Department of About Damn Time

Finally the Federal Reserve acts against abusive credit card companies

Sat, 05/03/2008 - 1:19pm — DCblogger

Fed proposes to end unfair, deceptive credit card practices

Today, the Federal Reserve and other regulators have decided to take on the credit card companies. According to this AP report, changes are coming.

The proposed new rules would prohibit:

-Placing unfair time constraints on payments. A payment could not be deemed late unless the borrower is given a reasonable period of time, such as 21 days, to pay;

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Today in Health Care Reform

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Get the party started
52 min 54 sec ago
It was only a matter of time
6 hours 12 min ago
You know, since Weiner went back on his word,
7 hours 25 min ago
Yeah I'm watching too
8 hours 57 min ago
Damn.
8 hours 59 min ago
Not really
9 hours 2 min ago
These Mobilization for Healthcare for All folks seem like great
9 hours 54 min ago
Good thing the country's in an anti-incumbent mood.
10 hours 1 min ago
Well, part of the problem is that
10 hours 5 min ago
Well shit, why don't we primary them then?
10 hours 26 min ago

I support Americans United for Separation of Church and State.

Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

-- Bob Somerby

The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.

Medicare for All would save $350 billion a year (study in New England Journal of Medicine).

In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.

* Medicare For All.

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