Secret History of the Credit Card

[Dover]

PBS Frontline Special...show can be viewed online or read transcript:

http://www.pbs.org/wgbh/pages/frontline/shows/credit/view/

[NYC]

1. Thank you.

I'm going to read it now. Sounds fascinating.

[mike_c]

2. watching now-- almost finished....

Man I'm glad I'm not playing that game anymore!

[Bobbieo]

3. Credit Card History

I'm one of the industy's "worst" customers. I pay my card off every month. I can do that because I may be a liberal in politics but I'm not a liberal in my spending habits. I'm a child of the "Great Depression'! Cheap ass bobbie

[mhr]

5. I've Paid My Credit Card Off Every Month For 20 Years Now

The industry must hate me.

[mike_c]

4. wow-- that was awesome....

:kick:

[Robert Oak]

6. excellent recommendation

I saw this when it first aired.

There are other Frontlines that *must see*. Tax Me if you Can,
Dot Con, Enron

These guys do fantastic work and I wish they were mandatory viewing
by every American.

[NYC]

7. 5 hours later, and I'm still reading.

There is so much information there, lots of related links, and Elizabeth Warren is wonderful.

[Dover]

8. Well you ought to be an expert by now!

You can probably give seminars on the subject. :P

A subject we can't learn enough about. So good of Frontline to clue us in.

[NYC]

10. I've learned enough that I can branch out from my

previous lecture of pay it off, pay it off, pay it off. Now, after having said pay it off, I can talk about other predatory lending practices. :)

Most subprime mortgages are second mortgages. I thought that was very interesting. Disproves lenders' claims that subprime mortgages make mortgages available to more people.

Okay, now I can go back to saying pay it off. :)

[Dover]

11. Amen. If you're gonna play, then ya gots ta pay.... don't delay.

Let us pray...

[NYC]

12. Something catchy like that should be printed

on every credit card. :) And not in fine print.

[Dover]

9. More great online PBS Frontline shows here >

So many to choose from!

http://www.pbs.org/wgbh/pages/frontline/view/