Word: creditably
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What's happening on the consumer side? We have, obviously, some credit issues...
American Express sued MasterCard and Visa in 2004, alleging that you tried to keep it out of the credit-card business. Visa settled for up to $2.25 billion. Does that put more pressure...
Globally, debit is becoming a bigger way to pay, in terms of the number of transactions, than charging credit. Debit has tended to grow up in stores or merchants that were doing business with cash and check. If you go back 20 years ago, you couldn't use a credit card in any grocery store in the United States, basically. It was a rarity. In the U.S., debit is catching up real fast with the rest of the world. MasterCard debit is growing at 15% to 20% per year. That plays into the global capabilities of the organization because...
...October, a few days before he will drop out of the race, Republican Senator Sam Brownback is lost and late, being driven around Iowa by a college intern in the Brownback family's Chrysler minivan. He is looking at a map, pumping his own gas, paying with his own credit card and then running into McDonald's. "$7.15? For a yogurt parfait and a small cheeseburger?" Brownback asks the cashier, who explains that the college kid got a Big Mac. "Oh," he says, and drags a $20 bill and a quarter from his pocket...
...pretty much in agreement on what the big issues are--a new multilateralism overseas, a more comprehensive health-insurance system, the need to address global warming and the hope that the search for new energy sources will create new jobs--and on how to solve them. Edwards gets credit for laying out his dramatic plans first, especially for health care and global warming. Clinton gets credit for the smartest, most detailed plans. Senator Joe Biden gets credit for the unadorned, and short-winded, wit and intelligence of his debate performances...