Under the Dim concept of “fairness”, those who pay their mortgage on time are required -- by force of law -- to make the mortgage payments of deadbeats.
Now, according to that charter member of “The Vast Rightwing Conspiracy” -- The New York Times, those who pay their credit card bills on time will be required to pay more in fees so that irresponsible deadbeat Dims can enjoy even greater “fairness”.
“Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars in fee revenue for the industry. And to make up for lost income, the card companies are going after those people with sterling credit.
Banks are expected to look at reviving annual fees, curtailing cash-back and other rewards programs and charging interest immediately on a purchase instead of allowing a grace period of weeks, according to bank officials and trade groups.”
When Dims tried -- with respect to housing -- to make life more “fair” for deadbeats, the GLOBAL consequences were rather severe. But, Socialists NEVER learn from their prior mistakes! Why? Because so-called “Progressives” are not merely blind ideologues, they are straight up CULT MEMBERS! They NEVER allow facts, evidence, prior experience or anything else to interfere with their blind faith in their religious creed.
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