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Thursday, September 27, 2007
What credit squeeze? The Federal Reserve says Americans are charging as much stuff as ever on credit cards. But a report out today from the consumer watchdog Public Citizen says that when we dispute those charges, cardholders lose almost every time. Helen Palmer reports.
Credit card in wallet (David Paul Morris/Getty Images)
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"Will makes a great argument. The hostile reception, as indicated by the comments, should be unsurprising. If people actually understood how much immigration has historically benefited us then we wouldn't have the type of protectionist immigration laws we have. If the borders were opened one might see a drop in wages, but considering there would be a correlative drop in prices, it's doubtful there would be an overall harm and most likely considerable benefit..."
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