Word: cards
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...strict vegetarian. During that time, many friends and readers have voiced their surprise that I care so much about such an unlikely cause. Many, I think, have simply assumed I’ve always been this way—as if I were born with a PETA membership card and an inexplicably visceral distaste...
...does not mean that I will be a party-line voter any more for the Democrats that I have been for the Republicans. Unlike Senator Jeffords' switch which changed party control, I will not be an automatic 60th vote for cloture. For example, my position on Employees Free Choice (Card Check) will not change...
...Credit card leaders have powerful friends on Capitol Hill, though, and neither side expects a clean victory. Moderate Democrats and those with major banks with big presences in their states are receiving particular attention from the banking lobby. These include Tom Carper of Delaware and Tim Johnson of South Dakota: Johnson voted against Dodd's bill in committee and Carper is a longtime bank backer...
...down Dodd, and only Maloney's bill passes? The Dems have a plan for that: humiliate the banks and the Senators protecting them by bringing a tougher version to the floor and making them vote against it. Republicans for their part realize the political tide is against the credit card industry, but are working with them to limit Dodd's bill. "The bill won't go anywhere as it is" ranking Senate Banking Committee Republican Richard Shelby said Friday...
...most likely outcome is a bill somewhere between Maloney's and Dodd's that prevents credit card companies from boosting rates on existing balances but allows them to jack them up for future purchases, eliminates a variety of unfair billing and payment gimmicks the card companies use to jack up fees, and gives the consumer more ways out if the card companies do try to squeeze them...