James Ridgeway has a piece on MotherJones.com that details how politicians side with credit card companies instead of financially struggling citizens because massive financial institutions donate to political campaigns and bankrupt or near-bankrupt individuals do not.
It’s well worth a read, because the issue really tests the values and principles of the top Democrats running for president. Edwards fights for the little guy the hardest on the issues of credit card debt and regulating credit card companies, Obama sort of waffles, and Clinton usually sides with big business, much to her benefit. Clinton receives more campaign money from banking interests than anyone other representative in Congress, according to Ridgeway. Just another sign that she’s the big money candidate in this race.