>>>We're subsidizing deadbeats in housing on the backs of the responsible, why should credit cards be any different?
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>>Looked at another way the 'deadbeats' are subsidising you (and me): The credit card companies can only afford to give us free credit by gouging those who cannot pay in full with almost extortionate interest rates. Why would it not be fairer if everyone who used a credit card was charged a reasonable lower rate of interest from the time the purchase was made?
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>The credit card industry is already pushing back hard against President Obama's threats to try to eliminate gouging. Gouging is exactly what they want to do. Bend over and grab your ankles, folks....

Sure. When the industry complies with Obama call and charge everyone with 'reasonable' charge then if will be another Big Business gouging of innocents.