things look difficult - linking Credit Slips.

" . . . more credit card issuers are refusing to cut interest rates to help out consumers in trouble"
Here is the link.

One in ten homeowners are under water, also.

Everybody in the industry (and many out) should have seen this coming. I wrote this silliness sometime around 2004. My mien of outrage was not sufficient to convey an ongoing infinite thought process at the time, and the piece is weak. Things would be different now. (A rewrite and binding in paper form might be in the works once Julie and I land on the same planet again sometime.)