These practices, they've only grown worse in the midst of this recession when hardworking Americans can afford them least. Now fees silently appear. Payment deadlines suddenly move. Millions of cardholders have seen their interest rates jump in the past six months.
Obama urges Congress to pass legislation to end abusive credit card practices.
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More from Barack Obama
They're meant to remind us of who we can be, to remind us of what's possible, so we can forge ahead.
I think when you understand the complexities of America and the contradictions of America, I don’t think it makes you love it less. I think it makes you love it more.
No one was more skilled at bringing people together and getting legislation passed.
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