Recently I received my credit card statement and interest rate had increased to 35%. This was not the Christmas present I was expecting. I am so glad Congress has enacted new rules to prevent this type of customer service from happening to you.
As the government continues to provide bailouts, I was thinking that we should have provide America with a hand-up. Since credit card companies can charge 35% interest, I think that we should take some of these funds back in a national Technology tax. This tax would be used to fund regional datacenters all across America. Just like the library system, one would be located near you to store critical data about you. It also could be used to provide co-location space to new businesses.
At birth, each American will receive their social security card with a computer chip. This chip would store your unique id to provide you with access to government services – including social security, drivers license, fingerprint, and tax information. In addition, you as a consumer, could add other enrollment programs to the card – your frequent flyer id, your credit card, your garage door opener. It would be a National ID that is can be used for multi-tasking.
This card could be outsourced to credit card companies as another form of revenue. Aren’t you tired of carrying a wallet full of cards –why not have one! Sas70expert@gmail.com