Well imagine that: another "reform" the Democrats imposed on the country for our own good, to force greater "fairness" into the financial order, turns out to be a wealth transfer from those who pay their bills on time to those who don't ("Law to hurt good credit-users"). Sound familiar? Remember how unfair it was for people to lose "their" house when they weren't making their payments? "Congress didn't intend to make credit more costly for consumers, but that's already happening." But not to worry: that's just an "unintended consequence." One impact of the new law ... is that the pain is being spread more evenly, rather than being focused on delinquent cardholders, as before. "The price to pay for fairer credit seems to be higher interest rates all around." So let me understand this: it's not fair that I pay lower interest rates just because I pay my bills on time. No, I now have the privilege of being forced...(Read Full Post)