Giving Credit

When I applied for and received my credit card many years ago, I obtained it because it had no annual fees. After all, I only used it on occasion, so there wasn’t any reason for me to spend any more than I really needed to.

As of now, however, I’m considering the possibility that I’m going to cancel my card, given the sad fact that the number of irresponsible credit card users far outweighs those of us who pay our bills on time and in full. And, as we know, sheer numbers equal power in terms of voters.

AP writer Anne Flaherty reports:

I once saw a T-shirt that stated “Don’t underestimate the power of stupid people in large groups.” I guess that we can just change the word stupid to irresponsible and we might have an idea where we’re headed.

Reference

Flaherty, Anne. “Big Changes in Store for US Credit Cardholders.” Yahoo! News / Associated Press. 20 May 2009.

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