New credit card rules go into effect on February 22, and Consumers Union lists the new rules. From there, you may also link to an eight-month old post in which Consumers Union answered readers' questions about the Credit CARD Act of 2009. And if you don't want to sift through all 100-plus comments, CU summarizes the six most-asked reader questions here. The Credit CARD Act of 2009 didn't get the interest rate caps Senator Durbin proposed, nor did it get its provisions enacted immediately (meaning credit card companies will, by February 22, have had nine months to gouge consumers). But after watching the credit card companies have their way with consumers for the better part of a decade, it's nice to see some pushback.
Progressive States alerts us that even though health care reform has stalled at the national level (which is not necessarily a bad thing), health care reform efforts continue at the state level. Legislators have introduced public health care options in Iowa and Vermont, and have introduced single-payer plans in California and Missouri. Now, we're not seeing a whole lot of success yet -- the single-payer plan in California has advanced the furthest, in that the state Senate Appropriations Committee has approved it -- but we have cause for hope. The Canadian single-payer system started in Saskatchewan, after all, and we saw in 2005 (when over a dozen states passed voting reforms) that when the federal government proves intransigent, the states can step in and do good. And 2005 was a worse political climate for reform than 2010 is -- at least so far.