Is being charged interest on a credit card like being robbed?

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That’s what my opponent said in my latest debate on credit-card reform this morning on CNBC, in which I thankfully got more air time than before:

Sure, big banks are in bed with government and opposed to freedom in a number of important ways. But when they’re right, they’re right: consumers should be free to choose credit cards. To fix what’s wrong with banks and credit cards, we need less legislation, not more.

10:56 am on May 12, 2009