Money Beat

January 16, 2009 11:14 AM

Very simple person. So here is my question. Why doesn't Obama make the people responsible for the financial mismanagement take care of paying back the money lost. They obviously made a profit. Exxon and other greedy!! oil icons could put just one-third of each of their profits into the car industries to bail them out. Mad at the system that lets the ultra rich always abuse the faith of Americans just trying to live day-to-day!!!!

With nearly a 30 year history of responsible usage with a Chase Credit card,no late payments, always more than the minimun required payment, they want to raise my interest rate 5 percentage points for no reason other than "just because they can." After writing to their "Office of the President" and discussing the matter, they are not willing to leave it as it is. This is the thanks I get for decades of being a responsible customer?

I want to pose a question. If the media were to stop talking about how bad the economy is would people start spending money? Maybe that is the answer to the problem. Stop scaring everyone into not spending!