05-05-09 Alexi Giannoulias thinks credit card users are the problem, not banks

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Ray Hanania's World Comic StripIllinois State Treasurer Alexi Giannoulias, a former banker and great leader, says that the banks are not to blame for the interest scams by the credit card companies on consumers. The consumers are to blame and must become "more responsible." Giannoulias says he plans to run for U.S. Senate to succeed Roland Burris. And will probably get the financial banking of the credit card companies and the bankers. We like Alexi but we don't agree with him on this issue.

Bankers Giveth ... and Bankers Taketh Away, 11-15-08

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Bankers Giveth ... and Bankers Taketh Away, 11-15-08
Ray Hanania's World Comic Strips

The Congress gave the Banking industry the first $85 billion in relief of $700 billion promised. They asked the banks to ease the suffering on homeowners, those in foreclosure. How will the banks respond to the losses they expect to suffer? With the usual greed. Raising credit card interest rates by 3 percent.

In the end, the banks will actually make more money.

-- Ray Hanania
www.RadioChicagoland.com