The results of the credit card fraud which most ignorant people throughout the world fell for.
Instant credit with exorbanant intrest rates which at one time were fair.
Have it now, loose it later ! Why do you think Bush and cohorts saw to it that bankruptcy laws were changed so you had no way out ?
We of the great depression era knew better than to fall for this scam !
Why do you think they are trying to keep our money and government checks in banks and electronic transactions ? The better to control us.