The Mudcat Café TM
Thread #94000   Message #1816608
Posted By: Old Guy
22-Aug-06 - 09:39 PM
Thread Name: BS: Voluntary Simplicity
Subject: RE: BS: Voluntary Simplicity
http://www.pbs.org/wgbh/pages/frontline/shows/credit/etc/script.html

SECRET HISTORY OF THE CREDIT CARD
PRODUCED BY David Rummel & Nelli Kheyfets
CORRESPONDENT Lowell Bergman
WRITTEN BY Lowell Bergman & David Rummel
DIRECTED BY David Rummel

NARRATOR: The credit card companies do make a percentage on each transaction, but Stein is not their ideal customer because, like 55 million Americans, he pays his bills off every month and doesn't pay any interest.

BEN STEIN: The credit card companies hate people like me, who pay off our bills every month. And I know that because I ran into a fellow I went to high school with on the street, and he told me he worked for a credit card company. And I told him about how much I use credit cards and how I pay them off every month, and he said, "Oh, we hate you. We hate you guys. We call you deadbeats."