All Commentary
Thursday, March 8, 2007

Senators Take on Credit-Card Issuers over Fees


An Ohio man whose $3,200 credit card debt mushroomed to $10,700 with interest and fees told his story Wednesday to senators who denounced the industry for confusing billing practices and shifting interest rates. (USA Today, Thursday)

Politics isn't the solution. Real competition is.

FEE Timely Classic
The Free Banking Alternative by Donald R. Wells and L. S. Scruggs