While I blame the Obama administration for policies that unduly interfere with proviate enterprise, I also blame the credit card companies for their outrageous fees, hiking interest rates with little provocation and other abusive policies. How could they be so blind as to think they could get away with it forever.
Incompetence abounds. It still does not justify the Obama adminstration's socialistic jaw-boning. But how could the credit card companies not see it coming?
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