Right now our economy is in trouble because the government failed to place regulatory legislation in place for mortgage companies. My prediction is that the next failure will be that of credit card companies for the very same reason. I exclude, Discover card and focus on Bank of America and Chase for my discussion. These companies reel you in with promises of low interest rates (much like the sub prime/adjustable mortgages) and then sock it to you with a hugh increase in your interest rates with little or no explanation. I wonder how many people who needed money to pay expenses once their...read full review »