Edgeman
Chico,#2Consumer Comment
Sat, April 04, 2009
It's just that this credit crisis has very real consequences for all of us. As noted in another thread, I know somebody who had a card with a $25,000 limit and a rate of Prime + 1.9%. His limit was lowered to $2,500. Boycotting stores such as Dillad's or Wal*Mart will only hurt the employees of those stores. If you want to be angry at someone, be angry at our government for the Community Reinvestment Act of 1974, Fannie Mae and Freddie Mac. They are the ones who encouraged giving mortgages to people who couldn't afford them and started this whole crisis.