch anyway?
And how much money did these senators get from the credit card industry? I demand a law to force congress to post all their ‘donations’ & PAC money on their web pages.
And the number of houses they own.
NoWireHangers: Thus the fun.
He he he! Rich husband, no need for credit here! If I want something I buy it! He he he!
Seriously, though, I feel for you guys.
Teehehe!
Joshua Norton:
Hey man, I’m a Mac. When I helped family with their PC problems, it always lead to a fight so I hated doing tech support for my parents. Owning a Mac allowed me to get all smug and assholish to the point where they don’t even call me for help so I’m happy.
Also I had a couple of friends who annoyed me so much because they became early Vista adopters against my advice and then ended up with serious OS issues so every time they whine about their problems, saying “You shoulda got a Mac” is my polite way of saying “Fuck you. I told you so.”
NoWireHangers:
Decided on being “evil” ManchuCandidate for a while (notice it’s Spock with a Goatee.)
Patterson better hurry up and pass the homo/polygamy bill so I can gay-marry the five guys in New York who still have credit.
ManchuCandidate: *groin punch*
Lascauxcaveman: You missed calling out Sen. Kay Hagan (D-Bank of America) and Sen. Tim Johnson (D-Citibank)…
Good to see the stereotypes about Jews and usury still alive and well, and inhabiting the likes of Specter and Lieberman. Hath not a Jew eyes? etc.
Tommmcatt: *punch*
So you’re saying that if I don’t pay and you don’t pay and we all don’t pay together, that the credit card industry would be shrink so much that we could drown it in a bathtub?
Cicada:
Mom?
Red Zeppelin: Eyes - no, horns - yes…. or so Father Coughlin told me…
everyone all together now - “throw the jew down the well/so our people can be free…..”
Why I luvz Big Plastic: http://www.responsiblelending.org/credit-cards/research-analysis/selective-interpretation-top-credit-card-issuers-appear-to-follow-own-rules.html
I will say this about Roland Burris, he’s a consistent vote. Should I like him more than Jean Shaheen?
Red Zeppelin: Don’t forget those hebes Robert Byrd and Bob Nelson. I’ll never eat white bread again, the bastards.
ManchuCandidate: I hope you tel people that cant afford macs to get linux
Cicada: Ewwwww! I know what you’ll GET for bartering for some stale Cheetos and a handjob: Bright yellow cheesy-flavored penis!
suchsweetthunder: No. I’ve met (then Gov.) Shaheen - she’s (usually) good people…
Fae Yin:
It took me 2 years to save up for a Mac, but yes, I do suggest it.
This was Bernie Sanders’ bill, known Socialist. People like to make fun of trickle-down economics and then criticize 28% APR, which is a perfect example of trickle-up economics. Socialist hypocrites.
S.Luggo: Robert Byrd (D-Chase Manhattan)? Now, why would he vote against Usury? Maybe you have him confused with Sen. Bob Nelson (?-?) who didn’t get to vote because he’s not Ben Nelson (D-NE) or Bill Nelson (D-FL)…
Habemus, sed turpissimos consulares
tootsieroll: Yes.
When I closed my account at WAMU, they tried to get me to accept a new credit card with a 2k limit at 21% interest, rather than my existing 7k line at 13%.
Anyway, here is what happens to Scrooge.
Fae Yin: Well I wouldn’t do that, but I would tell people who can’t afford a used Corolla to get a bus pass.
ManchuCandidate: My last iMac was about $1200, and it came with a free iPod Touch. This is something folks have to save up for?
C’mon folks, this is a thread about credit cards for Pete’s sake! Make the connection!
zenferret: Hell, I’d make minimum payments if I just had a freakin’ job!
My card offers double points for Oxycontin purchases.
Lascauxcaveman:
Just bought a house at the time. TV and furniture first.
Chad San Marino: Yes. Fuck you fuckyou fuckyou.
NoWireHangers: Clearly, you’re a credit card company spokesperson. Fuckin’ troll!
See, they kept jacking the rate up on my (yes, paid off every month- OW!) At&t/MC and so I called them up and told them I’d like to cancel. The annoying random phone slave on the other end did everything in his earthly power to get me to recind my order, and then, amazingly, pouted and bitched like a cock-blocked fratboy when I insisted. Must’ve been on some kind of incentive program, or whatever, I shouldn’t have to call him and haggle every six months to maintain the rate that I originally signed for.
Next up - a system to remind me to jump to a new auto insurance company every two years, since the weasels insist on creeping up the rates whenever they think I’m not paying attention.
Someday when a bunch of Chinese econopoops write the history of the final fail of the American empire, they will conclude that the dagger what done it was made of plastic and shaped like a credit card. I no longer use them. The credit cards, that is. I still use the Chinese.
Debit VS and Debit MC. All the fun of a credit card. None of the interest rates or fees.
ManchuCandidate: I’ve been a mac user since my daughter got her LCIII for her fifth birthday. I’m too old to sell my body to get a new iMac, but I might knock over the local pharmacy. Or bite a piece of leather and go without my arthritis pain medicine for a couple of months and sell it. I have ways.
I am going to buy an expensive Mac on credit. Also, may i please be the nut puncher.
TeddyS: for laundry or road-building?
I have never understood why one would want a credit card if one can pay it off every month. Can someone explain that simply? Of course, I left a large amount of credit card debt back in the US when I moved to a foreign country.
Just stop paying the credit card bills - what are they going to do, come get your stuff?
If anyone out there still has a working credit card, I am responsible for checking the activation of your account. Please send me your credit card number, expiry date, CCV code, and any other pertanent aecurity information.
Bank of America is one of the worst. I USED to have a checking account with them. They completely and without my knowledge opened a credit card for me. I never authorized a single thing for it. Then I get a $48 bill for “fees”? I never use the damn thing, but they keep sending me letters saying my interest rate is now higher.
Bruno: Not nice.
Bruno: I will if you tell me how to say “bite me” in Nigerian, first.
Vote no and Gibbs gets your cell phone!
BlueStateLibtard: The worst. Tell them to fuck off and remove the fees and close the card because you hate them
Winsome: Yeah, I do(ouch! stop it Sara)and I put every fucking thing on it that I can.
1.I get points that I do trade for things I want.
2.I get a nice list of what I spent where.(except for Mr’s nasty top secret cash diamond whore purchases)
3.I pay it all off so that I am not paying those cheating dicks a penny. I’m at 29% with a crappy 20 day grace period even though I’ve been perfect for years and years.haha I don’t care.
4.If some thing happens that I don’t like I refuse to pay and fight the charge.
6.I’m never going to take out a mortgage so I don’t give a shit about my credit rating.I own everything that I need already.
5.If I ever get into any trouble I will put $25,000 on the damn thing and walk.Just like most of America will when they figure it all out.If everyone does it at once what the hell can they do?
My poor dead Mom had a card that showed she was paying 81% interest. B of A still mails her bills, bag of dicks.
Debit cards are the devils work and can’t be controlled.
102415: Back when my poor dead mom was still alive, I gave her a Mom’s day present of taking her 30% department store cards (THE DUMBEST FUCKIN’ THINGS ON EARTH - AVOID AT ALL TIMES!!!) and paying them off with a 2% balance transfer check from Chase - I still had her make the payments, but she no longer had to stress over it all as she so…
OW MY BALLS!!
Bearbloke: Sweet.naveed: Oh, Sara bought a couple of $7,000 purses and some food too probably. She’ll soon learn to shoplift the purses and get some worm to buy her the food. The student loans will need a relative willing to die for her.She’ll be fine.
RE: the ALT tag - Other literarytards out there: did you know that Ezra Pound predicted usuary would be the downfall of America? Isn’t that weirdly prescient?