Facing our debt addiction

Source: John F. Wasik, Boston Globe (Free Registration)

Imagine if politicians talked about the huge debts facing Americans, instead of offering the usual platitudes about national unity and security. How would the conversation begin? "We want to make it easier for you to pay your bills and mortgages. Instead of onerous layered credit-card charges that are buried in incomprehensible, fine-print documents, we will mandate full disclosure and outlaw junk fees that make full repayment expensive and difficult.

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credit cards, debt, opinions & editorials

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