- The Washington Times - Tuesday, May 12, 2009

ANALYSIS/OPINION:

LETTER TO THE EDITOR:

Regarding the article “Obama pushes cardholders’ ‘rights’ ” (AP, Nation, Sunday), I couldn’t help but draw parallels between this bill and the so-called stimulus bill. The article quoted President Obama as saying, “You shouldn’t have to fear that any new credit card is going to come with strings attached, nor should you need a magnifying glass and a reference book to read a credit card application.” Mr. Obama also said that during this recession, “Americans can least afford to bear an extra burden.”

I am all for credit card protection, and I don’t mind this bill per se, but I did mind the passage of the “porkulus bill” (a Rushism), as did many other Americans. We all know that the porkulus bill came with strings attached, was so lengthy and burdensome that not even the experts had the time or wherewithal to read it, and put us and future generations into unfathomable debt. It also has not stimulated our economy. We are still losing jobs, our 401(k)s have not come back, and we are still holding onto our money. Mr. Obama proves himself once again to be arrogant and hypocritical.

LISA WHEELER

Springfield



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