Wednesday, November 12, 2008

No bailou for AmEx!

http://biz.yahoo.com/ap/081112/american_express_ahead_of_the_bell.html?.v=1

Every big corporation or state government or bank is going to the Feds for taxpayer money, but I absolutely draw the line at credit card companies. No. No way. credit card companies feed off consumers and rive up debt everywhere more than any other institution, chargin up to 24.99% interest. Are we going to bail out paycheck-loan companies next? American Express can stop sending out millions of credit card offers then. Dogs can get credit cards.

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