When you’re out of money, you’re done

President Obama recently met with the leaders of the credit card industry to protect consumers…from their own consumption. The Obama administration is putting the heat on credit card companies for increasing interest rates and fees during difficult economic times. Peter Schiff explains why the Obama team has it wrong and argues why this manuever will only hurt the economy in the long run – when you’re done crying, have a laugh with Lewis CK:

Lewis CK on how everything is awesome and no one is happy

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