The Golden Goose Is Mighty Sick

Back in February I wrote a blog about how the credit card companies are killing their golden goose - us.

Here's a link to that article:

http://www.marinrealtygroup.com/insight-to-marin-real-estate/hey-credit-card-companies-ever-hear-of-the-golden-goose/?preview=true&preview_id=161&preview_nonce=eb24a1a406

and here' s a link to an article that shows the mounting debt, rising credit card interest rates and unemployment are making it impossible for many to continue paying their credit card debt. With the current behavior of greed and abuse by the credit card companies we can expect to see many more personal bankrupcies.

http://money.cnn.com/2009/07/07/pf/consumer_delinquencies/?postversion=2009070711

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