Warren: “even I don’t understand my credit card contract and I teach contract law”

What a bunch of loaded BS

Right?! I was surprised Warren dropped by too. 

k00b

Dude this is a trip to watch. Usury. Warren. High interest rates. iPod!

videos

Currently watching this. Tidbits:

1. high interest unsecured loans (in the US) became ubiquitous relatively recently because of a supreme court ruling
2. tons of dark arts in credit card agreements like arbitrarily adjustable rates
3. people justify paying minimums by convincing themselves it's prudent
    - > If I lose my job, I need my savings. I can't live off a credit card.