To Congress, CBS, NBC, ABC News and All Cable News Channels

Well, that just about covers everyone. (As if they actually will be reading this. Oh well...)

I don't get it. Millions of Americans are suffering under a system of virtual slavery devised by the big banks and no one is paying attention. The media, including all newspapers and magazines are ignoring this problem. But scratch the average Joe on the street and you'll get an earful.

I am talking about credit card debt. Beginning with Ronald Reagan and the destruction of unions and good paying jobs, decent wages were replaced with easy credit via credit cards. For many, many people, their lifestyles were supported by credit, not a good, middle class paycheck

Now millions of Americans owe billions, perhaps trillions of dollars in credit card debt. Many Americans are crushed by credit card debt. Evidence is the fact that radio ads constantly bombard us with offers from companies promising to fix our credit card debt, make it go away, with secret methods "the credit card companies don't want you to know about."

It amazes me that the media and Washington politicos have managed to ignore this problem. It is huge. It is an elephant in the room, so big there is barely room for the sofa and a table.

And the banks that own the credit cards have been bailed out with our money. The cardholders that are being held hostage are also the taxpayers who are subsidizing the these bloodsucking banks.

It's insane.

We need federal legislation that would at least limit the interest rates on credit cards. In some cases interest has soared to nearly 30%. And the banks are using federal money at zero or 2%. On top of that the credit card companies raise the interest rates whenever they feel like it.

It is more than insane.

It is criminal. And the American people are the victims of this shit. The credit card companies need to be reined in.