GRITtv: Credit Card Accountability

Last week Barack Obama signed a credit card bill aimed to reign in the abusive practices of credit card companies. But will the so-called “common sense” reforms change much of anything? Or are they simply window dressing?Danny Schechter the author of Plunder: Investigating Our Economic Calamity and the Subprime Scandal, Jose Garcia, Associate Director of Policy and Research at Demos and the co-author of Up to Our Eyeballs, Anne Sullivan Publicity Director of The New Press, and Jonathan Shamis Executive Director of Alpine Legal Services discuss the new legislation.