Yesterday, President Obama urged Congress to pass credit-card reform legislation by Memorial Day. In his weekly address, he stated , "There is no time for delay...We need a durable and successful flow of credit in our economy, but we can't tolerate profits that depend upon misleading working...
Posted to
AIP Blog
by
Despina Karras
on 05-10-2009
Filed under: economy, capitalism, free market, business concerns, economic recovery, economic crisis, regulation, credit card reform