Author Archives: admin

Healthcare reform – How President Obama plans to create jobs….

President Obama still can’t find a solution to fix our economy after over one year of running the office and does not know how to create even one job. It seems to me that his only option is to pass the healthcare reform and take control over 20% of American economy. After this is achieved, [...]
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Credit Cardholders Bill of Rights -2009 HR 627 is just an illusion not a real help…

Consumers believe that president Obama really helped them by signing HR 627. But is it true? This bill exposed consumers to higher annual fees and late fees, decreased credit available on the market and as a result we all can see less consumer spending which is not helping in today’s economy. More credit – more [...]
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What can we learn from the Australian experience?

Interchange reform that took place in Australia was suppose to benefit consumers and merchants but not only it did not help consumers but also it destabilized the market and changed the way that credit card companies do business in there. Same thing happened in the US after president Obama signed into law Credit Card Consumer [...]
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