Quote:
Originally Posted by IllTestYourGirls
He stated things where the government might want to step in. Credit cards are not killing anyone and credit cards are NOT NEEDED.
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Really? Ever tried renting a car without one? How about staying at a decent hotel? Buying anything online?
If credit isn't important then why did a republican treasury secretary and a fed chairman appointed by a republican go to congress, hat in hand, and ask for $700 billion to "unfreeze the credit markets"
Maybe because credit is vital to an advanced economy, and credit cards are part of that equation.