Jelly, that is.
The 5 o'clock news is explaining that the banks and credit card companies started upping card rates today...some of them doubling. The explanation? These wonderful companies want to pay off their bailout debt.
Wait, wait, wait. As I've pointed out before I'm NO ONE's genuis. But doesn't this mean they're charging US in order to repay the money WE loaned them? Isn't that right? Did I miss something here?
Good thing I don't know anything about finances and economics or I might suspect I'm being had. Again. Just maybe.
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