Post from JD's Blog:
Credit card customers likened to rape victims
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Here's the latest "Whose Side Are They On?" update: Another example of the corporate lobbyist complex at work. We take you to yesterday's credit card hearing in the U.S. House of Representatives:

The people who had been invited to testify had flown in from around the country with their credit card bills in hand, only to learn that they couldn't talk unless they would sign a waiver that would permit the credit card companies to make public anything they wanted to tell about their financial records, their credit histories, their purchases, and so on. The Republicans and Democrats had worked out a deal "to be fair to the credit card lenders." These people couldn't say anything unless they were willing to let the credit card companies strip them naked in public.

For the full story, see Kevin Drum who tipped us off to this great report by Elizaeth Warren.


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