Dear Larry,
You, President Obama's chief economic advisor fell asleep during a meeting with credit card execs yesterday. You defended your White House nap on Sunday, saying that, with a topic "boring enough to put you to sleep," you were just trying to achieve your own American Dream.
Millions of Americans are working two or three jobs to pay credit card bills. Millions of Americans are losing their homes paying credit card and other bills. And you fall asleep because the subject is "boring." You have demonstrated just how out of touch you multizillion-dollar- half- million-dollar-a-year people really are. Believe me, we don't think it is boring at all. We lose sleep trying to pay our bills. Draconian, arbitrary and punitive credit card practices are life and death to us.
Thank you, Larry Summers. You have shown us the true face of the Washington Power Establishment. Asleep in the midst of national crisis.
Sincerely,
NEWSGUY
3 comments:
Gosh a guy can't even catch a couple a winks during a talk about fine print garbage in the stuff no one ever reads on their credit card paperwork without someone snapping their picture.. lol At least it wasn't the President or Vice President sleeping...lol
Give the guy a break, he has been working 20 hours a day lately.. I would probably need a nap too.
Oh, ok. You're such a forgiving soul, Annette.
You captured it well-- asleep at the wheel in the midst of a crisis.
This issue is huge for Americans-- because credit cards have taken up the tactic of increasing interest rates on good customers who pay on time & more than minimum amounts.
During hard times, people don't need to feel the financial pinch who have been responsible, good customers.
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