"Maxed Out"

I just saw a great movie tonight called "Maxed out". It's an independent documentary about the unforgivable world of credit card debt. A world, unfortunately, most Americans experience in their life. And what really stuck out to me was how credit card companies specifically target college students who are un-informed about money and debt.

And what I kept thinking while watching the tear -jerking scenes in the movie was how it directly ties in with Ron Paul and the changes he wants to make.

Dr. Paul want to get rid of the big banks who are supporting the credit card companies and their unforgivng practices.

Between health insurance, a home payment, car payments, and everything else, its difficult for the average American to stay a float without the help of loans and credit. But for every 1 dollar given back to the lender there are two more dollars being given in interest. It's a sickening statistic. I am all for loans and credit but it is these private companies which take advantage of the system, charge consumers way too much in interest and keep people continuously in the hole and borrowing more and more money. It's a viscious cycle.

If this trend continues there will no longer be a middle class; just rich people and poor people. And I assure you there will be many more poor people.

Dr. Paul want to strengthen the middle class and stabilize the economy.

Now, I am well aware that with credit cards come responsibilities and that you must be aware of your interest rates and your budget. But credit card companies should have some responsibility of their own and not try to target the poor, weak citizens who will just keep paying month after month, and who's only escape is through death.