Quote:
Originally Posted by Captain Kawaii
NPR reported that if the US does default, one of the things it means for us, is the major credit cards companies and banks will raise interest rates on credit cards...it dawned on me that maybe thats what this is all about...besides all the BS fronting shit...a nice little tick up in credit card rates would be good for them...
|
was thinking that as well. even if they don't default (which they wont) rates will rise and suck even more money to the banks.
makes sense as all trails for the tea party now lead back to wall street and big business.