pay for "health care reform" with taxes on Sugary drinks and Alcohol

[Silver_2000]

http://health.yahoo.com/news/reuters/us_usa_healthcare_financing.html

The sugary drink tax wont impact me but the other might

[Ohmsby]

This is brilliant more taxes to fund a plan that is doomed to failure (See Medicare, Medicaid)

Other one brewing is the credit card reform to protect us from the big bad credit card company. Oddly enough one of the provisions is that interest will begin immediately after purchase. Once again screwing those who are fiscally responsible and pay the balance each month:hammer:

[ZeusSVT]

This is brilliant more taxes to fund a plan that is doomed to failure (See Medicare, Medicaid)

Other one brewing is the credit card reform to protect us from the big bad credit card company. Oddly enough one of the provisions is that interest will begin immediately after purchase. Once again screwing those who are fiscally responsible and pay the balance each month:hammer:

That's the day my American Airlines Advantage Credit cards will go in the trash....:flaming:

[98Cobra]

This is brilliant more taxes to fund a plan that is doomed to failure (See Medicare, Medicaid)

Other one brewing is the credit card reform to protect us from the big bad credit card company. Oddly enough one of the provisions is that interest will begin immediately after purchase. Once again screwing those who are fiscally responsible and pay the balance each month:hammer:

I think overall the Credit Card Reform Act is a win....

http://consumerist.com/5261324/credit-card-reform-bill-passes-with-guts-intact

[Ohmsby]

Most of the provisions are good. The best way to prevent these things is to spend wisely and pay your bills and none of these things are an issue for you.

The interest on purchase is a screw and again this is legislation that say's
" it's someone else's fault that you are an a$$hat"

We have all been in some kind of pickle financially, legally, whatever but hey own it learn from it and make better choices moving forward

We are creating not my fault society and at some point it will bite us

my.02:D

[Silver_2000]

This is brilliant more taxes to fund a plan that is doomed to failure (See Medicare, Medicaid)

Other one brewing is the credit card reform to protect us from the big bad credit card company. Oddly enough one of the provisions is that interest will begin immediately after purchase. Once again screwing those who are fiscally responsible and pay the balance each month:hammer:
dont see that provision here

http://moneyfeatures.blogs.money.cnn.com/2009/05/19/what-credit-card-legislation-means-for-you/

[ZeusSVT]

Should be interesting to see what might have been added or removed right before it went into law. :throw:

[PUMP]

As regards the "Fair Credit" laws, sounds like our representatives think that being treated fairly and ethically is a right guaranteed by the Constitution. We already have usery laws which should be sufficient to limit rip offs in credit. Just like the mortgage mess, when a person asks someone else to extend credit, it is up to the creditor to decide the terms. If you don't like it don't take it.
I belive that that we would be better served by requiring people to learn to read so that they can understand what they are signing.

[Shiner1]

So they are going to tax the premix Kool-aid but not the kool-aid that you have to add sugar to. :evil:evil

[98Cobra]

As regards the "Fair Credit" laws, sounds like our representatives think that being treated fairly and ethically is a right guaranteed by the Constitution. We already have usery laws which should be sufficient to limit rip offs in credit. Just like the mortgage mess, when a person asks someone else to extend credit, it is up to the creditor to decide the terms. If you don't like it don't take it.
I belive that that we would be better served by requiring people to learn to read so that they can understand what they are signing.

How is it a bad thing to pass a law requiring lenders to use plain English in contracts? I think that is part of the problem - so much legal wording goes into it, you cant be 100% sure of what you agreed to. No one would agree to a 400% APR if they understood what that meant.

Lenders also try their best to get around the usury laws...

http://consumerist.com/5037807/ohio-payday-lenders-lie-bribe-the-homeless-in-attempt-to-overturn-usury-limits

http://consumerist.com/5198880/house-preparing-to-legalize-payday-loans-with-391-aprs

http://consumerist.com/237498/payday-lender-structures-loan-dates-so-they-fall-outside-the-law

http://consumerist.com/263392/confessions-of-a-former-payday-loan-center-manager

[ThunderBolt]

and tobacco. ****ing bastards are taxing addictions that are perfectly legal. This friggin administration is out of control. We're getting ready to bail out Cali because they're too big to fail. Again... I've had enough of this shit!

[my2002lightning]

But, isn't this change that we can believe in?:rolleyes:


and tobacco. ****ing bastards are taxing addictions that are perfectly legal. This friggin administration is out of control. We're getting ready to bail out Cali because they're too big to fail. Again... I've had enough of this shit!

[ThunderBolt]

No...

Obama supporters got suckered.

[Shiner1]

But, isn't this change that we can believe in?:rolleyes:


:rll::rll:

[98Cobra]

http://redtape.msnbc.com/2009/05/dispelling-confusion-over-credit-card-legislation-.html

[PUMP]

How is it a bad thing to pass a law requiring lenders to use plain English in contracts? I think that is part of the problem - so much legal wording goes into it, you cant be 100% sure of what you agreed to. No one would agree to a 400% APR if they understood what that meant. ..... snip


I didn't mean that its a bad thing. My point was more in the vein of "A fool and his money are soon parted." Education would do more good than "Morality Laws". Just my 2c.