Tuesday, March 22, 2011

the credit card debt - Obama to rescue consumers to continue with massive card debt

Credit card debt rescue plan for consumers will remain in full because Pres Obama has not repealed the Fair Debt Collection Practices Act, the law could be in jeopardy if too many too small to fail "people are debt cancellation in a large number of "too big to fail" banking giant entity.

The banks do not think the average consumer has sufficient knowledge (brain) to use the law to make asignificant impact on profits and any attempt to repeal the law enforcement quietly through Congress could be found.

If the bailout bill because of the repeal, the public outcry reached a higher level, because John D. Consumers have already seen a bottle bank rescue and pulled the economy is not likely to drop a plan to end their only hope to be debt free in this depression.

The Federal Trade Commission has developed the law in 1966under pressure. Lyndon Baines Johnson during the Vietnam War was raging and credit cards were still in their infancy, they present no problem for the economy. The giant plastic pond can not even conceive of time, because the banking sector was still very far from cyberspace.

Consultation in the first line: the card game "to get a doctorate in the digital economy and how the public was deliberately set to become a nation of slaves made a profit of banks and Wall Street. Maketo keep your wits about you and do not be angry, but concentrate on using the system to alleviate the problems that plastic demons have quietly done for you.

With the repeal of the FDCPA aside for now the question is why all debit cards is not to use the law to be debt free? There is a psychology about how to use plastic instead of cash at the moment purchase. Have you noticed that little tingling feeling you get when you swipe a card?

Youknow something is wrong but I can not put my finger on the cause of this strange feeling. The feeling of freedom or the financial power by using the card is built into our brains through constant advertising logo of the role of business to make everyone feel is the normal use of credit.

That feeling some "pins and needles" can come from your unconscious brain trying to remember about the monthly magazine which will cause extreme stress when it opens. Throw in the pinksliding shot in the head and just got his thinking becomes blurred.

The Secret forgot to remove your credit card debt has been there for over 40 years, so there is absolutely no need to keep paying an interest rate of 30% criminal and ruin my life. Change your thinking, use the bailout debt and stress free life you deserve.

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