Posts Tagged ‘obama’

OBAMA HOME MORTGAGE STIMULUS PLAN 1 IN ARIZONA FEBRUARY 18 2009 CONCISE
HIS EXPLANATION AND THE PLAN-THAT’S IT
I REMOVED INTROS GREETINGS ETC.

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Hidden penalties, sudden interest rate hikes, and deceptive language are just a few of the questionable tactics used by credit card companies to extract money from increasingly stressed consumers. Now, some on Capitol Hill are trying to regulate the more abusive practices.

With bills actually moving through both houses of Congress, the credit card lobby is finding itself on the defensive, and turning out in force to oppose the legislation.

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- Do you think credit card companies are exploiting customer by increasing rates in these difficult economic times?

- Theres a bill moving through Congress that would control credit card companies rate increases.

- Do you think these rate change would affect the way people use their credit cards? Have you been affected by the recent rate increases?

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Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives on time. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry really works, explains the true definition of “preferred customer” and tells us why the poor are getting poorer while the rich keep getting richer. Hilarious, shocking and incisive, Maxed Out paints a picture of a national nightmare which is all too real for most of us. Great for college students.

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The Obama administration is ramping up their campaign to crack down on credit card companies. President Obama opened the possibility of prosecuting officials from the Bush administration who authorized vicious interrogations of terrorism suspects. Obama celebrated Earth Day and announced his alternative energy plan at a former Maytag plant that now makes wind power parts. He also planted a tree in Washington along with the First Lady and some volunteers.

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Interest gouging practices by banks who received stimulus money will highlight President Obama’s meeting with credit card companies, reports Bill Plante.

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Interest gouging practices by banks who received stimulus money will highlight President Obama’s meeting with credit card companies, reports Bill Plante. … bill plante obama credit cards

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