Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
Also in this issue:
Their names probably won't mean mean anything to you, but these people ought to have some modicum of personal recognition: Jason Anderson, Aaron Dale "Bubba" Burkeen, Donald Clark, Stephen Curtis, Gordon Jones, Roy Wyatt Kemp, Karl Kleppinger, Blair Manuel, Dewey Revette, Shane Roshto, and Adam Weise. These are the 11 workers who were killed when the Deepwater Horizon oil rig exploded and sank into the Gulf of Mexico on April 20.
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CREDIT CARDHOLDERS' RIGHTS
It's hard to feel much love for bankers, but they're sure not helping themselves right now. Even as they've been clamoring for us taxpayers to give them a massive bailout, they've been lobbying furiously in Washington to kill a bill that would make them give us a small break.
It's called the "Credit Cardholders' Bill of Rights," and it would put a halt to some of the nastiest tactics that these credit-card hucksters use against their own customers. For example, they now jack up the interest rate on our cards overnight whenever they feel like it and without advance notice. The Bill of Rights, however, would require them to tell us 45 days in advance.
Another gouge is those late fees. Many times, your monthly bill arrives only a few days before it's due. If you're ill, traveling, or otherwise unable to jump right on it, you're socked with a hefty late fee. Rather than mailing our bills only 14 days before the due date, as banks now do, the Bill of Rights requires that they mail bills to us 25 days before they're due.
Despite the banks' army of lobbyists, the Credit Cardholders Bill of Rights has passed the House and is pending in the Senate. For information, contact Consumer Federation of America: 202-387-6121.