Check out the article from AP, "Regulators adopt new credit card rules" by Marcy Gordon @
http://www.google.com/hostednews/ap/article/ALeqM5gUaC-canALwb8
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Some of the new rules outlined here are exactly what I was hoping for, with the issues concerning credit addressed in my last post. I see a new focus on more beneficial regulation and banking practices coming from this financial crisis. Although I know it affects all of us negatively to some degree, the best that could come of this situation is a new understanding of how unfairly the banking system has treated people who are already living on the edge, a new due diligence to protect their interests, and a real opportunity for those swamped in debt to get out of their present predicaments. These changes ought to be only the beginning; there are many more unfair and predatory practices to be addressed. I pray this change indicates a new view on the part of our policymakers toward economic fairness and justice... that is the vision I hold for today.
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